USA, New Jersey: According to Verified Market Research analysis, the global United States Less-Than-Truck-Load (LTL) Market size is reached a valuation of USD 55.43 Billion in 2024, with projections to achieve USD 87.02 Billion by 2032, demonstrating a CAGR 5.8%
The growth in the LTL market will push logistics and supply chain companies to heavily invest in AI for optimizing routes, consolidating shipments, and improving delivery times to remain competitive and reduce operational costs. AI solutions targeting load matching, real-time visibility, and dynamic pricing will be highly valuable in this sector.
Operators need to explore and implement AI solutions to handle the projected growth in the LTL market. This includes adopting AI-powered route optimization to minimize fuel consumption and delivery times, implementing predictive maintenance to reduce downtime, and deploying robotic process automation (RPA) in warehousing for increased throughput and accuracy. Failure to adopt these technologies risks being outcompeted by those that do.