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Canada
August 2026

Canada Logistics Market Size, Share & Forecast, By Service Type, Mode of Transport & End-Use Industry, 2026–2032

2032

The Canada Logistics Market worth USD 112 billion in 2025 is growing at a CAGR of 4.46% to reach USD 145 billion by 2031. TFI International, Canadian National Railway, Canadian Pacific Kansas City, Purolator and Mullen Group are the major companies operating in this market.

Report Details

Base Year

2025

Pages

96

Region

Canada

Author

Ken Research

Product Code
KR-RPT-V02-07761

CHAPTER 1 - MARKET SUMMARY

Market Overview

The Canada Logistics Market covers for-hire freight transportation, warehousing, contract logistics, parcel delivery, freight forwarding and customs-related services, while excluding passenger transport, pipeline transportation, infrastructure construction and internal corporate logistics cost centres. The broader transportation and warehousing sector generated approximately USD 70.4 billion of direct GDP in 2024 after annual-average currency conversion and supported almost one million jobs, demonstrating logistics' economy-wide commercial relevance.

Central Canada remains the principal inland logistics hub because Ontario and Quebec together account for approximately 70% of Canadian manufacturing GDP. Dense manufacturing, retail and consumer markets combine with the Great Lakes-St. Lawrence corridor, major airports, rail terminals and the country's busiest land-border crossings. This concentration improves shipment density and network economics while making Toronto-Montreal corridor capacity strategically important for national distribution.

Market Value

USD 112 billion

2025

Dominant Region

Central Canada

Dominant Segment

Freight Transportation; fastest growing: Courier, Express & Parcel

Total Number of Players

212,065

Future Outlook

The Canada Logistics Market is projected to advance from USD 112 billion in 2025 to approximately USD 152 billion by 2032, representing a 4.46% forecast CAGR. The trajectory is stronger than the 0.9% modelled increase in the 2025 base year as overseas trade, e-commerce fulfillment and gateway infrastructure investment normalize freight demand. A public market benchmark independently places the 2025 market at USD 111.66 billion, 2026 at USD 116.63 billion and 2031 at USD 145.05 billion, closely bracketing the report's locked market model.

Value growth is expected to exceed physical freight activity growth as complex fulfillment, cross-border compliance, temperature-controlled logistics and technology-enabled managed services increase revenue per shipment. The report models the freight activity index rising from 100.0 in 2025 to 116.5 in 2032, equivalent to roughly 2.21% annual volume growth, while market value expands at 4.46%. Policy support strengthens the investment case: the federal Trade Diversification Corridors Fund provides approximately USD 3.6 billion over seven years after annual-average currency conversion, targeting ports, airports, railways, digital infrastructure and trade-enabling corridors that can improve capacity and reliability.

4.46%

Forecast CAGR

$152,000 Mn

2030 Projection

Base Year

2025

Historical Period

2020-2025

Forecast Period

2025-2032

Historical CAGR

4.47%

CHAPTER 2 - SCOPE OF REPORT

Scope of the Market

Click to Explore Interactive Mind Map

CHAPTER 3 - Key Stakeholders

Key Target Audience

Key stakeholders who can leverage from this market analysis for investment, strategy, and operational planning.

Investors

CAGR, consolidation, margins, capex, utilization, corridor exposure, returns, risk

Corporates

freight rates, SLA performance, network coverage, fulfillment, resilience, procurement

Government

corridor capacity, trade diversification, productivity, emissions, security, infrastructure resilience

Operators

route density, utilization, dwell time, automation, service mix, pricing

Financial institutions

leverage, cash flow, asset quality, covenants, consolidation, demand stability

What You'll Gain

  • Market sizing and trajectory
  • Trade corridor opportunity mapping
  • Segment economics and levers
  • Competitive landscape shortlist
  • Operational KPI benchmarks
  • CEO-grade risk priorities

80+

Pages of insights

CHAPTER 4 - Market Size & Growth

Market Size, Growth Forecast and Trends

This section evaluates the historical market size, analyzes year-over-year growth dynamics, and presents forecast projections supported by market performance indicators and demand-side drivers.

Historical & Projected Market Size ($ Million)

Year-over-Year Growth Rate (%)

Market Value vs Volume Growth (%)

Historical Market Performance (2020-2025)

Market value increased from USD 90,000 Mn in 2020 to USD 112,000 Mn in 2025, producing a 4.47% historical CAGR. The strongest annual increases occurred in 2021 and 2022 at 7.8% and 8.2%, respectively, reflecting post-pandemic inventory rebuilding, elevated freight pricing and restored goods flows. Growth then normalized to 2.9% in 2023 and 2.8% in 2024 before slowing to 0.9% in 2025 as Canada-US surface freight softened. The independently published 2025 benchmark of USD 111.66 billion validates the report's rounded base-year estimate.

Forecast Market Outlook (2025-2032)

Growth is expected to reaccelerate to 4.5% in 2026 and remain broadly within a 3.9%-4.9% annual range through 2032, taking the market to USD 152,000 Mn. The 4.46% forecast CAGR exceeds the modelled 2.21% annual expansion in the freight activity index, implying continued mix uplift from contract logistics, fulfillment, brokerage, compliance and time-sensitive services. The forecast also reflects stronger overseas freight corridors, with non-U.S. exports having increased 16% in 2025 and international air cargo and West Coast marine volumes gaining importance.

CHAPTER 5 - Market Data

Market Breakdown

The Canada Logistics Market is moving from a post-pandemic normalization cycle into a more balanced expansion phase driven by trade diversification, fulfillment density and multimodal gateway investment. For CEOs and investors, value creation increasingly depends on network productivity, shipment mix and the ability to capture higher-value services around physical freight flows.

Market Breakdown

Historical Data (2020-2024) • Base Data (2025) • Forecast Data (2026-2032)

Year
Market Size (USD Mn)
YoY Growth (%)
Cross-Border Trucks Entering Canada (Mn)
Air Cargo Volume (Bn kg)
Freight Activity Index (2025=100)
Period
2020$90,000 Mn+-5.031.24
$#%
Forecast
2021$97,000 Mn+7.8%5.411.37
$#%
Forecast
2022$105,000 Mn+8.2%5.331.54
$#%
Forecast
2023$108,000 Mn+2.9%5.391.52
$#%
Forecast
2024$111,000 Mn+2.8%5.331.60
$#%
Forecast
2025$112,000 Mn+0.9%5.071.65
$#%
Forecast
2026$117,000 Mn+4.5%--
$#%
Forecast
2027$122,000 Mn+4.3%--
$#%
Forecast
2028$128,000 Mn+4.9%--
$#%
Forecast
2029$133,000 Mn+3.9%--
$#%
Forecast
2030$139,000 Mn+4.5%--
$#%
Forecast
2031$145,000 Mn+4.3%--
$#%
Forecast
2032$152,000 Mn+4.8%--
$#%
Forecast

Cross-Border Trucks Entering Canada

5.07 million trucks, 2025, Canada. Lower road activity highlights exposure to North American manufacturing cycles. Rail freight linked to the United States also fell 9.5% in 2025, reinforcing the case for diversified corridor portfolios.

Air Cargo Volume

1.65 billion kg, 2025, Canada. Overseas air freight is becoming more important for high-value logistics. Non-U.S. international air cargo reached approximately 602.8 million kg in 2025, materially above 2024 levels.

Freight Activity Index

100.0, 2025, Canada. The index provides a normalized cross-modal volume indicator. West Coast container dwell times improved from 8.5 days in February 2025 to 3.7 days in December, demonstrating operating leverage available from better network fluidity.

CHAPTER 6 - Segmentation

Market Segmentation Framework

Comprehensive analysis across key dimensions providing insights into market structure, consumer preferences, and distribution patterns.

No of Segments

7

Dominant Segment

Service Type

Fastest Growing Segment

Shipment Flow

Service Type

Freight Transportation
$%
Warehousing & Contract Logistics
$%
Courier, Express & Parcel
$%
Freight Forwarding & Customs Brokerage
$%

Mode of Transport

Road Freight
$%
Rail Freight
$%
Marine Freight
$%
Air Freight
$%

Shipment Flow

Domestic Intracountry
$%
Canada-US Cross-Border
$%
Overseas Import
$%
Overseas Export
$%

Customer Type

Large Enterprise Shippers
$%
Mid-Market Shippers
$%
Small Business & E-Commerce Merchants
$%
Public-Sector & Institutional Shippers
$%

End-Use Industry

Retail, E-Commerce & Consumer Goods
$%
Manufacturing & Automotive
$%
Agriculture, Food & Healthcare
$%
Energy, Mining & Industrial Resources
$%

Business Model

Asset-Based Carrier
$%
Non-Asset-Based 3PL
$%
Dedicated Contract Logistics
$%
Integrated Parcel Network
$%

Geography

Central Canada
$%
Pacific Canada
$%
Prairie Canada
$%
Atlantic & Northern Canada
$%

Key Segmentation Takeaways

Comprehensive analysis across all extracted segmentation dimensions providing insights into market structure, consumer preferences, and distribution patterns.

Service Type

Freight Transportation remains the largest revenue pool because Canada's geography, commodity exports, North American manufacturing linkages and port-to-inland corridors require substantial physical linehaul capacity. Public market benchmarking places freight transport at about three-fifths of sector revenue, while warehousing, parcel and forwarding services increasingly monetize shipment visibility, fulfillment, compliance and specialized handling around the underlying freight movement.

Shipment Flow

Overseas Export is the structurally fastest-growing flow within the taxonomy as exporters diversify destinations beyond the United States. Non-U.S. exports rose 16% in 2025, strengthening demand for rail-to-port connections, marine freight, air cargo, forwarding and customs capabilities. Operators with gateway capacity and multimodal inland connectivity are therefore positioned to capture a larger share of incremental logistics spend.

CHAPTER 7 - Regional Analysis

Regional Analysis

Canada ranks as a mid-sized logistics market among selected advanced and North American peers. Its market is substantially smaller than the United States but comparable with Mexico, the United Kingdom and Australia, while its freight intensity is supported by high merchandise trade volumes, long domestic distances and globally connected rail-port corridors.

Focus Country Ranking

4th

Focus Country Market Size

USD 112 Bn (2025)

Canada CAGR (2026-2031)

4.45%

Regional Analysis (Current Year)

Regional Analysis Comparison

MetricUnited StatesUnited KingdomMexicoCanadaAustralia
Market Size (USD Bn, 2025)1,38114212411299
Forecast CAGR (2026-2031)3.80%2.71%5.39%4.45%4.16%
Merchandise Trade (USD Bn, 2025)5,6811,5081,3301,122642
Trade Digitalization Index (2024, %)82.22%82.22%-75.56%93.33%

Market Position

Canada ranks 4th among the five selected peers at USD 112 billion in 2025, ahead of Australia but below Mexico, the United Kingdom and the much larger United States.

Growth Advantage

Canada's 4.45% 2026-2031 CAGR exceeds the United States at 3.80% and United Kingdom at 2.71%, while trailing Mexico's 5.39% and modestly exceeding Australia's 4.16%.

Competitive Strengths

Canada combines a 16% increase in non-U.S. exports in 2025, 170.4 MMT of Vancouver port throughput and approximately USD 3.6 billion of planned corridor funding, strengthening multimodal gateway economics.

CHAPTER 8 - INDUSTRY ANALYSIS

Growth Drivers, Challenges & Opportunities

Comprehensive analysis of key factors shaping the Canada Logistics Market, including growth catalysts, operational challenges, and emerging opportunities across production, distribution, and consumer segments.

Growth Drivers

Trade Diversification and Gateway Investment

  • Non-U.S. exports reached approximately USD 153 billion (2025, Canada) after annual-average currency conversion, enlarging addressable freight forwarding, marine, rail and air-cargo revenue pools beyond traditional U.S. lanes.
  • The Trade Diversification Corridors Fund provides approximately USD 3.6 billion over seven years (2025 policy, Canada), supporting ports, rail, airports and digital infrastructure that can unlock capacity and reduce shipper bottlenecks.
  • Rail traffic linked to Mexico increased 25% to 3.0 million tonnes (2025, Canada), creating a measurable growth corridor for transnational rail and intermodal operators with integrated North American networks.

E-Commerce Fulfillment and Parcel Density

  • E-commerce operating revenue reached approximately USD 53.8 billion (2024, Canada) after annual-average currency conversion, supporting higher warehouse throughput and direct-to-consumer delivery frequency.
  • Payroll employment in couriers and messengers increased 9.5% year over year (December 2025, Canada), signaling capacity expansion in parcel networks despite weakness in several traditional freight categories.
  • Warehousing and storage payroll employment expanded 8.3% year over year (December 2025, Canada), supporting investment in fulfillment, inventory staging and contract logistics capacity close to major consumer markets.

High-Value Air and Intermodal Freight

  • Non-U.S. international air cargo reached 602.8 million kg (2025, Canada), supporting specialized forwarding, airport warehousing, security screening and premium international handling revenues.
  • Air cargo volumes linked with Europe increased to more than 205,000 tonnes (2025, Canada), versus nearly 190,000 tonnes in 2024, improving utilization on higher-yield long-haul lanes.
  • Western-port-linked rail traffic reached 137 million tonnes (2025, Canada), demonstrating the scale of rail-port interdependence as overseas commodity and container flows rise.

Market Challenges

Productivity and Automation Gap

  • Canada scored 75.56% on the Trade Digitalization Index (2024, Canada), below the United States and United Kingdom at 82.22%, indicating continued reliance on fragmented documentation and manual processes.
  • Canada has no meaningful automated container-port capacity (2025, Canada) while around 8% of global container-terminal capacity is partially automated, limiting throughput productivity relative to leading gateways.
  • Transportation net assets have expanded only about 1.6% annually since 1981 (Canada) versus approximately 2.4% economic growth, contributing to persistent infrastructure-capacity and productivity pressure.

Cross-Border Volatility and Network Bottlenecks

  • Rail freight associated with the United States fell 9.5% to 106 million tonnes (2025, Canada), pressuring asset utilization on historically dense continental manufacturing lanes.
  • East Coast container dwell reached 9.3 days in February 2025 (Canada) before falling to 3-5 days later in the year, demonstrating the financial sensitivity of gateway operations to disruption and congestion.
  • Exports to the United States decreased 5% to approximately USD 405 billion after conversion (2025, Canada), weakening freight demand in automotive, metals and other cross-border manufacturing supply chains.

Carbon, Security and Labour Cost Pressures

  • Road transportation generated 120 Mt CO2e (2024, Canada), or 79% of transport emissions, placing fleet efficiency, alternative fuels and route optimization at the centre of long-term operating economics.
  • The PACT air-cargo program became mandatory on April 1, 2025 (Canada), requiring carriers to integrate risk-data submission and screening processes before inbound cargo is loaded.
  • The transportation and warehousing job-vacancy rate was 2.5% in December 2025 (Canada), below pandemic-era peaks but still accompanied by shortages in specialized trucking, rail, marine and aviation occupations.

Market Opportunities

Supply Chain Digitalization and Automation

  • The monetizable angle is workflow automation, visibility, digital documentation and control-tower services, particularly because Canada's 75.56% Trade Digitalization Index (2024) leaves a measurable gap versus leading peers.
  • Operators and technology investors benefit from low automation penetration: only 72 of roughly 850 global container terminals were partially automated (2025), while Canada lacked meaningful automated capacity.
  • Opportunity realization requires interoperable systems and data adoption across ports, railways, carriers and shippers; the federal program funded 19 digital projects (2024, Canada) specifically to improve transportation-supply-chain efficiency and reliability.

Overseas Gateway and Export Logistics

  • Investors and operators can target Pacific gateway capacity as Vancouver throughput increased 8% to 170.4 MMT (2025, Canada), raising demand for rail, drayage, transload and warehousing services.
  • Prince Rupert container traffic increased 20% to 885,797 TEUs (2025, Canada), benefiting operators that can connect Pacific container flows to inland distribution through rail and intermodal services.
  • Infrastructure and service capacity must expand to capture the opportunity; federal policy aims to generate approximately USD 215 billion equivalent of additional overseas trade over a decade using annual-average 2025 conversion.

Consolidation in Fragmented Logistics Services

  • Truck transportation is exceptionally fragmented, with 99.5% of 153,867 establishments employing fewer than 100 people (2025, Canada), supporting roll-up economics for scaled platforms with procurement and technology leverage.
  • Strategic acquirers can capture route density and service breadth; TFI International reports 142 acquisitions since 2008 (North America), demonstrating acquisition-led scaling as a durable logistics operating model.
  • Mullen Group's Logistics & Warehousing segment increased 27.2% year over year in Q4 2025, with acquisitions providing most incremental segment revenue, illustrating how consolidation can accelerate growth despite softer organic freight demand.

CHAPTER 9 - Competitive Landscape

Competitive Landscape Overview

The Canada Logistics Market is fragmented overall, but national-scale rail, parcel, trucking and contract-logistics networks create meaningful entry barriers through terminal density, fleet investment, customer relationships, compliance capability and technology.

Market Share Distribution

TFI International
Canadian National Railway (CN)
Canadian Pacific Kansas City (CPKC)
Canada Post Corporation

Top 5 Players

1
TFI International
!$*
2
Canadian National Railway (CN)
^&
3
Canadian Pacific Kansas City (CPKC)
#@
4
Canada Post Corporation
$
5
Purolator Inc.
&@$
Combined Share$%

Market Dynamics

Local Players70%
Regional/Int'l30%

8 new entrants in the past 5 years, indicating strong market attractiveness and growth potential.

Company Profiles (Top 10 Players)
Company Name
Market Share
Headquarters
Founding Year
Core Market Focus
TFI International
---LTL, truckload, logistics, parcel and specialized transportation through a decentralized North American operating-company network
Canadian National Railway (CN)
-Montreal, Quebec, Canada1919Rail freight, intermodal, bulk commodities, automotive and port-connected transportation across Canada and the United States
Canadian Pacific Kansas City (CPKC)
-Calgary, Alberta, Canada2023Single-line Canada-US-Mexico rail freight, intermodal, automotive, grain and cross-border logistics
Canada Post Corporation
--1981National parcel, postal delivery, e-commerce distribution and universal-address delivery network
Purolator Inc.
-Mississauga, Ontario, Canada1960Express parcel, freight, courier, cross-border logistics, customs brokerage and forwarding
UPS Canada
--1975Parcel delivery, international express, cross-border shipping and integrated logistics services
FedEx Express Canada
-Mississauga, Ontario, Canada1987Domestic and international express, air cargo, parcel distribution and time-definite delivery
DHL Supply Chain Canada
---Contract logistics, warehousing, fulfillment, transport management and sector-specific supply-chain solutions
Day & Ross
-Hartland, New Brunswick, Canada1950LTL, truckload, cross-border transport, dedicated fleets, logistics and residential delivery
Mullen Group Ltd.
-Okotoks, Alberta, Canada1949LTL, truckload, logistics, warehousing, distribution, customs brokerage and specialized transportation

Cross Comparison Parameters

The report provides detailed cross-comparison of key players across 10 performance parameters to identify competitive strengths and weaknesses.

1

On-Time Delivery Rate

2

Network Utilization

3

Revenue Growth

4

EBITDA Margin

Analysis Covered

Market Share Analysis:

Assesses revenue concentration across national, regional and specialist logistics operators

Cross Comparison Matrix:

Benchmarks operating efficiency, network scale, growth and profitability across competitors

SWOT Analysis:

Identifies network advantages, capability gaps, risks and strategic growth options

Pricing Strategy Analysis:

Compares contract, spot, surcharge and value-added service pricing approaches systematically

Company Profiles:

Reviews operating footprint, capabilities, positioning and strategic priorities by player

CHAPTER 10 - REPORT TOC

Table of Contents

96Pages
34Chapters
10Companies Profiled
7Segmentation Types

Phase 1
Market Assessment Phase

11

Chapters

Supply-side and competitive intelligence covering market sizing, segmentation, competitive dynamics, regulatory landscape, and future forecasts.

Phase 2
Go-To-Market Strategy Phase

15

Chapters

Entry strategy evaluation, execution roadmap, partner recommendations, and profitability outlook.

Complete Report Coverage

201+ detailed sections covering every aspect of the market

143

Assessment Sections

58

Strategy Sections

CHAPTER 11 - Our Approach

Research Methodology

Desk Research

  • Canadian freight corridor throughput analysis
  • Carrier financial disclosure benchmarking review
  • Transport establishment universe mapping exercise
  • Trade and fulfillment demand assessment

Primary Research

  • Fleet operations directors interview program
  • Contract logistics directors expert interviews
  • Supply chain directors shipper interviews
  • Freight forwarding managers expert interviews

Validation and Triangulation

  • 270 validated industry respondents across Canada
  • Cross-modal operating KPI reconciliation process
  • Company revenue universe consistency testing
  • Demand-side freight intensity sanity checks

CHAPTER 12 - FAQ

FAQs

Still have questions?

Our research team is here to help you find the right solution

Contact Research Team

CHAPTER 13 - Related Research

Explore Related Reports

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