This case study investigates the potentials, greenhouse gas (GHG), and energy performance of forest residue biofuels produced by new and emerging production technologies, which are commercially implemented in Sweden for heavy transport. The biofuel options included are ethanol (ED 95), hydro-processed vegetable oil (HVO), and liquefied biogas (LBG) produced from logging residues in forestry and sawdust generated in sawmills. The calculated life cycle GHG emissions, based on the EU Renewable Energy Directive calculation methodology, for all three pathways are in the range of 6−11 g CO2eq./MJ, corresponding to 88−94% GHG emission reductions as compared to fossil fuel. Critical parameters are the enzyme configuration for ethanol, hydrogen supply systems and bio-oil technology for HVO, and gasifier size for LBG. The energy input is ranging from 0.16 to 0.43 MJ/MJ biofuel and the total conversion efficiency from the feedstock to biofuel, including high-value by-products (excluding heat), varies between 61 and 65%. The study concludes that the domestic biofuel potential from estimated accessible logging residues and sawdust is equivalent to 50−100% of the current use of fossil diesel in heavy-duty road transport in Sweden, depending on the biofuel production technology selected and excluding energy by-products. Thus, an expansion of forest-based biofuels is a promising strategy to meet the ambitious climate goals in the transport sector in Sweden.