{"product_id":"global-multimodal-transportation-market-size-study-forecast-by-solutions-supply-chain-cargo-carriage-truck-load-courier-service-and-shipping-by-transportation-railroad-road-water-road-air-and-others-and-regional-analysis-2022-2029","title":"Global Multimodal Transportation Market Size study \u0026 Forecast, by Solutions (Supply Chain, Cargo, Carriage, Truck Load, Courier Service, and Shipping), by Transportation (Railroad, Road-Water, Road-Air, and Others) and Regional Analysis, 2022-2029","description":"\u003cp\u003eGlobal Multimodal Transportation Market Size study \u0026amp; Forecast, by Solutions (Supply Chain, Cargo, Carriage, Truck Load, Courier Service, and Shipping), by Transportation (Railroad, Road-Water, Road-Air, and Others) and Regional Analysis, 2022-2029\u003c\/p\u003e\n\n\u003cp\u003eGlobal Multimodal Transportation Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Multimodal Transportation also known as multimodal shipping refers to the logistics and transportation process that requires multiple modes of transportation to increase efficiency of the overall transportation process. Moreover, a combination of transportation modes is used such as trucks, railways, and ships. These services are maintained and handled by a single carrier called a multimodal transport operator or provider. In addition, multimodal transport uses one transport bill of lading for its services and operation thus, optimizes lead times, and reduces inventory costs. The increasing expansion of cross border e-commerce sector and growing investment from government authorities as well as strategic initiatives from leading market players are key factors accelerating the market growth.\u003c\/p\u003e\n\n\u003cp\u003eThe increasing expansion of cross-border e-commerce trade is contributing to the growth of the Global Multimodal Transport Market. For instance, according to Statista - In 2019, the cross-border online shopping sector was valued at USD 579 billion, and the market is projected to grow to USD 2.25 trillion by 2026. Moreover, in October 2021 the ministry of ports, shipping and waterways announced the formation of a Special Purpose Vehicle (SPV) for development of a Multimodal Logistics Park (MMLP) at VOC Port in Chennai, India. The MMLP would be developed through Public Private Partnership. Also, increase in international trade in cross-border trade coupled with rapid urbanization in developing regions would create a lucrative growth prospectus for the market over the forecast period. However, cumbersome paperwork, transportation delay and delay caused by lack of coordination associated with Multimodal Transportation stifle market growth throughout the forecast period of 2022-2029.\u003c\/p\u003e\n\n\u003cp\u003eThe key regions considered for the Global Multimodal Transportation Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading logistics and transportation service providers and increasing growth of international trade in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising growth of the logistics and transportation sector and increasing government investment in multimodal transportation and logistics hubs in the region.\u003c\/p\u003e\n\n\u003cp\u003eMajor market players included in this report are:\u003cbr\u003e\nBDP International\u003cbr\u003e\nCH Robinson Worldwide Inc\u003cbr\u003e\n Crowley Maritime Corporation\u003cbr\u003e\n Deutsche Post DHL Group\u003cbr\u003e\n Kuehne + Nagel International AG\u003cbr\u003e\n MARUBENI LOGISTICS Corporation\u003cbr\u003e\n Mitsubishi Logistics Corporation\u003cbr\u003e\nSchenker AG\u003cbr\u003e\n YUSEN LOGISTICS Co Ltd.\u003cbr\u003e\n Transport Maritime et Transit USA Inc.\u003c\/p\u003e\n\n\u003cp\u003eRecent Developments in the Market:\u003cbr\u003e\n? In June 2021, USA based Radiant Logistics, Inc., a third-party logistics and multi-modal transportation services company, acquired Navegate, Inc, a Minnesota based, privately held company that offers digital platforms to manage international, cross-border, and domestic freight. The transaction was valued at USD 35 million.\u003c\/p\u003e\n\n\u003cp\u003eGlobal Multimodal Transportation Market Report Scope:\u003cbr\u003e\nHistorical Data 2019-2020-2021\u003cbr\u003e\nBase Year for Estimation 2021\u003cbr\u003e\nForecast period 2022-2029\u003cbr\u003e\nReport Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends\u003cbr\u003e\nSegments Covered Solutions, Transportation, Region\u003cbr\u003e\nRegional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World\u003cbr\u003e\nCustomization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional \u0026amp; segment scope*\u003c\/p\u003e\n\n\u003cp\u003eThe objective of the study is to define market sizes of different segments \u0026amp; countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.\u003c\/p\u003e\n\n\u003cp\u003eThe report also caters detailed information about the crucial aspects such as driving factors \u0026amp; challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:\u003c\/p\u003e\n\n\u003cp\u003eBy Solutions\u003cbr\u003e\nSupply Chain\u003cbr\u003e\n Cargo\u003cbr\u003e\n Carriage\u003cbr\u003e\n Truck Load\u003cbr\u003e\n Courier Service\u003cbr\u003e\n Shipping\u003c\/p\u003e\n\n\u003cp\u003eBy Transportation\u003cbr\u003e\nRailroad\u003cbr\u003e\n Road-Water\u003cbr\u003e\nRoad-Air\u003cbr\u003e\nOthers\u003c\/p\u003e\n\n\u003cp\u003eBy Region:\u003cbr\u003e\nNorth America\u003cbr\u003e\nU.S.\u003cbr\u003e\nCanada\u003cbr\u003e\nEurope\u003cbr\u003e\nUK\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nSpain\u003cbr\u003e\nItaly\u003cbr\u003e\nROE\u003cbr\u003e\nAsia Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nIndia\u003cbr\u003e\nJapan\u003cbr\u003e\nAustralia\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nRoAPAC\u003cbr\u003e\nLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003cbr\u003e\nRoLA\u003cbr\u003e\nRest of the World\u003c\/p\u003e\n\n\u003cp\u003eCompanies Mentioned\u003c\/p\u003e\n\n\u003cp\u003eBDP International\u003cbr\u003e\nCH Robinson Worldwide Inc\u003cbr\u003e\n Crowley Maritime Corporation\u003cbr\u003e\n Deutsche Post DHL Group\u003cbr\u003e\n Kuehne + Nagel International AG\u003cbr\u003e\n MARUBENI LOGISTICS Corporation\u003cbr\u003e\n Mitsubishi Logistics Corporation\u003cbr\u003e\nSchenker AG\u003cbr\u003e\n YUSEN LOGISTICS Co Ltd.\u003cbr\u003e\n Transport Maritime et Transit USA Inc.\u003c\/p\u003e\n\n\u003cp\u003ePlease note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.\u003c\/p\u003e","brand":"Technology \u0026 Media","offers":[{"title":"January, 2023 \/ 200 Pages \/ MCW16287265","offer_id":47715258138930,"sku":null,"price":5940.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-multimodal-transportation-market-size-study-forecast-by-solutions-supply-chain-cargo-carriage-truck-load-courier-service-and-shipping-by-transportation-railroad-road-water-road-air-and-others-and-regional-analysis-2022-2029","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}