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[English Market Research Report] Global Market for Freight Truck Transportation

Global Freight Trucking Market

The global freight truck transportation market was valued at approximately 2.732 trillion USD in 2021 and is expected to grow at a healthy growth rate of over 5.1% during the forecast period from 2022 to 2029. Freight truck transportation refers to the application of large trucks for transporting goods, commodities, and other freight from one location to another. Freight trucks are designed to efficiently transport large volumes of cargo. Additionally, these trucks are equipped with integrated refrigeration systems to facilitate the transport of temperature-sensitive cargo. The expansion of the global e-commerce sector, the increasing use of telematics in vehicles, and the strategic initiatives of key market players are major factors accelerating market growth.

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