Freight and Logistics Market 2022 Global Insights and Business Scenario - XPO Logistics, UPS, DHL, J.B. Hunt Transport Services, C.H. Robinson

Market Insights Reports has added new statistical data to its repository titled as, Global Freight and Logistics Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The Freight and Logistics market report covers the post-COVID-19 impact on various regions and major countries and on the future development of the industry is pointed out.

The Freight and Logistics Market are estimated to grow at a CAGR of approximately 5% during the forecast period.

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Top Key Players in the Global Freight and Logistics Market is XPO Logistics, UPS, DHL, J.B. Hunt Transport Services, C.H. Robinson, Ryder Supply Chain Solutions, Expeditors, Penske Logistics, Lineage Logistics, FedEx, Kuehne + Nagel, Geodis, Ceva Logistics*, and others. 

Key Market Trends:

Asia Pacific holds the largest share in the market:

Leading countries in the region are observing faster technological integration in the logistics process. In India, 80% of freight moves by road, and the trucking industry is adopting industry-leading tracking technology to help trace and predict the exact delivery times. Thailand is incorporating IBM and Maersk's blockchain project to streamline its shipment monitoring processes.

Increasing intra-Asian trade, along with a growing increase in imports not only for manufacturing inputs but also consumer products, characterizes Asian logistics. China's Belt and Road Initiative has led to huge investment in transport infrastructure across the region as it seeks to integrate with Asian and European markets, as well as exert political muscle on the regional stage.

Most of the cargo is destined for the US and Europe via the main East-West trade lanes. However, the trend of the last few years has been the rise to prominence of intra-Asia trade. Although countries such as China, Japan, and South Korea boast huge, modern container ports, other Asia Pacific nations are spending billions on upgrades to keep up with the demand for containerised goods.

E-Commerce is driving the logistics Industry:

The rise of e-commerce and the digital marketplace phenomenon has changed the composition of consumer buying behavior and expectations, as consumers now expect fast, free shipping, and competitive pricing. This demanding delivery schedule challenges traditional logistics and supply chain models, and companies are now forced to adjust their strategies to provide the low-cost and on-demand delivery service that consumers now demand. E-commerce represents a growing share of the retail market, This exponential growth and demand will undoubtedly impact the logistics and transportation industry as companies will need to be prepared to manage increased volume and delivery expectations.

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https://www.marketinsightsreports.com/reports/10192355222/freight-and-logistics-market-growth-trends-and-forecasts-2020-2025?Mode=A28            

This Global Freight and Logistics Market report addresses:

- The Market size from 2016-2021

- Expected market growth until 2025

- Forecast of how market drivers, restraints, and future opportunities will affect

- Segment and regions that will drive or lead the market growth and why

- Comprehensive mapping of the competitive landscape

- In-depth analysis of key sustainability strategies adopted by market place.                              

Frequently Asked Questions about Global Freight and Logistics market:

- What are the recent developments and government policies?
- Why might we forecast a downturn in a particular economy next year?
- Why do we say the currency is set to appreciate?
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- Where are the greatest dangers?              

We Also Offer Customization on report based on specific client Requirements:

- 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

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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.

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