Press release
Freight Logistics Market to Witness Stunning Growth with Walmart Group, Kuehne+ Nagel
Freight Logistics Market
Some of the major players such as FedEx Corp. (United States), Walmart Group (United States), The Maersk Group (Germany), Deutsche Post DHL (Germany), Dsv Global Transports and Logistics (Denmark), Kuehne+ Nagel (Switzerland), Panalpina (Switzerland), United Parcel Service (United States), DB Schenker Logistics (Germany), C.H. Robinson (United States)
According to HTF Market Intelligence, the global Freight Logistics market is valued at USD 8.5 Trillion in 2023 and estimated to reach a revenue of USD 12 Trillion by 2030, with a CAGR of 6% from 2023 to 2030.
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Freight Logistics Market Overview
Freight logistics refers to the process of planning, implementing, and controlling the movement of goods and materials from one location to another. It involves the coordination of multiple parties, including shippers, carriers, and consignees, to ensure that goods are transported efficiently and effectively.
Freight Logistics Market Competitive Landscape & Company Profiles
The Company's Coverage aims to innovate to increase efficiency and product life. The long-term growth opportunities available in the sector are captured by ensuring constant process improvements and economic flexibility to spend in the optimal schemes. Company profile section of players such as FedEx Corp. (United States), Walmart Group (United States), The Maersk Group (Germany), Deutsche Post DHL (Germany), Dsv Global Transports and Logistics (Denmark), Kuehne+ Nagel (Switzerland), Panalpina (Switzerland), United Parcel Service (United States), DB Schenker Logistics (Germany), C.H. Robinson (United States) includes its basic information like company legal name, website, headquarters, subsidiaries, market position, history, and 5 closest competitors by Market capitalization/revenue along with contact information.
Market Trends:
The growth of e-commerce has had a profound impact on the logistics sector. There is an increased demand for faster and more flexible delivery options, leading to the development of innovative last-mile delivery solutions and the optimization of supply chain networks.
Market Drivers:
The continued expansion of e-commerce has been a major driver for the freight logistics market. As consumers increasingly turn to online shopping, there is a growing demand for efficient and reliable logistics services to handle the transportation of goods from manufacturers to end consumers.
Market Opportunities:
There is an increasing emphasis on sustainability in the logistics industry. Companies that adopt and promote eco-friendly practices, such as using electric or hybrid vehicles, optimizing transportation routes, and reducing waste in packaging, can appeal to environmentally conscious consumers and businesses.
Market Leaders & Development Strategies
On February 16, 2023, RCS Logistics, one of the top independent logistics service providers in the world, and leading supply chain visibility company FourKites announced a partnership to offer RCS customers a one-stop shop for end-to-end visibility into their shipments across ocean, air, drayage, intermodal, and over-the-road (OTR). By utilizing the industry-leading real-time supply chain data from FourKites, RCS's internal teams and clients gain automatic, real-time visibility into the status and location of shipments in transit and at rest, all over the world.
Geographical Analysis: North America, Europe have shown robust growth in Freight Logistics market and Asia Pacific, Africa region is growing at fastest pace.
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Freight Logistics Market: Segmentation
The Freight Logistics Market is Segmented by Type (Airways, Railways, Roadways, Waterways) by End-User (Health care, Pharmaceutical, Chemicals, Manufacturing and Automotive, Oil and gas, Construction, Telecommunications, Others) by Service (Inventory Management, Packaging, Warehousing, Transportation, Distribution, Custom Clearance, Other) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Freight Logistics Market - Geographical Outlook
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Key Questions Answered with this Study
1) What makes Global Freight Logistics Market feasible for long-term investment?
2) Know value chain areas where players can create value?
3) Teritorry that may see a steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for products/services?
5) What opportunity emerging territory would offer to established and new entrants in Global Freight Logistics market?
6) Risk side analysis connected with service providers?
7) How influencing are factors driving the demand of Global Freight Logistics in the next few years?
8) What is the impact analysis of various factors in the Global Freight Logistics market growth?
9) What strategies of big players help them acquire a share in a mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Global Freight Logistics Market?
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Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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