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In 2020, the European road freight market was sized at billion euros. Forecasts for 2021 suggest the market to increase even further, climbing to around billion euros. This growth is in line with the positive trend recorded between 2010 and 2020. Figures had seen year-on-year increases in every year except for 2012. By the end of 2021, the road freight market will have seen an overall increase of **** percent compared to 2010.

European road freight market

Freight was transported across some 1,764 billion kilometers of European roads in 2019. In the European Union, approximately **** percent of all inland freight was moved via roads in 2018. In recent years, the share of road freight increased incrementally, while rail transportation declined.

DHL is the largest logistics company in Europe

In 2020, Deutsche Post DHL was the leading goods moving company in Europe. In that year, it generated over **** billion euros in revenue in Germany alone, which put it ahead of its nearest German competitor – Deutsche Bahn. Denmark’s Maersk Group was the third greatest performing European company, with over **** billion euros.