Global Multimodal Transport Market: Introduction

Multimodal transport is a conjunction of two or more than two modes of transport services that are used to transport goods and freight from one place to another. Multimodal transport is also referred to as combined transport, as it uses several modes of transport in combination such as rail, land, water, and air to transport the product from source to destination. Multimodal transport also uses one transport bill of lading for its services and operation and optimizes lead times, reduces inventory costs, and regulates freight level costs.

Global Multimodal Transport Market: Competitive Landscape

  • In 2018, C.H. Robinson entered into a five-year contract with Austal, an Australia-based Shipbuilding company, for expert freight forwarding and customs clearance services in order to fulfill Austal’s logistics and supply chain needs

DB SCHENKER

DB SCHENKER was founded in 1872. It’s presently headquartered in Essen, Germany. It is a leading global player in the field of logistics. It providers logistics, which support trade and industry in the exchange of goods via land, air, and water transport, contract logistics, and supply chain management. The company has global presence through more than 2,000 locations and owns 750 warehouses across the globe.

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KUEHNE + NAGEL

Established in 1890, KUEHNE + NAGEL is presently based in Schindellegi, Feusisberg, Switzerland. KUEHNE + NAGEL is major global company that provides logistics services to diverse sectors including aerospace, FMCG, industrials, automotive, high tech, oil & gas logistics, retail, and pharma & healthcare. The company deals with value-added segment with IT-based integrated logistics solutions. KUEHNE + NAGEL operates with through 1300 offices located across 100 countries worldwide.

GEODIS

Founded in 2008, GEODIS is presently headquartered in Levallois-Perret, France. GEODIS is a leading global player operating in the field of transport and logistics. It has major presence in Europe. The company is a part of SNFC Logistics, a business line of SNFC Group. GEODIS has presence in 120 countries, globally 

Global Multimodal Transport Market: Dynamics

Rise proportion of trade across the global drives multimodal transport market

Global trade has been expanding significantly for the last few years, thereby boosting and transforming the global economy completely. Presently, on a global scale, approximately 1/4th of total global production is exported. Moreover, budding bilateral trade and revised trade policies and customs between countries around the world have led to an increase in trade volume and proportion, which is a major contributor to economic growth across the world. High volume of international trade has been witnessed in countries such as China, the U.S., those in the European Union, Japan, South Korea, India, Saudi Arabia, and those in ASEAN. This has fueled the demand for multimodal transport.

The transition and evolution of global transportation is primarily due to expansion of manufacturing and agriculture industries, which in turn fuels the demand for multimodal transport to carry goods and material from one place to another. These factors are primarily projected to propel the multimodal transport market in the near future.

Rise of e-commerce

E-commerce plays very key role in offering freight customers new options to boost their economic growth. Internet-based retailing and online shopping is witnessing significant expansion in majority of countries across the globe, owing to an increase in speedy internet access, which has led to rising preference toward e-tailing among consumers. Significant expansion of online shopping around the world and hassle-free shopping has led to a boom in demand for door-to-door transport services in order to fulfill shipment requirements, which in turn is anticipated to propel the multimodal transport market during the forecast period.

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Global Multimodal Transport Market: Segmentation

Based on solution, the global multimodal transport market can be split into:

  • Supply Chain
  • Cargo
  • Carriage
  • Truck Load
  • Courier Service
  • Shipping 

Based on transportation mode, the global multimodal transport market can be classified into:

  • Rail-Road
  • Road-water
  • Road-air
  • Others

Based on end-user, the global multimodal transport market can be divided into:

  • Oil& Gas
  • Manufacturing
  • Others

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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