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
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 VendorsC.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
INDUSTRY KEYWORD: TRANSPORT TRUCKING
SOURCE: Research and Markets
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PUB: 07/30/2018 11:22 AM/DISC: 07/30/2018 11:22 AM