Developed Logistics Infrastructure Intensifying Growth Opportunities in the Road Freight Transportation Market in the US: Technavio Report

Renewable energy

 

  • The key vendors in the Road Freight Transportation Market in the US 2015-2019 are Con-way Inc., J.B. Hunt Transport Services Inc., Schneider National Inc., Swift Transportation Inc. and Werner Enterprises Inc.

London, 20 January 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Road Freight Transportation Market in the US 2015-2019.   Vendors in this market are continually adopting the M&A strategy to increase their global presence and expand their product portfolio, as well as to achieve economies of scale in various SCM processes. M&A allows companies to expand their global customer base and their portfolio of products, solutions, and services. The Road Freight Transportation market in the US is expected to witness a CAGR of 4.67 percent during the forecast period of 2014-2019.

“Road and highway infrastructure in the US is characterized by wide multi-lane roads that connect directly to different states in the US,” says Faisal Ghaus, Vice President of TechNavio Research.

“Freight service providers are equipped with a modern fleet of vehicles that provide technology-enabled services, such as GPS tracking and automated handling and storage services.”

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…