Rising Investment for Developing Infrastructure Supporting the Market Growth Albeit with Driver Shortage and Emission Regulation: Ken Research

Development Projects: 2017 saw the initiation of the TEN-T infrastructure policy with the goal of connecting the major hubs of Europe through 9 Core Networks. The project involves a revamp or additions to transport infrastructure in all modes of transportation. The project is estimated to cost and overall of EUR 556 billion.

Increasing Driver Shortage: The unattractiveness of trucking as a profession that has a rising retirement rate is one of the major challenges in the freight forwarding industry. The International Road Transport Union estimates the difference between demand and supply to be around 39% in 2019. The shortage has led to a rise in road freight prices.

Emergence of Trucking Aggregators: Trucking aggregators are on a rise in the freight forwarding industry in Europe. The trucking aggregators attempt to capture a share in the highly fragmented trucking industry with an aim to digitize the market space and induce transparency in pricing.

Cabotage: Cabotage is seen as a problem for the domestic trucking freight market as cheaper, foreign truckers often enter domestic markets to capture the market. The EU has brought in a new law to address the issue of cabotage. The new law changes rule from three cabotage operations in seven days to unlimited cabotage operations within five days.

Platooning: DB Schenker partnered with MAN to test out the platooning technology in real traffic scenarios in Germany. Platooning is a system of automated truck convoying which allows automated trucks to follow a lead truck. This reduces fuel costs and optimizes the route planning.

Sustainable Logistics: Europe is committed to achieving its goals set in the Paris Agreement and therefore countries are looking for more eco-friendly means of transportation. Companies are experimenting with electric trucks and looking to shift their operations from road freight to the more eco-friendly rail transport. Companies are looking to decrease their carbon footprint by reducing the paperwork and digitizing their operations.

Analysts at Ken Research in their latest publication “Europe Freight Forwarding Market Outlook to 2025 – By Country (Austria, Belgium, Germany, Netherlands, Poland, Sweden, and Others) and By Mode of Transportation (Road, Sea, Air, Rail, and Inland Waterways)” believe that the freight forwarding industry in Europe is at a growing stage. Keeping the commitment towards the environment in mind, countries should focus on the modal shift from road to rail and inland waterway which would facilitate both intra-Europe and extra-Europe trade and thus contribute to the growth of the freight forwarding market.

Key Segments Covered:-

By Mode of Transportation

Road

Rail

Sea

Air

Inland Waterways

By Country (Revenues and Freight Volume)

Germany

Spain

France

UK

Italy

Netherlands

Poland

Romania

Belgium

Norway

Greece

Austria

Sweden

Czech Republic

Hungary

Bulgaria

Denmark

Finland

Portugal

Slovenia

Slovakia

Lithuania

Ireland

Estonia

Latvia

Luxembourg

Croatia

Cyprus

Malta

Country Profile

By Mode of Transportation

Road

Rail

Sea

Air

Inland Waterways

By Road

International

Domestic Transportation

By Rail

International

Domestic Transportation

By Sea

International

Domestic Transportation

By Air

International

Domestic Transportation

By Inland Waterways

International

Domestic Transportation

Companies Covered

Europe

DHL

Kuehne + Nagel

DB Schenker

DACHSER

GEODIS

CEVA Logistics

DSV

Hellmann Logistics

Rhenus Logistics

CEVA Logistics

Austria

JCL Logistics

DACHSER

CEVA Logistics

Augustin Quehenberger

Lagermax

DSV

Belgium

Ziegler

Manuport

DHL

CEVA Logistics

Yusen Logistics

DACHSER

Hamann International

UPS

  1. Essers

Kuehne + Nagel

GEFCO

Cargo-partner

Germany

Kuehne + Nagel

DACHSER

GEODIS

Koch International

Netherlands

CEVA Logistics

DACHSER

GEODIS

Broekman Logistics

Poland

Gruba Rupen

DB Schenker

Lotos Kolej

Rohlig SUUS

JASFBG

DSV

Sweden

DACHSER

DSV

Country Profiles

Austria

Belgium

Germany

Netherlands

Poland

Sweden

Key Target Audience

Freight Forwarding Companies

Freight Forwarding Consultancy Companies

Contract Logistics Companies

Venture Capitalists

Freight Tech Companies

Consulting Companies

Investment Banks

Time Period Captured in the Report

Historical Period – 2013-2019P

Forecast Period – 2019P-2025F

Key Topics Covered in the Report:-

Europe Freight Forwarding Market Segmentation

Europe Freight Forwarding Market Size

Europe Freight Forwarding Market Share

Europe Freight Forwarding Market Growth Rate

Europe Road, Sea, Air Freight Market Volume

Europe Road Freight Logistics Cost

Europe Sea Freight Logistics Cost

Inland Waterways Market Europe

Austria Logistics Market

Austria Freight Forwarding Industry

Austria Road Freight Market Revenue

Inland Waterways Market Austria

Europe Domestic Transportation Market

Germany Freight Forwarding Market

Inland Waterways Market Germany

For More Information On The Research Report, Refer To Below Link:-

Europe Freight Forwarding Market Outlook

Related Reports by Ken Research:-

Luxembourg Logistics (Air, Sea, Road, Rail Freight (International – Import and Export, Domestic), Warehousing (Industrial/ Retail, Container Freight, Cold Storage, Others), Value Added Services, 3PL, Courier Express and Parcel, Cold Chain, Express Delivery and E-Commerce Logistics) Market Outlook to 2023

Belgium Freight Forwarding Market Outlook to 2025 by Mode of Freight (Road, Sea, Air), by Cargo Volume (Sea Freight, Air Freight, Road Freight), by International Flow Corridors (Europe, Asia, NAFTA, Middle East, Africa and Others) and by Domestic and International Freight

Portugal Logistics and Warehousing Market Outlook to 2024 – By Land (Road, Rail, Pipeline), Sea, Air Freight Forwarding (Domestic and International Freight), Courier and Parcel, Warehousing, Cold Transport and Storage, Third Party/ Contract Logistics (3PL) and E-Commerce Logistics

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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