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Domestic Freight Market in the US (2018-2022) is Projected to Grow at a CAGR of 3.51% - The Shortage of Skilled Truck Drivers is Challenging Further Growth - ResearchAndMarkets.com

July 30, 2018

DUBLIN--(BUSINESS WIRE)--Jul 30, 2018--The “Domestic Freight Market in the US 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The domestic freight market in the US is projected to grow at a CAGR of 3.51% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the growing adoption of technology in logistics industry. Automated logistics solutions such as automated trucks, drone delivery, and automated guided vehicles are expected to gain traction in the domestic freight market in the US.

According to the report, one of the major drivers for this market is the growing e-commerce market in US. The companies will rapidly outsource supply chain operations to logistics service providers for attaining high order fulfillment rate.

Further, the report states that one of the major factors hindering the growth of this market is the shortage of skilled truck drivers. The shortage of skilled truck drivers in the domestic freight market in the US can disrupt the supply chain of end-user industries such as energy, manufacturing, automotive, and consumer goods.

Key Vendors

C.H. Robinson DB Schenker FedEx J.B. Hunt UPS XPO Logistics

Key Topics Covered

01. Executive Summary

02. Scope of the Report

03. Research Methodology

04. Market Landscape

05. Market Sizing

06. Five Forces Analysis

07. Market Segmentation by Transportation Mode

08. Customer Landscape

09. Market Segmentation by Freight Type

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/lv6q5j/domestic_freight?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180730005518/en/

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Related Topics:Automotive and Transport,Logistics

KEYWORD:

INDUSTRY KEYWORD: TRANSPORT TRUCKING

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 07/30/2018 11:22 AM/DISC: 07/30/2018 11:22 AM

http://www.businesswire.com/news/home/20180730005518/en

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