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 agoon
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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
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Samsung Selects Chandigarh University Student as ‘Punjab AI State Topper’
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CHANDIGARH, India, July 18, 2026 /PRNewswire/ — A Bachelor of Computer Applications (BCA) student of Chandigarh University, Devesh Panwar, has been named the “Punjab State Topper” in the Artificial Intelligence (AI) under the Samsung Innovation Campus (SIC) AI Program organised by Samsung in collaboration with Telecom Sector Skill Council (TSSC) and training partner Focal Skill Development (Focalyt) to equip Indian youth with industry-relevant in-demand skills in AI, loT, Big Data, and Coding & Programming, preparing them for future careers.
A final-year student of Bachelor of Computer Applications (BCA) at University Institute of Computing (UIC) of Chandigarh University, Devesh Panwar also won a cash award of Rs 1 lakh along with a laptop, and exclusive Samsung rewards for achieving this remarkable milestone under the Samsung Innovation Campus AI Program.
“Being named ‘AI State Topper’ was a moment of profound pride and validation for me. Hard work, intense technical training and a passion for AI culminated in the immense honor of the Punjab State Topper title. Besides getting access to state-of-the-art tools to fuel my future research and development endeavor, I gained world-class knowledge during the Samsung Innovation Campus (SIC) AI Program. It helped me in gaining hands-on experience and applied AI to solve real-world challenges, especially in aeronautical and technical domains,”
During Samsung Innovation Campus (SIC) AI Program, Devesh and his team worked on innovative AI capstone project which was presented before the jury panel as part of the final assessment.
“Our team developed the advanced AI-powered system AI Research Agent, a Retrieval-Augmented Generation (RAG) platform designed for intelligent querying of private document collections. Organizations, researchers, legal professionals, and HR teams often work with large collections of documents. Traditional search methods rely heavily on keyword matching and require significant manual effort to locate relevant information. The project was developed to address the limitations of traditional document search systems, which often struggle with contextual understanding, retrieval accuracy, learning adaptability, and response speed,” said Devesh.
“The developed system demonstrated significant improvements over traditional document retrieval approaches with faster response generation with integration of modern AI techniques, full-stack development, database systems, and intelligent automation into a single practical solution. By combining modern RAG architecture with innovative retrieval and reasoning mechanisms, this system provides a fast, intelligent, and user-friendly solution for knowledge discovery and resume evaluation. This project not only enhanced our technical expertise in Artificial Intelligence and Full-Stack Development but also strengthened our problem-solving, teamwork, and professional communication skills. It stands as a significant achievement of our Samsung Innovation Campus 2025 journey and reflects our commitment to building impactful AI solutions for real-world challenges,” he added.
Congratulating Devesh Panwar for being named “Punjab State Topper” AI under the Samsung Innovation Campus Samsung Innovation Program, Deepinder Singh Sandhu, Senior Managing Director, Chandigarh University, said, “Devesh’s achievement reflects Chandigarh University’s focus on experiential learning and industry-academia collaboration. Through the Samsung Innovation Campus AI Program, CU students gain practical exposure to AI and building solutions for real-world challenges. This accomplishment reflects not only Devesh’s commitment to excellence but also the growing culture of innovation and industry-oriented learning at Chandigarh University,”.
“Since its inception, Chandigarh University has set benchmarks for world-class education with its dynamic hands-on experiential learning model, industry-aligned programs, dynamic fraternity, state-of-the-art infrastructure facilities and impeccable placements. Samsung Innovation Program is also part of our initiatives to develop a future-ready talent pool equipped with advanced capabilities in AI, loT, Big Data, and Coding and Programming. By bridging the gap between theoretical learning and real-world application, this collaboration helps in providing CU’s computer science and computing students exposure to cutting-edge and emerging technologies. CU’s this partnership with Samsung is focused on building future-ready talent equipped with industry-relevant skills in AI and emerging technologies,” Sandhu said.
He said Chandigarh University’s Institute of Computing (UIC) prepares students for a successful career in computing, to create and disseminate computing knowledge and technology. “Chandigarh University carries a vision of crafting next-gen IT professionals who can take up industry challenges effectively and our Institute of Computing (UIC) prepares students for a successful career in computing, to create and disseminate computing knowledge and technology. UIC’s hands-on approach paves the way for a smooth transition to the workforce after graduation. Our students are equipped with the best knowledge, skills and passion to succeed in any number of computing careers. CU’s Institute of Computing renders cutting-edge education ranging from the expertise in traditional software development -to- modern computing technologies. Fully-equipped industry-sponsored labs, industry-aligned curriculum, and accreditations and validations by top companies such as Intel, Microsoft, Google Android, Red Hat etc. give our students an exclusive edge over others,” the Chandigarh University CMD said.
Sandhu said the latest edition of QS World University Rankings has yet again reaffirmed Chandigarh University global standing as a top educational institution. “Continuing its remarkable rise among the world’s leading higher education institutions, Chandigarh University (CU) has made impressive strides in the latest edition of prestigious QS World University Rankings 2027 by securing an overall world rank of 526, an increase of 49 ranks as compared to 575th rank in QS’ 2026 Rankings. This is for the fifth consecutive year that Chandigarh University’s global rankings have witnessed an impressive surge with CU’s world rank going up by an impressive 274 ranks — from the 800th rank in 2023 to 526th in 2027’s Rankings,”.
“As per the latest QS World University Rankings, with All India Rank of 13 among all universities in the country as compared to 16th rank in 2026’s rankings, Chandigarh University now ranks among the top 1% of universities in India and the top 2% of universities in the World, underscoring its growing reputation as a leading institution of higher learning, both in India and globally,” he added.
About Chandigarh University
Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.
Website address: https://www.cuchd.in/
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