Technology

Road Freight Transportation Market in Europe to Grow by USD 41.2 Billion (2025-2029), Key Role in Intermodal Transport Boosts Market, AI-Powered Evolution – Technavio

Published

1 year ago

January 31, 2025

NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The Road freight transportation market in Europe size is estimated to grow by USD 41.2 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 1.8% during the forecast period. High significance of road freight in intermodal transportation is driving market growth, with a trend towards growing digital transformation in road freight transportation. However, competitive pricing and higher operational costs of road freight transportation poses a challenge. Key market players include AP Moller Maersk AS, CEVA Logistics, DACHSER SE, DB Schenker, Deutsche Bahn AG, Deutsche Post AG, DSV AS, Ewals Cargo Care Holdings BV, FedEx Corp., GEODIS, H.Essers, Hellmann Worldwide Logistics SE and Co KG, Kuehne Nagel Management AG, MARITIMA SURESTE SHIPPING SLU, Raben Group, Rhenus SE and Co. KG, Schneider and Cie. AG, UAB Girteka Logistics, XPO Inc., and Ziegler Group Corp..

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Road Freight Transportation Market In Europe Scope

Report Coverage

Details

Base year

2024

Historic period

2019-2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 1.8%

Market growth 2025-2029

USD 41.2 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

1.7

Regional analysis

Europe

Performing market contribution

Europe at 100%

Key countries

Germany, Spain, UK, France, and Rest of Europe

Key companies profiled

AP Moller Maersk AS, CEVA Logistics, DACHSER
SE, DB Schenker, Deutsche Bahn AG, Deutsche
Post AG, DSV AS, Ewals Cargo Care Holdings
BV, FedEx Corp., GEODIS, H.Essers, Hellmann
Worldwide Logistics SE and Co KG, Kuehne
Nagel Management AG, MARITIMA SURESTE
SHIPPING SLU, Raben Group, Rhenus SE and
Co. KG, Schneider and Cie. AG, UAB Girteka
Logistics, XPO Inc., and Ziegler Group Corp.

Market Driver

Europe’s Road Freight Transportation Market is experiencing significant trends in logistics, particularly in the use of trucks and vans for cargo transportation. Production trends show a rise in door-to-door delivery services due to e-commerce growth. Neighboring countries’ trade agreements and economic recovery impact road freight volume. Retail e-commerce and end-user industries like food & beverages, petroleum needs, and metal & mining rely on road freight solutions. Intermodal transportation and cross-border trade activities are also increasing. Diesel imports and logistics providers’ core competencies are key factors. UPS, Custom, and third-party logistics (3PL) firms offer contract logistics services. Impacting factors include just-in-time manufacturing, RFID tags, globalization, IT solutions, and the multi-modal system. Travel bans, quarantines, movement restrictions, border controls, and closures due to health screening are challenges.

The European road freight transportation sector is undergoing a significant digital transformation. This revolution is altering the way supply chains function, boosting efficiency, transparency, and responsiveness. At the heart of this shift are advanced technologies like artificial intelligence (AI), the Internet of Things (IoT), data analytics, and blockchain. AI and data analytics provide predictive insights and real-time decision-making through the analysis of extensive data, optimizing routes, anticipating demand, and improving resource allocation. The IoT links devices, vehicles, and equipment, enabling real-time tracking, remote monitoring, and uninterrupted communication among all involved parties.

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Market Challenges

The European road freight transportation market is experiencing significant challenges due to production trends and the rise of e-commerce. With the increase in retail e-commerce sales, there is a growing demand for door-to-door delivery services, putting pressure on logistics transportation providers to offer efficient solutions. Neighboring countries and domestic markets are key players in cross-border trade activities, but trade agreements and travel bans due to the economic recovery from the pandemic are impacting factors. Truck and van cargo volumes are at record highs, with core competencies of logistics providers including UPS, Custom, and third-party logistics (3PL) firms, essential for meeting the needs of end user industries such as food & beverages, petroleum, metal & mining, and just-in-time manufacturing. Intermodal transportation and last-mile delivery services are crucial for supply chain efficiency, with IT solutions and software, RFID tags, and a multi-modal system essential for managing the complexities of road freight solutions. However, diesel imports, movement restrictions, border controls, and quarantines are impacting the market, with the globalization of the e-commerce industry and the need for intermodal transportation and cross-border trade activities adding further complexity. Logistics firms must adapt to these challenges and offer contract logistics services to remain competitive.The European road freight transportation market experiences instability due to the volatile prices of crude oil, which significantly impacts operational costs. Fuel expenditure, a substantial portion of operational expenses, is subject to fluctuations, making the market susceptible to price changes. For instance, the 2021 Suez Canal blockage resulted in increased fuel prices, leading to higher operational expenses for carriers, negatively affecting profitability. This unpredictability hinders businesses from creating accurate budgets, planning long-term investments, and offering competitive pricing, posing a persistent financial challenge for market participants.

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Segment Overview

This road freight transportation market in Europe report extensively covers market segmentation by

Vehicle Type1.1 Medium and heavy commercial vehicle1.2 Light commercial vehicleProduct 2.1 Food and beverages2.2 Metals and mining2.3 Dangerous goods2.4 Agriculture2.5 OthersGeography 3.1 Europe

1.1 Medium and heavy commercial vehicle- The European road freight transportation market is primarily driven by the demand for medium and heavy commercial vehicles. These vehicles offer versatility in accommodating various cargo requirements, making them the preferred choice. Major players like Volvo, DAF Trucks, and Mercedes-Benz dominate the market with advanced versions boasting larger payloads, improved fuel efficiency, and emissions compliance. The market is witnessing a shift towards electric and hybrid models due to stringent environmental regulations. E-commerce growth is fueling the need for efficient logistics, pushing the market forward. However, challenges persist, including insufficient alternative fuel infrastructure and driver shortages. The future of the market is shaped by sustainability, with innovations like autonomous driving and networking enhancing operational efficiency and safety. As a result, the demand for medium and heavy commercial vehicles is projected to rise, driving market growth throughout the forecast period.

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Research Analysis

The European road freight transportation market is a vital component of the continent’s logistics sector, facilitating the movement of goods and services between manufacturing hubs, retailers, and consumers. Production trends in manufacturing industries continue to drive the demand for road freight transportation, with an increasing focus on door-to-door delivery services to ensure timely and efficient supply chain operations. The rise of e-commerce and retail e-commerce has further boosted the market, as consumers expect faster delivery times and greater convenience. Domestic and neighboring countries are key markets, with the common border facilitating seamless transportation. Trade agreements and economic recovery are also significant factors influencing the road freight volume. Transportation projects and the development of advanced roadways further enhance the market’s growth prospects. Trucks and vans remain the primary modes of transportation for cargo, with a growing emphasis on fuel efficiency and sustainability.

Market Research Overview

The European road freight transportation market is experiencing significant growth due to increasing production trends, domestic and cross-border trade activities, and the in e-commerce. Door-to-door delivery services, last-mile delivery solutions, and intermodal transportation are becoming increasingly popular. E-commerce, particularly retail e-commerce, is driving the demand for logistics transportation, with food & beverages, petroleum needs, and metal & mining being key end-user industries. The market is witnessing record highs in road freight volume due to the economic recovery of European countries and the impact of trade agreements with neighboring countries. Diesel imports, third-party logistics (3PL), and contract logistics services are core competencies of logistics providers. However, the market is facing challenges such as travel bans, quarantines, movement restrictions, border controls, and closures due to the global pandemic. RFID tags, IT solutions, and software are being integrated into the multi-modal system to enhance supply chain efficiency. The road freight transportation market is expected to continue its growth trajectory, impacted by various factors including just-in-time manufacturing, globalization, and the evolving needs of the e-commerce industry.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Vehicle TypeMedium And Heavy Commercial VehicleLight Commercial VehicleProductFood And BeveragesMetals And MiningDangerous GoodsAgricultureOthersGeographyEurope

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

Technology

Haloid Solutions Expands Access to Radio Equipment by Offering Flexible Financing and Leasing Solutions Named HaloidFLEX

Published

2 hours ago

April 18, 2026

NEW YORK, April 18, 2026 /PRNewswire/ — As part of Haloid Solutions’ long-term commitment to helping businesses and municipalities acquire critical communications equipment despite budgetary constraints, Haloid now offers specialized financing and leasing programs through its HaloidFLEX program.

Designed to ensure that companies and governments have the equipment they need without costly capital expenditures outlays, HaloidFLEX offers financing for equipment purchased directly from manufacturers or local radio dealers. HaloidFLEX financing offers zero percent and low-interest options as well as predictable monthly payments for qualified buyers. HaloidFLEX clients can even opt to incorporate extended support services and protections into their financing to prepare for accidents, theft, or equipment losses. This gives companies peace of mind with one low monthly payment.

For organizations that don’t want or need to own equipment long-term, the HaloidFLEX leasing program offers similar benefits with potential tax advantages. Companies can lease brand new equipment and upgrade or return it at lease-end as needed. For companies seeking flexible options – or those that are interested in upgrading to the latest technology as it becomes available – leasing makes perfect sense.

One of the added benefits of each program is that HaloidFLEX allows clients to bundle services and protections that would normally be billed separately. Accidental damage, theft, and loss protections can be put in place, so that there’s never a lapse in communication if a radio fails. Extended warranties are also available upon request, so companies can customize their financing and protection to fit their budget and safeguard their equipment simultaneously.

According to a Haloid Solutions spokesperson, “Bundling expenses simply makes sense. It reduces the need for multiple policies and flexes with organizations to ensure critical communication equipment is available when needed while guaranteeing that the company’s investment is protected for the life of the equipment.”

HaloidFLEX financing and leasing programs are available to qualified businesses and municipalities nationwide. To learn more or request a customized quote, visit HaloidSolutions.com.

About Haloid Solutions

Haloid Solutions is the go-to resource for U.S. businesses and municipalities in search of financing and leasing for two-way radios, walkie talkies, communications equipment, accessories, and services. Focused on reliability, affordability, and performance, Haloid strives to equip professionals in all communication-based industries with the resources they need most.

For more information about Haloid Solutions, or details about the HaloidFLEX financing or leasing programs, please visit https://haloidsolutions.com/collections/lmr-radio-financing-and-leasing-and-subscription-low-cost-payment-options-for-2-way-radio-equipment or contact us on our website.

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SOURCE HALOID SOLUTIONS

Technology

CAS Holdings Appoints Patrick McDermott as Chief Executive Officer

Published

3 hours ago

April 18, 2026

Leadership Transition Positions CAS Holdings for Continued Growth and Customer-Focused Innovation

FRANKLIN, Mass., April 18, 2026 /PRNewswire/ — CAS Holdings, a leader in industrial automation distribution, engineering, and integration, is pleased to announce that Patrick McDermott has been named Chief Executive Officer.

McDermott previously served as President and Chief Revenue Officer, where he played a key role in driving growth across the organization, strengthening customer relationships, and leading teams with a clear focus on execution and results.

In his new role as CEO, McDermott will lead CAS Holdings into its next phase of growth, building on the company’s strong foundation and continued commitment to delivering value to customers, partners, and employees.

“I’m honored to step into the role of CEO at CAS Holdings,” said McDermott. “Over the past year, I’ve had the opportunity to work alongside an incredible team, support our customers, and help drive the growth of our organization. I’m excited to build on that momentum as we move into our next chapter.”

CAS Holdings, through its divisions including iAutomation and RND Automation, delivers a full spectrum of industrial automation solutions – from product distribution and technical support to custom machine building and system integration. Serving OEM machine builders and end-users, the company brings deep expertise in motion control, robotics, and vision, along with value-added capabilities such as kitting, sub-assembly, panel building, and turnkey automation systems, acting as an extension of its customers’ engineering and production teams.

McDermott’s leadership will focus on advancing CAS Holdings’ strategic initiatives, strengthening its market position, and continuing to deliver innovative automation solutions that support customers across a wide range of industries.

“We have a strong foundation, a talented team, and a clear direction. I’m looking forward to what we’ll accomplish together,” McDermott said. “Our focus remains on supporting our customers with responsive, local expertise, strong supplier partnerships, and the engineering and production capabilities they rely on to keep their operations running and growing.”

About Complete Automation Solutions Holdings

Complete Automation Solutions Holdings (CAS Holdings) is dedicated to empowering industrial automation companies, including those in the packaging industry, to achieve optimal efficiency and success. With a diverse portfolio encompassing industrial distribution, panel building and assembly, system integration, and robotics, CAS Holdings provides comprehensive packaging machines and solutions tailored to meet industry needs. The company prioritizes strong partnerships, expert engineering, and innovative solutions, ensuring sustainable practices and continuous improvement. CAS Holdings envisions a future where its transformative automation solutions redefine industry standards and drive growth. Committed to transparency and collaboration, CAS Holdings aims to be the most trusted partner in the automation sector.

Press Contact:

Erika Jacques
508-838-8012
http://www.iautomation.com/

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SOURCE CAS Holdings, Inc.

Technology

Vipboss Marks Earth Day with Renewed Commitment to Green Energy Solutions

Published

4 hours ago

April 18, 2026

NEW YORK, April 18, 2026 /PRNewswire/ — As Earth Day draws global attention to environmental responsibility, Vipboss, a specialist manufacturer and developer of lithium iron phosphate (LiFePO4) battery packs for energy storage and mobility applications, is underscoring its long‑term commitment to sustainable energy practices through its Environmental Advocacy. This advocacy is devoid of ornate language; its inspiration stems from the brand’s unwavering conviction in LiFePO4 batteries as a green energy solution. To align this message with practical action, the brand is also running a themed sales campaign on its official website during April 18th to 30th. It highlights how practical product solutions, rather than abstract concepts, can support cleaner energy use in everyday life.

Across the world, energy consumption patterns are undergoing rapid change. Households, outdoor users, and light‑mobility sectors are increasingly seeking energy systems that are safe, sustainable, and low‑emission. Within this shift, LiFePO4 batteries have emerged as a preferred technology for clean‑energy applications. Their long service life, high safety profile, and absence of cobalt, which is an element associated with higher environmental and ethical risks, position them as a responsible choice in the global transition toward greener power.

LiFePO4 technology forms the foundation of Vipboss’s approach to sustainable energy. Its extended cycle life reduces the frequency of battery replacement, lowering resource consumption and easing the environmental burden associated with disposal. The material’s inherent stability also minimizes the risk of thermal runaway, offering a safer experience in homes, recreational vehicles, and public environments. In practical use cases such as home backup systems, RV travel, and golf‑course operations, LiFePO4 batteries deliver efficient storage and stable output, helping reduce reliance on fossil‑fuel‑based energy sources and supporting lower‑carbon lifestyles.

Vipboss’s environmental advocacy extends beyond the technical advantages of its products. The brand promotes responsible energy use as an integral part of sustainable living, emphasizing that product design and informed application must work together to achieve meaningful environmental outcomes. As a provider of energy solutions for home, travel, and leisure scenarios, Vipboss continues to participate in the long‑term process of green transformation through ongoing technological refinement and product evolution.

Earth Day serves as a reminder that lasting environmental impact is built through small, consistent actions. Looking ahead, Vipboss will continue advancing safer, more durable, and more efficient energy products that support individuals and families in adopting more sustainable energy habits. Through these efforts, the brand aims to contribute enduring value to the wider adoption of clean energy and the collective pursuit of a more sustainable future.

About Vipboss

Vipboss is a specialist in the lithium battery industry, focusing on the research, production, and manufacturing of lithium iron phosphate (LiFePO4) battery packs. The company is committed to advancing battery technology with an emphasis on reliable performance, safety, and extended service life. Its mission is to deliver safe, efficient, and environmentally responsible energy solutions that contribute to a cleaner, more sustainable future.

For more information, please visit: https://vipbosspower.com/.

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SOURCE Vipboss