CHICAGO, May 21, 2024
/PRNewswire/ -- According to Arizton's latest focus insight report,
the US refrigerated trucking market is growing at a CAGR of 4.77%
during 2023-2029.
To Know More, Download the Free Sample Report:
https://www.focusreports.store/report/us-refrigerated-trucking-market
US Refrigerated Trucking Market Report Scope
Report
Attributes
|
Details
|
Market Size
(2029)
|
$13.65
Billion
|
Market Size
(2023)
|
$10.32
Billion
|
CAGR
(2023-2029)
|
4.77 %
|
Historic
Year
|
2020-2022
|
Base
Year
|
2023
|
Forecast
Year
|
2024-2029
|
The competitive landscape in the U.S. refrigerated trucking market
is intensifying as both global and domestic companies offer a
diverse array of services. Major players dominate the market,
including Americold Logistics, C.H. Robinson Worldwide, DB
Schenker, and J.B. Hunt. These leading companies focus on strategic
agreements, acquisitions, and collaborations with emerging players
to penetrate the U.S. refrigerated trucking market and gain access
to commercially launched products.
The Revenue from Food & Beverages End Users Market to
Reach $9.33 Billion by 2029
The demand for refrigerated trucking services from the food and
beverage industry remains strong, driven by the need to transport
perishable goods such as fresh produce, dairy products, meat,
poultry, seafood, and packaged foods. This segment represents a
significant portion of the U.S. refrigerated trucking market due to
the high volume of shipments and the critical importance of
maintaining product freshness and quality during transport.
A notable trend in the food and beverage segment is the rising
demand for organic and locally sourced products, which require
specialized handling and transportation to maintain quality and
integrity. Additionally, there is an increasing focus on
sustainability and eco-friendly packaging solutions, impacting the
industry's transportation practices and logistics strategies.
The expansion of the foodservice sector, including restaurants,
cafes, and catering businesses, is a major driver of demand for
refrigerated trucking services in the food and beverage industry.
These businesses depend on timely and reliable delivery of fresh
ingredients to meet customer demand and maintain menu quality.
Refrigerated trucking companies have opportunities to
collaborate with food manufacturers and distributors to enhance
supply chain efficiency and reduce food waste. By utilizing
advanced temperature monitoring technologies and adopting best
practices in cold chain management, carriers can improve food
safety and ensure compliance with regulatory standards.
Product Innovation
- In March 2024, Lineage Eye
developed by Lineage's in-house team of data scientists,
revolutionized cold chain logistics. This cutting-edge solution
automates product receiving and enhances overall efficiency
throughout the cold chain. By combining math, science, and
technology, Lineage aims to create groundbreaking solutions that
optimize operations and elevate the industry. Market players can
adopt computer vision technology to streamline pallet receiving,
improving accuracy and efficiency in their logistics
operations.
- In 2023, Marten Transport, a leading player in cold chain
logistics, introduced the SmartDrive Camera System and Platform
Science Technology. This tablet-based platform aims to enhance
efficiency for Marten's drivers, reducing waiting times for loading
units. The SmartDrive Camera System focuses on driver behaviors to
ensure safety, eliminating the need for manual monitoring. Industry
peers can explore tablet-based platforms to enhance driver
efficiency, reduce loading wait times, and prioritize safety
through behavior-focused systems.
Segmentation & Forecast
Service
- FTL
- Non-Dedicated FTL
- Dedicated FTL
- LTL
Temperature Compartment
- Single Temperature
- Multiple Temperature
Vehicle Type
End-User
- Food & Beverage
- Meat, Poultry and Seafood
- Dairy & Beverages
- Bakery Confectionary, & Others
- Pharmaceuticals
- Others
Vendors List
- Key Vendors
- Americold Logistics
- C.H. Robinson Worldwide
- DB Schenker
- J.B. Hunt
- Knight-Swift Transportation Company
- Other Prominent Vendors
- Covenant Logistics
- Stevens Transport
- Burris Logistics
- Total Quality Logistics (TQL)
- ABF Freight
- Expeditors
- XPO
- FEDEX
- RLS Logistics
- Matson
- Freymiller
- Lineage
- Marten Transport
- KLLM
- Confederation Freezers
- Ruan
- Penske
- Alliance
- Midwest Refrigerated Services
- Prime
- TransAm
- J&R Schugel Trucking
- Decker Truck Line
- Gwynn Logistics
- DVL Express
- Estes
Key Questions Answered in the Report:
How big is the U.S. refrigerated trucking market?
What is the growth rate of the U.S. refrigerated trucking
market?
How many shipments are expected in the U.S. refrigerated trucking
market by 2029?
What are the trends in the U.S. refrigerated trucking market?
Who are the major players in the U.S. refrigerated trucking
market?
Table of Content
CHAPTER – 1: U.S. Refrigerated Trucking Market
Overview
- Executive Summary
- Introduction
- Key Findings
CHAPTER – 2: U.S. Refrigerated Trucking Market Projected
Revenue
- U.S.: Projected Revenue of Refrigerated trucking (2024-2029;
$Billions)
CHAPTER – 3: U.S. Refrigerated Trucking Market Segmentation
Data
- US: Projected Revenue by Service (2024-2029); (Revenue $
B.N.)
- Service Snapshot
- FTL
- LTL
- US: Projected Revenue by FTL (2024-2029); (Revenue $
B.N.)
- FTL Snapshot
- Non-Dedicated FTL
- Dedicated FTL
- US: Projected Revenue by Temperature Compartment
(2024-2029); (Revenue $ B.N.)
- Temperature Compartment Snapshot
- Single Temperature
- Multiple Temperature
- U.S.: Projected Revenue by Vehicle Type (2024-2029);
(Revenue $ B.N.)
- Vehicle Type Snapshot
- Trailers
- Vans
- U.S.: Projected Revenue by End-User (2024-2029); (Revenue $
B.N.)
- End-User Snapshot
- Food & Beverage
- Pharmaceuticals
- Others
- US: Projected Revenue by Food &
Beverage (2024-2029); (Revenue $BN)
- Food & Beverage Snapshot
- Meat, Poultry and Seafood
- Dairy & Beverages
- Bakery Confectionary, & Others
CHAPTER – 4: U.S. Refrigerated Trucking Market Prospects
& Opportunities
- U.S. Refrigerated Trucking Market Trends
- U.S. Refrigerated Trucking Market Drivers
- U.S. Refrigerated Trucking Market Constraints
CHAPTER – 5: U.S. Refrigerated Trucking Market Industry
Overview
- U.S. Refrigerated Trucking Market - Competitive
Landscape
- U.S. Refrigerated Trucking Market - Key
Players
- U.S. Refrigerated Trucking Market – Other Prominent
Vendors
CHAPTER – 6: Appendix
- Research Methodology
- Abbreviations
- About Arizton
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