Transportation Products & Services

Local Freight Trucking Services: Market Size, Growth & Forecast to 2030

The Local Freight Trucking Services market is valued at about $138 billion (2026) and is projected to grow at a 4.6% CAGR through 2030. The largest cost driver is Labor and Driver Wages (40% of spend). North America leads demand at 36%.

Market size
$138.0 bn (2026)
CAGR to 2030
+4.6%
Buyer power
Favours buyers
Tracked suppliers
15000

Projected market growth to 2030

Market size index, 2026 = 100, at the 4.6% CAGR.

1251171081001002026104.62027109.42028114.42029119.72030125.22031

Cost structure

Labor and Driver Wages
40%
Fuel and Fuel Surcharges
22%
Equipment Capital and Maintenance
18%
Insurance and Risk Management
12%
Overhead and Fleet Management Technology
8%

Regional demand split

North America demand
36%
Europe demand
26%
Asia Pacific demand
25%
Latin America demand
7%
Rest of world demand
6%

Key suppliers

Knight-Swift Transportation Holdings IncSchneider National IncOld Dominion Freight Line IncJ.B. Hunt Transport Services IncWerner Enterprises IncEstes Express Lines
Read the full Local Freight Trucking Services report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/local-freight-trucking-services