Value-added Services Offered by Vendors Fuelling Growth in the Local Specialized Freight Trucking Market in the US

Reportstack has announced a new market research report on the Local Specialized Freight Trucking Market in the US 2015-2019, which is expected to post a CAGR of 4.12 percent during the forecast period of 2014-2019.

Transportation of freight such as bulk liquids, dry bulk materials, forest products, refrigerated goods, automobiles, and heavy equipment has increased, which has propelled the growth of the market. The growing Manufacturing and e-Commerce sectors have also added to the growth of the market.

“Currently, vendors in the market are focusing on providing different types of value-added logistics services such as the assortment and grading of products, packaging, MIS services in the logistics supply chain, and other legal formalities necessary in the process,”.

To access full report with TOC, please visit  Local Specialized Freight Trucking Market in the US 2015-2019.

There are few players in the market that provide one-stop solutions. Shippers prefer to choose freight service providers that provide one-stop solutions and avoid the tediousness associated with outsourcing different tasks to different vendors.”

Key Market Drivers

Outsourcing of Logistics Services
Developed Logistics Infrastructure
Economic Growth
Growing Demand from Construction Industry

Key Market Trends

Cost Reduction
Value-added Services Offered by Vendors
Increase in M&A

Key Market Vendors

American Rail Center Logistics
CEVA Logistics (Americas)
DHL Express
FedEx Corporation
United Parcel Service Inc.

To define the market circumstances 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.

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