Press Releases
 
Freight Transport Market – New Innovations, Application, Recent Technology Updates & Forecast

, 27 September 2018 -- Freight Transport Market – New Innovations, Application, Recent Technology Updates & Forecast

Global Freight Transport Market: Overview

Freight transport forms the backbone of supply chain. Most big and small businesses, instead of investing in their own fleet of vehicles, utilize third parties services to deliver their products, which saves them time and money. Freight transport is carried out through various modes of transportation such as airways, roadways, seaways, and railways. Among them, roadways accounts for maximum market share and holds out a strong promise for both existing and new players in the near future. In fact, freight trucks are central to most manufacturing or industrial activities as they transport the crucial raw materials from one place to another. Even finished goods are sent to different markets using freight mostly via roadways. Undoubtedly, freight is big business.

Get Brochure For More Information@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=7954

The report by Transparency Market Research collates important facts and figures pertaining to the global market for freight transport. Factoring in historical data and current market events and trends, the report attempts to gauge the market’s future accurately. It also furnishes valuable market insights by leveraging analytical tools such as Porter’s Five Forces analysis and a SWOT analysis. It presents a detailed picture of the vendor landscape as well.

Global Freight Transport Market: Trends and Opportunities

The primary advantage of freight transport market is that it helps in delivering goods and services at minimal costs, thereby enabling businesses to devote more time to their core competencies. This has filliped the demand for freight quite substantially. Another factor driving growth in the market is the massive upswing in international trade, which has trigged a flurry of transportation activities across countries and continents. The swift pace of urbanization and the resultant infrastructure building and construction activities have also fuelled an uptick in demand in the global freight transport market.

Besides, new cutting-edge technologies have also positively impacted the global freight transport market. For example, use of latest technology in trucks and railways such as hydraulics lifters and GPS navigation systems has to a significant extent stimulated demand. Further, improved safety in freight operations, lowering costs, and increasing operational efficiency have positively impacted the market as well. Countering the growth in the market are dearth of skilled professionals in the industry and reluctance in embracing new ways of transportation.

Global Freight Transport Market: Region-wise Outlook

The global freight transport market can be segmented geographically into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. Among them, Asia Pacific is the most lucrative market because of the supercharged, unabated growth in infrastructural activities in the region, which require transporting goods and equipment from one place to another via roadways or railways. Additionally, the quick uptake of latest technologies such as hydraulics lifters and automated doors in freight trucks and trains has also bolstered the market in the region. Soaring demand for heavy commercial vehicles in the emerging economies of India and China is another factor driving the market.

With Europe and North America showing signs of recovery after the 2008 meltdown, their markets are forecasted to clock steady growth too in the near future. As business activities and manufacturing operations pick up steam in the two continents, the demand for freight is also being filliped in the two continents. Besides a recovering economy, another factor triggering growth in the market in Europe is the presence of premium truck manufacturers such as Volvo, Mercedes Benz, and Renault in it.

Get Customize Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=7954

Companies Mentioned in the Research Report:

The key players operating within the global freight transport market currently include Descartes System Group, UPS, DHL, SNCF Geodis, CEVA Logistics, JDA Software, and DB Schenkerand.

# # #


Submitted by K Singha on Thursday, 27 September 2018 at 8:33 PM
Category: Science & Research
 
Related News

OH-Based Sustainability Consulting Firm Launches With Mission To Help Organizations Conserve Energy
Tuesday, 13 Nov 2018

Compressor Discharge Temperature (CDT) Probe - How it works in Aircraft?
Monday, 12 Nov 2018

Global IPL Device Market for Future Trend 2015-2025
Monday, 12 Nov 2018

Cancer Immunotherapy Market: Application, Opportunity and Forecast 2024
Monday, 5 Nov 2018

Global Silicones and Siloxanes Market 2018 Trends, Key Players, Product Scope, Growth Rate Outlook,
Wednesday, 31 Oct 2018

Related Events

Future Armoured Vehicles Survivability 2018
Tuesday, 13 Nov 2018

Global Forum for Innovations in Agriculture - GFIA in Focus Australia
Tuesday, 27 Nov 2018

Argus LPG and Petrochemical Feedstocks in Shanghai - November 2018
Tuesday, 27 Nov 2018

EDEX - Egypt Defence Expo, 3-5 December 2018, Cairo
Monday, 3 Dec 2018

2019 Asia Pacific Energy Assembly and Awards Dinner
Wednesday, 30 Jan 2019

Latest News

SEO Packages: Now Additional Inexpensive
Tuesday, 13 Nov 2018

Epic Research Daily Agri Commodity Report Of 13 November 2018
Tuesday, 13 Nov 2018

EPIC RESEARCH : Special-Report Of 13 November 2018
Tuesday, 13 Nov 2018

Nutrology Announces Donald McCoid as Senior VP of Distribution
Tuesday, 13 Nov 2018

Global Lawn Tractors Market Analysis, Size, Growth, Trends and Forecast 2015-2025
Tuesday, 13 Nov 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Tuesday, 13 November 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • World ADC San Diego
  • 2nd Responsible Business Summit West
  • 3rd Nordic EUS Conference
  • Digital Commodities Summit London - Part 2
  • EventTech 2018

  • Latest Jobs
    Sorry, there are currently no entries posted here.