Acme Truck Line

Feb 6, 2023

News provided by Share this article Share this article NEW YORK, Feb. 6, 2023 /PRNewswire/ -- Germany's machinery and equipment industry has the highest productivity for engineering and technical personnel in the European Region. Germany boasts unparalleled world-leading manufacturers and suppliers of industrial equipment and the trucking industry. . Demand for road logistics, will continue to grow in Germany in the future as current market developments demonstrate a significant increase in demand for technology-based advanced machinery. To know more, buy the report! Technavio has announced its latest market research report titled Global Road Logistics Market 2023-2027 Vendors across Germany and globally are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, Acme Truck Line Inc., Agility Public Warehousing Co. K.S.C.P, ArcBest Corp, Bennett International Group LLC, C H Robinson Worldwide Inc., Deutsche Post AG, FedEx Corp., J.B. Hunt Transport Services Inc., Knight Swift Transportation Holdings Inc., Kuehne Nagel Management AG, Penske Corp., Quantix SCS Inc., RD Logistics, Ryder System Inc, Saltchuk, Schneider National Inc., United Parcel Service Inc., Werner Enterprises Inc., XPO Logistics Inc., and Yellow Corp. The global road logistics market is estimated to grow at a CAGR of 3.59% between 2022 and 2027. The size of the market is forecast to increase by USD 782.97 billion. The market is segmented by application (domestic and international), type (truckload, less than truckload, parcel, and same day), and geography (APAC, North America, Europe, South America, and Middle East and Africa). The increased outsourcing of logistics services is notably driving the market growth, although factors such as the shortage of truck drivers may impede the market growth. The COVID-19 outbreak caused a significant impact on the trucking industry. 70 percent of the freight tonnage goes on trucks, including essential items such as food, cleaning products, medical supplies, etc. The lockdown imposed by the government led to a surge in demand for many of these products, negatively impacting the trucking industry. Medical supplies and COVID-19 vaccines rely on truck transportation for distribution across the nation. The constant increase in the demand for such products led to the surge in the demand for the trucks on road, which has widely contributed to the growth of the trucking industry. Gain instant access to 17,000+ market research reports. Related Reports: The less-than-truckload (LTL) market is estimated to grow at a CAGR of 7% between 2022 and 2027. The size of the market is forecast to increase by USD 103.05 billion. The growth of the market depends on serval factors, including advances in e-commerce in the retail sector, increased outsourcing of logistics services, and a tightening truckload market. The road freight transport market is estimated to grow at a CAGR of 6.03% between 2022 and 2027. The size of the market is forecast to increase by USD 130.56 billion. The growth of the market depends on serval factors, including the rapid growth in the e-commerce industry, the growing retail sales in APAC, and the increasing cross-border trade. Technavio's analysis of the road logistics market also includes: CAGR of the market during the forecast period 2023-2027 Detailed information on factors that will drive road logistics market growth during the next five years Precise estimation of the road logistics market size and its contribution to the parent market Accurate predictions on upcoming trends and changes in consumer behavior The growth of the road logistics market industry across A thorough analysis of the market's competitive landscape Comprehensive details of factors that will challenge the growth of road logistics market Road Logistics Market Scope Key companies profiled Acme Truck Line Inc., Agility Public Warehousing Co. K.S.C.P, ArcBest Corp, Bennett International Group LLC, C H Robinson Worldwide Inc., Deutsche Post AG, FedEx Corp., J.B. Hunt Transport Services Inc., Knight Swift Transportation Holdings Inc., Kuehne Nagel Management AG, Penske Corp., Quantix SCS Inc., RD Logistics, Ryder System Inc, Saltchuk, Schneider National Inc., United Parcel Service Inc., Werner Enterprises Inc., XPO Logistics Inc., and Yellow Corp. Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of Content : Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion) Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion) Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%) Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%) 4 Historic Market Size 4.1 Global road freight transport market 2017 - 2021 Exhibit 18: Historic Market Size – Data Table on Global road freight transport market 2017 - 2021 ($ billion) 4.2 Vehicle type Segment Analysis 2017 - 2021 Exhibit 19: Historic Market Size – Vehicle type Segment 2017 - 2021 ($ billion) 4.3 End-user Segment Analysis 2017 - 2021 Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion) 4.4 Geography Segment Analysis 2017 - 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion) 4.5 Country Segment Analysis 2017 - 2021 Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion) 5 Five Forces Analysis 6 Market Segmentation by Vehicle Type 6.1 Market segments Exhibit 31: Data Table on Vehicle Type - Market share 2022-2027 (%) 6.2 Comparison by Vehicle Type Exhibit 32: Chart on Comparison by Vehicle Type Exhibit 33: Data Table on Comparison by Vehicle Type 6.3 Medium and heavy commercial vehicle - Market size and forecast 2022-2027 Exhibit 34: Chart on Medium and heavy commercial vehicle - Market size and forecast 2022-2027 ($ billion) Exhibit 35: Data Table on Medium and heavy commercial vehicle - Market size and forecast 2022-2027 ($ billion) Exhibit 36: Chart on Medium and heavy commercial vehicle - Year-over-year growth 2022-2027 (%) Exhibit 37: Data Table on Medium and heavy commercial vehicle - Year-over-year growth 2022-2027 (%) 6.4 Light commercial vehicle - Market size and forecast 2022-2027 Exhibit 38: Chart on Light commercial vehicle - Market size and forecast 2022-2027 ($ billion) Exhibit 39: Data Table on Light commercial vehicle - Market size and forecast 2022-2027 ($ billion) Exhibit 40: Chart on Light commercial vehicle - Year-over-year growth 2022-2027 (%) Exhibit 41: Data Table on Light commercial vehicle - Year-over-year growth 2022-2027 (%) 6.5 Market opportunity by Vehicle Type Exhibit 42: Market opportunity by Vehicle Type ($ billion) 7 Market Segmentation by End-user 7.1 Market segments Exhibit 46: Data Table on Comparison by End-user 7.3 Manufacturing - Market size and forecast 2022-2027 Exhibit 47: Chart on Manufacturing - Market size and forecast 2022-2027 ($ billion) Exhibit 48: Data Table on Manufacturing - Market size and forecast 2022-2027 ($ billion) Exhibit 49: Chart on Manufacturing - Year-over-year growth 2022-2027 (%) Exhibit 50: Data Table on Manufacturing - Year-over-year growth 2022-2027 (%) 7.4 Automotive - Market size and forecast 2022-2027 Exhibit 51: Chart on Automotive - Market size and forecast 2022-2027 ($ billion) Exhibit 52: Data Table on Automotive - Market size and forecast 2022-2027 ($ billion) Exhibit 53: Chart on Automotive - Year-over-year growth 2022-2027 (%) Exhibit 54: Data Table on Automotive - Year-over-year growth 2022-2027 (%) 7.5 Consumer goods - Market size and forecast 2022-2027 Exhibit 55: Chart on Consumer goods - Market size and forecast 2022-2027 ($ billion) Exhibit 56: Data Table on Consumer goods - Market size and forecast 2022-2027 ($ billion) Exhibit 57: Chart on Consumer goods - Year-over-year growth 2022-2027 (%) Exhibit 58: Data Table on Consumer goods - Year-over-year growth 2022-2027 (%) 7.6 Food and beverage - Market size and forecast 2022-2027 Exhibit 59: Chart on Food and beverage - Market size and forecast 2022-2027 ($ billion) Exhibit 60: Data Table on Food and beverage - Market size and forecast 2022-2027 ($ billion) Exhibit 61: Chart on Food and beverage - Year-over-year growth 2022-2027 (%) Exhibit 62: Data Table on Food and beverage - Year-over-year growth 2022-2027 (%) 7.7 Others - Market size and forecast 2022-2027 Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ billion) Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ billion) Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%) Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%) 7.8 Market opportunity by End-user Exhibit 67: Market opportunity by End-user ($ billion) 8 Customer Landscape Exhibit 72: Data Table on Geographic comparison 9.3 APAC - Market size and forecast 2022-2027 Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion) Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion) Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%) Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%) 9.4 North America - Market size and forecast 2022-2027 Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ billion) Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ billion) Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%) Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%) 9.5 Europe - Market size and forecast 2022-2027 Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ billion) Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ billion) Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%) Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%) 9.6 Middle East and Africa - Market size and forecast 2022-2027 Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion) Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion) Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%) Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%) 9.7 South America - Market size and forecast 2022-2027 Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ billion) Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ billion) Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%) Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%) 9.8 US - Market size and forecast 2022-2027 Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion) Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion) Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%) Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%) 9.9 China - Market size and forecast 2022-2027 Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ billion) Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ billion) Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%) Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%) 9.10 Japan - Market size and forecast 2022-2027 Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ billion) Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ billion) Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%) Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%) 9.11 Germany - Market size and forecast 2022-2027 Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ billion) Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ billion) Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%) Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%) 9.12 France - Market size and forecast 2022-2027 Exhibit 109: Chart on France - Market size and forecast 2022-2027 ($ billion) Exhibit 110: Data Table on France - Market size and forecast 2022-2027 ($ billion) Exhibit 111: Chart on France - Year-over-year growth 2022-2027 (%) Exhibit 112: Data Table on France - Year-over-year growth 2022-2027 (%) 9.13 Market opportunity by geography Exhibit 113: Market opportunity by geography ($ billion) 10 Drivers, Challenges, and Trends 10.1 Market drivers About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts