Precision Business Insights has published a report on the global freight transport market, estimating its value at USD 29,439.9 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 9.8% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/freight-transport-market

Market Definition:

The movement of commodities, cargo, and items from one place to another by means of pipelines, rail, air, sea, or road is referred to as freight transport. By guaranteeing the timely and effective delivery of raw materials, completed commodities, and other items to their destinations, it plays a crucial part in international trade and supply chains.

Drivers:

1) Growth in global trade.
2) Expansion of e-commerce.

The global freight transport market segmentation:

1) By Mode of Transport: Railways, Roadways, Seaways, and Airways.
2) By End-User: Retail & E-commerce, Automotive, Aerospace & Defense, Pharmaceuticals, and Others.

Regional Overview:
The report also examines the current concerns and their Future Effects on the freight transport market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the freight transport market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like A.P. Møller–Mærsk (Denmark) | DHL Supply Chain & Global Forwarding (Germany) | Kuehne + Nagel International (Switzerland) | DSV A/S (Denmark) | C.H. Robinson Worldwide (USA) | DB Schenker (Germany) | XPO Logistics (USA) | Nippon Express Holdings (Japan) | Sinotrans Limited (China) | CEVA Logistics (France) | UPS Supply Chain Solutions (USA) | FedEx Logistics (USA) | Panalpina Welttransport (Switzerland) | Expeditors International (USA) | Bolloré Logistics (France) | Yusen Logistics (Japan) | Kerry Logistics Network (Hong Kong) | GEODIS (France) | Hellmann Worldwide Logistics (Germany) | Agility Logistics (Kuwait) | CJ Logistics (South Korea) | DB Cargo (Germany) | SNCF Logistics (France) | Matson Inc. (USA) | Rhenus Group (Germany) | Kintetsu World Express (Japan) | DPDgroup (France) | Toll Group (Australia) | Dachser SE (Germany) | Lineage Logistics (USA) | Wincanton Plc (UK) | Mainfreight Ltd. (New Zealand) | Imperial Logistics (South Africa) | Nippon Yusen Kabushiki Kaisha – NYK Line (Japan) | Hapag-Lloyd AG (Germany) | Mitsui O.S.K. Lines – MOL (Japan) | Evergreen Marine Corp. (Taiwan) | COSCO Shipping Holdings (China) | CMA CGM Group (France) | Hyundai Glovis Co. Ltd. (South Korea) | DB Cargo UK (UK) | Total Quality Logistics (USA) | Schneider National Inc. (USA) | Knight-Swift Transportation (USA) | J.B. Hunt Transport Services (USA) | Old Dominion Freight Line (USA) | Landstar System (USA) | Werner Enterprises (USA) | GXO Logistics (USA) | Gebrüder Weiss GmbH (Austria) | Dimerco Express Group (Taiwan)

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

Contact:
Mr. Satya
Precision Business Insights | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747