Press release
Intermodal Freight Transportation Market 2022 Growth and Global Developments- Oracle Corporation, Cognizant Technology Solutions Corp, GE Transportation
Intermodal Freight Transportation Market 2022 offers an exclusive tool for evaluating the market highlighting opportunities, and supporting strategic and planned decision-making. This report recognizes the rapidly-evolving and competitive environment, current marketing information is essential to monitor performance and make critical decisions for growth and profitability. This Report provides an information on trends and developments, and focuses on markets capacity and changing structure of the Intermodal Freight Transportation Market forecast 2027.The Intermodal Freight Transportation Market is expected to register a CAGR of 8.27% over the forecast period from 2022 to 2027.
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The Intermodal Freight Transportation Market is highly competitive and consists of a number of major players. Companies like Oracle Corporation, Cognizant Technology Solutions Corp, HighJump (Kšrber AG), Blue Yonder Group, Inc. (JDA Software), Transplace, Inc., GE Transportation (Wabtec Corporation), The Descartes Systems Group Inc. (Descartes Aljex), Motorola Solutions, Inc., Elemica, Inc. (Eyefreight BV), Envase Technologies Amongst Others.
Key Developments:
- July 2022 - Transplace has launched its Platform Services, including analytics and benchmarking tools, a command center with real-time visibility and optimization, and network collaboration. Shippers that utilize JDA, Oracle, and other resource planning systems to manage their supply chains can directly feed their data into the Company's Platform Services via standard API connections.
- February 2022 - JDA Software, Inc., announced that it would be named Blue Yonder. The name change is part of a company's strategy of a re-branding initiative to better align its name with its cloud transformation and product roadmap, embracing a future full of innovation, continuous improvement, and better customer experience.
Key Market Trends:
Rail and Road Transport is Expected to Hold Significant Share
- Intermodal transportation provides predictable and reliable shipment of freight, and itÕs available at a compelling price and could be integrated into existing freight transportation systems. The United States rail industry accounts for more than 40 tons of freight per capita, and intermodal shipments usually take place in 53-foot-long containers. One intermodal train can move the same amount of freight as 280 trucks, according to an estimate by railroad CSX. Shippers, in general, are considering multiple factors when looking to use intermodal transportation, such as inefficiencies related to railroad conversions to precision scheduled railroading (PSR), the availability of shipping equipment, load pricing, and the ongoing truck driver shortage.
- While demand has increased for a more efficient and faster shipment of goods, the rail industry has worked to improve operations by implementing precision scheduled railroading. PSR regards the shipment of the same amount of freight with fewer railcars and locomotives, using a planned direct line for shipments across a rail network.
Browse the Full report description and TOC at:
https://www.marketinsightsreports.com/reports/02285842655/intermodal-freight-transportation-market-growth-trends-and-forecasts-2022-2027?Mode=Iris
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: Intermodal Freight Transportation Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Frequently asked questions by our customers:
-What are the drivers governing the growth of the market?
-What is the annual growth rate of the Intermodal Freight Transportation Market?
-What is the impact of Covid-19 on the market?
Customization services available with the report:
15% Free customization.
Five Countries can be added as per your choice.
Five Companies can add as per your choice.
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post-sales support for 1 year from the date of delivery.
Finally, Intermodal Freight Transportation Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
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 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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