United States Domestic Freight Market Report 2015-2019 - Bulk & General Freight: Roadways, Railroad, Air, Waterways & Pipelines

Jul 24, 2015, 09:15 ET from Research and Markets

DUBLIN, July 17, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/rlz6w6/domestic_freight) has announced the addition of the "Domestic Freight Market in the US 2015-2019" report to their offering.

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.

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.

Vendors in this market are continuously adopting the M&A strategy to increase their global presence, expand their product portfolio, and achieve economies of scale in various SCM processes. To establish a global presence, mergers take place between companies in different regions. This enables companies to deliver services at all points along the SCM. Thus, M&A allows companies to expand their global customer base and portfolio of products, solutions, and services. For instance in September 2013, Jack Cooper agreed to buy Allied Systems for $135 million.

According to the report, the logistics infrastructure in the US is well-developed with modern technology-enabled warehouses and transportation carriers. The road infrastructure is characterized by direct multi-lane broad roads connecting states which reduces transportation time. In addition, freight service providers have a modern fleet of vehicles that are equipped with technologies such as GPS tracking, and automated handling and storage services.

Further, the report states that an increase in government regulations in the commercial logistics industry since 2010 has restricted the growth of the domestic freight market in the US, resulting in high operational costs.

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

For more information visit http://www.researchandmarkets.com/research/rlz6w6/domestic_freight

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

 



SOURCE Research and Markets



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