Less-than-truckload (LTL) Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Japan, Germany, France - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 168 SKU: IRTNTR71750

Less-than-truckload Market 2024-2028

The LTL Market size is estimated to grow at a CAGR of 7.3% between 2023 and 2028. The market size is forecast to increase by USD 120.31 billion. The growth of the market depends on several factors such as advances in e-commerce in the retail sector, increased outsourcing of logistics services and growing focus on environmental sustainability. The report includes a comprehensive outlook on the less-than-truckload market offering forecasts for the industry segmented by Type, which comprises long-haul carriers, superregional carriers, and regional carriers. Additionally, it categorizes Capacity into light LTL volume and heavy LTL volume and covers Region, including North America, APAC, Europe, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments. 

What will be the size of the LTLMarket during the Forecast Period?

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LTL Market Dynamics & Customer Landscape

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Less-than-truckload Market Driver

Advances in e-commerce in the retail sector are notably driving the market growth. Improving economic conditions and growth in the manufacturing sector have helped increase the demand for LTL shipments. Globally, domestic consumption is on the rise due to the growth of the middle-class population. This reflects the advancements in the retail sector, which is witnessing an expansion of well-organized retail spaces. The e-commerce sector is also witnessing tremendous expansion due to the increased adoption of the Internet and mobile services. Consumer spending on e-commerce retailing has increased significantly over the past few years. 

Moreover, due to limited supply and the increase in demand, the acquisition of the right distribution channel, which has its reach to the maximum population, is also an increasingly challenging task. Therefore, several retailers opt to partner with LTL shipping firms that can provide the necessary distribution services. As the e-commerce market continues to expand, the demand for the market is also expected to increase. This is expected to lead to the growth of the market during the forecast period.

Key Less-than-truckload Market Trends

The rise in demand for last-mile logistics is an emerging trend shaping the market growth. Last-mile logistics refers to the last step of the delivery process from a distribution center or facility to the end customer. The focus of last-mile logistics is to deliver items to the end customer as fast as possible. The last-mile delivery market is expected to grow steadily during the forecast period, primarily because of the growth of e-retailing, the adoption of premium delivery services, and the focus on segment-specific service offerings. Customers are ready to pay premium delivery charges for the same-day or instant delivery of ordered goods and merchandise.

For instance, Amazon offers Amazon Prime, which is a premium last-mile delivery service, to deliver goods faster than standard service. This will provide an opportunity for LTL carriers to penetrate the market further by delivering a variety of goods to different destinations. Thus, a rise in last-mile logistics will propel the global market during the forecast period.

Major Less-than-truckload Market Challenge

Implementation of the electronic logging devices mandate is a significant challenge hindering the market growth. The LTL market is subjected to government regulations, which are increasing the operational costs for LTL carriers. Most truckers in the less-than-truckload market in the US are impacted by the ELD mandate. This law makes it compulsory for interstate motor carriers to equip their trucks with electronic logging devices, also known as ELDs. This device records the total driving hours of the vehicle. The ELD mandate was introduced to standardize the hours of service (HOS). The mandate to track HOS using an electronic device instead of a paper logbook is leading to a change in the attitude of truck drivers toward HOS. According to truckers, digital monitoring of drivers is an invasion of their privacy. With paper logs, drivers could drive more hours than legally allowed and move more loads in the same timeframe.

As a result, drivers have started protesting against this law. This mandate is thus reducing the capacity hours in the market in the US. While ELDs enhance safety and compliance, their integration can increase operational costs for smaller carriers. Compliance with ELD regulations may require additional investments in technology and training, potentially affecting smaller LTL operators. The transition to ELDs may result in initial disruptions and cost burdens, negatively impacting the growth trajectory of the global less-than-truckload market, particularly for smaller players during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Less-than-truckload Market Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Allcargo Logistics Ltd. - The company offers less-than-truckload services such as less-than-container load consolidation.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • ArcBest Corp.
  • Averitt Express Inc.
  • Challenger Motor Freight Inc.
  • CMA CGM SA Group
  • Debon Logistics Co. Ltd.
  • Deutsche Post AG
  • Estes Express Lines
  • FedEx Corp.
  • J B Hunt Transport Services Inc.
  • JRC Dedicated Services Co.
  • Knight Swift Transportation Holdings Inc.
  • Kuehne Nagel Management AG
  • Nippon Express Holdings Inc.
  • Old Dominion Freight Line Inc.
  • R L Carriers Inc.
  • SouthEastern Freight Lines
  • United Parcel Service Inc.
  • XPO Inc.
  • Yellow Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Market?

The long-haul carriers segment is estimated to witness significant growth during the forecast period. Long-haul LTL carriers are usually referred to as national LTL carriers. These LTL carriers transport shipments within 3 to 5 days. The average length of a single haul in this segment is close to 1,200 miles. Long-haul LTL carriers face intense competition from other modes of transportation, such as railways, airways, and seaways.

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The long-haul carriers segment was the largest and was valued at USD 84.98 billion in 2018. Often, manufacturers and e-retailers outsource their freight and transportation needs, as maintaining in-house transportation requires high investment and expertise, which significantly adds to the company's costs. Due to the presence of several contractual logistics providers offering this service, businesses are able to provide efficient and timely transportation of goods. The market provides other services, too, such as project logistics, network planning, cargo insurance, value-chain optimization, and customs brokerage. With the increase in industrial activities across the globe, the long-haul LTL carriers segment of the less-than-truckload market is expected to witness robust growth during the forecast period.

Which are the Key Regions for the Market?

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APAC is estimated to contribute 61% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. APAC is expected to lead the less-than-truckload market during the forecast period. Regional market growth is attributed to the high population in the region, which has led to an increase in the overall demand for goods through both online and offline channels. For instance, according to The World Bank Group, the total population in China increased from 1.39 billion in 2018 to 1.40 billion in 2020. Similarly, the total population in India increased from 1.35 billion in 2018 to 1.38 billion in 2020. The market in APAC has been growing because of the growing e-commerce industry in countries such as China, India, and Japan. 

Further, India is also among the fastest-growing countries for e-commerce in APAC due to its huge consumer base, the growing number of Internet and smartphone users, and the rising trend of shopping online. In addition, Japan and Australia have developed markets with a large number of people purchasing products online. The logistics industry is also growing in countries such as Vietnam, the Philippines, and Thailand. The growth in logistics is likely to increase the demand for it services in these countries, which will boost the regional market growth during the forecast period.

Segment Overview

The less-than-truckload market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Type Outlook 
    • Long-haul carriers
    • Superregional carriers
    • Regional carriers
  • Capacity Outlook
    • Light LTL volume
    • Heavy LTL volume
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile
      • Brazil
      • Argentina 
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Less-than-truckload Market Scope

Report Coverage

Details

Page number

168

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.3%

Market Growth 2024-2028

USD 120.31 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

7.0

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 61%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Allcargo Logistics Ltd., ArcBest Corp., Averitt Express Inc., Challenger Motor Freight Inc., CMA CGM SA Group, Debon Logistics Co. Ltd., Deutsche Post AG, Estes Express Lines, FedEx Corp., J B Hunt Transport Services Inc., JRC Dedicated Services Co., Knight Swift Transportation Holdings Inc., Kuehne Nagel Management AG, Nippon Express Holdings Inc., Old Dominion Freight Line Inc., R L Carriers Inc., SouthEastern Freight Lines, United Parcel Service Inc., XPO Inc., and Yellow Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Capacity
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global less-than-truckload (LTL) market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global less-than-truckload (ltl) market 2018 - 2022 ($ billion)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.3 Capacity Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Capacity Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Long-haul carriers - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Long-haul carriers - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Long-haul carriers - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Long-haul carriers - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Long-haul carriers - Year-over-year growth 2023-2028 (%)
    • 6.4 Superregional carriers - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Superregional carriers - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Superregional carriers - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Superregional carriers - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Superregional carriers - Year-over-year growth 2023-2028 (%)
    • 6.5 Regional carriers - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Regional carriers - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Regional carriers - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Regional carriers - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Regional carriers - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Type
      • Exhibit 46: Market opportunity by Type ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Type ($ billion)

    7 Market Segmentation by Capacity

    • 7.1 Market segments
      • Exhibit 48: Chart on Capacity - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Capacity - Market share 2023-2028 (%)
    • 7.2 Comparison by Capacity
      • Exhibit 50: Chart on Comparison by Capacity
      • Exhibit 51: Data Table on Comparison by Capacity
    • 7.3 Light LTL volume - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Light LTL volume - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Light LTL volume - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Light LTL volume - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Light LTL volume - Year-over-year growth 2023-2028 (%)
    • 7.4 Heavy LTL volume - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Heavy LTL volume - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Heavy LTL volume - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Heavy LTL volume - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Heavy LTL volume - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Capacity
      • Exhibit 60: Market opportunity by Capacity ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Capacity ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 France - Market size and forecast 2023-2028
      • Exhibit 103: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Allcargo Logistics Ltd.
              • Exhibit 115: Allcargo Logistics Ltd. - Overview
              • Exhibit 116: Allcargo Logistics Ltd. - Business segments
              • Exhibit 117: Allcargo Logistics Ltd. - Key offerings
              • Exhibit 118: Allcargo Logistics Ltd. - Segment focus
            • 12.4 Averitt Express Inc.
              • Exhibit 119: Averitt Express Inc. - Overview
              • Exhibit 120: Averitt Express Inc. - Product / Service
              • Exhibit 121: Averitt Express Inc. - Key offerings
            • 12.5 CMA CGM SA Group
              • Exhibit 122: CMA CGM SA Group - Overview
              • Exhibit 123: CMA CGM SA Group - Business segments
              • Exhibit 124: CMA CGM SA Group - Key news
              • Exhibit 125: CMA CGM SA Group - Key offerings
              • Exhibit 126: CMA CGM SA Group - Segment focus
            • 12.6 Debon Logistics Co. Ltd.
              • Exhibit 127: Debon Logistics Co. Ltd. - Overview
              • Exhibit 128: Debon Logistics Co. Ltd. - Product / Service
              • Exhibit 129: Debon Logistics Co. Ltd. - Key offerings
            • 12.7 Deutsche Post AG
              • Exhibit 130: Deutsche Post AG - Overview
              • Exhibit 131: Deutsche Post AG - Business segments
              • Exhibit 132: Deutsche Post AG - Key news
              • Exhibit 133: Deutsche Post AG - Key offerings
              • Exhibit 134: Deutsche Post AG - Segment focus
            • 12.8 Estes Express Lines
              • Exhibit 135: Estes Express Lines - Overview
              • Exhibit 136: Estes Express Lines - Product / Service
              • Exhibit 137: Estes Express Lines - Key offerings
            • 12.9 FedEx Corp.
              • Exhibit 138: FedEx Corp. - Overview
              • Exhibit 139: FedEx Corp. - Business segments
              • Exhibit 140: FedEx Corp. - Key offerings
              • Exhibit 141: FedEx Corp. - Segment focus
            • 12.10 Kuehne Nagel Management AG
              • Exhibit 142: Kuehne Nagel Management AG - Overview
              • Exhibit 143: Kuehne Nagel Management AG - Business segments
              • Exhibit 144: Kuehne Nagel Management AG - Key offerings
              • Exhibit 145: Kuehne Nagel Management AG - Segment focus
            • 12.11 Nippon Express Holdings Inc.
              • Exhibit 146: Nippon Express Holdings Inc. - Overview
              • Exhibit 147: Nippon Express Holdings Inc. - Business segments
              • Exhibit 148: Nippon Express Holdings Inc. - Key offerings
              • Exhibit 149: Nippon Express Holdings Inc. - Segment focus
            • 12.12 Old Dominion Freight Line Inc.
              • Exhibit 150: Old Dominion Freight Line Inc. - Overview
              • Exhibit 151: Old Dominion Freight Line Inc. - Product / Service
              • Exhibit 152: Old Dominion Freight Line Inc. - Key offerings
            • 12.13 R L Carriers Inc.
              • Exhibit 153: R L Carriers Inc. - Overview
              • Exhibit 154: R L Carriers Inc. - Product / Service
              • Exhibit 155: R L Carriers Inc. - Key offerings
            • 12.14 Southeastern Freight Lines
              • Exhibit 156: Southeastern Freight Lines - Overview
              • Exhibit 157: Southeastern Freight Lines - Product / Service
              • Exhibit 158: Southeastern Freight Lines - Key offerings
            • 12.15 United Parcel Service Inc.
              • Exhibit 159: United Parcel Service Inc. - Overview
              • Exhibit 160: United Parcel Service Inc. - Business segments
              • Exhibit 161: United Parcel Service Inc. - Key offerings
              • Exhibit 162: United Parcel Service Inc. - Segment focus
            • 12.16 XPO Inc.
              • Exhibit 163: XPO Inc. - Overview
              • Exhibit 164: XPO Inc. - Business segments
              • Exhibit 165: XPO Inc. - Key offerings
              • Exhibit 166: XPO Inc. - Segment focus
            • 12.17 Yellow Corp.
              • Exhibit 167: Yellow Corp. - Overview
              • Exhibit 168: Yellow Corp. - Product / Service
              • Exhibit 169: Yellow Corp. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 170: Inclusions checklist
                • Exhibit 171: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 172: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 173: Research methodology
                • Exhibit 174: Validation techniques employed for market sizing
                • Exhibit 175: Information sources
              • 13.5 List of abbreviations
                • Exhibit 176: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              less-than-truckload (ltl) market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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