- Argentina
- Armenia
- Asia
- Asia Pacific
- Australia
- Bangladesh
- Brazil
- Cambodia
- Canada
- Chile
- China
- Colombia
- Czech Republic
- Egypt
- Estonia
- Europe
- 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
Freight and Logistics Market Analysis by Mordor Intelligence
The freight and logistics market size is expected to increase from USD 6.72 trillion in 2026 to USD 7.04 trillion in 2027 and reach USD 8.84 trillion by 2032, growing at a CAGR of 4.67% over 2027-2032.
Online retail fulfillment in India and manufacturing relocation in Mexico create demand for parcel services and locally connected distribution. These forces increase the value of coordinating warehouses, transport legs, and delivery commitments around specific commercial flows. Providers can respond through broader networks and longer customer agreements, with specialized handling creating another route to differentiation. Driver shortages and episodic port delays constrain how much booked capacity becomes dependable service. Expansion is most valuable where the provider can secure the staffing and transfer capacity needed to fulfill its wider service promise.
Key Report Takeaways
- Across end-user industries, wholesale and retail trade led with a 33.16% freight and logistics market share in 2026, while manufacturing is the fastest-growing segment at a forecast CAGR of 5.03% over 2027-2032.
- Among logistics functions, freight transport held a 61.23% share of the freight and logistics market size in 2026, and warehousing and storage is the fastest-growing segment at a forecast CAGR of 5.3% over 2027-2032.
- Geographically, Asia-Pacific led with a 41.74% market share in 2026 and is also the fastest-growing region at a forecast CAGR of 5.98% over 2027-2032.
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 Freight and Logistics Market*
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| E-Commerce Penetration in Emerging Markets | +2% | India’s parcel distribution network | Medium term (2-4 years) |
| On-Demand Same-Day Delivery Expectations | +1.6% | United States of America | Short term (≤ 2 years) |
| Infrastructure Upgrades and PPP Logistics Corridors | +1.3% | India and South Africa | Long term (≥ 4 years) |
| Reshoring and Near-Shoring of Manufacturing | +1.1% | Central Mexico’s industrial corridors | Medium term (2-4 years) |
| Mandatory Scope-3 Emissions Disclosure | +0.5% | European Union countries | Short term (≤ 2 years) |
| Defense-Sector Stockpiling | +0.3% | Canada, Denmark, Finland, Italy, Netherlands | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
E-Commerce Penetration in Emerging Markets
Delhivery’s Express parcel business delivered 1 billion e-commerce parcels in India in the year ended March 2026, matching its cumulative volume during its first 10 years. That annual workload creates demand for repeated collection, sorting, and delivery activity around online retail transactions. In the quarter ended June 30, 2026, its Express business reported 322 million shipments in India. For fulfillment providers, this scale makes parcel handling a recurring operating requirement across the seller-to-customer journey, rather than an occasional movement of consolidated merchandise. At this scale, contractable work extends beyond transport between sorting sites to the local collections and deliveries attached to individual orders.
On-Demand Same-Day Delivery Expectations
Same-day availability gives retailers a concrete reason to buy delivery capacity close to their customers. In Ryder’s March 2026 survey of 1,160 U.S. online shoppers, 9% said they often purchased from a company specifically because it offered same-day delivery.[1] Amazon reported that expansion of its U.S. Same-Day Delivery network in 2025 increased items delivered in less than a day by 70% year over year. The service is free for Prime members meeting a USD 25 checkout minimum in most U.S. areas, with local minimums varying. Amazon operates this network itself, so its expansion illustrates delivery availability rather than purchases from outside logistics providers. For retailers without their own network, purchasing local fulfillment and last-mile capacity offers a way to compete for the shoppers whose retailer choice depends on same-day delivery.
Infrastructure Upgrades and PPP Logistics Corridors
Multimodal infrastructure can widen the set of shippers able to use rail-connected logistics services. On May 2, 2025, India’s PPP Appraisal Committee listed the Greater Noida multimodal logistics hub in Uttar Pradesh for final approval. On August 13, 2026, Transnet Rail Infrastructure Manager published an RFI covering private-participation opportunities across approximately 9,098 kilometers of South Africa’s low-density B-Network branch lines. The RFI invited proposals on refurbishment, financing, operation, maintenance, and potential concessioning, which would extend private participation beyond initial construction if pursued. For freight operators, combining access infrastructure with handling facilities can create demand for services connecting industrial cargo to the core network. Approval-stage hubs and branch-line invitations create a pipeline for service development, with freight-service revenue dependent on usable facilities and operating arrangements.
Reshoring and Near-Shoring of Manufacturing
Manufacturers shifting production closer to North American customers create demand for logistics services around their new production locations. On December 4, 2025, DP World opened a 10,869-square-meter multi-customer warehouse in El Marqués, Querétaro, expanding its third-party logistics capacity amid nearshoring demand. The facility serves key industries and manufacturers shifting production to North America, linking the expansion to a specific industrial customer base. For these buyers, nearby storage can connect inbound materials with outbound distribution, creating a service opportunity around the production site. A multi-customer site can spread the fixed commitment to a new location across several manufacturers, reducing dependence on any single relocating customer.
Restraints Impact Analysis of Freight and Logistics Market*
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Driver Shortage and Aging Workforce | -0.9% | Europe and United States | Long term (≥ 4 years) |
| Port Congestion and Inland Bottlenecks | -0.7% | Canada’s East Coast ports | Short term (≤ 2 years) |
| Geopolitical Sanctions on Key Trade Lanes | -0.3% | European Union, Russia, Belarus | Medium term (2-4 years) |
| High Cybersecurity Insurance Premiums | -0.2% | Short term (≤ 2 years) | |
| Source: Mordor Intelligence | |||
Driver Shortage and Aging Workforce
Freight operators cannot turn available trucks into reliable service capacity without enough qualified drivers to operate them. IRU’s 2025 survey found around 2.9 million unfilled truck-driver positions, equivalent to 11% of the workforce across 18 surveyed markets. That gap can limit the additional loads a carrier accepts even when shippers are willing to purchase transportation. It also makes the economics of adding vehicles dependent on staffing, because equipment alone cannot supply a scheduled departure. In June 2025, U.S. carrier Silchuk Transport deployed 80 Volvo VNL 860 trucks with the goal of improving driver recruitment and retention. For carriers facing vacancies, the remaining commercial burden is the cost and uncertainty of staffing each additional route.
Port Congestion and Inland Bottlenecks
Port delays can constrain a shipper’s usable transportation capacity even when vessels and inland services are available. Canada’s East Coast container dwell times averaged 9.2 and 9.3 days in January and February 2025, against respective 3-year monthly averages of 4.7 and 4.3 days. UNCTAD reported that maritime port congestion in 2024 and into 2025 increased turnaround times and delays, reduced effective vessel supply and reliability, and exerted upward pressure on freight rates. For importers, such delays can require a larger time buffer between arrival and the date goods are needed. Canadian dwell times declined to approximately 3 to 4 days by year-end 2025. Protecting delivery commitments against a repeat episode carries the cost of holding that buffer time even after dwell times ease.
*Our forecasts treat driver/restraint impacts as directional, not additive. The impact forecasts reflect baseline growth, mix effects, and variable interactions.
Freight and Logistics Market Segment Analysis
By End User Industry:
Retail Distribution Scale and Manufacturing CoordinationWholesale and retail trade accounted for a 33.16% share of the freight and logistics market size in 2026. Within this largest segment, Walmart used 192 U.S. distribution facilities and 179 outside the United States in fiscal 2026. Most of its store and club merchandise purchases moved through these facilities, while most remaining purchases shipped directly from suppliers. Its U.S. network combined a private truck fleet with contracted common carriers, illustrating how retail logistics spans internal operations and purchased transportation. Because Walmart pairs a private truck fleet with contracted common carriers, outside carriers compete for the transportation work assigned beyond its private fleet.
Manufacturing is the fastest-growing segment, with a forecast CAGR of 5.03% over 2027-2032. In 2025, CEVA Logistics renewed a 3-year transport agreement with Safran covering aerospace parts from manufacturing sites in Morocco and Tunisia to destinations in France. The agreement concerned daily component movements, linking the logistics provider’s service to the manufacturer’s production geography. That arrangement gives logistics suppliers a commercial role in coordinating repeated cross-border flows, where the required service is closely tied to the location of industrial operations. Manufacturing demand therefore offers scope for contracts built around a production network, with coordination between named sites providing a more specific service proposition than transportation capacity alone.
By Logistics Function:
Transport Scale and Warehouse Capacity DemandFreight transport represented a 61.23% freight and logistics market share in 2026. Illustrating the scale of this largest segment, UK ports handled 428.3 million metric tons of freight in 2025, with tonnage down less than 1% from 2024. This large, broadly steady cargo base illustrates the physical scale that transport services must accommodate even without a strong annual volume increase. For operators, serving an established flow requires matching vessel and connecting transport capacity to the cargo that actually moves. With port tonnage broadly steady, a capacity expansion serving this UK flow would need to capture cargo from existing services to sustain utilization.
Warehousing and storage is the fastest-growing segment, with a forecast CAGR of 5.3% over 2027-2032. In Q3 2026, logistics real estate owner and lessor Prologis commenced leases covering 55.92 million square feet across its global portfolio, including operating properties and properties under development. Its logistics facilities serve business-to-business and retail or online fulfillment customers, connecting property demand to distinct distribution uses. For warehouse-service operators, leasing activity represents a physical-capacity commitment around which receiving, storage, and fulfillment services can be organized. Where an occupier outsources fulfillment, the operating contract is a separate award from the property lease, and logistics providers compete for it on service terms.
Geography Analysis
Asia-Pacific Freight and Logistics Market
Asia-Pacific held a 41.74% share of the freight and logistics market size in 2026 and is the fastest-growing region, with a forecast CAGR of 5.98% over 2027-2032. China’s ports handled 18.3 billion metric tons of cargo in 2025, up 4.2% from 2024.[2] That total covers domestic and foreign trade across coastal and inland river ports. Seaborne trade across the wider East Asia and Pacific subregion exceeded 6 billion tons in 2025. Rising throughput in China adds cargo for connecting services to handle, supporting capacity development across the transport legs linking ports with their customers.
In Europe, international transport accounted for 86.1% of the Netherlands’ rail freight metric ton-kilometers among main railway undertakings in 2025. Rotterdam’s sea-rail transfers influenced that structure, highlighting a logistics role in connecting an import gateway with cross-border rail distribution. In North America, Canada’s Port of Vancouver handled a record 170.4 million metric tons in 2025, up 8% from 2024, with containerized freight rising 6% and bulk freight 11%. Gateway service design therefore centers on international rail coordination in the Netherlands and on handling both bulk and containerized flows in Vancouver, with each cargo mix demanding different onward connections.
Within Middle East and Africa, Ethiopia’s Modjo Dry Port handled imports and exports following expansion by the government with World Bank support. In May 2026, processing times there had fallen from 60 to 15 days in some cases. Shorter clearance at Modjo can let freight forwarders turn containers faster for both import and export cargo. South America’s road channel is illustrated by Brazil, where road-freight movement reached 1.17 billion metric tons in 2025. Serving Brazil’s road workload therefore requires access to truck capacity alongside shipment coordination, giving carriers a direct operating role in the country’s logistics services.
Regional Editions
All regions
Regulatory Framework and Outlook
This comparison assesses selected jurisdictions from the perspective of commercial third-party road-logistics providers, including freight intermediaries. China’s ordinary-freight permit exception covers vehicles of 4,500 kilograms gross mass or less. U.S. property brokers need a USD 75,000 bond or trust fund before FMCSA will register them. The entry trade-off therefore depends on the asset and intermediary model being used, which can change the capital needed to serve a delivery requirement.
Regulatory Table of Freight and Logistics Market
| Decision factor | China | Germany | Saudi Arabia | United States | Brazil |
|---|---|---|---|---|---|
| Primary authority | Ministry of Transport and local transport authorities | Competent licensing authority for the operator’s place of business | Transport General Authority | Federal Motor Carrier Safety Administration | Agência Nacional de Transportes Terrestres |
| Key instruments or direction | Road-freight operator and freight-station rules | Section 3 of GüKG, subject to directly applicable EU law | Road Transport Law adjustment framework, granting 1 year from effectiveness with a possible extension of up to 6 months | 49 CFR § 387.307 financial security, effective January 16, 2026 | Minimum road-freight coefficients and statutory diesel-price trigger |
| Commercial effect | Covered operators need permits, with the specified permit exception for ordinary freight vehicles of 4,500 kilograms gross mass or less | Germany-based covered operators must meet reliability, financial-capacity, and professional-competence conditions | Status adjustment was required under a TGA mechanism | Property brokers need a USD 75,000 bond or trust fund before registration | Provider price floors, with ordinary semiannual updates and extraordinary updates when S10 diesel varies by more than 5% |
| Current policy attractiveness | Medium | Medium | Medium | Medium | High |
| Future direction of policy attractiveness | No change | No change | No change | No change | No change |
| Source: Mordor Intelligence | |||||
China’s bounded light-vehicle permit exception and Germany’s authorizations of up to 10 years provide specific operating routes, while remaining entry conditions support Medium ratings and continuity. Saudi Arabia’s Medium rating and No change outlook reflect the continuing adjustment obligation alongside extra preparation time, following the September 11, 2026 extension of specified heavy- and light-goods deadlines to February 27, 2027. U.S. financial security is a prerequisite for broker registration under the requirement effective January 16, 2026, supporting Medium attractiveness and continuity after that completed compliance transition. Brazil rates High for providers because minimum-price coefficients create a revenue floor, while its September 30, 2026 fuel-triggered update illustrates the existing adjustment mechanism.
Value Chain Stages
The value chain compares shipment coordination, physical transportation, and destination storage by the services suppliers sell and the handoffs they manage. Maersk offers customs and supply-chain management alongside transportation, warehousing, distribution, and cold storage. DHL Supply Chain also provides warehousing, transport, and value-added services, showing how one provider can participate across several operational stages. This breadth makes coordination between services a potential source of additional fee income, provided the provider can manage the handoffs.
Value Chain Analysis Table of Freight and Logistics Market
| Primary activity | Key participants | Value capture | Bottleneck | Resilience response |
|---|---|---|---|---|
| Shipment coordination and customs preparation | Integrated logistics providers such as A.P. Moller-Maersk | Coordination and customs-service fees | Misaligned shipment and clearance instructions | Validate shipment data and responsibilities before dispatch |
| Freight transportation | Transport-service providers such as DHL Supply Chain and A.P. Moller-Maersk | Transportation service revenue | Booked capacity that does not match the required departure | Coordinate alternative departures with the next handling stage |
| Warehousing and destination handling | Contract logistics providers such as DHL Supply Chain and A.P. Moller-Maersk | Storage, handling, and value-added service fees | Arrival peaks that exceed planned handling capacity | Align receiving schedules and labor with expected arrivals |
| Source: Mordor Intelligence | ||||
An integrated service bundle can capture revenue across coordination and execution, while each physical handoff adds a delivery task to manage. Combining stages therefore adds value when shipment instructions, transport arrivals, and warehouse receiving plans remain aligned. Future integration has the clearest commercial purpose where it reduces a specific handoff failure, because selling more services without that coordination simply concentrates several operational risks in one contract.
Competitive Landscape
Market Concentration
The industry combines broad international networks with specialist service offerings, and DSV A/S (including DB Schenker) expanded its forwarding and logistics network through its completed Schenker acquisition in 2025. DHL Group’s DHL Supply Chain unit acquired IDS Fulfillment LLC in the United States on May 5, 2025, adding warehouse and distribution space, while UPS combines parcel services with complex healthcare logistics. Kuehne+Nagel provides European road logistics and groupage services, while A.P. Moller-Maersk supplies ocean and integrated logistics. These different service positions leave a fragmented competitive field in which broad geographic coverage and specialized customer requirements create distinct bases for winning business.
Maersk signed a 10-year ocean and integrated logistics agreement with Castlery in February 2025 to support the furniture brand’s global expansion. Combining these services over that term gives the provider an opportunity to coordinate more of the customer’s distribution work within one commercial relationship. For a furniture buyer expanding internationally, continuity between ocean movement and other logistics services can make the scope of the agreement commercially important alongside transport execution. That strategy competes through the duration and breadth of a customer relationship, creating a different route to business expansion from the purchase of another logistics network.
By August 12, 2025, UPS Healthcare had achieved IATA CEIV Pharma certification at 18 key global locations.[3] This industry certification attaches to those facilities, making certified handling coverage a specific competitive capability. UPS also acquired Germany-based healthcare logistics provider Frigo-Trans in the first quarter of 2025, expanding its complex healthcare logistics capabilities. A pharmaceutical shipper seeking certified handling needs coverage at the facilities serving its route, so network breadth alone does not establish suitability. Challengers competing for that work face a facility-by-facility capability barrier, because a certified origin cannot supply the qualification required at a separate destination.
Freight and Logistics Industry Leaders
-
DSV A/S (Including DB Schenker)
-
DHL Group
-
United Parcel Service of America, Inc. (UPS)
-
Kuehne+Nagel
-
A.P. Moller-Maersk
- *Disclaimer: Major Players sorted in no particular order
Freight and Logistics Market Companies Covered in this Report
- A.P. Moller-Maersk
- Allcargo Logistics
- Americold
- Aramex
- C.H. Robinson
- CJ Logistics Corporation
- CMA CGM Group (Including CEVA Logistics)
- CTS Logistics Group
- Culina Group
- DACHSER
- DHL Group
- DP World
- DSV A/S (Including DB Schenker)
- Expeditors International of Washington, Inc.
- FedEx
- GEODIS
- GXO Logistics
- Hellmann Worldwide Logistics
- Hub Group
- International Distribution Services
- J.B. Hunt Transport Services, Inc.
- Japan Post Holdings Co., Ltd.
- JD.com, Inc. (Including JD Logistics, Inc.)
- Kintetsu Group Holdings Co., Ltd. (Including Kintetsu World Express, Inc.)
- Kuehne+Nagel
- La Poste Group (Including Geopost)
- Landstar System Inc.
- LOGWIN
- LX International Corp. (Including LX Pantos Co., Ltd.)
- Mainfreight
- NFI Industries
- NYK (Nippon Yusen Kaisha) Line
- Orient Overseas Container Line (OOCL Logistics)
- Penske Corporation (Including Penske Logistics)
- Poste Italiane
- Rhenus Logistics
- Ryder System, Inc.
- Savino Del Bene SpA
- SF Express (KEX-SF)
- Sinotrans, Ltd.
- The MSC Group (Mediterranean Shipping Company)
- Total Quality Logistics, LLC
- Uber Technologies Inc.
- United Parcel Service of America, Inc. (UPS)
- XPO, Inc.
- Yamato Holdings Co., Ltd.
Recent Industry Developments in Freight and Logistics Market
- Sep 2026: Aurizon opened its Kewdale freight terminal in Perth, designed to accommodate longer trains and move more freight between Western Australia and the eastern states.
- Sep 2026: CJ Logistics began full-scale operations at the Elwood Logistics Center in Illinois, jointly developed with Korea Ocean Business Corporation. At the announcement, the facility was pursuing U.S. foreign-trade-zone designation.
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
| Asia-Pacific | By Country | Australia |
| China | ||
| India | ||
| Indonesia | ||
| Japan | ||
| Malaysia | ||
| Thailand | ||
| Vietnam | ||
| Rest of Asia-Pacific | ||
| Denmark | ||
| Finland | ||
| France | ||
| Germany | ||
| Iceland | ||
| Italy | ||
| Netherlands | ||
| Norway | ||
| Poland | ||
| Romania | ||
| Russia | ||
| Spain | ||
| Sweden | ||
| Turkey | ||
| United Kingdom | ||
| Rest of Europe | ||
| Egypt | ||
| Nigeria | ||
| Qatar | ||
| Saudi Arabia | ||
| South Africa | ||
| United Arab Emirates | ||
| Rest of Middle East and Africa | ||
| Canada | ||
| Mexico | ||
| United States | ||
| Rest of North America | ||
| Argentina | ||
| Brazil | ||
| Chile | ||
| Colombia | ||
| Peru | ||
| Uruguay | ||
| Rest of South America | ||
| Europe | ||
| Middle East and Africa | ||
| North America | ||
| South America |
| 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 | Asia-Pacific | By Country | Australia |
| China | |||
| India | |||
| Indonesia | |||
| Japan | |||
| Malaysia | |||
| Thailand | |||
| Vietnam | |||
| Rest of Asia-Pacific | |||
| Denmark | |||
| Finland | |||
| France | |||
| Germany | |||
| Iceland | |||
| Italy | |||
| Netherlands | |||
| Norway | |||
| Poland | |||
| Romania | |||
| Russia | |||
| Spain | |||
| Sweden | |||
| Turkey | |||
| United Kingdom | |||
| Rest of Europe | |||
| Egypt | |||
| Nigeria | |||
| Qatar | |||
| Saudi Arabia | |||
| South Africa | |||
| United Arab Emirates | |||
| Rest of Middle East and Africa | |||
| Canada | |||
| Mexico | |||
| United States | |||
| Rest of North America | |||
| Argentina | |||
| Brazil | |||
| Chile | |||
| Colombia | |||
| Peru | |||
| Uruguay | |||
| Rest of South America | |||
| Europe | |||
| Middle East and Africa | |||
| North America | |||
| South America | |||
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.
- 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 considered to be a part of the pricing, and the average selling price (ASP) is varying 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
