domestic freight market in the us 2015-2019
TRANSCRIPT
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Domestic Freight Market in the US 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Domestic Freight Market in the US 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “Currently, domestic freight service providers are improving logistics by introducing innovative SCM. CH Robinson, a US-based logistics facilitator, provides integrated supply chain and freight-related services and is a leading vendor in the market. The other key vendors are CEVA, Con-way, DB Schenker Logistics, DHL, Expeditors, FedEx, JB Hunt, UPS, UTi Worldwide, and Werner Enterprises.”
• Freight is a service or method for transportation of cargo via different modes such as road, air, water, or pipeline. It is also defined as the cost incurred on transportation of goods. Domestic freight is the movement of cargo within the boundary of a country. Freight service providers are specialized in handling logistics such as transportation, warehousing, and air-freight forwarding.
• Technavio's analysts forecast the domestic freight market in the US to grow at a CAGR of 4.52% in terms of revenue and 2.63% in terms of volume over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver,
challengeand trend is
available in our report:Domestic Freight Market in the US 2015-2019
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Vendors
To understand the vendor landscape and
for a full list of vendors view our report:
Domestic Freight Market in the US 2015-2019
C.H. Robinson
CEVA Logistics
Con-way
C.H. Robinson was founded in 1905 and is headquartered in Eden Prairie, Minnesota, US. The company is one of the leading third-party logistics providers in the world. It offers freight transportation services and logistics, outsource solutions, produce sourcing, and information services.
CEVA Logistics was founded in 2006 and is headquartered in Hoofddorp, Netherlands. It is a non-asset-based supply chain management company. The company designs and implements a wide range of industry-leading solutions in both freight management and contract logistics.
Con-way was founded in 1958 and is headquartered in Ann Arbor, Michigan, US. The company provides transportation, logistics, and supply-chain management services to manufacturing, industrial, and retail customers.
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Market Landscape
• The domestic freight market in the US is expected to grow at a steady pace during the forecast period because of the developed logistics infrastructure and growing economy.
• The increase in M&A in the market has also added to the growth of the market.
• The market was affected by the global recession of 2009, but it has recovered slowly since then.
• In terms of volume of cargo transported, the market will grow steadily during the forecast period.
• An increase in the production capacity of industries requires transportation of freight, which is contributing to the growth of the market.
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Key Buying Criteria
• Authenticity • Delivery • Price• Service
Support
Parameter Details
Convenience
Logistics services should be conducive to the shipper's business model.
Cost Freight services should be cost-effective.
Tracking/Communication Freight service providers should offer proper communication between vendors and shippers, and the tracking system should be reliable.
Value-added ServicesFreight service providers should offer value-added services such as documentation and flexible loading and unloading.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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