Domestic Freight Market Still Has Room To Grow: DB Schenker, FedEx, XPO Logistics

Latest business intelligence report released on Global Domestic Freight Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Domestic Freight market outlook.

List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:
C.H. Robinson (United States), DB Schenker (Germany), FedEx (United States), KUEHNE + NAGEL (Switzerland), J.B. Hunt (United States), DSV (Denmark), UPS (United States), XPO Logistics (United States), Expeditors International of Washington, Inc. (United States), Hub Group, Inc. (United States), Roadrunner Transportation Systems (United States)

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Brief Overview on Domestic Freight:
Domestic freight movement means the transportation of goods or commodities in bulk or general by land or air. Land shipping includes freight transportation by road (trucks) which is the slower but most common mode used to move general cargo domestically. Rail is both a fast and green mode of transporting goods in bulk domestically. Airfreight transport is the fastest mode and the cost of shipping depends on the density and size of the package. In 2015 the United States transportation system moved a daily average of about 43.7 million tons of domestic freight valued at more than USD 41.03 billion, according to United States Department of Transportation, Bureau of Transportation Statistics and Federal Highway Administration.

Key Market Trends:
Increasing Focus toward Green Energy Solutions
Changes in Markets’ Domestic Commerce

Opportunities:
Digitalization and Alternative Fuel and Logistics Solutions
High Investments in Software-Driven Process Changes

Market Growth Drivers:
Expansion of population and economic activity within a geographic location is the key driving factor for the domestic freight market.
Consolidation of Logistics Market Leading to Operational Efficiency

Challenges:
Complexity of Modern Transport and Logistics
Speed and Travel Time Reliability
Operational Difficulties Due to Strict Government Regulations

Segmentation of the Global Domestic Freight Market:
by Type (Road, Rail, Air, Ocean), Application (Bulk, General cargo, Other), Service Providers (1PL, 2PL, 3PL, 4PL), Industry Vertical (Food & Beverages, Consumer Goods, Automotive Logistics, Manufacturing, Chemicals & Plastics, Healthcare Logistics, Electronics, Others)

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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

Furthermore, the years considered for the study are as follows:
Historical data – 2016-2020
The base year for estimation – 2020
Recent Estimated Year – 2021
Forecast period** – 2021 to 2026 [** unless otherwise stated]

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Summarized Extracts from TOC of Global Domestic Freight Market Study
Chapter 1: Exclusive Summary of the Domestic Freight market
Chapter 2: Objective of Study and Research Scope the Domestic Freight market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2026
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source

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