LTL market set to grow by $110.7 bn from 2025 to 2029
Owing to the growth in the e-commerce and retail sectors, the less than truckload (LTL) market is estimated to grow by $110.7 billion from 2025 to 2029. According to a report, the growth momentum will be progressing at a CAGR of 6.8% during the forecast period. However, the rising prices of LTL carriers is likely to hamper the market growth.