Market Highlights: Container freight transport refers to a physical process of transporting goods from one place to other. If one purchases goods from a foreign country, any one of the modes of transportation will be used such as rail, ship truck and others to transport the good. The containers come in various sizes as 20 foot, 40 foot, 45 foot, 48 foot, and 53 foot. Usually, the goods which need to be transported are stored in the massive warehouse known as a container freight station. Container freight transport is less expensive due to its standardization and as it moves the same amount of breakbulk freight in the container. The market study is being classified by Type (Small Containers (less-than or equal to20 Feet), Large Containers (20-40 Feet) and High Cube Containers (40 Feet)), by Application (Industrial, Agriculture, Retail, Mining, Beverage & Food, Chemistry, Automobile and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Container Freight Transport are APL Logistics Americas (United States), CSX Transportation (United States), Norfolk Southern Railway (United States), BNSF Railway (United States), MSC Industrial Direct (United States), Maersk (Denmark), Hapag-Lloyd AG (Germany), Yusen Logistics Co., Ltd. (Japan), Swiss Federal Railways (Switzerland), Union Pacific Railroad (United States), Canadian National Railway (Canada), Kuehne + Nagel (Switzerland), Hanjin Group (South Korea), Hyundai Merchant Marine (South Korea) and Kerry Logistics (Hong Kong).
The Channel, such as Direct Sales, is boosting the Container Freight Transport market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights In August 2018, Kuehne + Nagel acquires Ecuador-based Panatlantic Logistics S.A., the operations were carried out in a temperature controlled warehouse at Quito airport. and In June 2018, CMA CGM to acquire Containerships, was an intra-European short sea specialist with a strong presence in the Baltic market, Russia, Northern Europe, North Africa and Turkey.
Key Questions Answered in the Report What will the Container Freight Transport Market size and the growth rate be in Future? What are the key factors driving the Container Freight Transport Market? What are the key market trends and macro-economic impacting the growth of the Container Freight Transport Market? What are the challenges to market growth? Who are the key vendors in the Container Freight Transport Market? What are the market opportunities and threats faced by the vendors in the Container Freight Transport Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Container Freight Transport Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Container Freight Transport market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Container Freight Transport market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Container Freight Transport Manufacturers, Container Freight Transport Distributors/Traders/Wholesalers, Container Freight Transport Subcomponent Manufacturers, Industry Association, Downstream Vendors and Other. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.