European Road Freight Transport 2024

Description

Growth outlook for European road freight remains subdued, however macroeconomic forecasts are changing positively. New Ti data projects the market will return to growth in 2024, growing by 1.6%. What's the growth outlook for domestic and international markets and out to 2028?

Ti's "European Road Freight Transport 2024" report provides in depth data and comparative analysis.

The full report analyses the competitive landscape in the market and offers in-depth market projections and trade forecasts: an essential tool for business leaders making critical decisions.

The report contains:

Market sizing, growth rates and forecasts for 2023 and 2024 - 2028 split by country, domestic & international.
Analysis of the key factors influencing demand, growth, opportunities, and challenges within the European Road Freight market.
In-depth analysis and cost of ownership comparison of hydrogen, battery electric and diesel trucks.
European Road Freight Transport Provider Profiles.
Comparison of M&A activity within the market, including activity across sectors and regions.
Competitive landscape
Analysis of Ti's State of Logistics European Road Freight Survey 2024
Profiles of the top 10 most promising road freight start-ups in the European market.

Key Questions:

How fast is the market forecast to grow out to 2028?
How fast are domestic and international road freight markets forecast to grow out to 2028?
Who are the top 10 road freight start-ups to watch in 2024?
Automotive and e-commerce are important drivers of road freight growth, how will these markets perform over the coming months?
What strategies are providers implementing in response to increased tolls?
Which decarbonization pathway is the
Which sector is the most attractive target for consolidation among road freight forwarders?
Who are the Top 20 European Road Freight providers?
Which sectors offer the best prospects for volume growth?

Key Findings:

The European road freight market is projected to expand by 1.6% in 2024.
Domestic and international road freight markets will return to growth in 2024.
Almost all European road freight markets are forecasted to grow in 2024.
Toll increases across Europe will raise road freight rates by 5% to 10%.
5% of survey respondents state that load optimisation is one of the most effective strategies to mitigate rising operating costs.
Consumer goods, high-tech and pharmaceuticals offer the best prospects for volume growth.
A vast majority of surveyed road freight companies developed their digital freight booking platform internally.
Almost all of the top 20 European road freight providers saw revenues decline in 2023.
DB Schenker accounts for 1.8% of the road freight market, and is the clear market leader.

About the authors:

Viki Keckarovska is a Senior Research Analyst with vast experience in the design, implementation and analysis of electronic and person-to-person surveys. Having worked across a number of sectors, including retail, luxury goods and FMCG, Viki is experienced in gaining valuable insights across brand perception, voice of customer and strategic re-positioning intelligence campaigns for B-to-B and B-to-C clients. As a member of the Market Research Society, Viki brings best practice in research, insight and analytics across Ti.

Shruti Sasidharan is a seasoned market research professional offering extensive experience in conducting in-depth market analysis and interpreting data across a multitude of sectors on a global level.

Laura Serban is a Marketing Specialist at Ti and helps the team with the implementation of marketing projects. With a background in Journalism, Laura is interested in all areas of communication, increasing visibility by creating social media content for Ti, and has been recently taking part in research projects.

Richard Shrubb is a freelance Business Analyst with a degree in maritime transport, a postgraduate degree in journalism and a passion for the environment.

TABLE OF FIGURES

1. ROAD TRANSPORT - STATE OF LOGISTICS SURVEY 2024

1.1. Sample demographics
1.2. Margins
1.3. Market structure and FTL & LTL split
1.4. Sustainability
1.5. Tolls
1.6. Operating costs and strategies to mitigate rising operating costs
1.7. Verticals
1.8. Investment focus areas
1.9. Challenges
1.10. Technology
1.11. Digital Freight Platforms

2. TOP 10 ROAD FREIGHT STARTUPS TO WATCH IN 2024

2.1. MANSIO- Truck Transport Solution
2.2. CO2OPT - Tire Management
2.3. Kodiak Robotics, Inc. - Autonomous trucks: kodiakDriver olution
2.4. Viaopt - Digital freight network for private fleets
2.5. Nuvocargo Inc. - Digital Freight Forwarder
2.6. ISEE, Inc.-Autonomous Vehicles powered by AI
2.7. folofly Co., Ltd. - Electric Vehicles
2.8. Clockwork Logistics Systems
2.9. Torch Logistics, Inc. - Shorthaul specialists powered by technology
2.10. Cargon Logistica e Tecnologia SA - Green Logistics, Fleet management

3. EUROPEAN ROAD FREIGHT TRANSPORT MARKET SIZE & GROWTH - 2023, 2024 AND 2028

3.1. Introduction
3.2. European Road Freight Transport Market Size & Growth
- 3.2.1. European Road Freight Transport Market Size & Growth 2023
- 3.2.2. European Road Freight Transport Market Size & Growth 2024 (F)
- 3.2.3. European Road Freight Transport Market Size & Growth 2028 (F)
3.3. Summary of market conditions
- 3.3.1. Demand side factors
- 3.2.1. Supply side factors
3.4. Total European Road Freight Transport Market Size & Growth by Country
- 3.4.1. Total European Road Freight Transport Market Size by Country-2023
- 3.4.2. Total European Road Freight Transport Market Size by Country-2024 (F)
- 3.4.3. Total European Road Freight Transport Market Size by Country 2028 (F)
- 3.4.4. Domestic European road freight market size and growth
- 3.4.5. International European road freight market size and growth

4. COST COMPARISON OF HYDROGEN, BATTERY ELECTRIC AND DIESEL TRUCKS - WHICH DECARBONIZATION PATHWAY IS THE MOST COST EFFECTIVE?

4.1. Overview
4.2. Capital costs for diesel, BET and FCET
4.3. Fuel Costs
4.4. Maintenance Costs
4.5. Government Regulation-Road Tolls
4.6. TCO comparison for diesel, BET and FCET
4.7. Conclusion

5. COMPETITIVE LANDSCAPE - COMPARISON OF EUROPEAN ROAD FREIGHT PROVIDERS

5.1. FINANCIAL COMPARISON - TOP 20
- 5.1.1. Revenue comparison
- 5.1.2. Profit and Margin comparison
5.2. comparison of M&A activity in the European Road Freight Market
- 5.2.1. European Road Freight M&A activity across sectors
- 5.2.2. European Road Freight M&A activity across regions
5.3. Employees AND FLEET comparison
- 5.3.1. Employees
- 5.3.2. Fleet
5.4. Operational Analysis in the European Road
5.5. Comparison of Sustainability Initiatives and Performance
- 5.5.1. Comparison of Sustainability Initiatives and Performance 2023
- 5.5.2. Comparison of Targets
- 5.5.3. Comparison of Performance
- 5.5.4. Top 20 European Road Freight Providers - Alternative Fuels Fleet Composition

6. European Road Freight Transport Provider Profiles

6.1. CEVA/GEFCO
- 6.1.1. Background
- 6.1.2. Finances
- 6.1.3. Operations
- 6.1.4. Acquisitions
- 6.1.5. Technology
- 6.1.6. Sustainability
- 6.1.7. Outlook
6.2. Dachser
- 6.2.1. Background
- 6.2.2. Finances
- 6.2.3. Operations
- 6.2.4. M&As
- 6.2.5. Investments
- 6.2.6. Technology
- 6.2.7. Sustainability
- 6.2.8. Strategic Outlook
6.3. DB Schenker
- 6.3.1. Background
- 6.3.2. Finances
- 6.3.3. Operations
- 6.3.4. Acquisitions
- 6.3.5. Technology
- 6.3.6. Sustainability
- 6.3.7. Strategic Outlook
6.4. DPDHL
- 6.4.1. Background
- 6.4.2. Finances
- 6.4.3. Operations
- 6.4.4. Technology
- 6.4.5. Sustainability
- 6.4.6. Strategic Outlook
6.5. DSV A/S
- 6.5.1. Background
- 6.5.2. Finances
- 6.5.3. Operations
- 6.5.4. Investments or Acquisitions
- 6.5.5. Technology
- 6.5.6. Sustainability
- 6.5.7. Strategic Outlook
6.6. FEDEX
- 6.6.1. Background
- 6.6.2. Finances
- 6.6.3. Operations
- 6.6.4. Technology
- 6.6.5. Sustainability
- 6.6.6. Outlook
6.7. GEODIS
- 6.7.1. Background
- 6.7.2. Acquisitions
- 6.7.3. Finances
- 6.7.4. Operations
- 6.7.5. Technology
- 6.7.6. Sustainability
- 6.7.7. Outlook
6.8. Kuehne + Nagel
- 6.8.1. Background
- 6.8.2. Finances
- 6.8.3. Operations
- 6.8.4. Technology
- 6.8.5. Sustainability
- 6.8.6. Outlook
6.9. LKW Walter
- 6.9.1. Background
- 6.9.2. Finances
- 6.9.3. Operations
- 6.9.4. Service expansions
- 6.9.5. Technology
- 6.9.6. Sustainability
- 6.9.7. Strategic Outlook
6.10. Rhenus Logistics
- 6.10.1. Background
- 6.10.2. Finances
- 6.10.3. Operations
- 6.10.4. Acquisitions
- 6.10.5. Technology
- 6.10.6. Sustainability
- 6.10.7. Outlook