𝗙𝘂𝘁𝘂𝗿𝗲 𝗢𝗳 𝗟𝗼𝗴𝗶𝘀𝘁𝗶𝗰𝘀 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 – 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝗣𝗱𝗳 𝗚𝘂𝗶𝗱𝗲

𝗙𝘂𝘁𝘂𝗿𝗲 𝗢𝗳 𝗟𝗼𝗴𝗶𝘀𝘁𝗶𝗰𝘀 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 – 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝗣𝗱𝗳 𝗚𝘂𝗶𝗱𝗲

The Logistics Services Industry was valued at US$ 1,122.6 Bn in 2018 and is projected to reach US$ 2,029.4 Bn by 2027; it is expected to grow at a CAGR of 6.9% from 2019 to 2027. The growing emphasis towards achieving improved operational efficiencies coupled with the rise in popularity of outsourcing logistics operations and selected supply chain process for reducing the operational costs has gained significant traction across various industries.

𝗚𝗲𝘁 𝗣𝗗𝗙 𝗖𝗼𝗽𝘆: https://www.theinsightpartners.com/sample/TIPTE100001284/

Moreover, the emergence of third-party logistics and fourth party logistics provider has further boosted the demand for logistics service providers globally. Currently, some of the primary services rendered by the leading logistics provider include freight forwarding, freight management, consulting, route optimization, network analysis, project management, inventory & storage management, and supply chain consultancy among others.

Top Key Players:
CEVA Logistics
C.H. Robinson Worldwide, Inc.
A.P. MOLLER – MAERSK
Nippon Express
FedEx

Logistics Services Market Segmentation:
By Mode of Transportation
Roadways
Railways
Waterways
Airways

By Logistics Provider
First & Second Party Logistics
Third Party Logistics
Fourth Party Logistics
Fifth Party Logistics

By Organization Size
Small & Medium Enterprise
Large Enterprise