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Surge in Technological Investments Fuelling Growth in the Logistics and Transportation Market in the US

Reportstack has announced a new market research report on the Logistics and Transportation Market in the US 2014-2018. One of the significant emerging trends in this market is an increase in demand for intermodal rail transportation, which is helping vendors transfer more goods at affordable costs. The increase in demand for intermodal rail services, as compared to road transportation, is mainly because it reduces fuel cost and helps to overcome major challenges, such as regulatory issues and driver shortage issues. The Logistics and Transportation market is expected to grow at a CAGR of 4.59 percent in the period 2014-2018.

“With the increase in online e-retailers and adoption of omni-channel by vendors, companies are adopting new technologies to make goods available to their customers at the promised times,”.

“Use of technologies, such as warehouse management software, automated material handling equipment, warehouse control software and other evolving technologies, helps warehouse providers keep a check on their inventories and provide efficient storage solutions for perishable goods, and temperature sensitive food products.”

To define the market conditions in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

Complete report available @ Logistics and Transportation Market in the US 2014-2018.