Market Overview The market for courier, express, and parcel business in Indonesia is expected to reach USD 9.76 billion by 2024, witnessing a CAGR of 12.28%. With the world’s fourth largest population and excellent potential for growth, Indonesia is a key market in the global scenario. The Indonesian CEP market is...
Rail Freight Transportation market worldwide is projected to grow by US$140.9 Billion, driven by a compounded growth of 14.5%. Rail Freight Transportation, one of the segments analyzed and sized in this study, displays the potential to grow at over 14.5%. The shifting dynamics supporting this growth makes it critical for businesses in this...
Market Overview While land and ship cargo transportation remain as favorable options, goods transport by air is considered as the quickest and the unhindered mode of transportation. According to airline association IATA, cargo volumes grew by 4.1% to 63.7m tonnes in 2018 but, the industry forecast suggest that will then...
The global rolling stock market is predicted to reach US$68.71 billion by 2023, growing at a CAGR of 4.40% for the period spanning 2018-2023. Rolling stock refers to the wheeled vehicles that run on railway tracks. In a rail transport system, rolling stock faces lesser frictional resistance as compared to rubber-tired road vehicles, so that...
Market Overview The Indonesian freight and logistics market is currently trading at an inflection point. Being the world’s fourth-largest populated country with an excellent potential for growth, Indonesia is a key market in the global scenario. Given the scope of household consumption in a densely populated country and...
Market Overview - The logistics market in Sweden is the largest in Scandinavia region. Investments in infrastructure have made the country as one of the top logistics markets in Europe and the World. According to the World Bank Logistics Performance Index (LPI) rankings 2018, Sweden ranked second in the world following...
Market Overview Vietnam is at an inflection point, with a rapidly increasing GDP, young population, and the willingness to adopt new technologies. The logistics market in the country is in its transition stage and the demand for logistics is rising strongly. High economic growth, increasing domestic manufacturing, the rise...
Market Overview The Saudi Arabia freight and logistics market is estimated to be valued at USD 22.95 billion and is estimated to grow at a CAGR of 7.35% during the forecast period. - The Saudi Arabian freight and logistics industry is a large and dynamic industry, strongly supported by state-led investments in rail,...
The refrigerated transport market is projected to grow at a CAGR of 5.8%. According to MarketsandMarkets, the global refrigerated transport market is estimated to be valued at USD 15.5 billion in 2019 and is projected to reach USD 21.6 billion by 2025, recording a CAGR of 5.8% from 2019 to 2025. Factors such as the rising demand for...
Keep on trucking: Volatility in the price of diesel fuel is expected to limit operators from generating revenue Abstract Local Freight Trucking in Canada The Local Freight Trucking industry in Canada has experienced minimal growth over the five years to 2019, as a steady expansion of the broader Canadian...