Due to the rise in global e-commerce, research by SNS Insider forecasts the freight trucking market size to increase 3.9 per cent from 2024-32, reaching US$3768.1 billion. The freight trucking market was recorded at US$2670 billion in 2023, and is growing significantly due to the rising global e-commerce industry, as freight trucks are supported for transporting packaged goods and products between distribution centres, warehouses and to retailers. The increasingly fast and last-mile door-to-door delivery of packages from warehouse or fulfillment centre hubs positively affects the market.

E-commerce drives freight trucking market, July 9, 2024, https://www.insidelogistics.ca/transportation/truck/e-commerce-drives-freight-trucking-market-188659/