The freight and logistics market is expected to grow at a CAGR of around 5% over the forecast period.
The logistics industry remains vibrant amid slowing global economic growth, in part due to trade tensions between the US and China. The Asia Pacific logistics industry is growing rapidly due to the increasing logistics of ASEAN countries and the presence of major economies such as China and India. In addition, high government support for the region’s logistics sector is also a factor driving industry growth.
A full report of Freight and Logistics Market available at https://www.orionmarketreports.com/freight-and-logistics-market/53168/
Key Players
The Key Players in the Global Freight and Logistics Industry are Dsv Global Transports and Logistics (Denmark), Kuehne+ Nagel (Switzerland), The Maersk Group (Germany), Deutsche Post DHL (Germany), DB Schenker Logistics (Germany), C.H. Robinson (US), Panalpina (Switzerland), United Parcel Service (US), FedEx Corp. (US), Walmart Group (US), Nippon Express (Japan), and other prominent players.
Freight and Logistics Market Segmentations
By Function
• Freight Transport
• Freight Forwarding
• Warehousing
• Value-added Services and Other Functions
By End User
• Manufacturing and Automotive
• Oil and Gas, Mining, and Quarrying
• Agriculture, Fishing, and Forestry
• Construction
• Distributive Trade (Wholesale and Retail Segments – FMCG included)
• Other End Users (Telecommunications and Pharmaceuticals)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
