Rail Logistics - Worldwide Market Analysis & Forecasts 2018-2022 featuring Key Vendors: Canadian National Railway, CSX, DB Schenker, Deutsche Post DHL Group, and United Parcel Service - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 20, 2018--The “Global Rail Logistics Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The global rail logistics market is anticipated to grow at a CAGR of 3.94% during the period 2018-2022.
Cloud computing is one of the emerging technologies being implemented in the railway logistics industry. It provides services via the Internet by granting access to a shared pool of configurable system resources.
This aids in rapid provision of services as per the requirement of the customer with minimum effort from management on a real-time basis, thus helping in cost reduction, providing better user experience and enhancing IT security.
The increasing use of cloud computing in railway logistics will be a key trend driving growth of the railway logistics industry during the forecast period.
According to the report, one of the major drivers for this market will be the increased demand for rail logistics due to rising trade. According to WTO, global goods trade increased by 4.7% in 2017 and is expected to grow by 4.4% in 2018. This growth in global trade has given rise to a demand for cheaper and fuel-efficient transportation solutions.
Rail transport have better fuel efficiency, lesser traffic congestion, ability to carry high capacity of goods, low railway transport charges compared to road transportation and its service is independent of weather conditions.
The numerous advantages of rail transport over road transport makes it a preferred mode of transportation of goods from source to destination by businesses globally thus driving growth of the rail logistics market during the forecast period.
Market TrendsIncreasing Use of Cloud Technology in Rail Logistics Rising Need for IoT in Smart Railway Systems Green Rail for Better Environment
Key VendorsCanadian National Railway CSX DB Schenker Deutsche Post DHL Group United Parcel Service
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Product
8. Customer Landscape
9. Regional Landscape
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/chkfvt/rail_logistics?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180820005521/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: TRANSPORT RAIL LOGISTICS/SUPPLY CHAIN MANAGEMENT
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/20/2018 02:07 PM/DISC: 08/20/2018 02:07 PM