Drayage Transportation Management Market Trends 2024 | USD 8126.98 Million by 2032

Drayage Transportation Management Market Growth Overview and CAGR Status 2024-2032

No. of Pages: [113] | 2024, Drayage Transportation Management Market Magnificent CAGR of 6.54% | End User (Electronics and Electrical Transportation, Food and Beverage Transportation, Consumer Goods and Retail Transportation, Industrial Transportation, Others), Types (Seaways, Railway), with United States, Canada and Mexico Region in what way to Growth and Advance Beneficial Insights from this Business Tactics, Customer Acquisition and Collaborations. A High-class Data Report Graph, which provides qualitative and quantitative perspectives on SWOT and PESTLE Analysis, Statistics On Industries, and New Business Environments. Global report Referring on governance, risk, and compliance, vertical classification, business revolution and progressions.

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Competitive Analysis: – Benefits your analysis after businesses competing for your main customers. Drayage Transportation Management Market Share by Company Information, Description and Business Overview, Revenue and Gross Margin, Product Portfolio, Developments/Updates, Historical Data and more…

Who are the Important Global Manufacturers of Drayage Transportation Management Market (USD Mn & KT)?

Evans

JB Hunt Intermodal

ContainerPort Group

IMC Companies

Swift Intermodal

RoadOne Intermoda Logistics

Schneider

Port City Logistics

XPO Logistics, Inc.

ITS ConGlobal (ITSC)

NFI

Hub Group

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Drayage Transportation Management Market Overview 2024-2032

Market Overview of Global Drayage Transportation Management market:
The latest research study on the global Drayage Transportation Management market finds that the global Drayage Transportation Management market reached a value of USD 5557.95 million in 2022. Its expected that the market will achieve USD 8126.98 million by 2028, exhibiting a CAGR of 6.54% during the forecast period.

Drayage refers to a specialty logistics service that carries freight over a short distance in the shipping and logistics industries. It is a specialized field in supply chain that involves pulling of containers in & out of ports, harbours, and warehouses. Drayage Transportation is the process of moving shipping containers and cargos from one point to another via ship, rail, or trucking drayage. Moreover, Drayage Transportation is an essential part of intermodal shipping process.

Influence of COVID-19 Outbreak on Drayage Transportation Management Industry Development
With the gradual control of the COVID-19 epidemic, some factories and companies have begun to resume work, and the Drayage Transportation Management industry has also begun to recover. However, enterprises need to protect the life and health of employees in the process of operation, such as purchasing masks, disinfectants and other anti-epidemic materials, disinfecting the working environment, and checking the temperature of employees every day to ensure the health of employees. These measures will increase operating costs and affect the development of enterprises.
The ongoing pandemic has led to an unprecedented crisis that has wreaked havoc on economic sectors and labor markets in countries around the globe. For example, measures such as full or partial lockdowns have caused companies to fail and various people to lose their jobs. At the same time, companies with normal production need to invest more costs in the protection of employees, and the Drayage Transportation Management industry is no exception.

Drivers
The U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) and the Federal Highway Administration (FHWA) have jointly released a new version of freight traffic forecast data from the Freight Analysis Framework (FAF). According to published long-term forecasts, from 2020 to 2050, U.S. freight volumes will increase by 50% to 28.7 billion tons, and the value will double to $36.2 trillion (in 2017 dollars). Drayage Transportation Management is an important component in cargo transportation, and the increase in cargo transportation will promote the development of Drayage Transportation Management market.
The development of e-commerce has brought a lot of convenience to people. People can do shopping without going out and using a computer or mobile phone, and the price is cheap. With the development of e-commerce, e-commerce has become an important part of people’s daily life. According to Statista, Revenue from retail e-commerce in the United States was estimated at roughly 644 billion U.S. dollars in 2020. Revenue from retail e-commerce in the United States was estimated at roughly 768 billion U.S. dollars in 2021. The Statista Digital Market Outlook forecasts that by 2025, online shopping revenue in the U.S. will exceed 1.3 trillion dollars. The good market outlook for e-commerce creates huge momentum for Drayage Transportation Management.

Region Overview:
West USA had the highest growth rate of all regions.

Company Overview:
JB Hunt Intermodal is one of the major players operating in the Drayage Transportation Management market, holding a share of 10.41% in 2022.

J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, final mile, and more.

Schneider is a premier multimodal provider of transportation, intermodal and logistics services. Offering one of the broadest portfolios in the industry, Schneiders solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting.

Segmentation Overview:
Among different product types, Seaways segment is anticipated to contribute the largest market share in 2027.

Application Overview:
By application, the Industrial Transportation segment occupied the biggest share from 2017 to 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Drayage Transportation Management market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Why Invest in this Report?

Leveraging Data to Drive Business Decisions and Identify Opportunities.
Formulating Growth Strategies for Multiple Markets.
Conducting Comprehensive Market Analysis of Competitors.
Gaining Deeper Insights into Competitors’ Financial Performance.
Comparing and Benchmarking Performance Against Key Competitors.
Creating Regional and Country-Specific Strategies for Business Development.
And Many More…!!

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