Truck Transportation Market Global Briefing 2018

Truck Transportation Market Global Briefing 2018

  • January 2018 •
  • 32 pages •
  • Report ID: 5292832 •
  • Format: PDF
The truck transportation industry comprises establishments offering trucks and tractor trailers to provide road transportation of cargo. This industry does not include household and office goods movers, which is a specialized industry.

Depending on differences in the equipment used, the type of load carried, scheduling, terminal, and other networking services, the truck transportation industry is further classified as follows:
i) General Freight Trucking, And
ii) Specialized Freight Trucking

The global truck transportation market was estimated to be around $1450 billion as of 2017. The global truck transportation made up around 25% of the overall transportation services market in 2017. The truck transportation market was the largest market in the global transportation services market in 2017.

Use Of Robotics – Truck transportation companies are widely using robotics solutions to reduce delivery time and costs. It enables truck transportation companies move boxes and containers in and out of semitrailers and ocean freight containers, irrespective of its shape and size.

Robotics mainly helps truck transportation companies reduce labor costs while speeding up shipment processing and delivery times. Therefore, courier delivery, logistics and material handling companies such as UPS, DHL, and FedEx are testing robotic loading and unloading of irregular parcels. For instance, DHL started testing Baxter and Sawyer robots for co-packing and value-added tasks, such as packaging, assembly, kitting, and pre-retail services, in 2016.

Earlier, material handling systems company Wynright Corporation had launched the Robotic Truck Unloader (RTU) in 2013. It is an autonomous robotic machine that can be used to unload floor-loaded products from truck trailers or ocean freight containers.

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