DUBLIN--(BUSINESS WIRE)--The "Lao PDR Freight & Logistics Market Study - Market Trends, Analysis & Forecasts to 2023" report has been added to ResearchAndMarkets.com's offering.
The Laos freight & logistics market is expected to reach a market value of USD 695 million by 2023.
Lao PDR has a small freight forwarding industry. The national association has around 24 members, including international companies. Most firms provide both clearing and forwarding services. Lao International Freight Forwarders Association (LIFFA) and Lao National Chamber of Commerce and Industry (LNCCI) are the major associations in the country responsible for the growth of the logistics and trade freight industry.
The key responsibilities of these associations are - to negotiate the traffic rights in road transport, simplify the border procedure to facilitate trade flow, and develop the multimodal transportation system in the country.
In terms of time and reliability, the trade corridors linking Lao PDR with Thai seaports and airports perform well. Transit times between Laem Chabang and Vientiane, Savannakhet, and Pakse are predictable, and trucks can complete one-way trip in a day (travel time is typically 12 hours). Typical clearance times at the border are less than one hour for exports and about two hours for imports. The only significant delays occur when vehicles arrive after the border crossing points are closed.
- DB Schenker
- Yusen Logistics
- Kerry Logistics
- Lao Freight Forwarder
Key Topics Covered:
2. Market Overview
3. Market Dynamics
4. Lao PDR Freight & logistics Market Insights, by Mode of Freight Transport Forecast (2014 - 2023)
5. Lao PDR Freight & Logistics Market Insights, by Function Forecast (2014 - 2023)
6. Lao PDR Freight & Logistics Market Insights, by End User Forecast (2014 - 2023)
7. Key Company Players
8. Investment Outlook
For more information about this report visit https://www.researchandmarkets.com/research/qmpq7f/lao_pdr_freight?w=4