What is Logistics Management Services Market?
Logistics management services includes Freight management, cross docking, reverse logistics, freight collaboration, logistics triangulation, market research and benchmarking and others. Logistics management helps to meet the customer demand by planning, controlling and storage of effective movement. In addition, it plays an essential role in customer satisfaction. Moreover, logistics management reduces the company expenses and improve customer service.
Highlights from Logistics Management Services Market Study
|Unit||Value (USD Million)|
|Key Companies Profiled||Kenco (United States), Blujay solution (United States), CLX Logistics (United States), Calibre (Australia), Medallion (United States), ATS Logistics (India), Penske (United States), AWGI LLC (United States), Logistics & Technology Services (United States) and DM Transportation (United States)|
The market of logistics management services is highly competitive due to various factors such as rising trade agreements. The key players are focusing on cost reduction, enhanced customer experience. Also, the players are adopting unique competitive strategy to gain competitive advantage. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Logistics Management Services market throughout the forecasted period. Kenco (United States), Blujay solution (United States), CLX Logistics (United States), Calibre (Australia), Medallion (United States), ATS Logistics (India), Penske (United States), AWGI LLC (United States), Logistics & Technology Services (United States) and DM Transportation (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Management Services (United States), US Pack (United States), ReTrans (United States), SCHC (United States) and G&D Integrated (United States).
Logistics Management Services Market Segmentation:
|Type||Freight management, Cross docking, Reverse logistics, Freight collaboration, Logistics triangulation and Others|
|Freight forwarding mode||Air,Ocean,Cross Border|
|End Users||Automotive,Manufacturing,Pharmaceutical,Machinery,Food and Beverage|
On the basis of geography, the market of Logistics Management Services has been segmented into 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Omni Channel Shipping is Being Adopted in Logistics Industry
Market Growth Drivers:
Rising trade activities in developing economies. Increasing trade agreements and advancements in logistics infrastructure and information technology is driving the market growth. Moreover, the developments in transportation sector is contributing to rising trade activities.
High Inventory Costs and Low Warehouse Space
Strict Government Regulations on Trade
Growing E Commerce Industry is Boosting the Growth
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations