Freight Transport Management Market Size, Status, Demand and Global Outlook 2021- JDA Software, PLC, DSV A/S, Manhattan Associates

The Freight Transport Management Market is expected to register a CAGR of 9.8% over the forecast period (2021 - 2026).

Request for PDF Brochure:

https://www.marketinsightsreports.com/reports/05202907371/freight-transport-management-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=S21

One major trend that has emerged in international freight transport in these challenging times is the increase in the number of freight trains between China and Europe. According to the Ministry of Commerce of China, freight trains between China and Europe increased by 15% to 1,941 and number of containers transported by 18% to 174,000 in the first quarter of 2020. While all other modes of international freight transport have been adversely affected by the pandemic- the increase in freight carried by railways is not surprising, given its distinct features that are working to its advantage in the current situation.

Top leading Manufacturers Profiled in Freight Transport Management Market Report are: JDA Software, PLC, DSV A/S, Manhattan Associates, Ceva Logistics, etc.

Regional Analysis for Freight Transport Management Market:

For a comprehensive understanding of market dynamics, the global Freight Transport Management market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.

Avail Discount at-

https://www.marketinsightsreports.com/reports/05202907371/freight-transport-management-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/discount?Mode=S21

North America is Expected to Hold a Major Share in Market

- The United States is estimated to make a major contribution in the region. The share is attributed to the rise in the retail sector due to many firms moving toward the online channel. With an advancement of technology in IT and cloud computing sector, the United States is continuously growing in the freight transport business.

- With globalization, owing to the growing digitalization and increasing adoption of Internet of Things (IoT) by various industries, the North American freight transport management solution market picked up momentum, especially in the United States. The road freight transportation market in North America is one of the matured markets in the world.

- Almost 70% of the freight movement (in tonnage) in the United States is done by trucks and is expected to increase by 45% by 2040, requiring additional highways, railroads, ports, and pipelines and improvements to multi-modal connections that move freight efficiently, according to the US Department of Transportation.

What is the Impact of Covid-19 Outbreak on the Freight Transport Management?

- Optimistic Scenario: COVID-19 is contained by May or June, With Normalcy returning to global operations through the End of Q2.
- Conservative Scenario: COVID-19 Remains Prevalent, with Continued Impacts Lasting into Q4.
- Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Global Freight Transport Management.
- Freight Transport Management Market Size in 2021
- Corporate Strategy the Manufacturers Should Be Thinking About Right Now.

Recent Developments

- May 2020 - The number of China-Europe freight trains originating in Xian reached 1,000 in 2020, 78 days earlier than the same period last year. Cargo throughout totaled 1.923 million ton, an increase of 41.7% over the same period last year. The 1,000th train of 2020 embarked from Xian Xinzhu Station and headed west to Uzbekistan in May, a landmark journey in connecting China with its European trade partners. In response to COVID-19, Xian opened up a dedicated channel for the trains to help maintain normal operations and support enterprises getting back to business. Xian recognized the need to optimize the transportation declaration and approval procedures and also intensify the schedule by reducing the intervals between trains.

- February 2020 - The SmartCargo project was officially launched on 4 February 2020 at the BB headquarters. Rail Cargo Groups (RCG) board authorities presented the technology. Around 13,700 RCG wagons are each fitted with a SmartCargo device, which provides comprehensive information throughout the entire freight transport process. As part of initial tests, around 300 cars are currently being fitted with SmartCargo. At the same time, an IT platform will be set up, where all information relating to a specific transport can be accessed digitally in a clear and compact manner. It may also be possible to integrate third-party cars that are in the train line but are not owned by RCG.

Frequently Asked Questions about the Freight Transport Management market:

- What are the recent developments and government policies?
- What are the top trends in the Freight Transport Management market?
- What is the growth rate of the market?
- Which Is the Most potential market segment?
- Which are the top industry players in the Freight Transport Management market?
- Which region would offer high growth for vendors in the market?

Purchase this Report at-

https://www.marketinsightsreports.com/report/purchase/05202907371?mode=su?Mode=S21

The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

We Offer Customization On Report Based On Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.