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Road Freight Services
Market, Supplier, Risk and
Competitive Intelligence

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Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Abi will answer all Road Freight Services related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on Road Freight Services to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Report Coverage

  • Market Trends
  • Technology & Innovation Trends
  • Global Supplier List and Capabilities
  • Mergers and Acquisitions

Market Size

Market Size North America

$750 Bn

Market Size Europe

$380 Bn

Market Size Asia Pacific

$600 Bn

Market Size Latin America

$270 Bn

Table of contents

  1. Road Freight Services Executive Summary
  2. Executive summary
  3. Global Road Freight Industry Outlook
  4. Road Freight Industry Supply Market Outlook
  5. BREXIT Impact on Sourcing Trucking Services
  1. Road Freight Services Market Analysis
  2. Global Market Maturity
  3. Global Industry Trends
  4. Global Drivers and Constraints
  5. Regional Market Analysis
  6. Porter’s Five Forces
  1. Road Freight Services Supplier Analysis
  2. Supplier Trends and Insights
  3. Key Global Suppliers Service Portfolio
  4. Key Global Supplier Profiling
  5. SWOT Analysis
  6. Key Regional Supplier Profiling
  1. Road Freight Services Cost and Pricing Analysis
  2. Pricing Models
  3. Pricing Models
  4. Comparative Analysis
  5. Cost Structure
  6. North America, Europe and Asia Pacific
  7. Pricing Trends and Analysis
  1. Road Freight Services Payment Terms and Regulations
  2. Payment Terms and Trucking Regulations in
  3. U.S.
  4. U.K.
  5. Germany
  6. France
  7. Switzerland
  8. India
  1. Road Freight Services Procurement Best Practices
  2. Sourcing Models
  3. Sourcing Models
  4. Pros and Cons
  5. Industry Sourcing Model Adoption
  6. KPIs and SLAs
  1. Road Freight Services End User Industry Update
  2. Pharmaceutical

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Global Road Freight Industry Outlook

  • The global road freight market valued at $3.2 trillion in 2018, and it is forecast to grow at a CAGR of 4–5 percent in FY 2019-2020, as the demand from end-user industries surges Y-o-Y
  • Regions such as Western Europe, North America, and Australia have a high buyer and supplier maturity due to advanced technology adoption
  • Due to the increase in e-commerce and global trade, APAC and parts of Africa are expected to be the future growth-driving markets for road freight services
  • The major end-users of road freight services include industries in the following sectors: FMCG, automotive and machinery, agro products, metallic and non-
    metallic minerals, oil and petrochemicals and general freight. 
  • Top global providers of freight services are UPS Freight, FedEx Freight, Schneider National, C. H. Robinson, DHL, Dachser Gmb, H & Co. KG.
  • KPIs in the road freight transportation market includes on-time delivery, damage- free deliveries, on-time pick-up and reporting, loss-free deliveries.

road-freight-services-market-size

Global Road Freight Industry Trends

  • Buyers are increasingly looking for end-to-end supply chain solutions from service providers
  • Suppliers are enhancing themselves to meet the demands of the buyers by them giving value-added services in addition to transportation services

Global Road Freight Drivers and Constraints

Drivers

Retail Sales:

  •  Retail sales will increase by 5–6 percent, which will in turn drive the demand for trucking
  • Retail e-commerce is growing at 14–15 percent per annum, which will create new demand for logistics, particularly in metropolitan areas

Transport Infrastructure:

  • An efficient transport sector with advanced infrastructure is an important element of any economy, helping to stimulate development, thus cutting the lead time and costs of trucking

Global Trade Activity:

  • During the last decade, increased production of high-value and light-weight goods and expanded trade among the member countries results in increased road freight transportation

GDP: 

  • Because growth in GDP implies increased economic activity, there is a positive correlation between the development of freight transport and GDP, where any increase in GDP is directly related to the increase in road freight services in that region

Constraints

Fuel Rate

  • Fuel prices account for nearly 30–35 percent of trucking freight rates, thus having a major impact on pricing. Fuel prices, which have been low, are forecasted to increase in the second half of the year

Shortage of Drivers:

  • Driver wages account for nearly 30–35 percent of carriers' operating costs. Driver wages are expected to increase due to the prevalent shortages in the industry, coupled with a strong demand for qualified drivers and the same trend is expected to continue in countries such as the US,UK and Western Europe.

Road Freight Market Overview

Road freight business intelligence says that large buyers have strong buyer power due to volumes. Suppliers’ bargaining power mainly lies in their customization and value- added services in developed markets. In developing markets large and medium buyers have strong buyer power due to a highly fragmented industry
Suppliers catering to foreign companies by providing sophisticated and customized service have better profit margins compared to other providers of road freight services.
The latest business trends include hyper-customization of road transport services, on-demand delivery and smart energy logistics that cater to buyers with high market
maturity.
The major cost components of the road freight transportation market include labor and fuel costs, which comprise 55–60 percent of the total cost. The different sourcing models in the road freight transportation market include International service providers, regional service providers, engaging with third-party logistics, hybrid sourcing model and in-house sourcing model.

Why You Should Buy This Report

  • This road freight business intelligence report gives details about the best procurement practices, pricing models and SLAs and KPIs of the road freight market.
  • The report details the trucking industry regulations, cost structure and payment terms in countries like USA, Switzerland, UK, Germany and India.
  • It provides an overview and SWOT analysis of key companies providing road transport services like UPS Freight, FedEx Freight, Schneider National, etc.
  • It gives the industry constraints and drivers, regional market outlook and Porter’s five force analysis of APAC and North America regions.

Road Freight Services Frequently Asked Questions

  1. At what CAGR is the global road freight market expected to grow by 2020?
  2. From the market analysis reports from Beroe, the global road freight market is forecasted to grow at a CAGR of 4-5 percent in FY 2019-2020 owing to the surge in demand from end-user industries.
  1. What was the estimated market value of the global road freight market in 2018?
  2. In 2018, the global road freight market was valued at $3.2 trillion.
  1. Which market regions have a high buyer and supplier maturity?
  2. Western Europe, North America, and Australia have higher buyer and supplier maturity owing to the advanced technology in these regions.
  1. Which road freight services market regions have medium maturity?
  2. The regions with medium market maturity are India, China, New Zealand, Eastern Europe, Brazil, and South Africa.
  1. Which regions are expected to driving the growth of road freight services in the future?
  2. APAC and parts of Africa are expected to be the growth-driving markets for road freight services in the future owing to the increase in e-commerce and global trade.
  1. Which sectors form the major end-users of road freight services?
  2. The major end-users of road freight services include industries in sectors like FMCG, automotive and machinery, agro products, metallic and non-metallic minerals, oil and petrochemicals, and general freight.
  1. Who are the top global providers in the global road freight services market?
  2. The global providers of road freight services are UPS Freight, FedEx Freight, Schneider National, C.H. Robinson, DHL, Dachser GmbH & Co. KG.
  1. What are the KPIs in the road freight transportation market?
  2. On-time delivery, damage-free deliveries, on-time pick-up and reporting, loss-free deliveries are the KPIs in the road freight transportation market.
  1. What are the key trends in the global road freight industry?
  2. The key trends in the global road freight industry are- · Buyers are looking forward to service providers for end-to-end supply chain solutions. · Suppliers are focusing on catering to the demands of the buyers by giving them value-added services in addition to transportation services.
  1. What are the factors driving the global road freight services market?
  2. The key driving factors of the global road freight services market are – · Increase in retail sales driving the demand for trucking · Advanced transport infrastructure facilitating development by cutting the lead time and trucking costs · Expanded global trade activity leading to the increase in road freight transportation
  1. What will be the impact of the growth of retail e-commerce on the global road freight services market?
  2. The retail e-commerce growth at 14-15 percent per annum will be creating new demand for logistics, especially in metropolitan areas.
  1. What are the constraints of the global road freight services market?
  2. The following factors act as market constraints for the global road freight services- · As fuel prices account for 30-35 percent of trucking freight rates, it can have a major impact on the overall pricing. · There is a shortage of qualified drivers in the industry, leading to strong demand and a rise in driver wages.

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