This Intermodal Freight Transportation market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The intermodal freight transportation market size has grown rapidly in recent years. It will grow from $51.18 billion in 2023 to $58.85 billion in 2024 at a compound annual growth rate (CAGR) of 15%. The growth in the historic period can be attributed to rising demand for quick delivery, expansion of free trade agreements, development of rail infrastructure, increase in industrial production, growth in logistics, and expansion of supply chain management services.
The intermodal freight transportation market size is expected to see rapid growth in the next few years. It will grow to $103.78 billion in 2028 at a compound annual growth rate (CAGR) of 15.2%. The growth in the forecast period can be attributed to the rise in global trade, increasing demand from e-commerce, accelerating urbanization, rising fuel costs, and a growing need for refrigerated transport. Major trends in the forecast period include technological advancements, integration of artificial intelligence (AI), real-time tracking, green logistics solutions, and the use of blockchain technology.
The growth of industrialization is anticipated to drive the expansion of the intermodal freight transportation market. Industrialization refers to the transformation of an economy from one primarily based on agriculture to one centered around manufacturing goods and services. The rise in industrialization is attributed to globalization, improvements in supply chain efficiency, diversification of market demands, and trade agreements. Intermodal freight transportation is vital to industrialization as it enhances the efficiency and effectiveness of logistics and supply chain systems. It supports global trade, infrastructure development, and economic growth, thus becoming a cornerstone of modern industrial economies. For example, in February 2023, Statistics Canada, a Canadian government agency, reported that the manufacturing sector in Canada experienced significant growth, with total sales rising by 17.9% to $850.9 billion in 2022. Consequently, the increasing pace of industrialization is fueling the growth of the intermodal freight transportation market.
Major players in the intermodal freight transportation market are focusing on advancing technologies, such as AI-based transport management solutions, to improve efficiency, optimize routes, and enhance overall supply chain performance. AI-based transport management solutions involve sophisticated systems that leverage artificial intelligence (AI) to optimize various facets of transportation management. For instance, in September 2023, 3SC Solutions, a Netherlands-based supply chain solutions provider, introduced iTMS (Intelligent Transport Management Solution). This system integrates cutting-edge AI and machine learning technologies to provide real-time route optimization, boosting efficiency and reducing operational costs. iTMS also features predictive analytics to foresee potential disruptions and adjust logistics strategies proactively. Its dynamic dashboard offers comprehensive visibility into all transportation activities, facilitating seamless coordination across multiple transport modes.
In January 2023, RoadOne Intermodal Logistics, a US-based logistics services provider, acquired Transporter Inc. for an undisclosed amount. This acquisition aims to expand RoadOne’s intermodal logistics capabilities, enhance its service offerings, and strengthen its market position by integrating Transporter Inc.'s expertise and assets into its operations. Transporter Inc., based in the US, specializes in intermodal freight transportation services.
Major companies operating in the intermodal freight transportation market are Deutsche Post DHL Group, FedEx Corporation, A.P. Moller-Maersk A/S, CMA CGM Group, Deutsche Bahn AG, Kuehne + Nagel International AG, Hapag-Lloyd AG, DSV A/S, SAP SE, DB Schenker, C.H. Robinson Worldwide Inc., DP World, J.B. Hunt Transport Services Inc., Canadian Pacific Railway Limited, Schneider National Inc., Hub Group Inc., APM Terminals, XPO Logistics Inc., Swift Transportation Company, STG Logistics Inc., WiseTech Global Limited, Yusen Logistics Co. Ltd., Air Ground Xpress, CLX Logistics LLC, LOGISTEED Ltd.
North America was the largest region in the intermodal freight transportation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intermodal freight transportation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the intermodal freight transportation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Intermodal freight transportation involves moving goods using two or more different modes of transportation within a single journey, without the need to handle the cargo when switching between modes. This approach uses standardized containers to facilitate seamless transfers between various modes, improving efficiency, lowering costs, and reducing handling risks.
The primary types of intermodal freight transportation include railway transport, road transport, air transport, and sea transport. Railway transport involves the movement of goods and passengers using trains on tracks or railroads. The various components involved are software and services, with multiple transportation modes including rail, road, water, air, and others. The key verticals utilizing intermodal freight transportation encompass consumer and retail, oil and gas, industrial and manufacturing, energy and mining, food and beverages, aerospace and defense, construction, chemicals, pharmaceuticals and healthcare, among others.
The intermodal freight transportation market research report is one of a series of new reports that provides intermodal freight transportation market statistics, including intermodal freight transportation industry global market size, regional shares, competitors with an intermodal freight transportation market share, detailed intermodal freight transportation market segments, market trends, and opportunities, and any further data you may need to thrive in the intermodal freight transportation industry. This intermodal freight transportation 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 intermodal freight transportation market includes revenues earned by entities by providing services such as freight forwarding, container management, customs brokerage, cargo handling and intermodal terminal services and related cargo handling equipment, tracking devices, temperature-controlled units and safety and security systems. 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.
This product will be delivered within 3-5 business days.
The intermodal freight transportation market size has grown rapidly in recent years. It will grow from $51.18 billion in 2023 to $58.85 billion in 2024 at a compound annual growth rate (CAGR) of 15%. The growth in the historic period can be attributed to rising demand for quick delivery, expansion of free trade agreements, development of rail infrastructure, increase in industrial production, growth in logistics, and expansion of supply chain management services.
The intermodal freight transportation market size is expected to see rapid growth in the next few years. It will grow to $103.78 billion in 2028 at a compound annual growth rate (CAGR) of 15.2%. The growth in the forecast period can be attributed to the rise in global trade, increasing demand from e-commerce, accelerating urbanization, rising fuel costs, and a growing need for refrigerated transport. Major trends in the forecast period include technological advancements, integration of artificial intelligence (AI), real-time tracking, green logistics solutions, and the use of blockchain technology.
The growth of industrialization is anticipated to drive the expansion of the intermodal freight transportation market. Industrialization refers to the transformation of an economy from one primarily based on agriculture to one centered around manufacturing goods and services. The rise in industrialization is attributed to globalization, improvements in supply chain efficiency, diversification of market demands, and trade agreements. Intermodal freight transportation is vital to industrialization as it enhances the efficiency and effectiveness of logistics and supply chain systems. It supports global trade, infrastructure development, and economic growth, thus becoming a cornerstone of modern industrial economies. For example, in February 2023, Statistics Canada, a Canadian government agency, reported that the manufacturing sector in Canada experienced significant growth, with total sales rising by 17.9% to $850.9 billion in 2022. Consequently, the increasing pace of industrialization is fueling the growth of the intermodal freight transportation market.
Major players in the intermodal freight transportation market are focusing on advancing technologies, such as AI-based transport management solutions, to improve efficiency, optimize routes, and enhance overall supply chain performance. AI-based transport management solutions involve sophisticated systems that leverage artificial intelligence (AI) to optimize various facets of transportation management. For instance, in September 2023, 3SC Solutions, a Netherlands-based supply chain solutions provider, introduced iTMS (Intelligent Transport Management Solution). This system integrates cutting-edge AI and machine learning technologies to provide real-time route optimization, boosting efficiency and reducing operational costs. iTMS also features predictive analytics to foresee potential disruptions and adjust logistics strategies proactively. Its dynamic dashboard offers comprehensive visibility into all transportation activities, facilitating seamless coordination across multiple transport modes.
In January 2023, RoadOne Intermodal Logistics, a US-based logistics services provider, acquired Transporter Inc. for an undisclosed amount. This acquisition aims to expand RoadOne’s intermodal logistics capabilities, enhance its service offerings, and strengthen its market position by integrating Transporter Inc.'s expertise and assets into its operations. Transporter Inc., based in the US, specializes in intermodal freight transportation services.
Major companies operating in the intermodal freight transportation market are Deutsche Post DHL Group, FedEx Corporation, A.P. Moller-Maersk A/S, CMA CGM Group, Deutsche Bahn AG, Kuehne + Nagel International AG, Hapag-Lloyd AG, DSV A/S, SAP SE, DB Schenker, C.H. Robinson Worldwide Inc., DP World, J.B. Hunt Transport Services Inc., Canadian Pacific Railway Limited, Schneider National Inc., Hub Group Inc., APM Terminals, XPO Logistics Inc., Swift Transportation Company, STG Logistics Inc., WiseTech Global Limited, Yusen Logistics Co. Ltd., Air Ground Xpress, CLX Logistics LLC, LOGISTEED Ltd.
North America was the largest region in the intermodal freight transportation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intermodal freight transportation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the intermodal freight transportation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Intermodal freight transportation involves moving goods using two or more different modes of transportation within a single journey, without the need to handle the cargo when switching between modes. This approach uses standardized containers to facilitate seamless transfers between various modes, improving efficiency, lowering costs, and reducing handling risks.
The primary types of intermodal freight transportation include railway transport, road transport, air transport, and sea transport. Railway transport involves the movement of goods and passengers using trains on tracks or railroads. The various components involved are software and services, with multiple transportation modes including rail, road, water, air, and others. The key verticals utilizing intermodal freight transportation encompass consumer and retail, oil and gas, industrial and manufacturing, energy and mining, food and beverages, aerospace and defense, construction, chemicals, pharmaceuticals and healthcare, among others.
The intermodal freight transportation market research report is one of a series of new reports that provides intermodal freight transportation market statistics, including intermodal freight transportation industry global market size, regional shares, competitors with an intermodal freight transportation market share, detailed intermodal freight transportation market segments, market trends, and opportunities, and any further data you may need to thrive in the intermodal freight transportation industry. This intermodal freight transportation 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 intermodal freight transportation market includes revenues earned by entities by providing services such as freight forwarding, container management, customs brokerage, cargo handling and intermodal terminal services and related cargo handling equipment, tracking devices, temperature-controlled units and safety and security systems. 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Intermodal Freight Transportation Market Characteristics3. Intermodal Freight Transportation Market Trends and Strategies32. Global Intermodal Freight Transportation Market Competitive Benchmarking33. Global Intermodal Freight Transportation Market Competitive Dashboard34. Key Mergers and Acquisitions in The Intermodal Freight Transportation Market
4. Intermodal Freight Transportation Market - Macro Economic Scenario
5. Global Intermodal Freight Transportation Market Size and Growth
6. Intermodal Freight Transportation Market Segmentation
7. Intermodal Freight Transportation Market Regional and Country Analysis
8. Asia-Pacific Intermodal Freight Transportation Market
9. China Intermodal Freight Transportation Market
10. India Intermodal Freight Transportation Market
11. Japan Intermodal Freight Transportation Market
12. Australia Intermodal Freight Transportation Market
13. Indonesia Intermodal Freight Transportation Market
14. South Korea Intermodal Freight Transportation Market
15. Western Europe Intermodal Freight Transportation Market
16. UK Intermodal Freight Transportation Market
17. Germany Intermodal Freight Transportation Market
18. France Intermodal Freight Transportation Market
19. Italy Intermodal Freight Transportation Market
20. Spain Intermodal Freight Transportation Market
21. Eastern Europe Intermodal Freight Transportation Market
22. Russia Intermodal Freight Transportation Market
23. North America Intermodal Freight Transportation Market
24. USA Intermodal Freight Transportation Market
25. Canada Intermodal Freight Transportation Market
26. South America Intermodal Freight Transportation Market
27. Brazil Intermodal Freight Transportation Market
28. Middle East Intermodal Freight Transportation Market
29. Africa Intermodal Freight Transportation Market
30. Intermodal Freight Transportation Market Competitive Landscape and Company Profiles
31. Intermodal Freight Transportation Market Other Major and Innovative Companies
35. Intermodal Freight Transportation Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Intermodal Freight Transportation Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on intermodal freight transportation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for intermodal freight transportation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The intermodal freight transportation market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Railway Transport; Road Transport; Air And Sea Transport; Other Type2) By Component: Software; Service
3) By Modes: Rail Road; Road Water; Road Air; Other Modes
4) By Verticals: Consumer And Retail; Oil And Gas; Industrial And Manufacturing; Energy And Mining; Food And Beverages; Aerospace And Defense; Construction; Chemicals; Pharmaceuticals And Healthcare; Other Verticals
Key Companies Mentioned: Deutsche Post DHL Group; FedEx Corporation; A.P. Moller-Maersk A/S; CMA CGM Group; Deutsche Bahn AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies profiled in this Intermodal Freight Transportation market report include:- Deutsche Post DHL Group
- FedEx Corporation
- A.P. Moller-Maersk A/S
- CMA CGM Group
- Deutsche Bahn AG
- Kuehne + Nagel International AG
- Hapag-Lloyd AG
- DSV A/S
- SAP SE
- DB Schenker
- C.H. Robinson Worldwide Inc.
- DP World
- J.B. Hunt Transport Services Inc.
- Canadian Pacific Railway Limited
- Schneider National Inc.
- Hub Group Inc.
- APM Terminals
- XPO Logistics Inc.
- Swift Transportation Company
- STG Logistics Inc.
- WiseTech Global Limited
- Yusen Logistics Co. Ltd.
- Air Ground Xpress
- CLX Logistics LLC
- LOGISTEED Ltd.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | October 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 58.85 Billion |
Forecasted Market Value ( USD | $ 103.78 Billion |
Compound Annual Growth Rate | 15.2% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |