General Freight Trucking Market : Current trends and future opportunities

Posted by sainath on February 14th, 2019

The Business Research Company’s General Freight Trucking Global Market Report, covers the year-on-year growth of the global General Freight Trucking market historic and forecast growth. It also includes chapters on the General Freight Trucking market trends, geographical analysis, and competitive landscape.

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The general freight trucking global market size is expected to significantly grow at a CAGR of more than 4% during the forecast period.

General Freight Trucking Market Trends:

The general freight trucking market consists of sales of general freight trucking services by entities (organizations, sole traders and partnerships) that provide general freight trucking services. Establishments in this market handle a wide variety of commodities, generally palletized, and transported in a container or van trailer. These establishments also provide network activities such as local pickup, local sorting and terminal operations, line-hauling, destination sorting and terminal operations, and local delivery.

The entry of automated vehicles with high-tech safety measures, cameras, radar, and Lidar sensors guiding the way, companies are able to save money through less fuel and more frequent schedules. A self-driving truck of Otto, a subsidiary of Uber Technologies Inc., in October 2016, completed the first a 120-mile delivery of beer by, in Colorado.

The global General Freight Trucking market is primarily driven by rise in disposable income, time-sensitive goods, and growing preference for online shopping.

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The global General Freight Trucking market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

With strong economic activities in emerging countries such as China and India, the global General Freight Trucking market is expected to increase in potential and scope. TBRC’s report also covers the General Freight Trucking drivers and restraints in the market.

The global General Freight Trucking market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the global General Freight Trucking market report are Schneider National, Landstar, Swift Transportation, J B Hunt Transport Services, and YRC Worldwide.

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