Press release
Contract Logistics Market 2020 Analysis, Developments and Growth Opportunity- XPO Logistics Inc, CEVA Logistics
The report entitled "Global Contract Logistics Market: Size, Trends & Forecasts (2019-2023)", provides analysis of the global Contract Logistics, with detailed analysis of market size and growth. The analysis includes the market by value, by region, by segment, volume by region and by end uses. The report also provides the analysis of the global Contract Logistics market of Asia Pacific (APAC), North America, Europe, Middle East & Africa (EMEA), and South America regions.Market includes analysis of the global contract logistics market in terms of value followed by analysis of its various segments. A global analysis of the larger logistics market has also been included in the report in order to highlight the position of contract logistics with respect to the overall market.
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Moreover, the report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall contract logistics market has also been forecasted for the years 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
XPO Logistics Inc, CEVA Logistics are some of the key players operating in the global Contract Logistics, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.
Latest market Developments:
Feb. 06, 2020: XPO Logistics Inc (GLOBE NEWSWIRE): XPO LOGISTICS WINS WAITROSE & PARTNERS CONTRACT FOR MULTI-SERVICE REGIONAL AND NATIONAL DISTRIBUTION
Country Coverage
Asia Pacific
North America
Europe
South America
Company Coverage
Deutsche Post DHL Group (DHL Supply Chain)
Kuehne + Nagel Group
XPO Logistics Inc
CEVA Logistics
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Contract logistics is a an activity wherein a manufacturer outsources activities pertaining to logistics and distribution to specialized vendors known as contract logistics providers. They hold expertise in offering services such as management of inventory, cross-docking, door-to-door delivery, and packaging of products. Warehousing, transportation, fulfillment and logistics are the essential components of contract logistics.
The global contract logistics market can be segmented on the basis of mode of transportation, type of service and type of end user. On the basis of mode of transportation, the market can be split into roadways, railways, airways and waterways. Domestic transportation management, international transportation management, dedicated contract carriage and warehousing, distribution and packaging are the sub categories of the market under the services segment. On the basis of end user, the market can be divided into manufacturing, automobile, retail & consumer goods and healthcare.
The contract logistics market is forecasted to grow at a healthy rate during the forecast period (2019-2023). The market is supported by various growth drivers such as boost in trading activities due to globalization, hike in number of regional trade agreements (RTAs), rising sales of products through e-commerce platforms and spike in reverse logistics operations. Risk to an organizations reputation and rising driver compensation are some of the challenges confronted by the market.
Scope of Big Data, increasing interest for automation in the contract logistics industry and spike in the Mergers and Acquisitions (M&A) activity are some of the latest trends existing in the market that have been captured in this report.
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Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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