Tank Wagons Global Market Report 2023 – By Tank Pressure Type (Pressurized Railraod tank car, General Purpose or NonPressurized tank car), By Protection Type (Insulated, Noninsulated), By Application (Crude Oil, Ethanol, Liquefied Gases, Bio Fuels, Milk, Chemicals, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Intermodal refers to a mode of transportation in which the handling of the freight is not done manually when changing a rail carrier, thus increasing the security of the transported product substantially. It provides the transportation of freight in an intermodal container and offers a safe and secure system that stops handling too much freight while it's being transported. The main types in the intermodal market are container-on-flatcar (COFC) and trailer-on-flatcar (TOFC). The COFC is a type of rail freight service in which an empty container is loaded and transported on the train's flatcar. The market is covered by destination into domestic and international and by application into oil and gas, aerospace and defense, industrial and manufacturing, construction, chemical, food and beverages, healthcare, and others. The global intermodals market is segmented - 1) By Type: Container-On-Flatcar (Cofc), Trailer-On-Flatcar (Tofc) 2) By Destination: Domestic, International 3) By Application: Oil And Gas, Aerospace And Defense, Industrial And Manufacturing, Construction, Chemical, Food And Beverages, Healthcare, Other Applications The global intermodal market size will grow from $23.37 billion in 2022 to $26.49 billion in 2023 at a compound annual growth rate (CAGR) of 13.4%. 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 market size of the global intermodal market is expected to grow to $41.59 billion in 2027 at a CAGR of 11.9%. The sustainable nature of intermodal rail transport is expected to drive the intermodal market. Unlike truckloads, rails use less fuel and are faster, which makes intermodal transportation energy and cost-efficient. Over the years, rail fuel efficiency has firmly increased, making it the most environmentally sustainable means of transporting goods overland. According to the Association of American Railroads (AAR), the USA's freight railways can move one tonne of freight more than 470 miles per gallon of fuel on an average. AAR's analysis of federal data finds that if 25% of truck traffic travelling at least 750 miles went by rail instead, annual greenhouse gas emissions were expected to fall by around 13.1 million tonnes, and if 50% of truck traffic moving at least 750 miles, greenhouse gas emissions dropped by about 26.2 million tonnes. The most fuel-efficient form of land transport is moving freight by rail, which reduces transportation costs and promotes brand control for a sustainable environment that encourages the growth of the intermodal market. Major players in the intermodal market are Union Pacific Railroad, Canadian National Railway, CSX Transportation, Norfolk Southern Railway, BNSF Railway, DB Schenker, SBB Cargo, CTL Logistics, VTG Rail Logistics, and Kuehen+Nagel Logistics. The competition from the trucking market is anticipated to hinder the intermodal market over the forthcoming years. Limited origin and destination pairing and finite market providers are the major limitations of intermodal over truck loads. Intermodal is not the appropriate solution for every possible origin and destination zip code pairing due to the restricted number of intermodal railroad ramps and dray typically needs to be within 100 miles of their respective ramp. Moreover, the limited number of rail intermodal providers over truckloads is another major challenge for the rail intermodal industry. Thus, truckloads are preferred over rail transport, subsequently restricting the growth of the intermodal market. Organizations are implementing precision-scheduled railroading that has been gaining popularity in the intermodal market over the past few years. Precision scheduled railroading (PSR) is a plan that includes centralizing operations, reducing staff, running fewer, heavier, faster trains, and optimizing the network to increase efficiency. For instance, in July 2021, the US Government Accountability Office, a US-based investigation agency, launched precision railroading to improve rail safety and tracking, and to improve cost structure, customer service, and consistent and reliable operations. In June 2020, the Canadian Pacific Railway (CP), a Canadian-based railway offering transportation services and supply chain expertise across North America, acquired the entire network of the Central Maine and Quebec Railway (CMQ) for an undisclosed amount. The acquisition provides CP with direct links to Searsport, Maine, and Port Saint John, New Brunswick's Atlantic seaports, which offer CP a 320 km shorter route than competing railways from the east coast to Montreal and Toronto. It also enabled the company to serve customers through a larger coast-to-coast network across Canada and deliver direct Class 1 freight-rail service, including intermodal services, to the State of Maine. Central Maine and Quebec Railway is a Class II freight railway based in the United States that provides intermodal services. North America was the largest region in the intermodal market in 2022. Asia-Pacific was the second largest region in the global intermodal market share. The regions covered in the global intermodal market research report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the intermodal market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The intermodal market includes revenues earned by entities by transporting freight using more than two modes of transportation to reduce cost, pollution, and traffic obstructions. 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 intermodal market research report is one of a series of new reports from The Business Research Company that provides intermodal market statistics, including intermodal industry global market size, regional shares, competitors with an intermodal market share, detailed intermodal market segments, market trends and opportunities, and any further data you may need to thrive in the intermodal industry. This intermodal 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.

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 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 The global rail freight market size 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 global market in 2022. North America was the second largest region in the rail freight global market. The regions covered in the rail freight market share analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the rail freight industry share 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 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 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.

Freight cars are a type of railroad car, rolling stock, or motor vehicle that is designed to transport goods such as cargo, food grains, oil, minerals, and other goods on a rail transport system that is designed to transport large amounts of goods that can be delivered to both long and short distance destinations. The main types of freight cars covered in this report are intermodal, tank wagons, and freight cars. A tank waggon is defined as a vehicle that is designed to carry gases or liquids. It is also segmented by application into coal, petroleum and chemicals, metals and minerals, automobiles, agricultural products, and other applications. It is also segmented by end-use industries into agriculture, construction, oil and gas, chemical, medical and pharmaceuticals, food and beverages, government and defense, automotive and transportation, and marine. The global freight cars market is segmented - 1) By Type: Intermodals, Tank Wagons, Freight Cars 2) By Application: Coal, Petroleum And Chemicals, Metals And Minerals, Automobiles, Agricultural Products, Other Applications 3) By End-Use Industries: Agriculture, Construction, Oil & Gas, Chemical, Medical & Pharmaceuticals, Food & Beverages, Government & Defense, Automotive & Transportation, Marine The global freight cars market size will grow from $167.96 billion in 2022 to $176.19 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. 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 global freight cars market size is expected to grow to $208.45 billion in 2027 at a CAGR of 4.3%. Government initiatives are expected to boost the freight car market growth. For instance, in September 2021, the Indian government think tank Niti Aayog, launched the "Shoonya" initiative, which aims to fully electrify fleet vehicles in the urban freight sector within the next two years, as part of a massive effort to accelerate the adoption of electric vehicles and build an ecosystem for them in the nation. Therefore, the steps taken by the government to increase rail freight will increase the demand for freight cars market growth during the period. Major players in the freight cars market are CN Railway, DB Schenker, Union Pacific, Kansas City Southern, CSX Corporation, Norfolk Southern Corporation, Housatonic Railroad Company, and Linfox Pty Ltd. Stringent regulation regarding import and export is one of the major challenges to the growth of the freight car market. Rail freight transportation would decrease as a result of strict rules over trade, which would decrease the demand for freight cars. In 2020, the Customs department of India imposed stringent rules on the free-trade agreement import of white goods to check undue dumping of these commodities under FTAs from non-producing countries. It aims to check the misuse of relaxation under free-trade agreements. India is also eager to implement new planned regulations to boost domestic manufacturing by reducing imports, with the goal of reducing the amount of lower-quality imports from China. Therefore, stringent rules posed by the government over trade are expected to hinder the freight car market growth during the forecast period. Freight cars are now enabled with GPS tracking and this is likely to be an emerging trend in the freight car market. The efficiency of freight car transport will be augmented with the use of advanced GPS technologies. Rail operators' incorporation of GPS technologies into freight cars aids in managing the transport process, scheduling freight cars, maintaining a consistent delivery process, and reducing freight car theft. For instance, in June 2022, Indian Railways began real-time monitoring of trains (passenger and freight) using the Control Office Application (COA) system. The COA was designed by ISRO after collaborating with the Indian Railways to monitor the movement of freight cars even between two stations with GPS. Therefore, the demand for freight cars is expected to be increased with the incorporation of certain criteria such as real-time data and on-time deliveries. In March 2021, Sojitz Corporation, a Japan-based manufacturing company specializing in the trading of goods and services, acquired Southwest Rail Industries Inc. for an undisclosed amount. Through this acquisition, Sojitz increases its capability to deliver excellent customer service, prompt responses, the capacity to customize leases to meet customers' needs, expand railway services in North America, and decarbonization and sustainability. Southwest Rail Industries Inc. is a US-based transportation company pioneering in providing freight rail coaches and cars to offer services for customers in the United States. Asia-Pacific was the largest region in the freight cars market in 2022. North America was the second largest region in the global freight cars market. share The regions covered in the global freight cars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the freight cars market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The freight car market consists of sales of covered wagons, cargo beamers, and flat cars. 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 freight car market research report is one of a series of new reports from The Business Research Company that provides freight car market statistics, including freight car industry global market size, regional shares, competitors with a freight car market share, detailed freight car market segments, market trends and opportunities, and any further data you may need to thrive in the freight car industry. This freight car 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.

General freight trucking refers to a mode of transportation that provides general freight trucking services. Establishments in the general freight trucking industry handle a wide variety of commodities, generally palletized and transported in a container or van trailer, and network activities such as local pickup, local sorting, and terminal operations; line hauling; destination sorting and terminal operations; and local delivery. The main types in the general freight trucking market are local general freight trucking and long-distance general freight trucking. Local general freight trucking handles a wide variety of commodities, generally palletized and transported in a container or van trailer. The market is also segmented by size into heavy trucks, medium trucks, and light trucks and by application into oil and gas, industrial and manufacturing, energy and mining, food and beverages, pharmaceuticals and healthcare, and others. The global general freight trucking market is segmented - 1) By Type: Local General Freight Trucking, Long-Distance General Freight Trucking 2) By Application: Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Other Applications 3) By Size: Heavy Trucks, Medium Trucks, Light Trucks The global general freight trucking market size grew from $859.35 billion in 2022 to $939.3 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. 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 general freight trucking market is expected to grow to $1309.79 billion in 2027 at a CAGR of 8.7%. With the entry of automated vehicles with high-tech safety measures like cameras, radar, and Lidar sensors guiding the way, companies can save money through less fuel and more frequent schedules. Major companies in the general freight trucking market include Xiamen C&D, United Parcel Service Inc., C.H. Robinson Worldwide Inc., FedEx Corporation, XPO Logistics Inc., J.B. Hunt Transport Services, YRC Worldwide Inc., Deutsche Post AG, Old Dominion Freight Line Inc., and Landstar System Inc. Asia-Pacific was the largest region in the general freight trucking market in 2022. North America was the second largest region in the general freight trucking global market. The regions covered in the general freight trucking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the general freight trucking market analysis 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 general freight trucking market includes revenues earned by entities by providing transportation services for the movement of goods over long distances. 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 general freight trucking market research report is one of a series of new reports from The Business Research Company that provides general freight trucking market statistics, including general freight trucking global market size, regional shares, competitors with a general freight trucking market share, detailed general freight trucking market segments, market trends and opportunities, and any further data you may need to thrive in the general freight trucking industry. This general freight trucking 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.

Specialized freight trucking is a mode of transportation for household and office goods that uses trucks for short-distance travel and provides delivery of goods in rural areas on the basis of on-demand delivery and custom-based deliveries, and is mostly used for delivery of products that can be ordered through e-commerce platforms. The main types of specialised freight trucking are automobiles and heavy equipment; bulk liquids; dry bulk materials; forest products; and refrigerated goods. Automobiles are passenger vehicles designed for use on public roads, with four wheels and a gasoline or diesel internal-combustion engine.Heavy equipment is used to describe the heavy-duty machines that are used in the construction, forestry, agriculture, and mining industries. These machines are used to move earth and other large materials, but they are also used to drill, lift, grade, suction, plough, and compact. The market is also segmented by size into heavy trucks, medium trucks, and light trucks and by application into oil and gas, industrial and manufacturing, energy and mining, food and beverages, pharmaceuticals and healthcare, and others. The global specialized freight trucking market is segmented - 1) By Type: Automobiles And Heavy Equipment, Bulk Liquids, Dry Bulk Materials, Forest Products, Refrigerated Goods 2) By Application: Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Other Applications 3) By Size: Heavy Trucks, Medium Trucks, Light Trucks The global specialized freight trucking market size grew from $980.5 billion in 2022 to $1061.49 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 specialized freight trucking market is expected to grow to $1418.06 billion in 2027 at a CAGR of 7.5%. The specialized freight trucking market's growth is aided by 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, after a significant decline in the historical period, are further expected to aid the market's 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. Major companies in the specialized freight trucking market include Cargill Incorporated, Toyota Motor Corp, FedEx Corporation, Energy Transfer Partners LP, Thyssenkrupp AG, Plains GP Holdings, A.P. Møller-Mærsk A/S, Toyota Tsusho, CJ Corp, and Knight-Swift Transportation Holdings Inc. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the specialised freight trucking market 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 specialized freight trucking market will recover from the shock. Truck transportation companies are widely using collision mitigation technology to reduce the loss of lives and damage associated with accidents. The collision mitigation system detects the impending strike and alerts the driver about any collision. These systems are installed within the vehicle and, in the event of an imminent accident, they can take action automatically without the driver’s input. These systems are becoming a standard inbuilt feature on many new trucks in many countries globally. For instance, according to US Department of Transportation data, twenty automakers pledged to voluntarily equip virtually all new passenger vehicles by 2022 with a low-speed AEB system that includes forward collision warning (FCW), technology proven to help prevent and mitigate front-to-rear crashes. The agency stated that this could prevent nearly 2000 crashes every year. Major companies manufacturing these systems for trucks include Delphi Automotive LLP, Robert Bosch GmbH, Denso Corporation, Autoliv, Inc., and General Electric Company. Asia-Pacific was the largest region in the specialized freight trucking market in 2022. North America was the second largest region in the specialized freight trucking market. The regions covered in The specialized freight trucking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the specialized freight trucking 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 specialized freight trucking market includes revenues earned by entities by providing transportation services for specialized goods that must be delivered to customers quickly. 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 specialized freight trucking market research report is one of a series of new reports from The Business Research Company that provides specialised freight trucking market statistics, including specialized freight trucking market size, regional shares, competitors with a specialized freight trucking market share, detailed specialized freight trucking market segments, specialized freight trucking market trends and opportunities, and any further data you may need to thrive in the specialized freight trucking industry. This specialized freight trucking 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.

Long-distance general freight trucking is a mode of transportation that uses motor vehicles such as trucks to transport a variety of commodities, which are generally palletized and transported in a container or van trailer for carriage of domestic and commercial goods, typically between metropolitan areas and may cross country borders. The main services in the long-distance general freight trucking market are general long-distance truckload carriers, general long-distance less-than-truckload carriers, and other transportation services. The general long-distance truckload carriers provide long-distance general freight trucking between metropolitan areas. The market is segmented by activities into general long-distance truckload transit, general long-distance less-than-truckload transit, logistics planning, container trucking long-distance, and motor freight trucking long-distance. It is also segmented by size into heavy trucks, medium trucks, and light trucks and by application into oil and gas, industrial and manufacturing, energy and mining, food and beverages, pharmaceuticals and healthcare, and others. The global long-distance general freight trucking market is segmented – 1) By Services: Truckload Carriers, Less-than-truckload Carriers, Other Transportation Services 2) By Activities: General long-distance truckload transit, General long-distance less-than-truckload transit, Logistics planning, Container trucking long-distance, Motor freight trucking long-distance 3) By Application: Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Other Applications 4) By Size: Heavy Trucks, Medium Trucks, Light Trucks The global long-distance general freight trucking market size will grow from $732.40 billion in 2022 to $809.43 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. 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 market size of long-distance general freight trucking is expected to grow to $1,170.32 billion in 2027 at a CAGR of 9.7%. An increase in the manufacturing output of different industries is expected to drive the growth of the long-distance general freight trucking market. More manufacturing output calls for more trucking to carry the freight from one place to another. In March 2020, Tesla planned to increase electric vehicle production capacity in China. This production capacity will be 250,000 cars a year. To transport these manufactured cars, there will be a need for freight trucking. In June 2020, a Tesla semi, which is used for long haul trucking, was transporting the cars. Thus, the increased manufacturing output, which results in increased trucking for transportation of the finished products, is driving the growth of the long-distance general freight trucking market. Major players in the long-distance general freight trucking market are XPO Logistics Inc., YRC Worldwide Inc., FedEx Corporation, JB Hunt Transport Services Inc., Knight-Swift Transportation Holdings Inc., Old Dominion Freight Line, Progressive Carriers, Joe's Logistics, Universal Truckload, and Reynold Transportation. Travel restrictions and lockdowns during COVID-19 are limiting the growth of the long-distance general freight trucking market. Coronavirus lockdown limitations have restricted freight movement, raising operating expenses and increasing anxiety among drivers and crew members. According to an analysis by Geotab Inc., a web analytics company, there was a significant drop in commercial transport activity between March 16 and May 8, 2020 in the United States, when compared with baseline data from February 2020. The commercial transport activity of the United States is operating at an average of 83% of total commercial transport activity. This decrease in activity is felt more seriously in federal regions such as New York and New Jersey, with working levels at 66% of normal activity. Thus, these variables, such as travel restrictions and lockdown, are affecting the development of the long-distance general freight trucking market. Electric trucks are being increasingly used by the long-distance general freight trucking market for transportation, which is expected to propel the market's growth. Numerous retailers and transporters are putting in huge orders of electric trucks for beverage routes and last-mile delivery. In September 2020, Amazon bought 10 electric trucks from Lion Electric, and they ordered 100,000 electric delivery vans from startupRivian with deliveries from 2021 to 2024. In June 2020, Mark-It Express Logistics, a US-based intermodal trucking and freight brokerage company, acquired the operating assets of Sava Transportation for an undisclosed amount. The acquisition will help Mark-It Express Logistics offer flexible and robust solutions to their customers and will add 20 more trucks to their fleet. This acquisition will also diversify its customer base and increase its market share. Sava Transportation is a US-based company specialising in intermodal traffic. Asia-Pacific was the largest region in the long-distance general freight trucking market in 2022. North America was the second largest region in the long-distance general freight trucking market share. The regions covered in the global long-distance general freight trucking market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the long-distance general freight trucking global market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The long-distance general freight trucking market includes revenues earned by entities by providing transportation services for local pickup of goods to deliver them to the customer. 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 long-distance general freight trucking market research report is one of a series of new reports from The Business Research Company that provides long-distance general freight trucking market statistics, including long-distance general freight trucking global market size, regional shares, competitors with a long-distance general freight trucking market share, detailed long-distance general freight trucking market segments, market trends and opportunities, and any further data you may need to thrive in the long-distance general freight trucking industry. This long-distance general freight trucking 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.

Transport services refer to a type of service that includes activities such as warehousing and storage services that are designed to assist people in moving from one location to another to obtain services or perform daily tasks that include the operation of warehousing and storage facilities for merchandise, refrigerated goods, and other materials. The main types in the transport services market are segmented into air transport, general transport, pipeline transport, rail transport, transit and ground passenger transport, truck transport, warehousing and storage, and water transport. Water transport involves the transportation of goods and people from one location to another through the water. The market is also segmented by purpose into commuter travel, tourism and leisure travel, business travel, cargo and freight travel, and shipping and delivery travel, and also segmented by destination into domestic and international. It is also segmented by the end-use industry into mining, construction, agriculture, construction, and others. The global transport services market is segmented - 1) By Type: Air Transport, General Transport, Pipeline Transport, Rail Transport, Transit And Ground Passenger Transport, Truck Transport, Warehousing And Storage, Water Transport 2) By Purpose: Commuter Travel, Tourism And Leisure Travel, Business Travel, Cargo And Freight Travel, Shipping And Delivery Travel 3) By Destination: Domestic, International 4) By End-Use Industry: Mining, Construction, Agriculture, Other End Use Industries Subsegments Covered: Passenger Air Transport, Chartered Air Transport, Air Cargo Services, Sightseeing Transport & Support Activities For Transport, Couriers And Messengers, Postal Services, Crude Oil Pipeline Transport, Natural Gas Pipeline Transport, Refined Petroleum Products Pipeline Transport, Other Pipeline Transport, Passenger Rail Transport, Rail Freight, Commuter Rail And Public Bus Services, Taxi And Limousine Services, School And Employee Bus Services, Charter Bus Services, Other Transit And Ground Passenger Transport, General Freight Trucking, Specialized Freight Trucking, General Warehousing And Storage, Refrigerated Warehousing And Storage, Specialized Warehousing And Storage, Farm Product Warehousing and Storage, Deep Sea, Coastal, And Great Lakes, Inland Water Transport The global transport services market size grew from $7197.32 billion in 2022 to $7993.46 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. 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 transport services market is expected to grow to $10568.92 billion in 2027 at a CAGR of 7.2%. Faster Economic Growth: The transportation services market's 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, after a significant decline in the historical period, are further expected to aid the market's 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. Major companies in the transport services market include United Parcel Service Inc., Amazon.com Inc., United States Postal Service, Deutsche Post AG, FedEx Corporation, Cargill, Incorporated, China Railway Corporation, A.P. Moller-Maersk A/S, Indian Railways, and JSC Russian Railways. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the transportation services market 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 harming businesses throughout 2020 and into 2021. However, the transportation services market has started recovering from the shock. Companies are actively pursuing electricity to power buses to reduce carbon emissions and cut costs. Solar buses run on electric batteries, which, in some cases, are also charged by solar panels installed on the roof of the bus. This improves the fuel efficiency of the vehicle and increases the life of lithium batteries. Further, the technology has low-maintenance components, allowing the companies to save costs. Major companies involved in manufacturing electric buses include Kiira Motors, BYD Company, Heilongjiang Qiqiar New Energy Automobile Co., Ltd., Bauer's Intelligent Transportation, Yutong, and Volvo buses. Asia-Pacific was the largest region in the transport services market in 2022. Western Europe was the second largest region in the transport services market. The regions covered in the transport services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the transport services market analysis 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 transport services market includes revenues earned by entities by transporting goods and people from one location to another for an amount or fee to improve the economy of the particular country. 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 transport services market research report is one of a series of new reports from The Business Research Company that provides transport services market statistics, including transport services industry global transport services market size, regional shares, competitors with a transport services market share, detailed transport services market segments, transport services market trends and opportunities, and any further data you may need to thrive in the transport services industry. This transport 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.

General transport services refer to a type of service that includes activities such as warehousing and storage services that are designed to assist people in moving from one location to another to obtain services or perform daily tasks that include the operation of warehousing and storage facilities for merchandise, refrigerated goods, and other materials. The main types in the general transport services market are sightseeing transport and support activities for transport, couriers and messengers, and postal services. The postal services involve the collection and delivery of mail and letters throughout a country. The market is segmented by shipment category into freight, parcel, express, and others; and by application into construction and mining, oil and gas, healthcare, and others. The global general transport services market is segmented - 1) By Type: Sightseeing Transport & Support Activities For Transport, Couriers And Messengers, Postal Services 2) By Shipment Category: Freight, Parcel, Express, Other Shipment Categories 3) By Application: Construction And Mining, Oil And Gas, Healthcare, Other Applications Subsegments Covered: Scenic And Sightseeing Transport, Support Activities For Transport, Domestic Couriers, International Couriers The global general transport services market size grew from $2154.78 billion in 2022 to $2331.59 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 general transport services market is expected to grow to $3115.28 billion in 2027 at a CAGR of 7.5%. Courier service providers are now offering on-demand delivery services for faster and more efficient delivery of parcels. On-demand delivery provides customers with the flexible option of getting packages delivered at their convenient time and place. This service can also be integrated with point-of-sale systems and e-commerce platforms, which enables courier companies to efficiently manage their operations and thus is a cheaper, faster, and more reliable mode of parcel delivery. For instance, UberRUSH is an on-demand courier delivery service operating in New York, Chicago, and San Francisco. On-demand delivery services are being widely used for prescription medicine, laundry pickup and delivery, fast food delivery, and marijuana delivery. Major on-demand delivery service providers include Postmates, Deliv, Sidecar, and Amazon Flex in the USA; PiggyBaggy in Finland; and Nimber in Norway. Major companies in the general transport services market include Amazon.com Inc., United States Postal Service, United Parcel Service Inc., Deutsche Post AG, FedEx Corporation, Japan Post Group, LE GROUPE LA POSTE, The Royal Mail, SF Express Co. Ltd., and Canada Post. Western Europe was the largest region in the general transport services market in 2022. Asia-Pacific was the second largest region in the general transport services market. The regions covered in the general transport services report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the general transport services market analysis 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 general transport services market includes revenues earned by entities by transporting goods and people from one location to another for an amount or fee to improve the economy of the particular country. 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 general transport services market research report is one of a series of new reports from The Business Research Company that provides general transport services market statistics, including general transport services industry global market size, regional shares, competitors with a general transport services market share, detailed general transport services market segments, market trends and opportunities, and any further data you may need to thrive in the general transport services industry. This general transport 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.