Key Insights
The United States Less-than-Truckload (LTL) market, a crucial component of the nation's logistics infrastructure, is experiencing steady growth, driven by the expanding e-commerce sector and increasing demand for efficient freight transportation solutions across diverse industries. The market's size in 2025 is estimated at $80 billion, reflecting a robust performance despite economic fluctuations. A Compound Annual Growth Rate (CAGR) of 5.98% from 2019 to 2024 suggests continued expansion through 2033, projected to reach approximately $130 billion by then. Key drivers include the ongoing growth of e-commerce, necessitating faster and more flexible delivery options for smaller shipments, and the increasing reliance on just-in-time inventory management across various sectors, particularly manufacturing and retail. Furthermore, technological advancements in logistics and transportation management systems are streamlining operations and improving efficiency, contributing to market expansion. While challenges such as fuel price volatility and driver shortages exist, the overall market outlook remains positive, indicating strong potential for growth and investment in the coming years.
The segmentation of the US LTL market reveals significant opportunities across various end-user industries. The construction, manufacturing, and retail sectors are major contributors to market volume, reflecting the significant transportation needs of these industries. The growing international trade further boosts the international segment, While the domestic market remains dominant, the increasing globalization of supply chains creates sustained demand for international LTL services. Key players like FedEx, UPS, and numerous regional carriers are actively competing to capture market share through technological innovations, enhanced service offerings, and strategic acquisitions. The competitive landscape is dynamic, characterized by both consolidation among large players and the presence of smaller, specialized carriers catering to niche segments. The future of the US LTL market hinges on effective adaptations to challenges and opportunities, with technological solutions and strategic partnerships playing critical roles in sustaining growth and efficiency.
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United States Less than Truckload (LTL) Market: A Comprehensive Report (2019-2033)
This in-depth report provides a comprehensive analysis of the United States Less than Truckload (LTL) market, encompassing market dynamics, growth trends, regional segmentation, key players, and future outlook. The study period covers 2019-2033, with 2025 as the base year and a forecast period of 2025-2033. The report leverages extensive data analysis to deliver actionable insights for industry professionals, investors, and stakeholders. Market values are presented in millions of units.
United States Less than Truckload (LTL) Market Dynamics & Structure
The US LTL market is characterized by a moderately consolidated structure, with a few major players holding significant market share. Market concentration is influenced by factors such as economies of scale, operational efficiency, and technological capabilities. Technological innovation, particularly in areas like AI-powered route optimization and automated freight handling, acts as a key driver, while stringent regulatory frameworks concerning safety and environmental compliance shape operational practices. The market also faces competition from alternative transportation modes like full truckload (FTL) and intermodal shipping, depending on shipment volume and distance.
- Market Concentration: The top 5 players hold an estimated xx% market share in 2025.
- Technological Innovation: AI-powered route optimization and predictive analytics are transforming efficiency.
- Regulatory Landscape: Compliance with federal and state regulations drives operational costs.
- Competitive Substitutes: FTL and intermodal shipping present competitive pressure.
- M&A Activity: An average of xx M&A deals were recorded annually during 2019-2024. Consolidation is expected to continue.
- End-User Demographics: The manufacturing, retail, and wholesale sectors represent the largest end-user segments.
United States Less than Truckload (LTL) Market Growth Trends & Insights
The US LTL market experienced robust growth during the historical period (2019-2024), driven by factors such as e-commerce expansion, increased manufacturing activity, and fluctuating fuel prices. The market size reached an estimated xx million units in 2024. This growth is expected to continue, albeit at a slightly moderated pace, throughout the forecast period (2025-2033). The adoption of advanced technologies is accelerating efficiency and streamlining operations, while evolving consumer behavior, particularly the rise of e-commerce, fuels demand for reliable and efficient LTL services. Market penetration continues to increase in underserved regions and among SMEs. Technological disruptions, such as the implementation of autonomous trucking technologies (still in early stages), will influence long-term growth dynamics. The Compound Annual Growth Rate (CAGR) is projected to be xx% from 2025 to 2033.
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Dominant Regions, Countries, or Segments in United States Less than Truckload (LTL) Market
The Southeast and Midwest regions dominate the US LTL market, driven by strong manufacturing activity and dense population centers. Within end-user industries, manufacturing and wholesale/retail trade are the largest segments. Domestic LTL shipping accounts for the vast majority of market volume, with international shipments representing a smaller, though growing, portion.
- Dominant Regions: Southeast and Midwest regions exhibit highest market share due to industrial concentration and high population density.
- Leading End-User Industries: Manufacturing, wholesale and retail trade demonstrate significant growth due to increased production and e-commerce expansion.
- Key Drivers: Strong economic activity, robust infrastructure in key regions, and government investment in transportation networks are key growth drivers. The rise of e-commerce has been a major catalyst for growth in the LTL market.
- Growth Potential: Untapped potential exists in expanding LTL services to underserved rural areas and emerging markets.
United States Less than Truckload (LTL) Market Product Landscape
The LTL market offers a range of services tailored to specific customer needs, including standard LTL, expedited LTL, and specialized LTL solutions for oversized or sensitive freight. Technological advancements have led to improved tracking and visibility, optimized routing, and enhanced delivery scheduling. Key selling propositions emphasize reliability, time-definite delivery, and comprehensive supply chain management capabilities. The industry is continuously innovating to improve efficiency, reduce costs, and enhance customer satisfaction.
Key Drivers, Barriers & Challenges in United States Less than-Truck-Load (LTL) Market
Key Drivers: E-commerce growth, increased industrial production, and the need for efficient last-mile delivery solutions are primary drivers. Technological advancements like improved tracking and AI-powered route optimization further boost market growth. Government investments in infrastructure also positively impact market development.
Challenges and Restraints: Fuel price volatility, driver shortages, capacity constraints, and increasing regulatory compliance costs present significant challenges. Intense competition among existing carriers and rising operational expenses also impede market expansion. The impact of these factors on profitability is estimated at xx% annually.
Emerging Opportunities in United States Less than-Truck-Load (LTL) Market
Emerging opportunities lie in the expansion of LTL services to underserved rural areas, the development of specialized solutions for specific industries (e.g., pharmaceuticals, perishable goods), and the integration of advanced technologies like blockchain for enhanced supply chain transparency and security. The growing adoption of sustainable practices in logistics offers additional avenues for growth.
Growth Accelerators in the United States Less than-Truck-Load (LTL) Market Industry
Technological breakthroughs in areas such as autonomous vehicles, AI-powered route optimization, and predictive analytics are expected to fuel market expansion. Strategic partnerships between LTL carriers and technology providers will drive efficiency gains and improve service offerings. Expansion into new markets and diversification of services also present significant growth opportunities.
Key Players Shaping the United States Less than-Truck-Load (LTL) Market Market
- Averitt Express
- XPO Inc
- Ward Transport and Logistics Corp
- Roadrunner Freight
- A Duie Pyle Inc
- Old Dominion Freight Line
- Landstar System Inc
- DHL Group
- Day & Ross
- Dayton Freight Lines Inc
- Yellow Corporation
- Daylight Transport LLC
- Southeastern Freight Lines
- FedEx
- Fastfrate Group
- Knight-Swift Transportation Holdings Inc
- United Parcel Service of America Inc (UPS)
- Werner Enterprises
- Estes Express Lines
- C H Robinson
- ArcBest®
- Pitt Ohio Transportation Group
- Saia Inc
- Schneider National Inc
- TFI International Inc
- Ryder System Inc
- R+L Carriers Inc
- Oak Harbor Freight Lines Inc
Notable Milestones in United States Less than Truckload (LTL) Market Sector
- February 2024: C.H. Robinson launches AI-powered appointment scheduling technology, significantly improving efficiency in freight shipping.
- November 2023: Dayton Freight Lines opens a significantly expanded Detroit Service Center, boosting capacity by 132 dock doors.
- October 2023: Daylight Transport opens a new service center in Atlanta.
In-Depth United States Less than-Truck-Load (LTL) Market Market Outlook
The US LTL market is poised for continued growth, driven by technological advancements, increasing e-commerce activity, and ongoing investments in infrastructure. Strategic partnerships and expansion into underserved markets will present significant opportunities for market players. The long-term outlook is positive, with a sustained, albeit moderated, growth trajectory expected throughout the forecast period. Continued innovation and adaptation to evolving market dynamics will be crucial for success in this competitive landscape.
United States Less than-Truck-Load (LTL) Market Segmentation
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1. End User Industry
- 1.1. Agriculture, Fishing, and Forestry
- 1.2. Construction
- 1.3. Manufacturing
- 1.4. Oil and Gas, Mining and Quarrying
- 1.5. Wholesale and Retail Trade
- 1.6. Others
-
2. Destination
- 2.1. Domestic
- 2.2. International
United States Less than-Truck-Load (LTL) Market Segmentation By Geography
- 1. United States
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United States Less than-Truck-Load (LTL) Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 5.98% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing trade relations; Increased demand for perishable goods
- 3.3. Market Restrains
- 3.3.1. Cargo theft; High cost of maintainig
- 3.4. Market Trends
- 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. United States Less than-Truck-Load (LTL) Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by End User Industry
- 5.1.1. Agriculture, Fishing, and Forestry
- 5.1.2. Construction
- 5.1.3. Manufacturing
- 5.1.4. Oil and Gas, Mining and Quarrying
- 5.1.5. Wholesale and Retail Trade
- 5.1.6. Others
- 5.2. Market Analysis, Insights and Forecast - by Destination
- 5.2.1. Domestic
- 5.2.2. International
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. United States
- 5.1. Market Analysis, Insights and Forecast - by End User Industry
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2024
- 6.2. Company Profiles
- 6.2.1 Averitt Express
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 XPO Inc
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 Ward Transport and Logistics Corp
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Roadrunner Freight
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 A Duie Pyle Inc
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Old Dominion Freight Line
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Landstar System Inc
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 DHL Group
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Day & Ross
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 Dayton Freight Lines Inc
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.11 Yellow Corporatio
- 6.2.11.1. Overview
- 6.2.11.2. Products
- 6.2.11.3. SWOT Analysis
- 6.2.11.4. Recent Developments
- 6.2.11.5. Financials (Based on Availability)
- 6.2.12 Daylight Transport LLC
- 6.2.12.1. Overview
- 6.2.12.2. Products
- 6.2.12.3. SWOT Analysis
- 6.2.12.4. Recent Developments
- 6.2.12.5. Financials (Based on Availability)
- 6.2.13 Southeastern Freight Lines
- 6.2.13.1. Overview
- 6.2.13.2. Products
- 6.2.13.3. SWOT Analysis
- 6.2.13.4. Recent Developments
- 6.2.13.5. Financials (Based on Availability)
- 6.2.14 FedEx
- 6.2.14.1. Overview
- 6.2.14.2. Products
- 6.2.14.3. SWOT Analysis
- 6.2.14.4. Recent Developments
- 6.2.14.5. Financials (Based on Availability)
- 6.2.15 Fastfrate Group
- 6.2.15.1. Overview
- 6.2.15.2. Products
- 6.2.15.3. SWOT Analysis
- 6.2.15.4. Recent Developments
- 6.2.15.5. Financials (Based on Availability)
- 6.2.16 Knight-Swift Transportation Holdings Inc
- 6.2.16.1. Overview
- 6.2.16.2. Products
- 6.2.16.3. SWOT Analysis
- 6.2.16.4. Recent Developments
- 6.2.16.5. Financials (Based on Availability)
- 6.2.17 United Parcel Service of America Inc (UPS)
- 6.2.17.1. Overview
- 6.2.17.2. Products
- 6.2.17.3. SWOT Analysis
- 6.2.17.4. Recent Developments
- 6.2.17.5. Financials (Based on Availability)
- 6.2.18 Werner Enterprises
- 6.2.18.1. Overview
- 6.2.18.2. Products
- 6.2.18.3. SWOT Analysis
- 6.2.18.4. Recent Developments
- 6.2.18.5. Financials (Based on Availability)
- 6.2.19 Estes Express Lines
- 6.2.19.1. Overview
- 6.2.19.2. Products
- 6.2.19.3. SWOT Analysis
- 6.2.19.4. Recent Developments
- 6.2.19.5. Financials (Based on Availability)
- 6.2.20 C H Robinson
- 6.2.20.1. Overview
- 6.2.20.2. Products
- 6.2.20.3. SWOT Analysis
- 6.2.20.4. Recent Developments
- 6.2.20.5. Financials (Based on Availability)
- 6.2.21 ArcBest®
- 6.2.21.1. Overview
- 6.2.21.2. Products
- 6.2.21.3. SWOT Analysis
- 6.2.21.4. Recent Developments
- 6.2.21.5. Financials (Based on Availability)
- 6.2.22 Pitt Ohio Transportation Group
- 6.2.22.1. Overview
- 6.2.22.2. Products
- 6.2.22.3. SWOT Analysis
- 6.2.22.4. Recent Developments
- 6.2.22.5. Financials (Based on Availability)
- 6.2.23 Saia Inc
- 6.2.23.1. Overview
- 6.2.23.2. Products
- 6.2.23.3. SWOT Analysis
- 6.2.23.4. Recent Developments
- 6.2.23.5. Financials (Based on Availability)
- 6.2.24 Schneider National Inc
- 6.2.24.1. Overview
- 6.2.24.2. Products
- 6.2.24.3. SWOT Analysis
- 6.2.24.4. Recent Developments
- 6.2.24.5. Financials (Based on Availability)
- 6.2.25 TFI International Inc
- 6.2.25.1. Overview
- 6.2.25.2. Products
- 6.2.25.3. SWOT Analysis
- 6.2.25.4. Recent Developments
- 6.2.25.5. Financials (Based on Availability)
- 6.2.26 Ryder System Inc
- 6.2.26.1. Overview
- 6.2.26.2. Products
- 6.2.26.3. SWOT Analysis
- 6.2.26.4. Recent Developments
- 6.2.26.5. Financials (Based on Availability)
- 6.2.27 R+L Carriers Inc
- 6.2.27.1. Overview
- 6.2.27.2. Products
- 6.2.27.3. SWOT Analysis
- 6.2.27.4. Recent Developments
- 6.2.27.5. Financials (Based on Availability)
- 6.2.28 Oak Harbor Freight Lines Inc
- 6.2.28.1. Overview
- 6.2.28.2. Products
- 6.2.28.3. SWOT Analysis
- 6.2.28.4. Recent Developments
- 6.2.28.5. Financials (Based on Availability)
- 6.2.1 Averitt Express
List of Figures
- Figure 1: United States Less than-Truck-Load (LTL) Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: United States Less than-Truck-Load (LTL) Market Share (%) by Company 2024
List of Tables
- Table 1: United States Less than-Truck-Load (LTL) Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: United States Less than-Truck-Load (LTL) Market Revenue Million Forecast, by End User Industry 2019 & 2032
- Table 3: United States Less than-Truck-Load (LTL) Market Revenue Million Forecast, by Destination 2019 & 2032
- Table 4: United States Less than-Truck-Load (LTL) Market Revenue Million Forecast, by Region 2019 & 2032
- Table 5: United States Less than-Truck-Load (LTL) Market Revenue Million Forecast, by End User Industry 2019 & 2032
- Table 6: United States Less than-Truck-Load (LTL) Market Revenue Million Forecast, by Destination 2019 & 2032
- Table 7: United States Less than-Truck-Load (LTL) Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the United States Less than-Truck-Load (LTL) Market?
The projected CAGR is approximately 5.98%.
2. Which companies are prominent players in the United States Less than-Truck-Load (LTL) Market?
Key companies in the market include Averitt Express, XPO Inc, Ward Transport and Logistics Corp, Roadrunner Freight, A Duie Pyle Inc, Old Dominion Freight Line, Landstar System Inc, DHL Group, Day & Ross, Dayton Freight Lines Inc, Yellow Corporatio, Daylight Transport LLC, Southeastern Freight Lines, FedEx, Fastfrate Group, Knight-Swift Transportation Holdings Inc, United Parcel Service of America Inc (UPS), Werner Enterprises, Estes Express Lines, C H Robinson, ArcBest®, Pitt Ohio Transportation Group, Saia Inc, Schneider National Inc, TFI International Inc, Ryder System Inc, R+L Carriers Inc, Oak Harbor Freight Lines Inc.
3. What are the main segments of the United States Less than-Truck-Load (LTL) Market?
The market segments include End User Industry, Destination.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Growing trade relations; Increased demand for perishable goods.
6. What are the notable trends driving market growth?
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
7. Are there any restraints impacting market growth?
Cargo theft; High cost of maintainig.
8. Can you provide examples of recent developments in the market?
February 2024: C.H. Robinson has developed a new technology that creates a major efficiency in freight shipping: removing the work of scheduling an appointment at the place where a load needs to be picked up and scheduling another appointment where the load needs to be delivered. The technology also uses artificial intelligence to determine the optimal appointment, based on transit-time data from C.H. Robinson’s millions of shipments across 300,000 shipping lanes.November 2023: Dayton Freight Lines moves their Detroit Service Center and doubles in size with a brand-new facility. Built on 29-acres, the new Service Center increased its capacity with 132 dock doorsOctober 2023: Daylight Transport has opened the service center in Atlanta.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "United States Less than-Truck-Load (LTL) Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the United States Less than-Truck-Load (LTL) Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the United States Less than-Truck-Load (LTL) Market?
To stay informed about further developments, trends, and reports in the United States Less than-Truck-Load (LTL) Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence