Freight Transport Market is valued at around USD 30.91 billion in 2022 and is expected to reach USD 72.97 billion by 2030, registering a CAGR of 11.3% over the forecast period
Freight transportation management makes it possible to organise, carry out, and optimise the flow of commodities between the supplier and consignee. It integrates knowledge, technology, and human resources to ensure efficient supply chain maintenance coordination. The usage of a freight transportation management system can improve shipping efficiency, offer real-time visibility into the supply chain, reduce overhead freight costs, increase customer satisfaction, and have other benefits. As a result, manufacturers, retailers, distributors, and third-party logistics (3PL) providers from a range of industry verticals typically employ goods transportation management.
Primary and secondary research are the foundation of the market study for road freight transportation. Both secondary and primary data are studied using the Bottom-Up Approach. Examples of secondary data sources include domestic and foreign data sources, annual and financial reports from important market participants, news releases, and other announcements. Several methods, including surveys, expert and trained professional opinions, and interviews, were used to collect primary data. Current affairs, trade legislation, import-export analysis, production analysis, value chain optimisation, market share, the effects of domestic and significant local players, regulatory changes, and strategic market growth analysis are all covered in the research.
To request a sample copy or view summary of this report, click the Here:- https://wemarketresearch.com/sample-request/freight-transport-market/741/
The Freight Transport Market – Segmentation
The Freight Transport Market fragrance concentrates market has been sub-classified into offering, mode of transport, vertical outlook, and others.
On the basis of offering, the Freight Transport Market is bifurcated into:
• Solutions
• Services
• Others
On the basis of mode of transport, the market is segmented into:
• Railways
• Roadways
• Seaways
• Airways
• Others
On the basis of vertical outlook, the market segmented into:
• Retail and e-commerce
• Automotive
• Aerospace and defence
• Pharmaceuticals
• Energy
• Others
The Freight Transport Market -Regional Analysis
North America dominated the global Freight Transport Market, is anticipated to maintain its dominance over the forecast period due to the presence of numerous significant logistics players, e-commerce behemoths, and freight solution providers in the U.S. and Canada. The continued development and uptake of new technologies like artificial intelligence, near-field communication, and machine learning also contribute to the expansion of the market.
The Freight Transport Market – Key Market players
Global key players of Freight Transport Market include CEVA Logistics; FedEx; DB Schenker Logistics; United Parcel Service of America, Inc.; Deutsche Post AG; Schneider National, Inc.; Oracle; SAP SE; C.H. Robinson Worldwide Inc.; Kuehne + Nagel International AG; DSV PANALPINA A/S; Kerry Logistics Network Limited; Nippon Express Holdings; CJ Logistics Corporation, and others.
For More Details, Visit Our Report Page: https://wemarketresearch.com/reports/freight-transport-market/741/
Frequently Asked Questions About This Report
• How big is the freight transport market?
• What is the freight transport market growth?
• Which region accounted for the largest freight transport market share?
• Who are the key players in the freight transport market?
• What are the factors driving the freight transport market?
Contact Us:
We Market Research
Phone: +1(650)-666-4592
Email: [email protected]
Web: https://wemarketresearch.com/
About We Market Research
We Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. We Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
