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An illegal choice has been detected. Please contact the site administrator.1 . Freight and Cargo Market Research Reports Analysis and Trends
Freight which is also called as cargo is transported by using various modes of transportation such as rail, road, sea or air.
A freight company’s job is to get all the details required for cargo transport between shipper and carrier. The company acts as an intermediary in solving problems of both the parties. If anyone wants to ship an item, then it will be difficult to find a good carrier, similarly carriers will also have difficulties in finding their clients. In order to solve this difficulty, a good freight company will assist by giving a data list, through which the search becomes much easier and also assures that the carrier is reliable. Along with this assistance, the freight company also deals with all the paperwork.
After the shipment is found by the freight company, it will get a commission for its work. Freight brokers are the actual employees of the freight company who brings profit to the company. Their main job is to find carriers and shippers.
Carriers can be trucks, airplanes, vessels or trains which are used for cargo transportation. Every freight company is supervised by the Federal Motor Carrier Safety Administration or the Department of Transportation, in order to ensure a great deal of security in the whole process.
India spends around 15 to 20% of its GDP on transport and logistics compared to an average 8 to 10% in other developing countries, reports Novonous. As per the estimations given, in India rail freight will experience steady growth rate of 10% until 2014 mainly driven by state-controlled Indian Railways. Sea transport through India’s major ports will also perform well and grow at 9.2% mainly driven by private players in the sea freight sector. Air freight will also have a growth rate of 8.5%. Over the next few years, rising competitive pressures from cargo operators among India’s immediate neighbours and main trading partners are the main growth factors.
2 . Freight and Cargo Industry Current Trends
The global airfreight industry globally consists of around 12,000 companies and is worth more than $70 billion, as per the reports given by IBIS World. The performance of Airfreight sector is expected to be at an annual rate of 1% through 2017.
In the past 5 years, the world road freight transportation services sector has recorded strong growth, as per the reports given by Lucintel. And between 2012 and 2017, the industry performance is expected to maintain an annual growth rate of more than 2%, and reach more than $2 trillion at the end of 2017. This growth is mainly driven by increased attractiveness of hybrid power train systems, pressure and encouragement from governments to adopt green technologies, economic growth and the road freight demand.
3 . Major Industry Players
ASR Holdings Ltd, Atlas Air Worldwide Holdings Inc, China Logistics Group Inc and Yusen Logistics Co Ltd are some of the top air freight companies operating in Germany. Orbit Multimedia Ltd, Willard India Ltd and Sanco Trans Ltd are some of the top air freight companies operating in India.
DB Schenker, DHL Supply Chain, Kuehne + Nagel, Panalpina, UPS, CEVA Logistics, Expeditors etc are some of the top global freight industry players.
1 . How MarketResearchReports.com Can Help You Find the Right Report(s)?
Freight Industry Overall Growth Forecast
We offer syndicated/off-the-shelf and custom market research reports covering Freight industry. These reports are designed to provide a wholistic view of the global Freight industry.
The major growth forecast covered are:
- Freight Industry CAGR % Growth Forecast for 2022-2028
- Freight Industry Value Growth Forecast for 2022-2028
- Freight Industry Key Companies Growth Forecast for 2022-2028
Freight Industry Regional Data Coverage
The reports offered by us provide deep regional data for Freight industry. This information is designed to help decision makers identify the key growth markets of Freight industry and prepare their business strategy accordingly.
The major regional data covered are:
- Freight Industry Region-Wise Growth Trends
- Freight Industry Key Country Growth Opportunities
- Freight Industry Focus on Most Important Markets
Freight Industry Trends Analysis
The reports covering Freight industry offer trends analysis of various types. These include overall key growth opportunities in global Freight industry.
The major trends and analysis covered are:
- Freight Industry Key Player Profiles
- Freight Industry SWOT Analysis
- Freight Industry Growth Drivers and Challenges
2 . Latest Market Research Reports on Freight Industry
Below mentioned is the list of reports available for on Freight industry. If you are not able to locate the correct report, please use the search option available on top of this page to search for the right report. You can also chat with us using the online chat system facility available at the bottom right corner of this page. You can also send your requirements using the contact form.
We also undertake custom market research projects which can provide reports matching your specific data requirements. Please send us your custom research project details using the custom market research form.