Dallas, Texas (PRWEB) November 05, 2014
The demand for intermodal rail a transportation service is one of the major trends in the market. As a result of the low fuel costs and fewer regulations, many vendors are shifting to rail transportation.
Analysts forecast the Global Food Logistics market to grow at a CAGR of 8.87 percent over the period 2013-2018. According to the report, an increase in tie-ups with e-commerce retailers is one of the main drivers in this market. This helps retailers serve customers beyond their geographical boundaries. The growth of the E-commence market depends on support from the Logistics and Transportation industry as it plays an important role in providing warehousing infrastructure and making goods and services available to customers from manufacturing facilities.
The report recognizes the following companies as the key players in the Global Food Logistics Market: AmeriCold Logistics, C.H. Robinson Worldwide Inc., DB Schenker Rail Deutschland AG and Schneider National Inc.
Other Prominent Vendors in the market are: Allen Lund, Alliance Shippers, A.N. Deringer, APL Logistics, Bender Group, CaseStack, CT Logistics, Distribution Technology, DSC Logistics, Echo Global Logistics, Evans Distribution Systems, H & M Bay, Hellmann Perishable Logistics, Henningsen Cold Storage, J.B. Hunt, JTS (Johanson Transportation Service), Kenco Logistics Services, LeSaint Logistics, Lynden Transport, Mallory Alexander, Matson Logistics, ODW Logistics, Odyssey Logistics & Technology, Penske Logistics, Pilot Freight Services, Port Jersey Logistics, R2 Logistics, RMX Global Logistics, Ryder System, Star Distribution Systems, Total Quality Logistics, Transportation Solutions Enterprises, Trinity Logistics, United States Cold Storage, U.S. Xpress Enterprises and VersaCold Logistics Services.
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Further, the report states that varying transportation costs in different geographies is one of the major barriers for the food logistics providers. As a result, these providers are facing difficulties in transporting large and bulky goods to various destinations.
The Logistics market in the E-commerce Retail industry is expected to witness significant growth because of an increase in internet penetration and change in consumer behavior, which are expected to have a positive outlook on the market during the forecast period. Because of the increase in competition and increase in the rate of internet penetration among consumers, global retail logistics vendors are looking for opportunities to increase their market presence by differentiating their services from their competitors. This in turn has prompted vendors to spend more on transportation and logistics activities in order to provide superior services and highly customized products that can effectively meet the specific requirements of customers.
Analysts forecast the Global Retail Logistics market to grow at a CAGR of 7.36 percent over the period 2013-2018. According to the report, one of the main drivers in the Global Retail Logistics market is an increase in tie-ups with E-commerce retailers, which is likely to help retailers serve customers beyond their geographical boundaries. Logistics and transportation are an important element for the e-commerce market as logistics vendors provide warehousing infrastructure and make the goods available to customers from manufacturing to final consumption.
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The report recognizes the following companies as the key players in the Global Retail Logistics Market: FedEx Corp., Kuehne + Nagel International AG, Schneider National Inc. and United Parcel Service Inc. (UPS)
Other Prominent Vendors in the market are: APL Logistics, BAX Global, Caterpillar Logistics, C.H. Robinson Worldwide, DHL Danzas Air & Ocean, Eagle Global Logistics, Exel plc, Menlo Worldwide, Maersk Logistics, NYK Logistics, Nippon Express, Panalpina, Penske Logistics, P&O Nedlloyd, Ryder, SembCorp Logistics, TNT Logistics, UTi Worldwide and Wilson Logistics Group.
Further, the report states that lack of capacity is a major barrier for retail logistics companies to transport large and bulky goods. There are stringent compliance requirements plus high taxation rates for bulk transportation of goods. This difficulty, in increased capacity, acts as a major barrier for logistics and transportation companies to transport their products to end-users in different countries.
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