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Global Less than Truckload Shipping Market Research Report 2025

Published Date: August 2025

Report Code: QYRE-Auto-16B10226

Global Less than Truckload Shipping Market Insights Forecast to 2028

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Global Less than Truckload Shipping Market Research Report 2025

Code: QYRE-Auto-16B10226

Report

August 2025

Pages:60

QYResearch

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DESCRIPTION

TABLE OF CONTENT

TABLES & FIGURES

FEATURED COMPANIES

Deutsche Post

FedEx

Kuehne + Nagel

United Parcel Service of America

XPO Logistics

Less than Truckload Shipping Market

The global market for Less than Truckload Shipping was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.

Less than truckload shipping is the transportation of relatively small freight. The alternatives to LTL carriers are parcel carriers or full truckload carriers. Parcel carriers usually handle small packages and freight that can be broken down into units less than 150 pounds (68 kg).

The less-than-truckload (LTL) Shipping market will grow extensively in APAC during the next few years due to significant contribution by the countries in APAC to the global market. The limited penetration of LTL services provides growth opportunities to the players to expand their business operations and maximize their profits.

This report aims to provide a comprehensive presentation of the global market for Less than Truckload Shipping, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Less than Truckload Shipping.

The Less than Truckload Shipping market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Less than Truckload Shipping market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Less than Truckload Shipping companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Less than Truckload Shipping Market Report

Report Metric	Details
Report Name	Less than Truckload Shipping Market
Segment by Type	Heavy LTL Volume Light LTL Volume
Segment by Application	Domestic Shipping International Shipping
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	Deutsche Post, FedEx, KUEHNE + NAGEL, United Parcel Service of America, XPO Logistics
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Less than Truckload Shipping company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

FAQ for this report

Who are the main players in the Less than Truckload Shipping Market report?

Ans: The main players in the Less than Truckload Shipping Market are Deutsche Post, FedEx, KUEHNE + NAGEL, United Parcel Service of America, XPO Logistics

What are the Application segmentation covered in the Less than Truckload Shipping Market report?

Ans: The Applications covered in the Less than Truckload Shipping Market report are Domestic Shipping, International Shipping

What are the Type segmentation covered in the Less than Truckload Shipping Market report?

Ans: The Types covered in the Less than Truckload Shipping Market report are Heavy LTL Volume, Light LTL Volume

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Less than Truckload Shipping Market Size Growth Rate by Type: 2020 VS 2024 VS 2031

1.2.2 Heavy LTL Volume

1.2.3 Light LTL Volume

1.3 Market by Application

1.3.1 Global Less than Truckload Shipping Market Growth by Application: 2020 VS 2024 VS 2031

1.3.2 Domestic Shipping

1.3.3 International Shipping

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

2.1 Global Less than Truckload Shipping Market Perspective (2020-2031)

2.2 Global Less than Truckload Shipping Growth Trends by Region

2.2.1 Global Less than Truckload Shipping Market Size by Region: 2020 VS 2024 VS 2031

2.2.2 Less than Truckload Shipping Historic Market Size by Region (2020-2025)

2.2.3 Less than Truckload Shipping Forecasted Market Size by Region (2026-2031)

2.3 Less than Truckload Shipping Market Dynamics

2.3.1 Less than Truckload Shipping Industry Trends

2.3.2 Less than Truckload Shipping Market Drivers

2.3.3 Less than Truckload Shipping Market Challenges

2.3.4 Less than Truckload Shipping Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Less than Truckload Shipping Players by Revenue

3.1.1 Global Top Less than Truckload Shipping Players by Revenue (2020-2025)

3.1.2 Global Less than Truckload Shipping Revenue Market Share by Players (2020-2025)

3.2 Global Less than Truckload Shipping Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Less than Truckload Shipping Revenue

3.4 Global Less than Truckload Shipping Market Concentration Ratio

3.4.1 Global Less than Truckload Shipping Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Less than Truckload Shipping Revenue in 2024

3.5 Global Key Players of Less than Truckload Shipping Head office and Area Served

3.6 Global Key Players of Less than Truckload Shipping, Product and Application

3.7 Global Key Players of Less than Truckload Shipping, Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4 Less than Truckload Shipping Breakdown Data by Type

4.1 Global Less than Truckload Shipping Historic Market Size by Type (2020-2025)

4.2 Global Less than Truckload Shipping Forecasted Market Size by Type (2026-2031)

5 Less than Truckload Shipping Breakdown Data by Application

5.1 Global Less than Truckload Shipping Historic Market Size by Application (2020-2025)

5.2 Global Less than Truckload Shipping Forecasted Market Size by Application (2026-2031)

6 North America

6.1 North America Less than Truckload Shipping Market Size (2020-2031)

6.2 North America Less than Truckload Shipping Market Growth Rate by Country: 2020 VS 2024 VS 2031

6.3 North America Less than Truckload Shipping Market Size by Country (2020-2025)

6.4 North America Less than Truckload Shipping Market Size by Country (2026-2031)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Less than Truckload Shipping Market Size (2020-2031)

7.2 Europe Less than Truckload Shipping Market Growth Rate by Country: 2020 VS 2024 VS 2031

7.3 Europe Less than Truckload Shipping Market Size by Country (2020-2025)

7.4 Europe Less than Truckload Shipping Market Size by Country (2026-2031)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Less than Truckload Shipping Market Size (2020-2031)

8.2 Asia-Pacific Less than Truckload Shipping Market Growth Rate by Region: 2020 VS 2024 VS 2031

8.3 Asia-Pacific Less than Truckload Shipping Market Size by Region (2020-2025)

8.4 Asia-Pacific Less than Truckload Shipping Market Size by Region (2026-2031)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Less than Truckload Shipping Market Size (2020-2031)

9.2 Latin America Less than Truckload Shipping Market Growth Rate by Country: 2020 VS 2024 VS 2031

9.3 Latin America Less than Truckload Shipping Market Size by Country (2020-2025)

9.4 Latin America Less than Truckload Shipping Market Size by Country (2026-2031)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Less than Truckload Shipping Market Size (2020-2031)

10.2 Middle East & Africa Less than Truckload Shipping Market Growth Rate by Country: 2020 VS 2024 VS 2031

10.3 Middle East & Africa Less than Truckload Shipping Market Size by Country (2020-2025)

10.4 Middle East & Africa Less than Truckload Shipping Market Size by Country (2026-2031)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 Deutsche Post

11.1.1 Deutsche Post Company Details

11.1.2 Deutsche Post Business Overview

11.1.3 Deutsche Post Less than Truckload Shipping Introduction

11.1.4 Deutsche Post Revenue in Less than Truckload Shipping Business (2020-2025)

11.1.5 Deutsche Post Recent Development

11.2 FedEx

11.2.1 FedEx Company Details

11.2.2 FedEx Business Overview

11.2.3 FedEx Less than Truckload Shipping Introduction

11.2.4 FedEx Revenue in Less than Truckload Shipping Business (2020-2025)

11.2.5 FedEx Recent Development

11.3 KUEHNE + NAGEL

11.3.1 KUEHNE + NAGEL Company Details

11.3.2 KUEHNE + NAGEL Business Overview

11.3.3 KUEHNE + NAGEL Less than Truckload Shipping Introduction

11.3.4 KUEHNE + NAGEL Revenue in Less than Truckload Shipping Business (2020-2025)

11.3.5 KUEHNE + NAGEL Recent Development

11.4 United Parcel Service of America

11.4.1 United Parcel Service of America Company Details

11.4.2 United Parcel Service of America Business Overview

11.4.3 United Parcel Service of America Less than Truckload Shipping Introduction

11.4.4 United Parcel Service of America Revenue in Less than Truckload Shipping Business (2020-2025)

11.4.5 United Parcel Service of America Recent Development

11.5 XPO Logistics

11.5.1 XPO Logistics Company Details

11.5.2 XPO Logistics Business Overview

11.5.3 XPO Logistics Less than Truckload Shipping Introduction

11.5.4 XPO Logistics Revenue in Less than Truckload Shipping Business (2020-2025)

11.5.5 XPO Logistics Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

FEATURED COMPANIES

Deutsche Post

FedEx

Kuehne + Nagel

United Parcel Service of America

XPO Logistics

List of Tables

Table 1. Global Less than Truckload Shipping Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031

Table 2. Key Players of Heavy LTL Volume

Table 3. Key Players of Light LTL Volume

Table 4. Global Less than Truckload Shipping Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031

Table 5. Global Less than Truckload Shipping Market Size by Region (US$ Million): 2020 VS 2024 VS 2031

Table 6. Global Less than Truckload Shipping Market Size by Region (2020-2025) & (US$ Million)

Table 7. Global Less than Truckload Shipping Market Share by Region (2020-2025)

Table 8. Global Less than Truckload Shipping Forecasted Market Size by Region (2026-2031) & (US$ Million)

Table 9. Global Less than Truckload Shipping Market Share by Region (2026-2031)

Table 10. Less than Truckload Shipping Market Trends

Table 11. Less than Truckload Shipping Market Drivers

Table 12. Less than Truckload Shipping Market Challenges

Table 13. Less than Truckload Shipping Market Restraints

Table 14. Global Less than Truckload Shipping Revenue by Players (2020-2025) & (US$ Million)

Table 15. Global Less than Truckload Shipping Market Share by Players (2020-2025)

Table 16. Global Top Less than Truckload Shipping Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Less than Truckload Shipping as of 2024)

Table 17. Ranking of Global Top Less than Truckload Shipping Companies by Revenue (US$ Million) in 2024

Table 18. Global 5 Largest Players Market Share by Less than Truckload Shipping Revenue (CR5 and HHI) & (2020-2025)

Table 19. Global Key Players of Less than Truckload Shipping, Headquarters and Area Served

Table 20. Global Key Players of Less than Truckload Shipping, Product and Application

Table 21. Global Key Players of Less than Truckload Shipping, Date of Enter into This Industry

Table 22. Mergers & Acquisitions, Expansion Plans

Table 23. Global Less than Truckload Shipping Market Size by Type (2020-2025) & (US$ Million)

Table 24. Global Less than Truckload Shipping Revenue Market Share by Type (2020-2025)

Table 25. Global Less than Truckload Shipping Forecasted Market Size by Type (2026-2031) & (US$ Million)

Table 26. Global Less than Truckload Shipping Revenue Market Share by Type (2026-2031)

Table 27. Global Less than Truckload Shipping Market Size by Application (2020-2025) & (US$ Million)

Table 28. Global Less than Truckload Shipping Revenue Market Share by Application (2020-2025)

Table 29. Global Less than Truckload Shipping Forecasted Market Size by Application (2026-2031) & (US$ Million)

Table 30. Global Less than Truckload Shipping Revenue Market Share by Application (2026-2031)

Table 31. North America Less than Truckload Shipping Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 32. North America Less than Truckload Shipping Market Size by Country (2020-2025) & (US$ Million)

Table 33. North America Less than Truckload Shipping Market Size by Country (2026-2031) & (US$ Million)

Table 34. Europe Less than Truckload Shipping Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 35. Europe Less than Truckload Shipping Market Size by Country (2020-2025) & (US$ Million)

Table 36. Europe Less than Truckload Shipping Market Size by Country (2026-2031) & (US$ Million)

Table 37. Asia-Pacific Less than Truckload Shipping Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031

Table 38. Asia-Pacific Less than Truckload Shipping Market Size by Region (2020-2025) & (US$ Million)

Table 39. Asia-Pacific Less than Truckload Shipping Market Size by Region (2026-2031) & (US$ Million)

Table 40. Latin America Less than Truckload Shipping Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 41. Latin America Less than Truckload Shipping Market Size by Country (2020-2025) & (US$ Million)

Table 42. Latin America Less than Truckload Shipping Market Size by Country (2026-2031) & (US$ Million)

Table 43. Middle East & Africa Less than Truckload Shipping Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 44. Middle East & Africa Less than Truckload Shipping Market Size by Country (2020-2025) & (US$ Million)

Table 45. Middle East & Africa Less than Truckload Shipping Market Size by Country (2026-2031) & (US$ Million)

Table 46. Deutsche Post Company Details

Table 47. Deutsche Post Business Overview

Table 48. Deutsche Post Less than Truckload Shipping Product

Table 49. Deutsche Post Revenue in Less than Truckload Shipping Business (2020-2025) & (US$ Million)

Table 50. Deutsche Post Recent Development

Table 51. FedEx Company Details

Table 52. FedEx Business Overview

Table 53. FedEx Less than Truckload Shipping Product

Table 54. FedEx Revenue in Less than Truckload Shipping Business (2020-2025) & (US$ Million)

Table 55. FedEx Recent Development

Table 56. KUEHNE + NAGEL Company Details

Table 57. KUEHNE + NAGEL Business Overview

Table 58. KUEHNE + NAGEL Less than Truckload Shipping Product

Table 59. KUEHNE + NAGEL Revenue in Less than Truckload Shipping Business (2020-2025) & (US$ Million)

Table 60. KUEHNE + NAGEL Recent Development

Table 61. United Parcel Service of America Company Details

Table 62. United Parcel Service of America Business Overview

Table 63. United Parcel Service of America Less than Truckload Shipping Product

Table 64. United Parcel Service of America Revenue in Less than Truckload Shipping Business (2020-2025) & (US$ Million)

Table 65. United Parcel Service of America Recent Development

Table 66. XPO Logistics Company Details

Table 67. XPO Logistics Business Overview

Table 68. XPO Logistics Less than Truckload Shipping Product

Table 69. XPO Logistics Revenue in Less than Truckload Shipping Business (2020-2025) & (US$ Million)

Table 70. XPO Logistics Recent Development

Table 71. Research Programs/Design for This Report

Table 72. Key Data Information from Secondary Sources

Table 73. Key Data Information from Primary Sources

Table 74. Authors List of This Report

List of Figures

Figure 1. Less than Truckload Shipping Picture

Figure 2. Global Less than Truckload Shipping Market Size Comparison by Type (2020-2031) & (US$ Million)

Figure 3. Global Less than Truckload Shipping Market Share by Type: 2024 VS 2031

Figure 4. Heavy LTL Volume Features

Figure 5. Light LTL Volume Features

Figure 6. Global Less than Truckload Shipping Market Size by Application (2020-2031) & (US$ Million)

Figure 7. Global Less than Truckload Shipping Market Share by Application: 2024 VS 2031

Figure 8. Domestic Shipping Case Studies

Figure 9. International Shipping Case Studies

Figure 10. Less than Truckload Shipping Report Years Considered

Figure 11. Global Less than Truckload Shipping Market Size (US$ Million), Year-over-Year: 2020-2031

Figure 12. Global Less than Truckload Shipping Market Size, (US$ Million), 2020 VS 2024 VS 2031

Figure 13. Global Less than Truckload Shipping Market Share by Region: 2024 VS 2031

Figure 14. Global Less than Truckload Shipping Market Share by Players in 2024

Figure 15. Global Top Less than Truckload Shipping Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Less than Truckload Shipping as of 2024)

Figure 16. The Top 10 and 5 Players Market Share by Less than Truckload Shipping Revenue in 2024

Figure 17. North America Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 18. North America Less than Truckload Shipping Market Share by Country (2020-2031)

Figure 19. United States Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 20. Canada Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 21. Europe Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 22. Europe Less than Truckload Shipping Market Share by Country (2020-2031)

Figure 23. Germany Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 24. France Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 25. U.K. Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 26. Italy Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 27. Russia Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 28. Nordic Countries Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 29. Asia-Pacific Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 30. Asia-Pacific Less than Truckload Shipping Market Share by Region (2020-2031)

Figure 31. China Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 32. Japan Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 33. South Korea Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 34. Southeast Asia Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 35. India Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 36. Australia Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 37. Latin America Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 38. Latin America Less than Truckload Shipping Market Share by Country (2020-2031)

Figure 39. Mexico Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 40. Brazil Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 41. Middle East & Africa Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 42. Middle East & Africa Less than Truckload Shipping Market Share by Country (2020-2031)

Figure 43. Turkey Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 44. Saudi Arabia Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 45. UAE Less than Truckload Shipping Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 46. Deutsche Post Revenue Growth Rate in Less than Truckload Shipping Business (2020-2025)

Figure 47. FedEx Revenue Growth Rate in Less than Truckload Shipping Business (2020-2025)

Figure 48. KUEHNE + NAGEL Revenue Growth Rate in Less than Truckload Shipping Business (2020-2025)

Figure 49. United Parcel Service of America Revenue Growth Rate in Less than Truckload Shipping Business (2020-2025)

Figure 50. XPO Logistics Revenue Growth Rate in Less than Truckload Shipping Business (2020-2025)

Figure 51. Bottom-up and Top-down Approaches for This Report

Figure 52. Data Triangulation

Figure 53. Key Executives Interviewed

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