The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Less than Truckload-Global Market Insights and Sales Trends 2025
Synopsis
Less-than-truckload (LTL) is a shipping service for relatively small loads or freight. Less-than-truckload Services are offered by many large, national parcel Services as well as specialized logistics providers. These Services can accommodate the shipping needs of countless businesses that need to move goods frequently and in smaller batches. Less-than-truckload shippers offer economies of scale so that freight costs of individual shippers are minimized.
The global Less than Truckload market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Less than Truckload in various end use industries. The expanding demands from the Domestic Shipping and International Shipping, are propelling Less than Truckload market. Long-haul Carriers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Superregional Carriers segment is estimated at % CAGR for the next seven-year period.
Less-than-truckload Services have gained increased importance in today's economy. With the inexorable rise of e-commerce, quick shipments of products to customers are imperative for companies competing for sales. This means that their products must be inventoried in warehouses or distribution centers close to customers at all times. Often, a company will not wait until a wholesaler is running low on product inventory so that it can ship a full truckload of replenishment. Instead, it will more frequently ship less-than-truckload to mitigate the risk of potential loss of sales from lack of inventory for its distant customers. The shipping costs of its goods may be incrementally higher and the delivery time may be longer than for a dedicated full truckload, but the trade-off is more dependable inventory availability.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Less than Truckload, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Less than Truckload market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Less than Truckload market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Less than Truckload sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Less than Truckload covered in this report include Deutsche Post, FedEx, Kuehne + Nagel, United Parcel Service of America and XPO Logistics, etc.
The global Less than Truckload market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Deutsche Post
FedEx
Kuehne + Nagel
United Parcel Service of America
XPO Logistics
Global Less than Truckload market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Less than Truckload market, Segment by Type:
Long-haul Carriers
Superregional Carriers
Regional Carriers
Global Less than Truckload market, by Application
Domestic Shipping
International Shipping
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Less than Truckload companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Less-than-truckload (LTL) is a shipping service for relatively small loads or freight. Less-than-truckload Services are offered by many large, national parcel Services as well as specialized logistics providers. These Services can accommodate the shipping needs of countless businesses that need to move goods frequently and in smaller batches. Less-than-truckload shippers offer economies of scale so that freight costs of individual shippers are minimized.
The global Less than Truckload market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Less than Truckload in various end use industries. The expanding demands from the Domestic Shipping and International Shipping, are propelling Less than Truckload market. Long-haul Carriers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Superregional Carriers segment is estimated at % CAGR for the next seven-year period.
Less-than-truckload Services have gained increased importance in today's economy. With the inexorable rise of e-commerce, quick shipments of products to customers are imperative for companies competing for sales. This means that their products must be inventoried in warehouses or distribution centers close to customers at all times. Often, a company will not wait until a wholesaler is running low on product inventory so that it can ship a full truckload of replenishment. Instead, it will more frequently ship less-than-truckload to mitigate the risk of potential loss of sales from lack of inventory for its distant customers. The shipping costs of its goods may be incrementally higher and the delivery time may be longer than for a dedicated full truckload, but the trade-off is more dependable inventory availability.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Less than Truckload, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Less than Truckload market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Less than Truckload market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Less than Truckload sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Less than Truckload covered in this report include Deutsche Post, FedEx, Kuehne + Nagel, United Parcel Service of America and XPO Logistics, etc.
The global Less than Truckload market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Deutsche Post
FedEx
Kuehne + Nagel
United Parcel Service of America
XPO Logistics
Global Less than Truckload market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Less than Truckload market, Segment by Type:
Long-haul Carriers
Superregional Carriers
Regional Carriers
Global Less than Truckload market, by Application
Domestic Shipping
International Shipping
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Less than Truckload companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Less than Truckload
1.1 Less than Truckload Market Overview
1.1.1 Less than Truckload Product Scope
1.1.2 Less than Truckload Market Status and Outlook
1.2 Global Less than Truckload Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Less than Truckload Market Size by Region (2018-2029)
1.4 Global Less than Truckload Historic Market Size by Region (2018-2023)
1.5 Global Less than Truckload Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Less than Truckload Market Size (2018-2029)
1.6.1 North America Less than Truckload Market Size (2018-2029)
1.6.2 Europe Less than Truckload Market Size (2018-2029)
1.6.3 Asia-Pacific Less than Truckload Market Size (2018-2029)
1.6.4 Latin America Less than Truckload Market Size (2018-2029)
1.6.5 Middle East & Africa Less than Truckload Market Size (2018-2029)
2 Less than Truckload Market by Type
2.1 Introduction
2.1.1 Long-haul Carriers
2.1.2 Superregional Carriers
2.1.3 Regional Carriers
2.2 Global Less than Truckload Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Less than Truckload Historic Market Size by Type (2018-2023)
2.2.2 Global Less than Truckload Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Less than Truckload Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Less than Truckload Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Less than Truckload Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Less than Truckload Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Less than Truckload Revenue Breakdown by Type (2018-2029)
3 Less than Truckload Market Overview by Application
3.1 Introduction
3.1.1 Domestic Shipping
3.1.2 International Shipping
3.2 Global Less than Truckload Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Less than Truckload Historic Market Size by Application (2018-2023)
3.2.2 Global Less than Truckload Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Less than Truckload Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Less than Truckload Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Less than Truckload Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Less than Truckload Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Less than Truckload Revenue Breakdown by Application (2018-2029)
4 Less than Truckload Competition Analysis by Players
4.1 Global Less than Truckload Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Less than Truckload as of 2022)
4.3 Date of Key Players Enter into Less than Truckload Market
4.4 Global Top Players Less than Truckload Headquarters and Area Served
4.5 Key Players Less than Truckload Product Solution and Service
4.6 Competitive Status
4.6.1 Less than Truckload Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Deutsche Post
5.1.1 Deutsche Post Profile
5.1.2 Deutsche Post Main Business
5.1.3 Deutsche Post Less than Truckload Products, Services and Solutions
5.1.4 Deutsche Post Less than Truckload Revenue (US$ Million) & (2018-2023)
5.1.5 Deutsche Post Recent Developments
5.2 FedEx
5.2.1 FedEx Profile
5.2.2 FedEx Main Business
5.2.3 FedEx Less than Truckload Products, Services and Solutions
5.2.4 FedEx Less than Truckload Revenue (US$ Million) & (2018-2023)
5.2.5 FedEx Recent Developments
5.3 Kuehne + Nagel
5.3.1 Kuehne + Nagel Profile
5.3.2 Kuehne + Nagel Main Business
5.3.3 Kuehne + Nagel Less than Truckload Products, Services and Solutions
5.3.4 Kuehne + Nagel Less than Truckload Revenue (US$ Million) & (2018-2023)
5.3.5 United Parcel Service of America Recent Developments
5.4 United Parcel Service of America
5.4.1 United Parcel Service of America Profile
5.4.2 United Parcel Service of America Main Business
5.4.3 United Parcel Service of America Less than Truckload Products, Services and Solutions
5.4.4 United Parcel Service of America Less than Truckload Revenue (US$ Million) & (2018-2023)
5.4.5 United Parcel Service of America Recent Developments
5.5 XPO Logistics
5.5.1 XPO Logistics Profile
5.5.2 XPO Logistics Main Business
5.5.3 XPO Logistics Less than Truckload Products, Services and Solutions
5.5.4 XPO Logistics Less than Truckload Revenue (US$ Million) & (2018-2023)
5.5.5 XPO Logistics Recent Developments
6 North America
6.1 North America Less than Truckload Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Less than Truckload Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Less than Truckload Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Less than Truckload Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Less than Truckload Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Less than Truckload Market Dynamics
11.1 Less than Truckload Industry Trends
11.2 Less than Truckload Market Drivers
11.3 Less than Truckload Market Challenges
11.4 Less than Truckload Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest IT & Electronics Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
