Dallas, Texas (PRWEB) October 02, 2014
An increase in mergers and acquisitions will enable companies to expand their customer base and product and service portfolio. Also, freight service providers are increasingly offering value-added services that could boost the demand for freight services during the forecast period.
Analysts forecast the Domestic Freight market in the US to grow at a CAGR of 4.23 percent over the period 2013-2018. According to the report, one of the main drivers of the Domestic Freight market in the US is the developed logistics infrastructure. Market growth is driven by developed roads and highways that provide smooth movement of freight, which reduces the transportation time.
Freight is a service or method for the transportation of cargo and goods from one location to another through different modes such as road, air, water, and pipeline. It is also defined as the cost incurred on that transportation. Domestic freight, as the name implies, is the movement of cargo or goods within the domestic boundary of a country. Freight service providers are specialized in handling different logistics functions such as transportation, warehousing, and air freight and forwarding. Often, freight service providers go beyond logistics and provide value-added services such as inventory management, cross-docking, door-to-door delivery, and packaging. They also provide strategic and operational value to many shippers worldwide. Currently, domestic freight service providers are improving logistics by introducing innovative supply chain management.
Covered in this Report
This report covers the present scenario and the growth prospects of the Domestic Freight market in the US for the period 2014-2018. To calculate the market size, the report considers the revenue generated by freight service providers and the volume of freight transported through different modes of transportation. The Domestic Freight market in the US can be segmented on the basis of type of freight transported and the mode of freight transportation.
The Domestic Freight Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the Domestic Freight market in the US and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Order a copy of this report at (Prices start at US $ 2500 for a single user PDF) http://www.reportsnreports.com/purchase.aspx?name=298329.
The report recognizes the following companies as the key players in the Domestic Freight Market in the US: C.H. Robinson Worldwide Inc., Deutsche Post DHL, United Parcel Service Inc. and UTi Worldwide Inc.
Other Prominent Vendors in the market are: AIT Worldwide Logistics, American Logistics International, Amerijet International, APL Logistics, Associated Global Systems, BDP International, BGI Worldwide Logistics, BK Logistic Solutions, CEVA Logistics, Champion Logistics Group, Clutch Global, CMS Domestic Freight Forwarding, Cole International, Con-way, Craters and Freighters, DB Schenker Logistics, Dura Logistics, Estes Express Lines, Expeditors International, FedEx Supply Chain, Freight-Moving.com, Gateway Logistics Group, Global Shipping Company, Hub Group, J.B. Hunt, Mainfreight, Menlo Worldwide Logistics, Neovia Logistics Services, NFI, Panalpina, Roadrunner Transportation Systems, Ryder, Samuel Shapiro, SBA Global Logistics Services, Schneider Logistics, Torizon, U.S. Messenger & Logistics, Werner Enterprises Dedicated and Logistics and XPO Logistics.