The Texas Freight and Logistics Market size is estimated at USD 93.07 billion in 2024, and is expected to reach USD 115.10 billion by 2029, growing at a CAGR of 4.34% during the forecast period (2024-2029).
The market is driven by the geographical placement of the state and the enormous transportation of goods within and out of the country that happens via Texas. Furthermore, the market is also driven by a large number of ports present in Texas.
The Texas freight and logistics market is fragmented, with a large number of local players. The major players are Ceva Logistics, XPO Logistics Inc, C H Robinson Worldwide, Americold Logistics, and Kintetsu World Express, amongst many others. Major international players (like Ceva, XPO, and UPS) present in the region are expected to try and consolidate the market to gain a higher market share. The increase in freight tonnage through roadways and ports of the country is expected to create more opportunities in the market. Furthermore, the companies providing better services will outplay other players in the market
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