Transport Services Industry Overview

LNG bunkering refers to the activity of supplying a ship with liquefied natural gas fuel for its own consumption. The primary benefit of using LNG as a fuel is the significant reduction in pollution caused by the more traditional methods of fueling ships, such as heavy fuel oil, marine gas oil (MGO), and marine diesel fuel (MDO). The main types of LNG bunkering are ship to ship, terminal to ship, and truck to ship. Ship to ship refers to the transfer of crude oil, petroleum products, liquid bulk chemicals, and liquefied gas between sea-going tankers. Depending on the port restrictions, ships can carry out their operations while bunkering. The LNG bunkering is used by defense vessels, yachts, cruise ships, ferries and OSVS (offshore service vessels), bulk and general cargo fleets, and others in applications such as container fleet, tanker fleet, cargo fleet, ferries, inland vessels, and others. The LNG bunkering market research report is one of a series of new reports from The Business Research Company that provides LNG bunkering market statistics, including LNG bunkering industry global market size, regional shares, competitors with a LNG bunkering market share, detailed LNG bunkering market segments, market trends and opportunities, and any further data you may need to thrive in the LNG bunkering industry. This LNG bunkering market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global LNG bunkering market size is expected to grow from $0.70 billion in 2022 to $1.05 billion in 2023 at a compound annual growth rate (CAGR) of 50.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The LNG bunkering market size is expected to grow to $5.13 billion in 2027 at a CAGR of 48.7%. Stringent environmental regulation toward pollution caused by ship transportation is driving the growth of the LNG bunkering market. Ship transportation refers to the movement of goods and/or passengers by seagoing vessels on voyages undertaken entirely or partially at sea. Environmental regulation is increasing as ship transportation results in the use of more heavy fuel oil, one of the dirtiest fossil fuels, containing hazardous levels of sulfur and heavy metals, among other things causing pollution will drive a significant preference for LNG bunkering going forward. For instance, in January 2020, International Maritime Organization (IMO) announced a new limit on the sulfur content in the fuel oil used on board ships, the rule, "IMO 2020, " limits the sulfur content of fuel oil used on board ships functioning outside designated emission control areas to 0.50% m/m (mass by mass), a major reduction from the previous limit of 3.5%. The limits were already stricter (0.10%) within specifically designated emission control areas. Following an amendment to Annex VI of the International Convention for the Prevention of Pollution from Ships (MARPOL), this new limit became mandatory. Therefore, the stringent environmental regulation toward pollution caused by ship transportation is expected to propel the growth of the LNG bunkering market over the coming years. Innovation is a key trend gaining popularity in the LNG bunkering market. Major market players are focusing on launching innovative operations to sustain their position in the LNG bunkering market such as ship-to-containership liquefied natural gas (LNG) bunkering. For instance, in January 2022, CMA CGM, France-based shipping, and logistics firm, and TotalEnergies, France-based integrated energy, and petroleum company launched Marseilles’ first ship-to-containership liquefied natural gas (LNG) bunkering operation. CMA CGM BALI, a 15, 000 TEU LNG-powered containership on the MEX 1 service connecting Asia and South Europe, was refueled with around 6, 000m3 of LNG by TotalEnergies' Gas Vitality, the first LNG bunker vessel based in France, via a ship-to-ship transfer alongside the Eurofos container terminal, while the containership carried out cargo operations simultaneously. In November 2021, Repsol, a Spain-based company engaged in energy and petrochemical acquired the Canaport LNG terminal for an undisclosed amount. With this acquisition, Repsol gains flexibility and control over its operations, allowing it to maximize the facility's efficiency and value. Canaport LNG terminal is a Canada-based company engaged in state-of-the-art liquefied natural gas (LNG) receiving & regasification terminal. Major players in the lng bunkering market are Harvey Gulf International Marine LLC, Eagle LNG Partners LLC, SEA-LNG Limited, Korea Gas Corporation, Nauticor GmbH & Co KG (Bomin Linde LNG GmbH & Co KG), Gazpromneft Marine Bunker LLC, Royal Dutch Shell Plc., Skangas AS, Polskie LNG SA, Gasnor AS, TotalEnergies SE, ABS Group of Companies Inc., Gasum Limited, Probunkers Holding Company, OGP Gaz-System SA, Mitsui OSK Lines, Titan LNG, Carnival Corporation & Plc., Air Liquide SA, Barents Naturgass AS, ENI Norge AS, Statoil ASA, GDF SUEZ SA, ENN Group, Prima LNG, and Fjord Line. Europe was the largest region in the LNG bunkering market in 2022. The regions covered in the LNG bunkering market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the LNG bunkering market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The LNG bunkering market includes revenues earned by entities by providing shore-to-ship and LNG-powered ships LNG bunkering services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global LNG bunkering market is segmented - 1) By Type: Ship To Ship, Terminal To Ship, Truck To Ship 2) By End-User: Defense Vessels, Yachts, Cruise Ships, Ferries And OSVs (Offshore Service Vessels), Bulk And General Cargo Fleets, Other End-Users 3) By Application: Container Fleet, Tanker Fleet, Cargo Fleet, Ferries, Inland Vessels, Other Applications

The airport ground and cargo handling services refer to a variety of assistance given to assist an aircraft for ground repositioning, preparation, and completion of a flight, including customer service and ramp service activities. Ground handling services' primary objective is to increase speed, efficiency, and precision while decreasing the turnaround time of airplanes. It improves the airport's capabilities to provide customer service. The main type of airport in airport ground and cargo handling services are domestic; international. A domestic airport is an airport that handles domestic flights or flights within the same country. These airports usually have short runways capable of accommodating fast or medium-haul aircraft and regional aviation activity. It includes services such as passenger handling, baggage handling, cargo and mail handling, aircraft handling, and ramp handling, that are provided in greenfield airport and brownfield airport developed airports. The airport ground and cargo handling services market research report is one of a series of new reports from The Business Research Company that provides airport ground and cargo handling services market statistics, including airport ground and cargo handling services industry global market size, regional shares, competitors with a airport ground and cargo handling services market share, detailed airport ground and cargo handling services market segments, market trends and opportunities, and any further data you may need to thrive in the airport ground and cargo handling services industry. This airport ground and cargo handling services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global airport ground and cargo handling services market size is expected to grow from $22.25 billion in 2022 to $24.20 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The airport ground and cargo handling services market size is expected to reach $32.50 billion in 2027 at a CAGR of 7.6%. The increased demand for air freight cargo is expected to propel the growth of the airport ground and cargo handling services market going forward. Air freight cargo is the process of shipment in which goods are transferred via a chartered or scheduled air carrier. The changing consumer preference and growing E-commerce industry have witnessed an increased demand for air freight cargo due to its fast and same-day delivery services. This mode of transportation necessitates a dependable and quick turnaround time handling technique, boosting the demand for airport ground and cargo handling services to reduce halt time resulting in less emission on airports. For instance, in January 2022, according to a report published by the International Air Transport Association (IATA), a Canada-based trade association, global air freight markets revealed that full-year demand for air cargo climbed by 6.9% in 2021 compared to 2019 (pre-covid levels) and 18.7% compared to 2020. Therefore, an increase in demand for air freight cargo will drive the airport ground and cargo handling services market. The adoption of low-emission GSE (Ground support equipment) and green airports are a key trend gaining popularity in the airport ground and cargo handling services market. Major companies operating in the market are developing advanced low-emission ground support equipment and green airport to sustain their position in the market. For instance, in November 2020, CESAB Material Handling, an Italy-based manufacturer of material and ground support equipment, launched Cesab M300V, a diesel and LPG forklift truck line that meets European Stage V emission standards. The Cesab M300V series has capacities ranging from 1.5 to 3.5 tonnes for great power, low fuel consumption, and low maintenance. The collection has been carefully designed to boost corporate efficiencies, productivity, and reliability. Additionally, in June 2022, Farnborough Airport, Europe's premium air travel connection hub and the home of British aviation, unveiled its Net Zero Roadmap, creating one of the aviation industry's most ambitious Net Zero targets in the aviation industry. Farnborough Airport will be among the world's first airports to offer Sustainable Aviation Fuel (SAF), which has the potential to reduce life cycle CO2 emissions by up to 80%. In August 2022, Alliance Ground International (AGI), a US-based cargo ground handling company, acquired Airport Terminal Services (ATS) for an undisclosed amount. This acquisition is part of AGI's ongoing development strategy in North America and the passenger operations sector. This opportunity with ATS will allow them to increase its presence in the airport terminal in addition to interacting with travelers by improving customer service, optimizing operations, and providing more value to all of its customers. Airport Terminal Services is a US-based aviation company offering ground, baggage handling, and cargo handling services. Major players in the airport ground and cargo handling services market are Aviapartner Group, Swissport International AG, Worldwide Flight Services, Alvest Group Company, Mallaghan Engineering Limited, MULAG Fahrzeugwerk, Weihai Guangtai Airport Equipment Co. Ltd., JBT AeroTech Corporation, Fraport AG, Airport Associates, John Bean Technologies Corp, ADELTE Group SL, Cavotec, Vestergaard Company, and Cargotec. North America was the largest region in the airport ground and cargo handling services market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport ground and cargo handling services report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the airport ground and cargo handling services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The airport ground and cargo handling services market includes revenues earned by entities providing refueling aircraft services, towing aircraft, cleaning, marshalling and parking. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global airport ground and cargo handling services market is segmented - 1) By Airport Type: Domestic, International 2) By Services: Passenger Handling, Baggage handling, Cargo and Mail Handling, Aircraft Handling, Ramp Handling 3) By Infrastructure Type: Greenfield Airport, Brownfield Airport

Chemical tanker shipping refers to cargo ships constructed or adapted for carrying liquid chemicals in bulk. This is designed specifically to maintain the consistency of the chemicals it carries. Certain coatings are applied to these tanker ships to make it easier to identify the chemicals being transported. The main types of chemical tanker shipping are inland chemical tankers (1,000-4,999 DWT), coastal chemical tankers (5,000-9,999 DWT), and deep-sea chemical tankers (10,000-50,000 DWT). Inland chemical tanker refers to vessels transporting a variety of liquids for the industry with a fleet capacity between 1,000-4,999 DWT. They are available in different fleet materials such as stainless steel, coated and epoxy used to carry different cargo types including IMO I, IMO II, and IMO III for different applications such as organic chemicals, inorganic chemicals, vegetable oils, fats, and other applications. The chemical tanker shipping market research report is one of a series of new reports from The Business Research Company that provides chemical tanker shipping market statistics, including the chemical tanker shipping industry global market size, regional shares, competitors with a chemical tanker shipping market share, detailed chemical tanker shipping market segments, market trends and opportunities, and any further data you may need to thrive in the chemical tanker shipping industry. This chemical tanker shipping market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global chemical tanker shipping market size is expected to grow from $29.72 billion in 2022 to $31.41 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The chemical tanker shipping market is expected to reach $38.43 billion in 2027 at a CAGR of 5.2%. The increasing demand for chemicals is expected to propel the growth of the chemical tanker shipping market. The term chemical refers to an element or any combination of these elements. Chemical tanker shipping refers to cargo ships constructed or adapted for carrying liquid chemicals in bulk. This tanker is used for carrying organic chemicals which are any chemical compound containing one or more atoms of carbon covalently linked to atoms of other elements, usually hydrogen, oxygen, nitrogen, and other inorganic chemicals. For instance, according to Cefic, a Belgium-based European chemical industry council, global chemicals sales were valued at $3,471 billion ($3593 billion) in 2020. Additionally, China's global share of chemical sales increased to 44.6%, making it the world's largest chemical producer. Thus, the increasing demand for chemicals is driving the growth of the chemical tanker shipping market. Product innovations are the key trends gaining popularity in the chemical tanker shipping market. Major operators in the market are innovating new environment-friendly products. For instance, in June 2021 Wuhu Shipyard Co Ltd., a China-based military shipbuilding company launched the 2nd 22000 DWT Hybrid Chemical Tanker for Sweden-based Donsö Shipping AB. It is an environment-friendly chemical tanker with a DC battery bank auxiliary propulsion system that makes zero emissions. It was also the first dual-fuel ship, and ice-class reinforced ship. In addition, it fully complies with International Maritime Organization (IMO) emission standard 3 (Tier III). In October 2022, Lomar, UK-based ship ownership, and management company and a subsidiary of the global private business group Libra acquired Carl Büttner Holding (CB) for $160 million. Through this acquisition, Lomar planned to expand its shipping business. Additionally, Libra Group's global network would benefit Carl Büttner Holding (CB). Carl Büttner Holding (CB) is a Germany-based chemical tanker shipping company. Major players in the chemical tanker shipping market are Stolt-Nielsen Ltd., Odfjell, Sinochem Corporation, MOL Chemical Tankers, Hansa Tankers, Iino Kaiun Kaisha LTD., MOL Nordic Tankers A/S, Ultratank, Bahri, WOMAR Logistics Pte Ltd., Chembulk Tankers LLC, Ace-Quantum Chemical Tankers, Navig8 Tankers, Koyo Kaiun Co. Ltd. and Algoma Central Corporation. North America was the largest region in the chemical tanker shipping market in 2022. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the chemical tanker shipping market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The chemical tanker shipping market consists of sales of parcel chemical tankers, dedicated chemical tankers, and product cum chemical tankers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global chemical tanker shipping market is segmented - 1) By Type: Inland Chemical Tankers (1,000-4,999 DWT), Coastal Chemical Tankers (5,000-9,999 DWT), Deep-Sea Chemical Tankers (10,000-50,000 DWT) 2) By Cargo Type: IMO I, IMO II, IMO III 3) By Fleet Material: Stainless Steel, Coated, Epoxy 4) By Application: Organic Chemicals, Inorganic Chemical, Vegetables Oils And Fats, Other Applications

Warehousing and storage refer to the act of storing items that will be sold or distributed later as well as the act of storing physical commodities or inventory in a warehouse and storage facilities for bonded merchandise, general merchandise, refrigerated goods, and other warehouse products. The main types in the warehousing and storage market are general warehousing and storage; refrigerated warehousing and storage; specialised warehousing and storage; and farm product warehousing and storage. General warehousing and storage involve storing, assorting, and stocking the goods. The market is segmented by ownership into private warehouses, public warehouses, and bonded warehouses and by end-use into the retail industry, manufacturing industry, consumer goods industry, food and beverage industry, healthcare industry, and others. The warehousing and storage market research report is one of a series of new reports from The Business Research Company that provides warehousing and storage market statistics, including warehousing and storage industry global market size, regional shares, competitors with a warehousing and storage market share, detailed warehousing and storage market segments, market trends and opportunities, and any further data you may need to thrive in the warehousing and storage industry. This warehousing and storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global warehousing and storage market grew from $660.39 billion in 2022 to $714.79 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The warehousing and storage market is expected to grow to $950.68 billion in 2027 at a CAGR of 7.4%. Many warehousing and storage companies are using big data analytics as a tool to plan and optimise warehouse operations. Big data analytics refers to the process of examining large sets of data to obtain useful information such as hidden patterns, market trends, unknown correlations, and customer preferences. Big data analyses the location, capacity, and flexibility of warehouses to predict customer requirements. It helps with improving warehouse planning and replenishment and creating lean supply chains with sophisticated inventory systems. This maximises workflow, improves floor utilization, and increases operational efficiencies and ROI. For example, The Clemens Group, a food services provider, uses big data forklift fleet management software to track vehicle impacts, operator productivity, and equipment utilisation on forklifts in the warehouse. EastPack, one of the largest kiwifruit packing houses in New Zealand, uses big data from real-time location systems to minimise supply chain errors and inventory issues. Major companies using big data analytics in warehousing include Deutsche Post, DHL Group, United Parcel Service, and Kuehne + Nagel. Major companies in the warehousing and storage market include Deutsche Post AG, Nippon Express Co. Ltd., Glencore International, XPO Logistics Inc., Bunge Limited, Kuehne + Nagel International AG, Prologis Inc., Owens & Minor Inc., Ceva Logistics AG, and Mitsui. Asia-Pacific was the largest region in the warehousing and storage market in 2022. North America was the second largest region in the warehousing and storage market. The regions covered in the warehousing and storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the warehousing and storage market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The warehousing and storage market includes revenues earned by entities by storing goods for smooth distribution, ensuring the supply chain of goods, managing inventory, and enhancing customer satisfaction. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global warehousing and storage market is segmented - 1) By Type: General Warehousing And Storage, Refrigerated Warehousing And Storage, Specialized Warehousing And Storage, Farm Product Warehousing and Storage 2) By End-Use: Retail Industry, Manufacturing Industry, Consumer Goods Industry, Food & Beverage Industry, Healthcare Industry, Other End Users 3) By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses Subsegments Covered:, Cold Storage, Frozen Storage, Automobile Dead Storage, Bulk Petroleum And Chemical Storage, Document Storage And Warehousing, Whiskey Warehousing, Other Specialized Warehousing And Storage

Air cargo services are a mode of transportation that uses aircraft, such as planes and helicopters, to provide contract air transportation of cargo and mail over fixed international routes due to their ability to supply consumers all over the world with high-quality goods at reasonable prices. The main types in the air cargo services market are air mail and air freight. Airfreight involves the transportation of cargo and mail through an air carrier. The market is also segmented by destination into domestic and international and by service into express and regular. It is also segmented by end-user into consumer electronics, retail, third-party logistics, food and beverages, pharmaceuticals and healthcare, and others. The air cargo services market research report is one of a series of new reports from The Business Research Company that provides air cargo services market statistics, including air cargo transport services industry global market size, regional shares, competitors with an air cargo transport services market share, detailed air cargo transport services market segments, market trends and opportunities, and any further data you may need to thrive in the air cargo transport services industry. This air cargo transport services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global air cargo services market grew from $61.73 billion in 2022 to $65.5 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The air cargo services market is expected to grow to $81.29 billion in 2027 at a CAGR of 5.5%. Air cargo companies are increasingly using block chain technology to improve efficiency, minimise losses, and prevent damage to cargo. Block chain technology allows air cargo companies to digitally track and record the change of custody for airline cargo containers, or Unit Load Devices (ULDs), as they journey between destinations. For instance, the block chain in Transport Alliance (BiTA) is pushing for a standardised implementation in the logistics industry. Large industry players such as UPS, FedEx, DHL, and Union Pacific have signed on with BiTA. Sita, an air transport communications and information technology company, estimates the possibility of using block chain technology to save $400 million a year for the air cargo industry. Major companies in the air cargo services market include Cathay Pacific Cargo, FedEx, The Emirates Group, United Parcel Service, and DHL Aviation. Asia-Pacific was the largest region in the air cargo services market in 2022. North America was the second largest region in the air cargo services market. The regions covered in the air cargo services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the air cargo services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The air cargo services market includes revenues earned by entities by transporting goods and couriers at high speeds to enhance less time-consuming delivery without the need for warehouse and storage facilities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global air cargo services market is segmented - 1) By Type: Air Mail, Air Freight 2) By Destination: Domestic, International 3) By End-User: Consumer Electronics, Retail, Third Party Logistics, Food And Beverages, Pharmaceuticals And Healthcare, Other End Users 4) By Service: Express, Regular

Rail freight refers to a mode of transportation that provides the carriage of goods from a point of loading, or goods station, to a point of unloading, as well as a station capable of handling the loading and unloading of the goods carried that are generally heavy in bulk and of low value in their bulk and that offer fuel efficiency and certain solutions for the movement of goods compared to other methods. The main types in the rail freight market are intermodal, tank wagons, and freight cars. Freight cars are used to transport and carry goods. The market is also segmented by freight type into containerized, liquid, commodities, and others and by application into oil and gas, mining industry, logistics industry, post-service, and others. The rail freight market research report is one of a series of new reports from The Business Research Company that provides rail freight market statistics, including rail freight industry global market size, regional shares, competitors with a rail freight market share, detailed rail freight market segments, market trends and opportunities, and any further data you may need to thrive in the rail freight industry. This rail freight market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global rail freight market grew from $258.77 billion in 2022 to $273.23 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rail freight market is expected to grow to $332.67 billion in 2027 at a CAGR of 5.0%. Tracking and tracing systems of rail freight using GPS and GSM help transportation organisations overcome the rail freight transportation drawbacks such as loss and theft. It provides full-fledged security and monetarization of freight and more effective and efficient freight transportation over short distances for smaller loads. The ViWaS project, equipped with smart telematics systems in Europe, has introduced tracking technology in rail freight. Major companies in the rail freight market include Duetsche Bahn AG, BNSF Railway, Indian Railways, JSC Russian Railways, Union Pacific Corp, China Railway Corporation, Berkshire Hathaway Inc., Canadian National Railway, CSX Corp, and Norfolk Southern Corp. Asia-Pacific was the largest region in the rail freight market in 2022. North America was the second largest region in the rail freight market. The regions covered in the rail freight market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the rail freight market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The rail freight market includes revenues earned by entities by transporting bulk goods from one place to another using trains. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global rail freight market is segmented - 1) By Type: Intermodals, Tank Wagons, Freight Cars 2) By Destination: Domestic, International 3) By Application: Oil and Gas, Mining Industry, Logistic Industry, Post Service, Other Applications 4) By Freight Type: Containerized, Liquid, Commodities, Other Applications

Commuter rail and public bus services refer to a mode of transportation that operates local and suburban ground passenger transit systems using more than one mode of transport over regular routes and on regular schedules within a metropolitan area and its adjacent nonurban areas and is usually characterized by reduced fares, multiple rides, and commuter tickets and is mostly used by passengers during the morning and evening peak periods. The main types of services in the commuter rail and public bus services market are commuter rail services (metro and mmts) and public bus services. Commuter rail services are usually characterised by reduced fares, multiple rides, and commuter tickets, and are mostly used by passengers during the morning and evening peak periods. The market is also segmented by distance into long-distance and short-distance and by application into adults and children. The commuter rail and public bus services market research report is one of a series of new reports from The Business Research Company that provides commuter rail and public bus services market statistics, including commuter rail and public bus services industry global market size, regional shares, competitors with a commuter rail and public bus services market share, detailed commuter rail and public bus services market segments, market trends and opportunities, and any further data you may need to thrive in the commuter rail and public bus services industry. This commuter rail and public bus services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global commuter rail and public bus services market grew from $361.18 billion in 2022 to $397.18 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The commuter rail and public bus services market is expected to grow to $562.62 billion in 2027 at a CAGR of 9.1%. The commuter rail and public bus service markets' growth is aided by the stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, following a significant decline in the previous period, are expected to further aid market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Stable economic growth is expected to increase investments in end-user markets, thereby driving the market during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the commuter rail and public bus service markets in 2020 as governments imposed lockdowns and restricted the movement of people and goods to contain the transmission. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down" and the outbreak harmed businesses throughout 2020 and 2021. However, it is expected that the commuter rail and public bus markets will recover from the shock. Many bus service providers are introducing hybrid buses to reduce carbon emissions. Buses are generally powered by diesel, which releases CO2 emissions into the environment. On the contrary, hybrid buses utilise alternate fuel and do not require heavy investment like electric buses. A hybrid bus is powered by two alternate fuels or fuel combined with electricity, diesel-natural gas, or diesel-electric. In addition to that, these buses offer a quieter experience and lower maintenance costs. According to research by the Environmental and Energy Study Institute, hybrid buses offer about 40% improvement in fuel economy in comparison to standard diesel coaches and nearly 90% improvement over compressed natural gas buses. Major companies involved in the manufacturing of hybrid buses are Arriva Bus, Stagecoach, Volvo Buses, Allison Transmission, and Jinlong. Major companies in the commuter rail and public bus services market include Metropolitan Transportation Authority, Transport International Holdings Limited, Transport for London (TFL), Duetsche Bahn AG, FirstGroup PLC, MTR Corp Ltd., ComfortDelGro Corporation, Stagecoach Group plc, Guangzhou Metro, and Kyushu Railway Company. Western Europe was the largest region in the commuter rail and public bus services market in 2022. Asia-Pacific was the second largest region in the commuter rail and public bus services market. The regions covered in the commuter rail and public bus services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the commuter rail and public bus services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The commuter rail and public bus services market includes revenues earned by entities by transporting goods and people with less traffic congestion to enhance productivity and reduce operational costs. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global commuter rail and public bus services market is segmented - 1) By Type: Commuter Rail Services (Metro And MMTS), Public Bus Services 2) By Distance: Long-Distance, Short-Distance 3) By Application: Adults, Children

School and employee bus services refer to modes of local transportation of people that provide buses and other motor vehicles to transport people to and from school or employees to and from work to enhance safety of kids, reduce time of travel, and reduce carbon emissions to protect the environment from environmental damage from air pollution. The main types in the school and employee bus service markets are student bus services and employee bus services. The students' bus services provide buses and other motor vehicles to transport students to and from school. The market is segmented by ownership into company-owned transportation services, outsourced transportation services, rentals, and pick-and-drop transportation services and by service type into mobility as a service (MaaS) and software as a service (SaaS). The school and employee bus services market research report is one of a series of new reports from The Business Research Company that provides school and employee bus services market statistics, including school and employee bus services industry global market size, regional shares, competitors with a school and employee bus services market share, detailed school and employee bus services market segments, market trends and opportunities, and any further data you may need to thrive in the school and employee bus services industry. This school and employee bus services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global school and employee bus services market grew from $51.54 billion in 2022 to $55.83 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The school and employee bus services market is expected to grow to $75.22 billion in 2027 at a CAGR of 7.7%. The school and employee bus service market is increasing with the increase in the enhanced safety features in the buses. The industry has begun using in-wheel alcohol detection systems to combat drunk driving. This technology consists of sensors that are placed into the steering wheel and help to detect the driver’s skin oil and lock the bus before going on the road in case of alcohol detection. It enables us to prevent unsafe and careless driving. These advanced technologies equipped on buses are drastically increasing the school and employee bus service market. Major companies in the school and employee bus services market include FirstGroup PLC, National Express Group PLC, A2B Australia Ltd., Student Transportation Inc., Transdev, and North America Central School Bus. Asia-Pacific was the largest region in the school and employee bus services market in 2022. Western Europe was the second largest region in the school and employee bus services market. The regions covered in the school and employee bus services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the school and employee bus services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The school and employee bus services market includes revenues earned by entities by providing transportation facilities for employees and students on a regular basis to pick up and drop off, saving time. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global school and employee bus services market is segmented - 1) By Type: Students Bus Services, Employee Bus Services 2) By Ownership: Company Owned Transportation Service, Outsourced Transportation Service, Rentals, Pick and Drop Transportation Service 3) By Service Type: Mobility as a Service (MaaS), Software as a Service (SaaS)