Emerging Trends in Market 2020 and Global Foreseen Till 2025 | Analysis by Top Key Vendors – CEVA Logistics, Agility, APL Logistics

Global Contract Logistics Market overview:

The report " Contract Logistics Market” The quick adoption of advanced Analytics and Visualization and the expand use of outward data sources are the major drivers of the Contract Logistics Market. The report high Point, Potential Growth Opportunities in the coming years and covers a review of the Market Drivers, Growth Measure, Competitive Landscape, Market Dynamics, Opposition and other Feature to the Contract Logistics Market.

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Contract Logistics can be defined as the set of processes that occur starting from production to distribution at the final point of sale. Contract Logistics does not only involve the process of moving goods as it is a more broad course of action that amalgamates conventional logistics with supply chain management processes. Contract logistics is the outsourcing of resource management tasks to a third-party company, these tasks can include activities ranging from designing facilities, transporting and distributing goods to designing and planning supply chains as well as managing inventory.

On the basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Land Transportation, Air Transportation, Sea Transportation. Based on End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Small Enterprises, Large Enterprises.

Furthermore, speedy growth of the manufacturing industry and their focus positioned on core competencies, escalating needs for task optimizations, achieving cost efficiency, and technological integrations relating to supply chain activities positively propel market growth. There are certain restraints and challenges faced which will hinder the overall contract logistics market growth. The factors such as possible miscommunication leading to misinterpretation of facts, data, and information pose a significant problem, which creates difficulties in handling the logistics database.

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Asia Pacific was a prominent market for Contract Logisticss in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Contract Logistics market in Asia Pacific. There are several manufacturers of Contract Logisticss in Europe and North America. In North America, the demand for Contract Logisticss is primarily driven by the residential sector. Improved standards of living and rising usage of Contract Logisticss for flooring purpose are anticipated to drive the market in North America.

Some of the major players that operate in the Global Contract Logistics Market  are Kuehne + Nagel, CEVA Logistics, Agility, APL Logistics, GAC, DB Schenker Logistics, DHL Supply Chain, Tibbett & Britten Group, DSV, Fiege Logistik, Panalpina, Penkse Logistics, Rhenus, Ryder, SNCF Logistics, Toll Global Logistics, UPS Supply Chain Solutionsl XPO Logistics.

Latest Industry Updates:

Agility :- a leader in electrified powertrain solutions for Class 8 commercial vehicles, announced today the launch of its Hypertruck Electric Range Extender (ERX), a long-haul, fully electric powertrain delivering superior performance, emissions reductions and cost-savings to the global trucking industry.

Hypertruck ERX, The launch of the Hypertruck ERX is anchored by Agility, one of the world’s leading logistics companies with $5.2 billion in revenue and offices in 100 countries. Agility has confirmed a pre-order of up to 1,000 trucks and has agreed to invest in a private offering of securities to be issued by Tortoise Acquisition Corp. (NYSE: SHLL) in connection with Hyliion’s recently announced business combination.

“Hyliion is leading the way in electrified trucking. Our practical solution addresses the most important needs of today’s fleets: cost savings, lower emissions and a fueling infrastructure that can support long-haul transportation,” said Hyliion’s CEO and founder, Thomas Healy. “We’re already seeing robust interest in the Hypertruck ERX from fleets like Agility who are looking for electric solutions that can be seamlessly integrated.”

Combined with a fully electric drivetrain and a natural gas-powered onboard generator to recharge the battery, the Hypertruck ERX will provide more than 1,000 miles of range. The powertrain also produces electricity locally at roughly 30 percent less than the average grid cost, which yields a seven-year cost-of-ownership unmatched by any diesel, battery-electric (BEV) or hydrogen fuel-cell (FCEV) Class 8 truck under development

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Table of Contents:

1 Contract Logistics Definition

2 Global Contract Logistics Market Major Player Share and Market Overview

3 Major Player Contract Logistics Business Introduction

4 Global Contract Logistics Market Segmentation (Region Level)

5 Global Contract Logistics Market Segmentation (Product Type Level)

6 Global Contract Logistics Market Segmentation (Industry Level)

7 Global Contract Logistics Market Segmentation (Channel Level)

8 Contract Logistics Market Forecast 2020-2024

9 Contract Logistics Segmentation Type

10 Contract Logistics Segmentation Industry

11 Contract Logistics Cost Analysis

12 Conclusion

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