Drayage Services Market - An Emerging Hint of Opportunity
Drayage Services Market Competitive Landscape and Trend Analysis Report by Drayage Type : Global Opportunity Analysis and Industry Forecast, 2023-2032
NEW CASTLE, DELAWARE, UNITED STATES, November 6, 2023 /EINPresswire.com/ -- Drayage services refers to a specialty logistics service that carries freight over a short distance in the shipping and logistics industries. It is a specialized field in supply chain that involves pulling of containers in & out of ports, harbours, and warehouses. Drayage is the process of moving shipping containers and cargos from one point to another via ship, rail, or trucking drayage. Moreover, it is an essential part of intermodal shipping process. Intermodal shipping refers to moving freight by two or more modes of transportation. By loading cargo into intermodal containers, shipments can move seamlessly between trucks, trains, and cargo ships. It is a minor step in the intermodal freight shipping process, but a freight can only make its way from one mode to the next if the drayage service is prompt and reliable. Thus, drayage plays an important role as an intermediary between the cargo transportation for getting manufacturer or distributerโs products into the hands of the consumers.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/request-toc-and-sample/14855
๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
Due to COVID-19 pandemic government across major countries have announced lockdown leading to business shutdown. The shipping companies have been severely affected due to lockdown since, there were inter-state travel restrictions in various countries. This delayed the deliveries leading to huge losses for the companies. Moreover, drayage services act as an intermediary and was affected the most since, the ships were not allowed to enter ports so, the cargoes could not be collected. Furthermore, the deliveries were also not possible since various states were not allowing the trucks to enter. In addition, there were unavailability of labour due to social distancing norms to work at the warehouses to collect the deliveries. Also, the e-commerce industries had halted their services taking only orders for essential goods which reduced the demand for drayage services. Drayage services are an evolving sector in shipping industry which has a slight setback due to the pandemic which is expected to recover post pandemic and drive growth of drayage services market.
๐๐จ๐ฉ ๐๐ฆ๐ฉ๐๐๐ญ๐ข๐ง๐ ๐
๐๐๐ญ๐จ๐ซ๐ฌ
Rise in e-commerce industry, rise in amount of cargo transportation, and rise in demand for safety & security of cargo is expected to drive growth of the market.
However, transportation delays and lack of skilled workforce to do the job properly & quickly can hamper growth of the market.
Moreover, rise in advance fleet management system, improvement of technology, and rise in urbanization can act as an opportunity for growth of the market.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/drayage-services-market/purchase-options
๐๐ข๐ฌ๐ ๐ข๐ง ๐-๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Rise in e-commerce industry has significantly contributed towards the rise in demand for drayage services. Since, with the rise in disposable income consumers are purchasing more and more goods from e-commerce websites which increasing the demand for shipping of goods. For instance, according to the available estimates global e-commerce sales jumped to $26.7 trillion in 2019 which is up by 4% from 2018. Moreover, in 2020 retail e-commerce sales worldwide amounted to around $4.29 trillion and it is expected to grow even further at a faster pace in the coming years. Since, a wide variety of goods are available online and demand for fast delivery has increased the demand for better and efficient drayage services. Furthermore, e-commerce industry depends on drayage services of the shipment industry to work smoothly. Thus, rise in e-commerce industry is expected to drive growth of drayage services market.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
This study presents the analytical depiction of the drayage services market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with challenges of the drayage services market.
The current market is quantitatively analyzed to highlight the drayage services market growth scenario.
The report provides detailed drayage services market analysis based on competitive intensity and how the competition will take shape in coming years.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/14855
๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐๐ฒ๐๐ ๐ ๐ฌ๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
Which are the leading market players active in the drayage services market?
What would be the detailed impact of COVID-19 on the market?
What current trends would influence the market in the next few years?
What are the driving factors, restraints, and opportunities in drayage services market?
What are the projections for the future that would help in taking further strategic steps?
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
J.B. Hunt Transport Services Inc., Boa Logistics LLC, Evans Delivery Co. Inc, PLS Logistics, Schneider National Inc., Hub Group Inc, ITS Technologies & Logistics LLC, RoadOne IntermodaLogistics Inc, XPO Logistics Inc.,, Knight-Swift Transportation Holdings Inc
PURCHASE OPTIONS
๐๐ซ๐๐ฒ๐๐ ๐ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
๐๐ฒ ๐๐ซ๐๐ฒ๐๐ ๐ ๐๐ฒ๐ฉ๐
Expedited
Inter-Carrier
Intra-Carrier
Pier, Shuttle
Door-to-Door
๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ญ๐ข๐จ๐ง
Ship
Rail
Truck
By End User
Electronics & Electrical
Food & Beverage
Consumer Goods & Retail
Others
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง
North America
Europe
Asia-Pacific
LAMEA
David Correa
Allied Analytics LLP
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