Showing posts with label Cold Storage Warehouses in the US. Show all posts
Showing posts with label Cold Storage Warehouses in the US. Show all posts

Thursday, December 21, 2017

The US Logistics Market Growth is led by Increasing Prominence of Cold Chain Logistics, Growing E-commerce Penetration and Major Technological Innovations in the Industry: Ken Research

Growth of last mile delivery, Digital Transformation, Increasing Infrastructure development in Logistics & Warehousing Industry and Introduction of New Business Models were the key factors driving growth of the US Logistics Market.
The report titled “The US Logistics Market by Service Mix (Freight Forwarding Market, Warehousing Market and Value Added Services), by Third Party Logistics, by Cold Chain Logistics, By Express Delivery Logistics and by Industries (Oil & Gas, Engineering Equipment, Food & Beverages, Metals, Automotive and Others) - Outlook to 2022” by Ken Research suggested that security of supply chain, robotics & automation and convenience logistics will majorly contribute to the overall revenue of the US logistics market in next 5 years till 2022.
The US ranked 10th globally, by the 2016 logistics performance index and the logistics has accounted for major share in the GDP of the country. The logistics industry of the country incorporates huge multinational conglomerates which dominate the global market and provide all logistic services including air freight, land freight, sea freight, warehousing, express delivery, packaging, labeling and other services. In recent years the country has witnessed increasing prominence of 3PL & 4PL services which have which supported the overall market growth. Increasing demand for same day delivery, increasing customer expectations, low oil prices in recent years (aiding transportation), and rise in the retail & FMCG industry in the country has driven the demand of logistics services in the country.
Over the years, the freight forwarding industry has expanded in the country. During 2012-2017, the economic growth led to rising consumer spending, e-commerce sales and industrial output which resulted in rising domestic as well as global freight volumes. It is expected that low-cost sensor technology, self-learning systems, smart energy logistics, 3D printing and other major trends with change the course of logistics industry in upcoming years. With access to low-cost sensors, logistics is likely to increase the use of sensors, creating smart infrastructures for monitoring, inspecting, and volume scanning in the supply chain. With minimal/no human intervention, a self-learning system will adapt and improve its algorithms as it receives more data, improving logistics efficiency over time.
The increasing shift towards renewable energy sources is propelling the adoption of electric mobility solutions in logistics sector. Energy saving, innovative storage and distribution concepts can be leveraged to reduce additional cost in logistics industry, positively affecting the overall market growth.
Key Topics Covered in the Report
3PL Companies in the US
Logistics Infrastructure in the US
Cold Transport Services in the US
Cold Storage Warehouses in the US
J.B. Hunt Transport Services Fleet Size
Freight Forwarding Companies in the US
The US Cold Chain Revenue
XPO Logistics Inc. Market Share
The US Freight Forwarding Revenue
Cold Storage Warehouses in the US
C.H. Robinson Revenue from Logistics
DHL Supply Chain Logistics Competitors
Market Share Leading Companies the US 3PL
For more information on the research report, refer to below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204

Sea Freight Experiencing Positive Outlook and Expected to Continue to Dominate the US Freight Forwarding Market: Ken Research

The report includes the US logistics, freight forwarding, warehousing, cold chain, third party logistics, express delivery market size in terms of value, segmentation on the basis of service mix (freight forwarding market, warehousing market and value added services) and by type of industries (oil & gas, engineering equipment, food & beverages, metals, automotive and others). The report also covers value chain analysis for logistics market, comparative analysis of the US logistics market with other global logistics markets, trends and developments, issues and challenges, industry norms and regulations and recent developments in the market. The report also covers the competitive landscape of the industry and comprehensive profile of major players (XPO Logistics Inc., J.B. Hunt Transport Services, UPS Supply Chain Solutions, DHL Supply Chain, C.H. Robinson, Expeditors International of Washington, Ryder Supply Chain Solutions, Americold Logistics, FedEx, Ceva Logistics) operating in the market. The report includes future outlook and projections of the US logistics market, freight forwarding market, cold chain market, warehousing market, 3PL market and express delivery logistics market. Major macroeconomic indicators and upcoming projects affecting the market have also been highlighted in the report.
Ken Research in its latest study, The US Logistics Market by Service Mix (Freight Forwarding Market, Warehousing Market and Value Added Services), by Third Party Logistics, by Cold Chain Logistics, by Express Delivery and by Industries (Oil & Gas, Engineering Equipment, Food & Beverages, Metals, Automotive and Others) - Outlook to 2022, suggests that demand for logistics in the country will grow at a positive growth rate owing to introduction of new technologies in logistics industry backed up with growing companies in the industry.
The US logistic market is expected to spur majorly owing to changing customer expectations, technological innovation, entry of new players, increasing competition in the market and growing e-commerce sector.
Big data, automation and Internet of Things will drastically change the shape of logistics industry in upcoming years.
Increasing alliances with technology start-ups, increasing import & exports, increasing population and retailers will further drive market growth in future.
The US logistics companies are facing an era of unprecedented change as digitization takes hold and customer expectations evolve with time. It is expected that new and developing technologies will have a big impact on logistics industry in the next 5-10 years. Specifically, driverless trucks and unmanned aerial vehicles have interesting applications, especially for domestic and last-mile transportation which will change the shape of road freight in upcoming years. It is expected that with the massive implication of Internet of Things and big data in the logistics world, the industry will take advantage of the low cost of technology to help increase productivity and reduce cost in the overall supply chain.
Millennials have outpaced baby-boomers in combined buying power and it is anticipated that millennials’ desire for choice and convenience will drive customer expectations on fulfillment for retailers and e-tailers in the new on-demand ecommerce. In the upcoming years logistics will operate in a simpler supply chain, where artificial intelligence systems will automatically reduce the risk and optimize flow of freight. Additionally, the market for warehouse technology, including warehouse management systems and warehouse automation and control, has been experiencing robust growth driven by changing fulfillment requirements which has resulted in the proliferation of e-commerce in the US. Additionally, it has been witnessed that export and import value will grow in upcoming years which will aid the overall logistics growth.
Rising Import and Export of Goods in the US, growing air transport freight and increasing number of enterprises in transportation industry are some other key factors that may have positive impact on the market, according to the Analyst at Ken Research.
Key Topics Covered in the Report
Logistics Infrastructure in the US
Value Chain Analysis for the US Logistics Market
The US Logistics Market Size
The US Freight Forwarding Revenue
Major Players in the US Logistics Market
Freight Forwarding Companies in the US
Competition in the US Logistics Market
The US Cold Chain Revenue
Cold Storage Warehouses in the US
3PL Companies in the US
The US Logistics Market Future Growth
XPO Logistics Inc. Market Share
J.B. Hunt Transport Services Fleet Size
C.H. Robinson Revenue from Logistics
DHL Supply Chain Logistics Competitors
Future of the US Logistics Market
Upcoming Logistics Projects In The US
Government Spending on Logistics and Infrastructure the US
Market Share Leading Companies the US 3PL
International Domestic Revenue the US Logistics
Growth the US Express Logistics Industry
Cold Storage Warehouses in the US
Cold Transport Services in the US
For more information on the research report, refer to below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204