Mar 23, 2021, 03:00 ET
NEW YORK, March 23, 2021 /PRNewswire/ -- The intermodal freight transportation market is expected to grow by USD 49.84 bn during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the intermodal freight transportation market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases.
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With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
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Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
Related Report on Industrials Include:
Global Airfreight Forwarding Market - Global airfreight forwarding market is segmented by end-user (manufacturing industry, retail industry, and other industries) and geography (APAC, Europe, MEA, North America, and South America).
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Global Seafreight Forwarding Market - Global seafreight forwarding market is segmented by service (FCL and LCL) and geography (Europe, APAC, North America, South America, and MEA).
Get an Exclusive Free Sample Report
Major Three Intermodal Freight Transportation Market Participants:
A.P. Møller - Maersk A/S
A.P. Møller - Maersk A/S operates its business through segments such as Ocean, Logistics & Services, Terminals & Towage, and Manufacturing & Others. The subsidiary Maersk Line offers intermodal transport through road, rail, and sea.
C.H. Robinson Worldwide Inc.
C.H. Robinson Worldwide Inc. operates its business through segments such as North American Surface Transportation, Global Forwarding, and Robinson Fresh. The company provides an option to combine rail transportation services with other modes of transport.
Convoy Inc. operates its business through segments such as Carriers and Shippers. The company offers transportation of freight in an intermodal container or vehicle, using multiple modes of transportation, without any handling of the freight itself when changing modes.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown:
Intermodal Freight Transportation Market 2020-2024: Segmentation
Intermodal freight transportation market is segmented as below:
- Minerals And Ores
- Food And Farm Products
- Equipment And Instruments
- North America
- South America
The intermodal freight transportation market is driven by the growing demand for multimodal transportation. In addition, other factors such as low freight transportation costs with intermodal service are expected to trigger the intermodal freight transportation market toward witnessing a CAGR of almost 7% during the forecast period.
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- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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