Increased Focus towards Value-added Services Fuelling Growth Prospects in the Road Freight Transportation Market in Europe: Technavio Report

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London, 01 October 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Road Freight Transportation Market in Europe 2014-2018, which is expected to grow at a CAGR of 2.07 percent during 2013-2018.

“Currently, vendors in the Road Freight Transportation market in Europe are focusing on providing different types of value-added logistics services such as loading and unloading services, documentation services, intermodal logistics services, MIS services in the logistics supply chain, and other legal formalities necessary in the process,” says Faisal Ghaus, Vice President of TechNavio.

Key Market Drivers

  • Investment in Logistics Infrastructure
  • Growing Demand for Outsourced Logistics Services
  • Growth in Automotive and Auto Components Industries

Key Market Trends

  • Increase in M&As
  • Value-added Services
  • Advances in Technology

Key Market Vendors

  • DB Schenker Logistics
  • Deutsche Post DHL
  • GEFCO
  • Kuehne + Nagel International AG
  • SNCF GEODIS

To define the market circumstances 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%…