Press release
Intermodal Freight Transportation Market to Reach US$ 155.9B by 2031 | CAGR 15.09% | North America Leads, Asia-Pacific Fastest Growing | Key Players: Oracle, Körber, Trimble, Hub Group
Intermodal Freight Transportation Market
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Latest M & A / Key Developments
• November 2023: J.B. Hunt Transport Services Inc. and BNSF Railway launched Quantum, a ground-breaking intermodal service.
• November 2023: National Railway of Italy and Mediterranean Shipping Company (MSC) established a new company to expand Italy's port infrastructure for intermodal rail and maritime transportation.
• November 2023: RACO Investment introduced a tech-driven intermodal freight initiative for sustainable transport.
• November 2023: From Song Than railway station, Binh Duong Province and Vietnam Railways opened an international multimodal transport route to China, expected to increase yearly capacity to 3.5 million tonnes.
• October 2023: Intermodal Association of North America (IANA) created an online intermodal course in collaboration with Delft University of Technology and University of Maryland Smith School of Business.
• October 2023: CSX unveiled www.intermodal.com, a new website with interactive tools and videos on intermodal rail.
• May 2023: Canadian Pacific Kansas City (CPKC) introduced the Mexico Midwest Express (MMX) Series premium intermodal service.
Key Players:
Oracle, Körber AG, Transplace, Inc., Alexander Group, General Electric, Envase Technologies, Trimble, CLX Logistics, LLC, LOGISTEED, Ltd., Hub Group, Inc.
Key Development:
Dec 2025 (Last Updated: December 18, 2025)
The report highlights ongoing trends in technology integration like IoT sensors, real-time tracking, predictive analytics, and digital platforms driving efficiency in intermodal freight.
Growth Forecast Projected:
The Global Intermodal Freight Transportation Market reached US$ 51.56 billion in 2023 and is expected to reach US$ 155.89 billion by 2031, growing at a CAGR of 15.09% from 2024 to 2031. North America is the largest region, while Asia-Pacific is the fastest growing.
Research Process:
Both primary and secondary data sources have been used in the Intermodal Freight Transportation Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
By Component: Software, Service
By Transportation Mode: Rail and Road Transport, Air and Road Transport, Maritime and Road Transport, Other Transportation Modes
By Solution: Warehousing, Trucking Software, Fleet Management, Intermodal Dispatch, Freight Security, Intermodal Terminal
By End-User Industry: Industrial and Manufacturing, Oil and Gas, Consumer and Retail, Food & Beverage, Construction, Others
By Region: North America, Europe, South America, Asia Pacific, Middle East and Africa
Benefits of the Report:
Chapter 1: Lays the foundation by defining the scope of the report, highlighting core market segments across regions, product types, and applications. It delivers a clear snapshot of current market size, growth potential, and how the industry is expected to evolve in both the near and long term.
Chapter 2: Spotlights the most impactful market insights, unveiling the transformative trends and forces shaping the future of the industry.
Chapter 3: Provides a deep dive into the competitive landscape, covering revenue shares, strategic initiatives, and notable mergers & acquisitions that are reshaping the market.
Chapter 4: Presents detailed company profiles of leading players featuring financial performance, product portfolios, profit margins, and key milestones that set them apart in the industry.
Chapters 5 & 6: Break down revenue analysis at both regional and country levels, offering precise data on market size, growth drivers, and expansion opportunities across global markets.
Chapter 7: Analyzes the market by product type, spotlighting segment-specific opportunities and helping stakeholders identify untapped, high-growth areas.
Chapter 8: Explores the market through application-based segmentation, assessing demand across industries and pinpointing downstream sectors with the strongest potential for growth.
Chapter 9: Maps the industry's supply chain in detail, tracing upstream and downstream activities to provide clarity on value creation across the ecosystem.
Chapter 10: Wraps up with a concise summary of the report's key insights distilling the most critical findings and strategic takeaways for decision-makers and stakeholders.
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FAQ
Q: How rapidly will the Market expand?
A: The Global Intermodal Freight Transportation Market is projected to grow at a CAGR of 15.09% between 2024 and 2031.
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