DUBLIN--(BUSINESS WIRE)--The "Global Less-than-truckload (LTL) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
Global Less-Than-Truckload (LTL) Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from operations of carriers such as long-haul, superregional, and regional carriers.
Less-than-truckload (LTL) is a transportation service that is used for shipping relatively small loads of freight. LTL shipments contain lesser quantity in comparison to full truckload (FTL). To reduce the cost to the shipper, an LTL carrier will consolidate several LTL shipments on the same truck.
The emergence of big data will be a key trend for the market growth. LTL logistics companies and shippers are implementing big data to convert massive quantities of data into competitive advantages. Big data provides real-time analytics and aids in the end-to-end visibility of the supply chain.
According to the report, the advances of e-commerce in retail sector will drive the market growth. Improving economic conditions and growing manufacturing sector are driving the demand for LTL shipments. The rapidly growing e-commerce is extensively driving the growth of the logistics industry, due to the growing need for efficient inventory management and quick delivery.
Further, the report states that the pricing of LTL carriers will impact the market growth. Factors such as rising costs, high demands, surging e-commerce deliveries, shortage of qualified drivers, tightening TL capacity, and increased government regulations, are increasing the prices of LTL. Also, the high cost of the expenses impacts the revenues.
- Deutsche Post
- KUEHNE + NAGEL
- United Parcel Service of America
- XPO Logistics
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Carrier Type
Part 08: Market Segmentation By Volume
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/x2khxf/global?w=4