The "Global Multimodal Freight Transportation Market (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
Multimodal transport systems have become the backbone of international trade - with the objective of reducing overall transport and handling costs within the supply chain while responding to the demand for just-in-time door-to-door cargo services. Global trade entails international sourcing, delocalization of production sites, and higher flows of goods - each of which represents challenges on the logistics front. To overcome them, supply chain actors are increasingly turning toward multimodal transportation.
Although globalization and major production hubs in Asia have played an influential role in the rapid development of maritime freight, other means of transportation are still necessary to reach end consumers. The greater portion of goods transit happens overseas - by sea or air freight - but the process cannot escape road transportation around trading ports and for home deliveries. So maritime freight hasn't been the sole beneficiary of internationalization - road freight and other modes of transportation have managed to grow collaterally. And despite the clear complementarity between maritime and road freight, multimodality is more diverse. Switzerland and Austria, for instance, have developed rolling highways to carry entire road vehicle assemblages by train, to improve regularity and keep a cap on pollution.
With the increasing global economic integration, the sustainable development of the world economy and society needs the support of an efficient freight transportation system. By relying on two or more modes of transportation, multimodal transport can substantially improve transport efficiency and reduce transportation costs for the entire process integration organization transportation service. According to statistics, multimodal transport can improve transportation efficiency by 30%, reduce cargo damage by 10%, reduce transportation costs by 20%, reduce highway congestion by more than 50%, and promote energy savings and emissions reduction by more than one third.
Multimodal transport has been vigorously promoted and developed all over the world. According to statistics, multimodal transport accounts for 80% of the total traffic in Canada and it is estimated that by 2040, the total freight volume of the United States will reach 3.575 billion tons, accounting for 12.5% of the total freight volume.
Kuehne + Nagel
C.H. Robinson Worldwide
China Ocean Shipping Company Limited
United Parcel Service
Hellman Worldwide Logistics
The market is fragmented with lower barriers to market entry. This has historically allowed very small enterprises to enter the market and compete effectively with the major players, depressing margins.
With the wave of technological innovation and disruptive business models, both the possibilities and demand for making transport safer, more efficient, and sustainable have increased. Many companies are also aiming for sustainable solutions in the multimodal market, wherein there is not much environmental disruption and the consumers are not at any kind of loss, material-wise and health-wise, due to the pollution caused by pure road transport and the emissions by the road transport vehicles.
With the market for multimodal freight transportation growing the number of players entering the market is expected to increase.
Key Topics Covered:
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 OVERVIEW OF GLOBAL MULTIMODAL FREIGHT TRANSPORTATION MARKET
4.1 Market Overview
4.2 Technology Innovation and its Impact
4.3 Impact of Ecommerce Growth on the Market
4.4 Impact of Regulations on Multimodal Freight Transportation
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.6 Price Analysis And Trend For Multimodal Freight Transportation
4.7 Insights on the Indian Multimodal Freight Transportation Industry
4.8 Region Wise Insights on Key End-User Industries Utilizing Multimodal Freight Transport (Manufacturing and Automotive, Oil and Gas, Mining, and Quarrying, Agriculture, Fishing, and Forestry, Construction, Distributive Trade, Healthcare and Pharmaceutical, and Others)
5 GLOBAL MULTIMODAL FREIGHT TRANSPORTATION MARKET - MARKET DYNAMICS
6 MARKET SEGMENTATION
6.1 BY TYPE
6.1.1 Truck and Rail
6.1.2 Truck and Water
6.1.3 Rail and Water
6.1.4 Truck and Air
6.1.5 Other Multiple Modes
6.2 BY GEOGRAPHY
6.2.1 North America
6.2.2 Latin America
6.2.5 Middle East & Africa
7 COMPETITIVE LANDSCAPE
7.1 Overview (Market Concentration and Major Players)
7.2 Company Profiles
8 FUTURE OF THE GLOBAL MULTIMODAL FREIGHT TRANSPORTATION MARKET
For more information about this report visit https://www.researchandmarkets.com/r/4cwiab
View source version on businesswire.com: https://www.businesswire.com/news/home/20200609005334/en/
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