Transportation and Logistics

Freight transportation accounts for 65% of the global logistics industry, with road freight accounting for over 20% of this volume. With the increase in eCommerce and global trade, the Asia-Pacific region and parts of Africa are expected to grow in the future and drive the markets for road freight service. However, the impact of Brexit and the US-...

Warehousing accounts for 18% of the $12 trillion globally spent on logistics. Warehousing refers to the temporary storage of goods before they are distributed to the end user in the supply chain. The industry has evolved over the years from providing only storing goods to offering other value-added services such as picking and packing, sub-assembly...

09 Dec 2019  |  North America  |  Market Research

Mexican Connected Truck Market, Forecast to 2025

Telematics Solutions are Vital to Transportation Companies and Private Fleets in Terms of Addressing Pain-points Across Different Types of Industries

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Key Issues Addressed

The Mexican connected truck market is highly fragmented and comprises more than 50 telematics companies and leading OEMs. The transportation start-up ecosystem is small but is beginning to grow. Since 2016, the country has faced declining commercial vehicle (CV) sales; however, a marginal recovery has been recorded this year (2019). This growth tre...

The explosive growth of cross-border eCommerce is supported by the increasingly young and urban population with easy access to technology such as mobile phones and tablets. Cross-border eCommerce trade between Europe and Asia is significant, with China being the most popular country for online shoppers in the West, driven by low prices and a wide v...

13 May 2019  |  North America  |  Market Outlook

Global Transportation and Logistics Industry Outlook, 2019

Increased Demand for Integrated Supply Chain, Adoption of Digital Technologies in Freight and Warehouse Management, Innovations in Urban Logistics and Last-mile Delivery Solutions Will Drive Logistics Industry Growth to 3.8% in 2019

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The global economic environment for 2018 faced headwinds due to trade wars, higher oil import costs, and interest rate hikes. The growth of the global economy in 2019 will be subdued, as trade tensions remain elevated, with emerging markets experiencing substantial financial market pressures. The global trade slowdown, further fuelled with capacity...

Supply chain management across industries around the world has undergone a substantial overhaul. Globalization, the rapid growth in emerging economies, and the changing dynamics of business processes are driving the highly varying levels of demand from different regions across the globe. Multiple market factors are influencing supply chain systems,...

The Canadian economy is expected to experience steady growth, mainly due to improvements in consumer spending and the business environment. A trend of re-allocation of investment and employment from resource to non-resource is being observed as the economy continues to adjust to low commodity prices. Canada’s labor market is characterized by fle...

08 Dec 2017  |  Asia Pacific  |  Market Research

ASEAN Logistics Market—Disruptive Innovations, Forecast to 2025

Futuristic Analysis of Key Trends Transforming Regional Supply Chain Model

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By 2025, the Association of Southeast Asian Nations (ASEAN) region is expected to be the next destination for global participants, replacing China, with its geographic proximity, large consumer base, and low costs attracting traders. Cambodia, Myanmar, Laos, and Vietnam (the CLMV countries of the Greater Mekong Subregion) are emerging as an attract...

Thailand always enjoyed a robust economy until the political crisis during 2013–2014. During this time, the economy was badly hit and resulted in negative growth. A lot of investments and expansion in the industrial sector were put on hold due to the uncertainty of the economy. The crisis also affected the export market in 2013. However, signific...