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Friday 26 February 2016

Domestic freight market in the US to grow at a CAGR of 4.52% in terms of revenue and 2.63% in terms of volume over the period 2014-2019

Freight is a service or method for transportation of cargo via different modes such as road, air, water, or pipeline. It is also defined as the cost incurred on transportation of goods. Domestic freight is the movement of cargo within the boundary of a country. Freight service providers are specialized in handling logistics such as transportation, warehousing, and air-freight forwarding. Often, freight service providers go beyond logistics and provide value-added services such as inventory management, cross-docking, door-to-door delivery, and packaging. They also provide strategic and operational value-added services to many shippers worldwide. Currently, domestic freight service providers are improving logistics by introducing innovative supply chain management.

Analysts forecast the domestic freight market in the US to grow at a CAGR of 4.52% in terms of revenue and 2.63% in terms of volume over the period 2014-2019.

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Covered in this Report

This report covers the present scenario and the growth prospects of the domestic freight market in the US for the period 2015-2019. To calculate the market size, the report considers revenue generated by freight service providers and the volume of freight transported through different modes of transportation. It also presents the vendor landscape and corresponding detailed analysis of the top 11 vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also summarizes the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

Report, Domestic Freight Market in US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The domestic freight market in the US can be segmented based on type of freight and mode of transport.

Based on type of freight, the market is classified into the following segments:
Bulk freight
General freight

Based on mode of transportation, the market is segmented into the following:
Roadways
Railroad
Air
Waterways
Pipelines

Key Vendors
C.H. Robinson Worldwide
CEVA Logistics
Con-way
DB Schenker Logistics
Deutsche Post DHL
Expeditors International of Washington
FedEx Supply Chain
J.B. Hunt
UPS
UTi Worldwide
Werner Enterprises Dedicated and Logistics

Other Prominent Vendors
AIT Worldwide Logistics
American Logistics International
Amerijet International
APL Logistics
Associated Global Systems
BDP International
BGI Worldwide Logistics
BK Logistic Solutions
Champion Logistics Group
Clutch Global
CMS Domestic Freight Forwarding
Cole International
Craters and Freighters
Dura Logistics
Estes Express Lines
Freight-Moving.com
Gateway Logistics Group
Global Shipping Company
Hub Group
Mainfreight
Menlo Worldwide Logistics
Neovia Logistics Services
NFI
Panalpina
Roadrunner Transportation Systems
Ryder
Samuel Shapiro
SBA Global Logistics Services
Schneider Logistics
Torizon
U.S. Messenger & Logistics
XPO Logistics

Market Driver
Increase in Outsourcing of Logistics
For a full, detailed list, view our report

Market Challenge
Shortage of Skilled Truck Drivers
For a full, detailed list, view our report

Market Trend
Use of Cloud-based CRM Solutions to Enhance Vendor-shipper Relationship
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
More ....

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