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Digital Truck Aggregators and CEP Industry Set to Propel New Zealand's Logistics Market to Over USD 1 Bn by 2026: What's Next for the Future? : Ken Research
Digital Truck Aggregators and CEP Industry Set to Propel New Zealand's Logistics Market to Over USD 1 Bn by 2026: What's Next for the Future? : Ken ResearchThe Logistics Market in New Zealand is highly fragmented with highly competitive rivalry among the competitors. Some of the popular Logistics brands like FedEx, DHL Express, NZ Post, New Zealand Couriers, Sub 60, Aramex, and many more compete on the basis of Number of Branches, Price Point, Services Offered, Time Taken.
New Zealand Freight Forwarding Business
1. Revolutionizing the Trucking Industry: How Digital Aggregator Platforms are Disrupting New Zealand's Logistics Market for Greater Efficiency and Profitability.
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Truck Operators are on boarding their fleet on various platforms, as truck aggregators support them in generating return trip business.
Increased Utilization and Reduction in Idle time of the vehicles due to Machine learning and AI is assisting fleet owners in planning optimal routes for their vehicles.
Truck Aggregator Platforms offer various VAS such as financial inclusion products to its truckers like insurance and financing of vehicles.
Tech aggregators platforms are helping fleet operators to scale their operations profitably without the overheads and burden of a traditional large fleet operator.
To Know about Digital Truck Aggregators Business Model in New Zealand Logistics
2. Quality and Compliance in New Zealand's Warehousing Market: Navigating Import/Export Regulations, Health & Safety, and Quality Control for Reliable Storage Facilities.
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3. Revolutionizing the New Zealand Logistics Market: How the Booming E-commerce Industry, Credit Card Usage, and Technological Adoption are Driving Unprecedented Growth.
Last year, there was a 52% increase in online expenditure in comparison to 2019, with online shoppers collectively spending a sum of US$ 5 Bn. There are over 10,000 businesses in New Zealand that offer online shopping services. In 2020, the average basket size was around USD 109.
As of 2021, 21% of individuals aged 15 and above possess a credit card in New Zealand, indicating a more than 30% increase compared to the worldwide average of 22.26%.
Internet penetration in New Zealand: 92%. Access to smartphone & internet leads to more engagement on online platforms, such as social media, Ecommerce websites, etc.
Implementation of automation technology, analytics & robotics resulted in quicker turnaround with minimal human errors.
For More Insights On Market Intelligence, Refer To The Link Below: -
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Related Reports By Ken Research: -
https://www.kenresearch.com/industry-reports/indonesia-logistics-market
https://www.kenresearch.com/industry-reports/australia-logistics-market
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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.
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