- Argentina
- Armenia
- Asia
- Asia Pacific
- Australia
- Bangladesh
- Brazil
- Cambodia
- Canada
- Chile
- China
- Colombia
- Czech Republic
- Egypt
- Estonia
- France
- Germany
- Hong Kong
- Hungary
- India
- Indonesia
- Iraq
- Italy
- Japan
- Jordan
- Kazakhstan
- Laos
- Malaysia
- Mexico
- Middle East and Africa
- Morocco
- Myanmar
- Netherlands
- New Zealand
- Nigeria
- North America
- Peru
- Philippines
- Poland
- Russia
- Saudi Arabia
- Singapore
- Slovakia
- South Africa
- South America
- Spain
- Sri Lanka
- Sweden
- Thailand
- Turkey
- Ukraine
- United Arab Emirates
- United Kingdom
- United States
- Vietnam
Europe Freight and Logistics Market Analysis by Mordor Intelligence
The Europe freight and logistics market size is estimated at USD 1.52 trillion in 2026 and is projected to be USD 1.57 trillion in 2027, reaching USD 1.83 trillion by 2032, growing at a CAGR of 3.12% from 2027 to 2032.
Battery-cell localization in Germany and wider parcel collection coverage create opportunities in production transport and distributed delivery. Rail funding and connected corridors can support these flows, while consolidation combines networks under common ownership. The Middle East conflict following strikes by the United States and Israel on Iran in February 2026 added fuel-cost pressure. Driver shortages and rail constraints further limit operators' ability to convert demand into additional movements. Because consolidation can extend a network's reach without adding drivers or rail paths, the demand created by localized production and parcel growth is likely to favor carriers that already hold staffed fleets and usable rail capacity.
Key Report Takeaways
- By end-user industry, manufacturing led with a 32.03% Europe freight and logistics market share in 2026, while wholesale and retail trade is forecast to grow fastest at a CAGR of 3.4% from 2027 to 2032.
- Across logistics functions, freight transport accounted for a 62.71% share of the Europe freight and logistics market size in 2026, and the courier, express, and parcel (CEP) segment is projected to grow fastest at a CAGR of 3.55% from 2027 to 2032.
- Geographically, Germany led with a 14.86% share in 2026, while the Netherlands is forecast to grow fastest at a CAGR of 4.02% from 2027 to 2032.
Note: Market numbers in this report are based on Mordor Intelligence's proprietary estimation framework, which combines nine months of actuals with Q4 projections for base year 2026.
Market Trends and Insights
Drivers Impact Analysis of Europe Freight and Logistics Market*
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Pan-European 5G Corridor Roll-Out | +0.8% | Slovakia and Czechia | Medium term (2-4 years) |
| EU Green Deal Modal-Shift Incentives | +1.1% | Germany and Czechia | Long term (≥ 4 years) |
| Reshoring of Critical Manufacturing | +1.3% | Battery-production locations in Germany | Medium term (2-4 years) |
| Rapid B2C Parcel Density Beyond Tier-1 Cities | +1.4% | Hungary beyond the capital | Short term (≤ 2 years) |
| Defense-Logistics Uptick Since Russia's Invasion of Ukraine | +0.4% | Freight rail connections in Finland | Medium term (2-4 years) |
| Autonomous Yard-Truck Pilots Advancing Toward Deployment | +0.3% | Container-terminal areas in the United Kingdom | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Pan-European 5G Corridor Roll-Out
Connected freight applications gain a more useful foundation when mobile coverage extends along transport routes rather than stopping at population centers. First-half 2026 monitoring by Slovakia's regulator confirmed that Orange Slovensko, Slovak Telekom and O2 Slovakia had met coverage duties due December 31, 2025. The 700 MHz auction duties covered all operating motorway and expressway sections, pan-European rail corridors and inland waterways of international significance in Slovakia. They also required 5G coverage for at least 95% of each regional capital's population. Slovak Telekom and T-Mobile Czech Republic also planned, for January 2026 to November 2028, 5G standalone deployment and validation along 80 kilometers of highway and 68 kilometers of railway on the Rhine-Danube corridor between Slovakia and Czechia, including network handover at the border. Continuous coverage across that border would allow route-based digital services to extend between national networks for cross-border road and rail operators, broadening the service scope those operators could offer.
EU Green Deal Modal-Shift Incentives
Rail funding can improve the practicality of cross-border freight services when it addresses both network connections and the equipment using them. In July 2025, the European Commission provisionally selected Connecting Europe Facility transport projects, directing 77% of total funding to rail infrastructure across the core and extended Trans-European Transport Network. The allocation covered passenger and other rail uses alongside freight. A September 2025 decision formally selected the projects, with assistance ceilings and implementation conditions governed by grant agreements. The selection included onboard upgrades to internationally operable freight locomotives and vehicles in Czechia and Germany. Because the projects were selected rather than delivered, freight benefits depend on completing the onboard upgrades, making locomotive fitting in Czechia and Germany a practical test of whether funding translates into usable cross-border capacity.
Reshoring of Critical Manufacturing
Bringing battery-cell manufacturing into Europe can relocate transport tasks associated with production and subsequent vehicle testing. On December 17, 2025, PowerCo SE commissioned its Salzgitter gigafactory in Germany and produced its first Unified Cells made in Europe. A gradual production ramp-up was planned after this initial manufacturing milestone. Volkswagen Group brands were intended to receive cells for final road tests, linking the first production stage to a defined downstream use. For logistics operators, the initial transport requirement would connect cell manufacturing with vehicle-development activities. Freight demand from this source would therefore track the planned ramp-up, starting with road-test quantities and expanding only as Salzgitter output increased.
Rapid B2C Parcel Density Beyond Tier-1 Cities
Extending collection access beyond a capital can widen the area in which a parcel carrier offers a practical delivery option. On June 2, 2026, GLS Hungary installed its 3,000th parcel locker in Szeged. Its network then comprised 3,000 lockers across more than 670 Hungarian municipalities. The Szeged installation contained 236 compartments in 20 columns, providing a concentrated collection point within a shopping center. Such a configuration can pool deliveries at a shared destination while extending the network's municipal reach. Pooling deliveries at shared stops lets GLS Hungary serve parcel demand across more than 670 municipalities, extending access beyond the capital without separate deliveries to every address.
Restraints Impact Analysis of Europe Freight and Logistics Market*
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Driver-Shortage Inflation Spiral | -1% | Spain's international road-freight corridors | Medium term (2-4 years) |
| Rail Network Capacity Bottlenecks | -0.6% | Rail corridors in the Netherlands | Medium term (2-4 years) |
| Port Labor-Union Disruptions | -0.4% | The Netherlands' container ports | Short term (≤ 2 years) |
| Carbon-Border Adjustment Compliance Costs | -0.2% | Germany and the Netherlands | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Driver-Shortage Inflation Spiral
Truck availability cannot translate into additional freight services when operators lack the drivers needed to accept work. The International Road Transport Union (IRU) estimated around 502,000 unfilled truck-driver positions in Europe in 2025, equivalent to approximately 13% of positions.[1] Around two-thirds of surveyed European operators reported turning down new contracts because they could not find enough drivers. Separately, Spanish drivers conducting international operations saw wages rise 5.1% year over year in the first quarter of 2025. Together, unstaffed capacity and higher labor costs can restrict how much additional business a road carrier can profitably serve.
Rail Network Capacity Bottlenecks
Rail capacity depends on the operating time and infrastructure conflicts attached to a freight path. ProRail's Network Statement 2027 specifies standard freight paths between Onnen and Delfzijl in the Netherlands at 60 kilometers per hour in both directions. In the 2025 timetable, the affected freight trains took about 20 minutes longer than initially planned and required an extra noncommercial stop in Bedum. The 2027 statement also reproduced a 2025 Groningen congestion statement describing conflicts with Arriva passenger services and Reitdiep bridge openings. Such constraints can absorb locomotive and crew time without adding a revenue-generating movement. The usable quality of an allocated path therefore limits the freight service an operator can add, even when infrastructure access is available.
*Our forecasts treat driver/restraint impacts as directional, not additive. The impact forecasts reflect baseline growth, mix effects, and variable interactions.
Europe Freight and Logistics Market Segment Analysis
By End User Industry:
Manufacturing Anchors Demand as Retail Delivery ExpandsManufacturing accounted for a 32.03% share of the Europe freight and logistics market size in 2026. In July 2025, Kuehne+Nagel renewed its agreement with Airbus for production and storage logistics across Spain. The reported operation involved more than 900 Kuehne+Nagel employees at 16 Spanish sites. Services included in-plant logistics, inter-site transport, warehouse-to-line deliveries, fulfillment-center operations and spare-parts management. The Airbus operation shows manufacturing logistics bought as embedded site work as well as freight movement, so providers serving this segment are valued for running plant and spare-parts operations alongside transport.
Wholesale and retail trade is the fastest-growing segment, forecast to record a CAGR of 3.4% from 2027 to 2032. In 2025, 78% of people in the EU reported buying or ordering goods or services online, compared with 62% in 2015. Action opened its first Spanish distribution center in Illescas on June 12, 2025. The 58,820-square-meter facility, served by DHL Supply Chain, was designed to supply up to 210 stores across Spain and Portugal. For logistics providers, a hub designed to replenish stores in Spain and Portugal creates a regional distribution requirement alongside potential online-order fulfillment, so serving retail expansion can require both store-supply capacity and individual goods deliveries.
By Logistics Function:
Physical Transport Scale Meets Parcel Service GrowthFreight transport represented a 62.71% Europe freight and logistics market share in 2026, making it the largest segment. In 2025, EU road freight reached 1.89 trillion metric ton-kilometers, up 0.9% from 2024. Empty vehicles accounted for 21.8% of EU road-freight vehicle-kilometers in 2025, rising to 26% in national transport against 12.9% in international transport. With a greater proportion of distance traveled empty, domestic carriers have more scope to turn return journeys into loaded work, improving use of the same vehicles.
Courier, express, and parcel (CEP) is the fastest-growing segment, with a forecast CAGR of 3.55% from 2027 to 2032. Across its core parcel-delivery business, Geopost's volumes increased 7.9% in the first half of 2026. Its European out-of-home delivery volumes rose more than 30% during that period, supported by a Pickup network of 166,000 points. Out-of-home growth of that size ties parcel capacity to pickup-point density, so network coverage helps determine how much of that expansion a carrier can accommodate.
Geography Analysis
Germany Freight and Logistics Market
Germany held a 14.86% Europe freight and logistics market share in 2026. Provisional German road-freight performance reached 470.5 billion metric ton-kilometers in 2025, including movements by German and foreign trucks. In November 2025, DHL Supply Chain launched its third Halle-area logistics center, fully operational within the Leipzig-Halle Campus. The center provided 34,000 square meters of warehouse area and capacity for up to 55,000 pallet spaces. Because the road-freight total includes foreign trucks, Germany's activity base extends beyond German carriers, giving logistics providers serving that traffic a potential customer base broader than domestic fleet operators.
Netherlands Freight and Logistics Market
The Netherlands is the fastest-growing geography, with a projected CAGR of 4.02% from 2027 to 2032. Rotterdam handled 14.2 million 20-foot equivalent units (TEU) in 2025, up 3.1%, which the port attributed to a 9.3% rise in import volumes from Asia. Container weight fell 0.2% in 2025, and lower exports and weaker transshipment contributed to greater empty-container throughput. On Dutch inland waterways, loaded-container traffic measured in TEU grew 3.3% in 2025, while empty-container traffic grew 8.6%. Import-led growth can therefore feed hinterland cargo flows, while the faster growth in empty containers adds repositioning work without carrying cargo.
Outside Germany and the Netherlands, freight channels vary, with Danish cargo ports and Finnish railways handling more volume in 2025 and Swedish domestic food, beverage and tobacco trucking distance returning to its 2023 level. France, Italy and Spain provided substantial domestic and international road-freight tonnage bases in 2025. Norway's mainland domestic road-freight performance, excluding cabotage, declined in 2025, and Eimskip increased operations of its own trucking fleet in Iceland during that year. In Russia, Russian Railways recorded lower cargo loading in 2025, and in the United Kingdom, Great Britain-registered heavy goods vehicles carried domestic goods combining road with another mode. In the rest of Europe, Polish hauliers' combined international, cross-trade and cabotage work exceeded their domestic transport performance in 2025, which ties suppliers serving those hauliers to cross-border road demand.
Regulatory Framework and Outlook
The comparison assesses selected jurisdictions, Germany and the Netherlands, from the perspective of road-freight operators using their covered road networks. Germany charges vehicles designated or used for freight with technically permissible maximum mass above 3.5 metric tons on federal motorways and highways, subject to statutory exemptions. Dutch and foreign N2/N3 trucks with technical maximum mass above 3,500 kilograms face Dutch distance-based charges on nearly all motorways and some provincial and municipal roads. Following strikes by the United States and Israel on Iran in February 2026, the Dutch government cited Middle East conflict-related fuel-cost increases as grounds for temporary toll relief.
Regulatory Table of Europe Freight and Logistics Market
| Decision factor | Germany | Netherlands |
|---|---|---|
| Primary authority | Bundesamt für Logistik und Mobilität (BALM) | Ministry of Infrastructure and Water Management; RDW for onboard-unit compliance |
| Key instruments or direction | Bundesfernstraßenmautgesetz; zero-emission truck exemption through June 30, 2031 | Truck toll from July 1, 2026; working onboard unit required for covered N2/N3 trucks |
| Commercial effect | Per-kilometer infrastructure, air-pollution, noise and CO2 charges, with statutory exemptions | Usage-based toll; Eurovignette ended; vehicle tax abolished for trucks up to 12,000 kilograms and reduced to the EU minimum for heavier trucks |
| Current policy attractiveness | Medium | Medium |
| Future direction of policy attractiveness | Hardening | Hardening |
| Source: Mordor Intelligence | ||
Germany's medium rating balances recurring toll charges with the zero-emission truck exemption enacted in December 2025 through June 30, 2031. Its hardening direction reflects EU Directive 1999/62/EC's 75% limit on optional zero-emission reductions from CO2 emission class 1 charges from July 1, 2031, and Germany's July 1, 2026 CO2-threshold tightening for trucks with technically permissible maximum laden mass above 16 metric tons, which can raise toll costs for reclassified vehicles. The Netherlands' medium rating balances the new per-kilometer truck toll against abolished or reduced vehicle tax and temporary 22.3% toll relief from September 1 through December 31, 2026. Its hardening direction follows that relief's expiry and an August 2026 announcement of a 2.6% inflation-linked rate increase from January 1, 2027.
Value Chain Stages
The value chain compares how transport arrangement, terminal handling, hinterland movement and warehousing generate supplier revenue. DSV contracts freight suppliers, consolidates goods in terminals and provides origin and destination services, including customs clearance. These linked responsibilities make the quality of handoffs commercially important because a provider can coordinate several stages while depending on other operators to complete them.
Value Chain Analysis Table of Europe Freight and Logistics Market
| Primary activity | Key participants | Value capture | Bottleneck | Resilience response |
|---|---|---|---|---|
| Transport arrangement and consolidation | Freight forwarders such as DSV and DHL Group | Forwarding and coordination service revenue | Dependencies between contracted transport and customs handoffs | Assign documentation responsibilities alongside transport bookings |
| Port-terminal transfer | Container-terminal operators such as HHLA | Handling revenue at completion; rental income over time | Timing mismatch between container handling and onward movement | Coordinate terminal release with onward departure windows |
| Hinterland transport | Rail operators such as METRANS and Roland Spedition; trucking firms such as CTD | Transport income over the service period | Dependence on connections between rail and road legs | Arrange alternative onward combinations for disrupted connections |
| Warehousing and contract logistics | Contract-logistics providers such as DHL Supply Chain | Warehousing and value-added service revenue | Space and handling resources committed against changing flows | Phase handling capacity with contracted service requirements |
| Source: Mordor Intelligence | ||||
HHLA's handling revenue arises when the transfer is completed, while its intermodal transport income accrues over time. That difference makes reliable onward movement important to the earnings quality of a vertically integrated operator. Further integration can shift value toward providers that synchronize these revenue-generating stages and reduce the risk of a completed terminal transfer feeding an interrupted inland journey.
Competitive Landscape
Market Concentration
The competitive structure combines integrated ocean and logistics networks, represented by A.P. Moller - Maersk, with intermediary services that coordinate freight movements between customers and carriers. DHL Group's Global Forwarding, Freight division brokers air, ocean and overland transport between customers and freight carriers. Kuehne+Nagel acquired the Madrid-based Spanish road-logistics provider TDN on June 16, 2025, adding daily routes across Spain, including the Balearic and Canary Islands, and Portugal. Acquiring local routes can connect a global service offer with delivery coverage that a shipper can use within a specific national distribution network.
DSV A/S completed its acquisition of Schenker from Deutsche Bahn on April 30, 2025.[2] Schenker became part of DSV, with integration beginning after closing and bringing a previously separate transport and logistics business under one owner. For shippers with geographically dispersed production and distribution operations, a larger network can reduce the number of separate service relationships needed and place coordination risk with one accountable provider.
On October 16, 2025, FedEx announced 5 additional weekly flights connecting Asian origins with its Paris Charles de Gaulle hub. The announcement comprised 3 flights from Guangzhou and 2 from Shanghai. For importers using the Asia-Europe lane, greater hub frequency can create more choices for aligning international transport with onward delivery requirements. Economic operators bringing goods into or transiting through the EU must submit safety and security data to Import Control System 2 (ICS2) through an Entry Summary Declaration. Because every operator bringing goods into the EU must file the same ICS2 safety and security data, the announced Paris frequency adds lane capacity and schedule choices rather than exclusive regulatory access.
Europe Freight and Logistics Industry Leaders
-
A.P. Moller - Maersk
-
DHL Group
-
Kuehne+Nagel
-
DSV A/S (Including DB Schenker)
-
FedEx
- *Disclaimer: Major Players sorted in no particular order
Europe Freight and Logistics Market Companies Covered in this Report
- A.P. Moller - Maersk
- C.H. Robinson
- CMA CGM Group (Including CEVA Logistics)
- DACHSER
- DHL Group
- DSV A/S (Including DB Schenker)
- Expeditors International of Washington, Inc.
- FedEx
- CEVA Logistics
- Hapag-Lloyd
- Hellmann Worldwide Logistics
- International Distribution Services (Including GLS)
- Kuehne+Nagel
- La Poste Group
- Mainfreight
- Panattoni Europe
- Rhenus Group
- SNCF Group
- United Parcel Service of America, Inc. (UPS)
- XPO, Inc.
Recent Industry Developments in Europe Freight and Logistics Market
- Sep 2026: Uber Freight announced plans to expand its European fourth-party logistics business through investment in operations, dedicated product and engineering resources, and a second European location in Krakow, Poland.
- Aug 2026: DP World announced plans to build a temperature-controlled logistics hub at the Port of Antwerp in Belgium with development partners Montea and Maatschappij Linkerscheldeoever. The planned facility was designed primarily for healthcare and pharmaceutical logistics, with about half of warehouse capacity dedicated to perishables.
Scope and Methodology
Segmentation Overview
By End User Industry
| Agriculture, Fishing, and Forestry |
| Construction |
| Manufacturing |
| Oil and Gas, Mining and Quarrying |
| Wholesale and Retail Trade |
| Others |
By Logistics Function
| Courier, Express, and Parcel (CEP) | By Destination Type | Domestic |
| International | ||
| Freight Forwarding | By Mode of Transport | Air |
| Sea and Inland Waterways | ||
| Others | ||
| Freight Transport | By Mode of Transport | Air |
| Pipelines | ||
| Rail | ||
| Road | ||
| Sea and Inland Waterways | ||
| Warehousing and Storage | By Temperature Control | Non-Temperature Controlled |
| Temperature Controlled | ||
| Other Services | ||
By Geography
| Denmark |
| Finland |
| France |
| Germany |
| Iceland |
| Italy |
| Netherlands |
| Norway |
| Russia |
| Spain |
| Sweden |
| United Kingdom |
| Rest of Europe |
| By End User Industry | Agriculture, Fishing, and Forestry | ||
| Construction | |||
| Manufacturing | |||
| Oil and Gas, Mining and Quarrying | |||
| Wholesale and Retail Trade | |||
| Others | |||
| By Logistics Function | Courier, Express, and Parcel (CEP) | By Destination Type | Domestic |
| International | |||
| Freight Forwarding | By Mode of Transport | Air | |
| Sea and Inland Waterways | |||
| Others | |||
| Freight Transport | By Mode of Transport | Air | |
| Pipelines | |||
| Rail | |||
| Road | |||
| Sea and Inland Waterways | |||
| Warehousing and Storage | By Temperature Control | Non-Temperature Controlled | |
| Temperature Controlled | |||
| Other Services | |||
| By Geography | Denmark | ||
| Finland | |||
| France | |||
| Germany | |||
| Iceland | |||
| Italy | |||
| Netherlands | |||
| Norway | |||
| Russia | |||
| Spain | |||
| Sweden | |||
| United Kingdom | |||
| Rest of Europe | |||
Market Definition
- Agriculture, Fishing, and Forestry (AFF) - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the AFF industry players. The end user players considered are the establishments primarily engaged in growing crops, raising animals, harvesting timber, harvesting fish & other animals from their natural habitats and providing related support activities. Herein, Logistics Service Providers (LSPs) play a crucial role in acquisition, storage, handling, transportation, and distribution activities for the optimal & continuous flow of inputs (seeds, pesticides, fertilizers, equipment, and water) from manufacturers or suppliers to the producers and smooth flow of output (produce, agro-goods) to distributors/ consumers. This includes both termperature controlled and non-temperature controlled logistics, as and when required according to the shelf life of goods being transported or stored.
- Construction - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the construction industry players. The end user players considered are the establishments primarily engaged in constructing, repairing and renovating residential & commercial buildings, infrastructure, engineering works, subdividing and developing land. Logistics Service Providers (LSPs) play a crucial role in increasing profitability of construction projects by maintaing the inventory of raw materials & equipment, time-critical supplies and by providing other value added services for effective project management.
- Courier, Express, and Parcel - The Courier, Express, and Parcel services, often called as CEP Market, refers to the logistics and postal service providers which specialize in moving small goods (parcels/packages). It captures the overall market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, (2) Business Customer packages viz. Business-to-Business (B2B) & Business-to-Consumer (B2C) as well as private customer packages (C2C), (3) non-express parcel delivery services (Standard and Deferred) as well as express parcel delivery services (Day-Definite-Express and Time-Definite-Express), (4) domestic as well as international parcels.
- Demographics - To analyse total addressable market demand, population growth & forecasts have been studied and presented in this industry trend. It represents population distribution across categories like gender (male/female), development area (urban/rural), major cities among other key parameters like population density and final consumption expenditure (growth and share % of GDP). This data has been used for assessing the fluctations in demand & consumption expenditure, and the major hotspots (cities) of potential demand.
- Export Trends and Import Trends - Overall logistics performance of an economy is positively and significantly (statistically) correlated to its trade performance (exports and imports). Hence, in this industry trend, total value of trade, major commodities/ commodity groups and the major trade partners, for the studied geography (country or region as per the scope of report) have been analysed alongside the impact of major trade/logistics infrastructure investments & regulatory environment.
- Freight Forwarding - Freight forwarding which herein refers to the freight transportation arrangement (FTA) industry includes establishments primarily engaged in arranging & tracking transportation of freight between shippers and carriers. Logistics Service Providers (LSPs) considered are freight forwarders, NVOCCs, custom brokers and marine shipping agents. Others segment under Freight Forwarding captures the revenue earned through value added services of FTA like custom brokerage/clearance activities, preparation of freight related documentation, consolidation-deconsolidation of goods, cargo insurance & compliance, arrangement of warehousing & storage, liasing with shippers, and freight forwarding through other modes of transport viz. road and rail.
- Freight Pricing Trends - Freight pricing by mode of transport (USD/tonkm), over the review period, has been presented in this industry trend. The data has been used in assessing the inflationary environment, impact on trade, freight turnover (tonkm), freight and logistics market demand by mode of transport segments and hence the overall freight and logistics market size.
- Freight Tonnage Trends - Freight tonnage (weight of goods in tons) handled by mode of transport, over the review period, has been presented in this industry trend. The data has been used as one of the parameters apart from average distance per shipment (km), freight volume (tonkm), and freight pricing (USD/tonkm) to assess the freight transport market size.
- Freight Transport - Freight Transport refers to the hiring of a logistics service provider (outsourced logistics) for the transport of commodities (raw materials/final/intermediate/finished goods including both solids and fluids) from the origin to a destination within the country (domestic) or cross-border (international).
- Freight and Logistics - External expenditure on (or outsourced) facilitation of freight transport (freight transportation), arrangement of freight transport through an agent (freight forwarding), warehousing and storage (temperature controlled or non-temperature controlled), CEP (domestic or international courier, express and parcel) and other value-added logistics services involved in the transportation of commodities (raw materials or finished goods including both solids and fluids) from the origin to a destination within the country (domestic) or cross-border (international), through one or more modes of transportation viz. road, rail, sea, air and pipelines constitute freight and logistics market.
- Fuel Price - Fuel price spikes can cause delays and diruption for logistics service providers (LSPs), while drops in the same can result in higher short-term profitability and increased market rivalry to offer consumers with the best deals. Hence, the fuel price variations have been studied over the review period and presented along with the causes as well as market impacts.
- GDP Distribution by Economic Activity - Nominal Gross Domestic Product and distribution of the same, across major economic sectors in the geography studied (country or region as per scope of the report) have been studied and presented in this industry trend. As GDP is positively related to the profitability and growth of logistics industry, this data has been used in adjunction to the input-output tables/ supply-use tables for analyzing the potential major contributing sectors towards the logistics demand.
- GDP Growth by Economic Activity - Growth of Nominal Gross Domestic Product across major economic sectors, for the geography studied (country or region as per scope of the report) have been presented in this industry trend. This data has been utilized for assessing the growth of logistics demand from all the market end users (economic sectors considered here).
- Inflation - Variations in both Wholesale Price Inflation (YoY change in producer price index) and Consumer Price Inflation have been presented in this industry trend. This data has been used to assess the inflationary environment as it plays a vital role in smooth functioning of the supply chain, directly impacting the logistics operational cost components e.g., pricing of tyres, driver wages & benefits, energy/fuel prices, maintenace costs, toll charges, warehousing rents, custom brokerage, forwarding rates, courier rates etc. hence impacting the overall freight and logistics market.
- Infrastructure - As infrastructure plays a vital role in an economy's logistics performance, variables like length of roads, distribution of road length by surface category (paved v/s unpaved), distribution of road length by road classification (expressways v/s highways v/s other roads), rail length, volume of containers handled by major ports and tonnage handled by major airports have been analysed and presented in this industry trend.
- Key Industry Trends - The report section named "Key Industry Trends" include all the key variables/parameters studied to better analyze the market size estimates and forecasts. All the trends have been presented in the form of data points (time series or latest available data points) along with analysis of the paramter in the form of concise market relevant commentary, for the geography studied (country or region as per the scope of report).
- Key Strategic Moves - The action taken by a company to differentiate from its competitor or used as a general strategy is referred to as a key strategic move (KSM). This includes (1) Agreements (2) Expansions (3) Financial Restructuring (4) Mergers and Acquisitions (5) Partnerships, and (6) Product Innovations. Key players (Logistics Service Providers, LSPs) in the market have been shortlisted, their KSM have been studied and presented in this section.
- Liner Shipping Bilateral Connectivity Index - It indicates a country pair's integration level into global liner shipping networks and plays a crucial role in determining bilateral trade, which in turn potentially contributes toward the prosperity of a country and its surrounding region. Hence the major economies connected to the country/ region as per scope of the report, have been analyzed and presented in "Liner Shipping Connectivity" industry trend.
- Liner Shipping Connectivity - This industry trend analyses the state of connectivity to the global shipping networks based on the status of maritime transport sector. It includes the analysis of liner shipping connectivity, bilateral shipping connectivity, and port liner shipping connectivity indices for the geography (country/ region as per scope of the report) over the review period.
- Liner Shipping Connectivity Index - It indicates how well countries are connected to global shipping networks based on the status of their maritime transport sector. It is based on five components of the maritime transport sector: (1) The number of shipping lines servicing a country, (2) The size of the largest vessel used on these services (in TEUs), (3) The number of services connecting a country to the other countries, (4) The total number of vessels deployed in a country, (5) The total capacity of those vessels (in TEUs).
- Logistics Performance - Logistics Performance and Logistics Costs are the backbone of trade, and influences trade costs, making countries compete globally. Logistics performance is influenced by market wide adopted supply chain management strategies, government services, investments & policies, fuel/ energy costs, inflationary environment etc. Hence, in this industry trend, the logistics performance of the geography studied (country/ region as per the scope of report) has been analysed and presented over the review period.
- Major Truck Suppliers - Market share of truck brands is influenced by factors like geographical preferences, portfolio of truck types, truck prices, local production, truck repair & maintenance service peneteration, customer support, technological innovations (like electric vehicles, digitalization, autonomous trucks), fuel efficiency, financing options, annual maintenance costs, availability of substitutes, marketing startegies etc. Hence, the distribution (share % for base year of the study) of truck sales volume for leading truck brands and commentary on current market scenario & market anticipation over the forecast period have been presented in this industry trend.
- Manufacturing - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the Manufacturing industry players. The end user players considered are the establishments primarily engaged in the chemical, mechanical or physical transformation of materials or substances into new products. Logistics Service Providers (LSPs) play a crucial role in maintaining a smooth flow of raw materials across the supply chain, enabling timely delivery of finished goods to distributors or end customers and storing & supplying the raw materials to clients for just-in-time manufacturing.
- Maritime Fleet Load Carrying Capacity - Maritime fleet load carrying capacity depicts the development state of an economy's maritime infrastructure & trade. It is influenced by factors like volume of production, international trade, major end user industries, maritime connectivity, environmental regulations, investments in port infrastructure development, port container cargo handling capacity etc. This industry trend represents the maritime fleet load carrying capacity by type of ship viz. container ships, oil tankers, bulk carriers, general cargo, among other types alongwith the influencing factors for the geography studied (country/ region as per scope of the report), over the review period.
- Modal Share - Freight Modal Share is influenced by factors like modal productivity, government regulations, containerization, distance of shipment, temperature control requirements, type of goods, international trade, terrain, speed of delivery, shipment weight, bulk shipments, etc. Also, modal share by tonnage (tons) and modal share by freight turnover (ton-km) differ as per average distance of shipments, weight of major commodity groups transported in the economy and number of trips. This industry trend represents the distribution of freight transported by mode of transport (tons as well as ton-km), for the study base year.
- Oil and Gas, Mining and Quarrying - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the extraction industry players. The end user players considered are the establishments that extract naturally occurring mineral solids, such as coal and ores; liquid minerals, such as crude petroleum; and gases, such as natural gas. Logistics Service Providers (LSPs) covers entire phases from upstream to downstream and plays a crucial role in the transportation of machinery, drilling equipments, extracted minerals, crude oil & natural gas and refined/ processed products from one place to another.
- Other End Users - Other end user segment captures the external (outsourced) logistics expenditure incurred by the financial services (BFSI), real estate, educational services, healthcare, and professional services (administrative, waste management, legal, architectural, engineering, design, consulting, scientific R&D). Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of supplies and documents to/from these industries such as transporting any equipment or resources required, shipping confidential documents and files, movement of medical goods & supplies (surgical supplies and instruments, including gloves, masks, syringes, equipment) to name a few.
- Other Services - Other Services segment captures revenue earned through (1) Value added services (VAS) for freight transportation by road, rail, air and sea & inland waterways, (2) VAS for marine cargo transportation (operation of terminal facilities such as harbours and piers, operation of waterway locks, navigation, pilotage and berthing activities, lighterage, salvage activities, lighthouse activities, among other miscellaneous support activities), (3) VAS for land freight transportation (operation of terminal facilities such as railway stations, stations for the handling of goods, operation of railroad infrastructure, switching and shunting, towing and road side assistance, liquefaction of gas for transportation purposes, among other miscellaneous support activities), (4) VAS for air cargo transportation (operation of terminal facilities such as airway terminals, airport and air-traffic-control activities, ground service activities on airfields, runway maintenance, inspection/ ferrying/ maintenance/ testing of aircrafts, aircraft fuelling services, among other miscellaneous support activities), (5) VAS for warehousing and storage service (operation of grain silos, general merchandise warehouses, refrigerated warehouses, storage tanks etc., storage of goods in foreign trade zones, blast freezing, crating goods for shipping, packing and preparing goods for shipping, labelling and/or imprinting the package, kit assembling and packaging services, among other miscellaneous support activities), and (6) VAS for courier, express and parcel service (pickup, sorting).
- Port Calls and Performance - The performance of ports is key to an economy's freight movement, trade, global connectivity, successful growth strategies, investment attractiveness for production & distribution systems, and thus affects GDP, employment, per capita income and industrial growth. Hence, the port perfomance parameters like median time spent by vessels in the ports; average age, size, cargo carrying capacity, container carrying capacity, of vessels entering the ports, port calls, and container port throughput have been analysed and presented in this industry trend.
- Port Liner Shipping Connectivity Index - It reflects a port's position in the global liner shipping network, wherein a higher value of index is associated with better connectivity. Efficient and well-connected ports (1) contribute towards minimizing transport costs, linking supply chains and supporting international trade, (2) pave the way for economies of scale and development of expertise by permitting producers to better exploit possibilities in domestic as well as foreign markets. Hence the major ports of strategic importance, in the country/ region as per scope of the report, have been analyzed and presented in "Liner Shipping Connectivity" industry trend.
- Port Throughput - It reflects the amount of cargo or number of vessels a port handles annually. It can be related to (1) cargo tonnage, (2) container TEU, and (3) vessel calls. Port throughput in terms of total containers handled (TEU's), has been presented in the "Port Calls and Performance" industry trend.
- Producer Price Inflation - It indicates inflation from viewpoint of the producers viz. the average selling price received for their output over a period of time. Annual change (YoY) of producer price index is reported as wholesale price inflation in the "Inflation" industry trend. As WPI captures dynamic price movements in most comprehensive way, it is widely used by governments, banks, industry, business circles and is deemed important in formulation of trade, fiscal and other economic policies. The data has been used in adjunction to consumer price inflation for better understanding the inflationary environment.
- Rest of Europe - Rest of Europe captures the outsourced logistics market for (1) Albania, (2) Andorra, (3) Armenia, (4) Austria, (5) Azerbaijan, (6) Belarus, (7) Belgium, (8) Bosnia and Herzegovina, (9) Bulgaria, (10) Croatia, (11) Cyprus, (12) Czech Republic, (13) Estonia (14) Georgia (15) Greece (16) Hungary (17) Ireland (18) Kazakhstan (19) Latvia (20) Liechtenstein (21) Lithuania (22) Luxembourg (23) Malta (24) Moldova (25) Monaco (26) Montenegro (27) North Macedonia (28) Poland (29) Portugal (30) Romania (31) San Marino (32) Serbia (33) Slovak Republic (34) Slovenia (35) Switzerland, and (36) Ukraine
- Segmental Revenue - Segmental Revenue has been triangulated or computed and presented for all the major players in the market. It refers to the freight and logistics market specific revenue earned by the company, over the base year of study, in the geography studied (country or region as per the scope of report). It is computed through the study and analysis of major parameters like financials, service portfolio, employee strength, fleet size, investments, number of countries present in, major economies of concern, etc. that have been reported by the company in its annual reports, webpage. For companies having scarce financial disclosures, paid databases like D&B Hoovers, Dow Jones Factiva have been resorted to and verified through industry/expert interactions.
- Transport and Storage Sector GDP - Value and growth of Transport and Storage Sector GDP has a direct relation to the freight and logistics market size. Hence, this variable has been studied and presented over the review period, in value terms (USD) and as share % of total GDP, in this industry trend. The data has been supported by concise and relevant commentary around the investments, developments, and current market scenario.
- Trends in E-Commerce Industry - Enhanced internet connectivity and boom in smartphone penetration, coupled with increasing disposable incomes, has led to a phenomenal growth in the e-commerce market globally. Online shoppers require fast and efficient delivery of their orders leading to an increase in the demand for logistics services especially e-commerce fulfilment services. Hence, the Gross Merchandise Value (GMV), historial and projected growth, breakup of major commodity groups in e-commerce industry for the studied geography (country or region as per scope of the report) have been analysed and presented in this industry trend.
- Trends in Manufacturing Industry - Manufacturing industry involves the transformation of raw materials into finished products, while logistics industry ensures the efficient flow of raw materials to the factory, and the transport of manufactured products to the distributors & consumers. Demand-Supply of both industries are highly cross-linked and critical for a seamless supply chain. Hence, the Gross Value Added (GVA), breakup of GVA into major manufacturing sectors, and growth of manufacturing industry over the review period have been analysed and presented, in this industry trend.
- Trucking Fleet Size By Type - Market share of truck types is influenced by factors like geographical preferences, major end user industries, truck prices, local production, truck repair & maintenance service peneteration, customer support, technological disruptions (like electric vehicles, digitalization, autonomous trucks) etc. Hence, the distribution (share % for base year of study) of truck parc volume by type of truck, market disruptors, truck manufacturing investments, truck specifications, truck use & import regulations, and market anticipation over the forecast period have been presented in this industry trend.
- Trucking Operational Costs - The prime reasons for measuring/ benchmarking logistics performance of any trucking company are to reduce operational costs and increase profitability. On the other hand, measuring operational costs helps to identify whether and where to make operational changes to control expenses and identify areas for improved performance. Hence, in this industry trend, trucking operational costs and the variables involved viz. driver wages & benefits, fuel prices, repairs & maintenance costs, tyre costs etc. have been studied over the base year of study, and presented for the geography studied (country or region as per the scope of report).
- Warehousing and Storage - Warehousing and storage segment captures revenue earned through the operation of general merchandise, refrigerated and other types of warehousing & storage facilities. These establishments take responsibility for storing the goods and keeping them secure in lieu of charges. Value added services (VAS) they may provide are considered to be a part of the "other services" segment. Here VAS refer to a range of services, related to the distribution of a customer's goods and can include labelling, breaking bulk, inventory control & management, light assembly, order entry & fulfillment, packaging, pick & pack, price marking & ticketing and transportation arrangement.
- Wholesale and Retail Trade - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the wholesalers and retailers. The end user players considered are the establishments primarily engaged in wholesaling or retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of supplies to and finished products from production houses to the distributors and finally to the end customer covering activites like material sourcing, transportation, order fulfillment, warehousing & storage, demand forecasting, inventory management etc.
| Keyword | Definition |
|---|---|
| Axle Load | The axle load of a wheeled vehicle is the total weight bearing on the roadway for all wheels connected to a given axle. |
| Back Haul | Backhaul is the return movement of a transport vehicle from its original destination to its original point of departure. |
| Bill of Lading | A bill of lading is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried. |
| Bunkering | Bunkering is the process of supplying fuel and/or gasoil to be used to power the propulsion system of a ship (such fuel is referred to as bunker). It includes the logistics of loading and distributing the fuel among available shipboard tanks. A person dealing in trade of bunker (fuel) is called a bunker trader. |
| Bunkering Service | Bunkering service is the supply of a requested quality and quantity of bunkers to a ship. |
| C-commerce | C-commerce (Collaborative commerce) describes electronically enabled business interactions among an enterprise’s internal personnel, business partners and customers throughout a trading community. The trading community could be an industry, industry segment, supply chain or supply chain segment. |
| Cabotage | Transport by a vehicle registered in a country performed on the national territory of another country. |
| Cartage Agent | A ground transportation service that provides pickup and delivery of freight in locations not served directly by an air or ocean carrier. |
| Contract logistics | Contract logistics refers to the outsourcing of resource management tasks by one company to a third-party company specializing in logistical matters, such as transportation, warehousing, and order fulfillment. |
| Courier | A business that is used to send messages, packages, etc. Courier service refers to the fast or quick, door to door pickup and delivery service for goods or documents. It can be local or international. A company that provides such delivery services is called a courier company. A courier company hires people to provide their services. Such a person hired by the courier service company is called a courier. |
| Cross docking | Cross docking is a practice in logistics management that includes unloading incoming delivery vehicles and loading the materials directly into outbound delivery vehicles, omitting traditional warehouse logistical practices and saving time and money. |
| Cross Trade | International transport between two different countries performed by a vehicle registered in a third country. A third country is a country other than the country of loading/embarkation and than the country of unloading/disembarkation. |
| Customs Clearance | The procedures involved in getting cargo released by Customs through designated formalities such as presenting import license/permit, payment of import duties and other required documentations by the nature of the cargo such as FCC or FDA approval. |
| Customs seal | Customs seal means a seal, stamp or any other preventive means affixed by customs officials to ensure the inviolability of goods, commercial means of transport or warehouses. |
| Dangerous Goods | Dangerous goods (or hazardous materials or HAZMAT) include flammable liquids/solids, gases, compressed, liquified, dissolved under pressure, corrosives, oxidising substances, explosive substances and articles, substances, which on contact with water, emit flammable gasses, organic peroxides, toxic substances, infectious substances, radioactive materials, miscellaneous dangerous goods and articles. |
| Direct Shipment | Direct shipment is a method of delivering goods from the supplier or the product owner to the customer directly. In most cases, the customer orders the goods from the product owner. This delivery scheme reduces transportation and storage costs, but requires additional planning and administration. |
| Drayage | A drayage is a form of trucking service that connects the different modes of shipping (intermodal), such as ocean freight or air freight. It’s a short-haul trip that transports goods from one place to another, usually before or after its long-haul shipping process. Drayage trucks move cargo to and from various destinations, such as container ships, storage lots, order fulfillment warehouses, and rail yards. Typically, drayage only transports goods in short distances and operates only in one metropolitan area. It also requires only one trucker in a single shift. |
| Dry Docking | Dry docking is a term used for repairs or when a ship is taken to the service yard. During dry docking, the whole ship is brought to a dry land so that the submerged portions of the hull can be cleaned or inspected. |
| Dry van | A dry van is a type of semi-trailer that's fully enclosed to protect shipments from outside elements. Designed to carry palletized, boxed or loose freight, dry vans aren't temperature-controlled (unlike refrigerated “reefer” units) and can't carry oversized shipments (unlike flatbed trailers). |
| Feedering | Transport service whereby loaded or empty containers in a regional are transferred to a “mother ship” for a long-haul ocean voyage. |
| Final Demand | Final demand includes all types of commodities (goods as well as services) consumed as final use and might include personal consumption, or consumption by government, by businesses as capital investment, and as exports. includes all types of commodities (goods as well as services) consumed as final use and might include personal consumption, or consumption by government, by businesses as capital investment, and as exports. |
| First mile Delivery | First mile delivery refers to the first stage of the transportation. This is when the parcel leaves the seller’s warehouse and is taken by the courier pick up agent to process it or take it to the warehouse. Once the package reaches the post office or the courier’s hub, it is then sorted and transported further until it reaches the customer’s doorstep. |
| Fiscal storage services | It means a facility, clearly separated from other premises, where the excise goods are produced, processed, held, received or dispatched under a duty suspension arrangement by an authorized depositor, in the course of his business, under conditions laid down by the customs authorities. |
| Flat Bed | It has a back body that is flatly shaped for easy loading and unloading of goods. The flatbed truck is mostly used to transport heavy, oversized, wide and indelicate goods. |
| Flatbed Truck | A flatbed truck is a type of truck with rigid design. It has a back body that is flatly shaped for easy loading and unloading of goods. The flatbed truck is mostly used to transport heavy, oversized, wide and indelicate goods such as machinery, building supplies or equipment. Due to the truck open body, the goods transported with it must not be vulnerable to rain. By functionality, the flatbed truck is comparable to a flatbed trailer. |
| Freight Transit Time | Transit time is how long it takes for a shipment to be delivered to its final destination after being picked up from a designated pick up point. |
| Halal Logistics | It refers to the process of managing the logistics operations such as fleet management, storage/warehousing, and materials handling according to the principles of Shariah law in ensuring the integrity of the halal products at the point of consumption. |
| Haulage | The commercial transport of goods. |
| Inbound Logistics | Inbound logistics is the way materials and other goods are brought into a company. This process includes the steps to order, receive, store, transport and manage incoming supplies. Inbound logistics focuses on the supply part of the supply-demand equation. |
| Intermediate Demand | Intermediate demand includes goods, services, and maintenance and repair construction sold to businesses, excluding capital investment. |
| International Loaded | Place of loading of goods in reporting country (i.e., country in which the vehicle performing the transport is registered) and place of unloading in a different country. |
| International Unloaded | Place of unloading of goods in reporting country (i.e., country in which the vehicle performing the transport is registered) and place of loading in a different country. |
| Last Mile Delivery | Last mile delivery refers to the very last step of the delivery process when a parcel is moved from a transportation hub to its final destination—which, usually, is a personal residence or retail store. |
| Less than-Truck-Load (LTL) | Less-than-truckload, also known as less-than-load (LTL), is a shipping service for relatively small loads or quantities of freight. An LTL provider combines the loads and shipping requirements of several different companies on their trucks, using a hub-and-spoke system to get goods to their destinations. |
| Locomotives Haluage | The transport of coal, ore, workers, and materials underground by means of locomotive-hauled mine cars. The locomotive may be powered by battery, diesel, compressed air, trolley, or some combination such as battery-trolley or trolley-cable reel. |
| Milkrun | A Milk Run is a delivery method used to transport mixed loads from various suppliers to one customer. Instead of each supplier sending a truck every week to meet the needs of one customer, one truck (or vehicle) visits the suppliers to pick up the loads for that customer. This method of transport got its name from the dairy industry practice, where one tanker used to collect milk from several dairy farms for delivery to a milk processing company. |
| Multi country consolidation | Multi-Country Consolidation (MCC) is a cost-effective solution that consolidates ones cargo from different countries of origin to build Full Container Loads (FCL). MCC is most suitable for companies that import light volumes of goods from multiple countries but want to take advantage of the more economic FCL freight rates. |
| Multi-Modal Logistics | Multimodal transportation or multimodal shipping refers to logistics and freight processes that require multiple modes of transportation. |
| Omni Channel Logistics | Omnichannel distribution is a multichannel approach taken by companies to give customers a way to purchase and receive orders from several sales channels with one-touch seamless integration. Some of the ways include- 1. Buy online, then pick-up at the brick and mortar store; 2. Buy online, then have it delivered to the home or another location; 3.In store purchase, with the delivery either to the home or another location; 4. Drop ship from a warehouse or manufacturing center to store, home or other location; 5.Buy online, then return at store or online; 6. Buy online, then return online. |
| OOG cargo | Out of Gauge (OOG) cargo is any cargo that can not be loaded into six-sided shipping containers simply because it is too large. The term is a very loose classification of all cargo with dimensions beyond the maximum 40HC container dimensions. That is a length beyond 12.05 meters – a width beyond 2.33 meters – or a height beyond 2.59 meters. |
| Other ships | Other ships include: Liquefied petroleum gas carriers, liquefied natural gas carriers, parcel (chemical) tankers, specialized tankers, reefers, offshore supply vessels, tugboats, dredgers, cruise, ferries, other non-cargo ships |
| Other Specialised Cargo | Other specialised goods include pre-slung goods (Goods, one or more items, supplied with a sling or slings), mobile units (Mobile Self Propelled Units, Non Self Propelled Units, unrolled vehicles), oversized equipment load (light and heavy machinery that is often too big or too heavy), high value freight that needs extra protection like electronics, financial services road freight. |
| Outsourced Freight Transport | Transport for hire or reward; The carriage for remuneration of goods. |
| Pallets | Raised platform, intended to facilitate the lifting and stacking of goods. |
| Part load | A part load describes goods which only fills a truck partially. In essence, the quantity of the shipment is bigger than the Less Than Truckload (LTL) shipment. Also, the shipment cannot fully occupy a truck i.e. its capacity is much lower than a Full Truckload (FTL) shipment. |
| Paved Road | Road surfaced with crushed stone (macadam) with hydrocarbon binder or bituminized agents, with concrete or with cobblestone. |
| Q-commerce | Q-commerce, also referred to as quick commerce, is a type of e-commerce where emphasis is on quick deliveries, typically in less than an hour. |
| Quay | A stone or metal platform lying alongside or projecting into water for loading and unloading ships. |
| Recommerce | Recommerce is the selling of previously owned items through online marketplaces to buyers who reuse, recycle or resell them. |
| ReverseLogistics | Reverse logistics is a type of supply chain management that moves goods from customers back to the sellers or manufacturers. |
| Road Freight Transport Service | Hiring a trucking agency for transport of commodities (raw materials or manufactured goods including both solids and liquids) form the origin to a destination within the country (domestic) or cross-border (international) constitutes road freight transport market. The service might be Full-Truck-Load or Less than-Truck-Load, containerized or non-containerized, temperature controlled or non temperature controlled, short haul or long haul. |
| Roll-on/roll-off cargo | Roll-on/roll-off (RORO or ro-ro) ships are cargo ships designed to carry wheeled cargo, such as cars, motorcycles, trucks, semi-trailer trucks, buses, trailers, and railroad cars, that are driven on and off the ship on their own wheels or using a platform vehicle, such as a self-propelled modular transporter. |
| Swap bodies | A swap body, swop body, exchangeable container or interchangeable unit, is one of the types of standard freight containers for road and rail transport. |
| Tank Barge | A non-self-propelled vessel constructed or adapted primarily to carry liquid, solid or gaseous commodities or cargos in bulk in cargo spaces (or tanks) through rivers and inland waterways, and may occasionally carry commodities or cargos through oceans and seas when in transit from one inland waterway to another. The commodities or cargos transported are in direct contact with the tank interior. |
| Tautliner vehicle | Tautliner and curtainsider are used as generic names for curtain sided trucks/trailers. The curtains are permanently fixed to a runner at the top and detachable rails/poles at front and rear, allowing the curtains to be drawn open and forklifts used all along the sides for easy and efficient loading and unloading. When closed for travel, vertical load restraint straps are attached to a rope rail beneath the truck bed, connecting the truck bed and curtain along both sides. Winches at either end of the curtain tension it, hence the 'Tautliner' name. This stops the curtain from flapping or drumming in the wind and can also help retain light loads from slipping sideways. |
| Transloading | Transloading is a shipping term that refers to the transfer of goods from one mode of transportation to another en route to their ultimate destination. |
| Tsubo | A Japanese unit of area equal to 35.58 square feet. |
| Unpaved Road | Road with a stabilized base not surfaced with crushed stone, hydrocarbon binder or bituminized agents, concrete or cobblestone. |
| Vessel Husbandry Services | It includes ship maintenance, repairs, cleaning, upkeep of the hull and rigging and equipment. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
