Global Less-than-truckload (ltl) Market Size & Outlook
Global less-than-truckload (ltl) market, 2018-2030 (US$M)
Global less-than-truckload (ltl) market highlights
- The global less-than-truckload (ltl) market generated a revenue of USD 229,595.5 million in 2024 and is expected to reach USD 342,093.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 6.9% by 2030.
- In terms of segment, long-haul carriers accounted for a revenue of USD 229,595.5 million in 2024.
- Long-haul Carriers is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
Global data book summary
| Market revenue in 2024 | USD 229,595.5 million |
| Market revenue in 2030 | USD 342,093.1 million |
| Growth rate | 6.9% (CAGR from 2025 to 2030) |
| Largest segment | Long-haul carriers |
| Fastest growing segment | Long-haul Carriers |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Long-haul Carriers |
Other key industry trends
- In terms of revenue, the North America accounted for 36.9% of the global less-than-truckload (ltl) market in 2024.
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Less-than-truckload (LTL) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TFI International | View profile | 10001+ | Saint Laurent, Quebec, Canada, North America | http://www.transforcecompany.com/ |
| R Carrier, Inc. | View profile | 5001-10000 | Wilmington, Ohio, United States, North America | http://www.rlcarriers.com |
| FedEx Freight | View profile | - | Memphis, Tennessee, United States, North America | https://www.fedex.com/en-us/shipping/freight.html |
| Estes Express Lines | View profile | 10001+ | Richmond, Virginia, United States, North America | http://www.estes-express.com/ |
| Central Transport | View profile | 1001-5000 | Warren, Michigan, United States, North America | http://www.centraltransport.com/ |
| Old Dominion Freight Line | View profile | 10001+ | Thomasville, North Carolina, United States, North America | http://www.odfl.com |
| ABF Ingredients | View profile | 501-1000 | Peterborough, Peterborough, United Kingdom, Europe | https://www.abfingredients.com/ |
| XPO Inc | View profile | 39000 | Five American Lane, Greenwich, CT, United States, 06831 | https://www.xpo.com |
Global less-than-truckload (ltl) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to less-than-truckload (ltl) market will help companies and investors design strategic landscapes.
Long-haul carriers was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Global less-than-truckload (ltl) market based on long-haul carriers covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Less-than-truckload (LTL) Type Outlook (Revenue, USD Million, 2018-2030)
- Long-haul Carriers
- Superregional Carriers
- Regional Carriers
- Global Less-than-truckload (LTL) Capacity Outlook (Revenue, USD Million, 2018-2030)
- Light LTL Volume
- Heavy LTL Volume
- Global Less-than-truckload (LTL) Destination Outlook (Revenue, USD Million, 2018-2030)
- International
- Domestic
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Our clientele includes a mix of less-than-truckload (ltl) market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global less-than-truckload (ltl) market , including forecasts for subscribers. This global databook contains high-level insights into Global less-than-truckload (ltl) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global less-than-truckload (ltl) market size, by regions, 2018-2030 (US$M)
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