Saudi Arabia Freight And Logistics Market Size
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2023) | USD 23.83 Billion |
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Market Size (2029) | USD 32.88 Billion |
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Largest Share by Logistics Function | Freight Transport |
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CAGR (2023 - 2029) | 5.52 % |
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Fastest Growing by Logistics Function | Warehousing and Storage |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
Saudi Arabia Freight And Logistics Market Analysis
The Saudi Arabia Freight And Logistics Market size is estimated at 23.83 billion USD in 2023, and is expected to reach 32.88 billion USD by 2029, growing at a CAGR of 5.52% during the forecast period (2023-2029).
23.83 Billion
Market Size in 2023 (USD)
32.88 Billion
Market Size in 2029 (USD)
4.77 %
CAGR (2017-2022)
5.52 %
CAGR (2023-2029)
Fastest Growing Segment by Mode of Transport
6.96 %
Projected CAGR, Sea and Inland Waterways, 2023-2029
In 2022, the King Abdulaziz Port processed around 18k TEUs on a single vessel, the largest daily container capacity among Saudi ports.
Largest CEP Segment by Destination Type
66.03 %
value share, Domestic, 2022
The ecommerce sales reached USD 9 billion in 2022, led by fashion subsegment with 29.11% share and electronics with 28.78% share contributing to courier service demand.
Largest Segment by End User Industry
31.70 %
value share, Wholesale and Retail Trade, 2022
The ecommerce sector grew at 2.51% YoY in 2022, with personal and household sub-segment capturing 8.95% YoY growth and toys, hobby & DIY sub-segment having 7.69% YoY growth.
Largest Warehousing Segment by Temperature Control
91.60 %
value share, Non-Temperature Controlled, 2022
Wholesale and retail trade end-user segment have remained a major revenue contributor for warehousing since review period with a revenue contribution of 55% in 2022.
Fastest Growing Warehousing Segment by Temperature Control
9.28 %
Projected CAGR, Temperature Controlled, 2023-2029
Multi-mode logistics station being developed by Saudi Arabia government is another upcoming initiative to develop proper logistics tracks in GCC countries.
Rising investment in infrastructure projects leading to smooth transportation supply chain in the country
- Saudi Arabia is investing in a range of projects driven by ongoing technological advancements. These initiatives have objectives, including expanding housing options for lower-income groups, generating employment opportunities, and promoting economic diversification. To achieve these goals, Saudi Arabia has committed to investing around USD 1 trillion in the non-hydrocarbon sector by 2030. Top projects include the development of Neom, the Red Sea Project, Qiddiya Entertainment City, King Abdullah Financial District, and Amaala.
- Saudi Arabia is making significant investments in infrastructure, which are laying the groundwork for its future development. In addition to these large-scale projects, the country is also focusing on social and urban development initiatives, such as the Sakani housing program, and leveraging smart technology to drive progress. To improve mobility within the Kingdom, the government is expanding transportation infrastructure with projects like the Riyadh Metro and Riyadh Rapid Bus Transit System, totaling an investment of USD 22.5 billion.
- In order to facilitate the growth of Saudi Arabia's logistics industry, it is essential to concurrently advance its digital infrastructure by establishing high-capacity data centers for hyper-scale co-location. This emphasizes the importance of attracting foreign investments in the upcoming years. Additionally, the Kingdom intends to allocate a substantial amount of over USD 147 billion towards enhancing the transportation and logistics sector, with the ultimate goal of transforming the country into a prominent transportation hub.
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Saudi Arabia Freight And Logistics Market Trends
Saudi Arabia rolled out over USD 133 billion to boost the transport infrastructure of the economy
- The logistics industry in Saudi Arabia was valued at USD 18 billion as of 2022, and it is ranked as one of the most attractive emerging markets in the GCC. The revenue from the KSA logistics industry is expected to register a CAGR of 6.7% during the forecast period, in line with the government's strategy to develop the sector. In 2021, around USD 15 billion was invested in infrastructural and transportation projects across Saudi Arabia.
- In 2021, Saudi Arabia announced an ambitious plan to invest USD 147 billion in transport and logistics infrastructure over the next eight years to transform the country into a major global aviation hub. The government will provide around 35% of this investment, while the remaining funds will come from the private sector. The plan includes the launch of a new international airline, the expansion of airports, the development of a comprehensive train network, and the exploration of new technologies. These plans are part of a greater strategy to diversify the economy of the world's largest crude exporter. Saudi officials want to turn Riyadh's capital city into a global business to attract more foreign talent and 100 million tourists annually by 2030.
- The Saudi Arabian government has outlined plans to invest over SAR 500 billion (USD 133.15 billion) in infrastructure development, including ports, airports, and rail, by 2030. The investment will cover several projects, including the planned GCC railway, a USD 15.5 billion initiative to create a 2,172 km track network connecting all six GCC countries. The railway will play a crucial role in handling up to 29 million tons of the region's total of 61 million transported goods annually across all modes of transportation.
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Owing to supply concerns due to the Russia-Ukraine war, fuel prices have been increasing since 2021
- In August 2022, oil prices soared by more than USD 3 per barrel after Saudi Arabia floated the idea of OPEC+ output cuts to support prices and the prospect of a drop in crude inventories from the United States. After Russia's invasion of Ukraine exacerbated supply concerns, oil reached an all-time high of USD 147 in 2022. Prices have been weighed down by fears of a global recession, rising inflation, and weak demand. Although the cost of Brent crude oil price futures has dropped significantly since 2022, the market structure and price differentials in the physical oil market continue to point to supply tightness.
- Saudi Arabia has relied heavily on its vast oil reserves as a significant energy source and revenue source. However, the country has recognized the importance of diversifying its energy mix and incorporating renewable energy sources. Saudi Arabia is increasing domestic energy prices as part of its efforts to reduce consumption and meet emission reduction targets. In 2021, Saudi Arabia set an upper limit on domestic gasoline prices to mitigate the impact of rising living costs on citizens. Additionally, the country has set the ambitious target of achieving net-zero carbon emissions by 2060.
- In July 2022, Saudi Arabia, the world's largest oil exporter, set a cap on local gasoline prices to help alleviate rising living costs and boost the economy. Fuel prices were capped at SAR 2.18 (58.1 US cents) per liter for 91 octane grade and SAR 2.33 (62.0 US cents) per liter for the 95-octane variety. However, the government has been working to maintain domestic fuel prices in line with international levels, part of reforms aimed at easing the burden of subsidies on state finances, improving energy efficiency, and cutting consumption.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- The urbanization surge in Saudi Arabia is expected to increase e-commerce users to around 28 million by 2027
- Saudi Arabia to diversify the economy with growth of non-oil sectors and to become a neutral country by 2060
- The e-commerce sector in KSA grew by 2.51% YoY in 2022, led by fashion and electronics subsegments
- Saudi Arabia anticipates leading global hydrogen exports driven by its mission toward zero carbon emissions
- Shortage of truck drivers in 2022 and rising fuel prices impacting the trucking operational costs in KSA
- Saudi Arabia climbed 17 positions in the LPI ranking due to advancements in its transportation and logistics infrastructure
- Sea and inland waterways and air transportation shares are increasing owing to the National Transport and Logistics Strategy as part of Saudi Vision 2030
- Saudi Arabia is working toward enhancing port connectivity under the National Transport and Logistics Strategy (NTLS)
- Sea freight prices decreased in 2022 due to concrete economic initiatives and measures taken by Saudi Arabia
- Saudi Arabia ranked 34th in infrastructure in the World Competitiveness Report 2023 and invested over USD 1 trillion in infrastructure projects to reinforce Vision 2030
- Saudi Arabia invests over USD 51 billion for diversification from oil sector reliance
- WPI and CPI are increasing due to factors like increasing costs for transportable goods, decreasing unemployment, and rising household costs
- KSA aims to invest USD 1.3 trillion into the economy by 2030 to boost the manufacturing sector
- Saudi Arabia aims to localize nearly 85% of its agricultural imports by 2030
- The expansion of the construction and mining industries is boosting the demand for commercial vehicles in Saudi Arabia
- KSA aims to have 30% of all vehicles in Riyadh to be battery-powered by 2030
- Saudi Arabia is investing in enhancing its maritime port infrastructure and expanding container capacity during 2023-2030
- Saudi Arabia's enhanced port efficiency is evidenced by its top rank in the World Banks's Container Port Performance Index (CPPI)
- Transport and logistics investments coupled with National Transport and Logistics Strategy implementation expected to drive growth in tons across all modes of transport by 2030
Saudi Arabia Freight And Logistics Industry Overview
The Saudi Arabia Freight And Logistics Market is fragmented, with the top five companies occupying 17.29%. The major players in this market are Almajdouie Group, BAHRI, Redington Group, Saudi Logistics Services(SAL) and Wared Logistics (sorted alphabetically).
Saudi Arabia Freight And Logistics Market Leaders
Almajdouie Group
BAHRI
Redington Group
Saudi Logistics Services(SAL)
Wared Logistics
Other important companies include Abdul Latif Jameel, Al Jabri Logistics, Al Rashed Transport, Aldrees Petroleum and Transport Services Company, Arabco Logistics, Aramex, BAFCO International Shipping and Logistics, City Link Companies, Crescent Transportation Co. Ltd., DB Schenker, Deutsche Post DHL Group, DSV A/S (De Sammensluttede Vognmænd af Air and Sea), Flexigistic LLC, Four Winds, Glaube Logistics, Gulf Agency Company (GAC), Hala Supply Chain Services, Himmah Logistics, J&T Express, Kuehne + Nagel, LSC Warehousing and Logistics Company, Mohammed Said Tamer Logistic Services Co. Ltd., Mosanada Logistics Services, Motion Supply Chain, Nesma, NTF Group, Platinum Shipping, S.A. TALKE, Saudi Post, Saudi Transport & Investment Co. (Mubarrad), Shahini Group, SMSA Express Transportation Company Ltd., Takhzeen Logistics Company, Xenel, Zajil Express.
*Disclaimer: Major Players sorted in alphabetical order.
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Saudi Arabia Freight And Logistics Market News
- July 2023: Saudi SAL Company signed a memorandum of understanding with Sila Company, to develop Mahlam Logistics Zone in Saudi Arabia in order to improve its logistics operations across the major locations.
- June 2023: SAL Saudi Logistics Services and Microsoft Arabia have entered into a strategic agreement where Microsoft will support SAL’s digital logistics services leveraging AI technologies, advanced data analytics, and process automation.
- May 2023: Namma Cargo Services has partnered with CJ Logistics to bring the giant wellness products store, iHerb, to Saudi Arabia. The scope of work for this project covers receiving cargo at various ports, customs clearance, and delivery to the Riyadh distribution (fulfillment) center for storage, in addition to automated sorting and packing for the final delivery.
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We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 60+ free charts, the section covers difficult to find data on various regions pertaining to e-commerce industry trends, economic contribution of the transportation & storage sector, export and import trends, maritime connectivity Indices, port calls and performance among other key indicators.
Saudi Arabia Freight And Logistics Market Report - Table of Contents
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Demographics
2.2. GDP Distribution By Economic Activity
2.3. GDP Growth By Economic Activity
2.4. Inflation
2.5. Economic Performance And Profile
2.6. Transport And Storage Sector GDP
2.7. Export Trends
2.8. Import Trends
2.9. Fuel Price
2.10. Trucking Operational Costs
2.11. Trucking Fleet Size By Type
2.12. Logistics Performance
2.13. Major Truck Suppliers
2.14. Modal Share
2.15. Maritime Fleet Load Carrying Capacity
2.16. Liner Shipping Connectivity
2.17. Port Calls And Performance
2.18. Freight Pricing Trends
2.19. Freight Tonnage Trends
2.20. Infrastructure
2.21. Regulatory Framework (Road and Rail)
2.21.1. Saudi Arabia
2.22. Regulatory Framework (Sea and Air)
2.22.1. Saudi Arabia
2.23. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes 1. Market value in USD for all segments 2. Market volume for select segments viz. freight transport, CEP (courier, express, and parcel) and warehousing & storage 3.Forecasts up to 2029 and analysis of growth prospects)
3.1. End User Industry
3.1.1. Agriculture, Fishing and Forestry
3.1.2. Construction
3.1.3. Manufacturing
3.1.4. Oil and Gas, Mining and Quarrying
3.1.5. Wholesale and Retail Trade
3.1.6. Others
3.2. Logistics Function
3.2.1. Courier, Express and Parcel
3.2.1.1. By Destination Type
3.2.1.1.1. Domestic
3.2.1.1.2. International
3.2.2. Freight Forwarding
3.2.2.1. By Mode Of Transport
3.2.2.1.1. Air
3.2.2.1.2. Sea and Inland Waterways
3.2.2.1.3. Others
3.2.3. Freight Transport
3.2.3.1. By Mode Of Transport
3.2.3.1.1. Air
3.2.3.1.2. Pipelines
3.2.3.1.3. Rail
3.2.3.1.4. Road
3.2.3.1.5. Sea and Inland Waterways
3.2.4. Warehousing and Storage
3.2.4.1. By Temperature Control
3.2.4.1.1. Non-Temperature Controlled
3.2.4.1.2. Temperature Controlled
3.2.5. Other Services
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
4.4.1. Abdul Latif Jameel
4.4.2. Al Jabri Logistics
4.4.3. Al Rashed Transport
4.4.4. Aldrees Petroleum and Transport Services Company
4.4.5. Almajdouie Group
4.4.6. Arabco Logistics
4.4.7. Aramex
4.4.8. BAFCO International Shipping and Logistics
4.4.9. BAHRI
4.4.10. City Link Companies
4.4.11. Crescent Transportation Co. Ltd.
4.4.12. DB Schenker
4.4.13. Deutsche Post DHL Group
4.4.14. DSV A/S (De Sammensluttede Vognmænd af Air and Sea)
4.4.15. Flexigistic LLC
4.4.16. Four Winds
4.4.17. Glaube Logistics
4.4.18. Gulf Agency Company (GAC)
4.4.19. Hala Supply Chain Services
4.4.20. Himmah Logistics
4.4.21. J&T Express
4.4.22. Kuehne + Nagel
4.4.23. LSC Warehousing and Logistics Company
4.4.24. Mohammed Said Tamer Logistic Services Co. Ltd.
4.4.25. Mosanada Logistics Services
4.4.26. Motion Supply Chain
4.4.27. Nesma
4.4.28. NTF Group
4.4.29. Platinum Shipping
4.4.30. Redington Group
4.4.31. S.A. TALKE
4.4.32. Saudi Logistics Services(SAL)
4.4.33. Saudi Post
4.4.34. Saudi Transport & Investment Co. (Mubarrad)
4.4.35. Shahini Group
4.4.36. SMSA Express Transportation Company Ltd.
4.4.37. Takhzeen Logistics Company
4.4.38. Wared Logistics
4.4.39. Xenel
4.4.40. Zajil Express
5. KEY STRATEGIC QUESTIONS FOR FREIGHT AND LOGISTICS CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (Market Drivers, Restraints & Opportunities)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
6.7. Currency Exchange Rate
List of Tables & Figures
- Figure 1:
- POPULATION DISTRIBUTION BY GENDER, COUNT, SAUDI ARABIA, 2017 - 2029
- Figure 2:
- POPULATION DISTRIBUTION BY DEVELOPMENT AREA, COUNT, SAUDI ARABIA, 2017 - 2029
- Figure 3:
- POPULATION DENSITY, POPULATION/SQ. KM, SAUDI ARABIA, 2017 - 2029
- Figure 4:
- GROSS DOMESTIC PRODUCT (GDP) SHARE OF FINAL CONSUMPTION EXPENDITURE (IN CURRENT PRICES), SHARE % OF GDP, SAUDI ARABIA, 2017 - 2022
- Figure 5:
- FINAL CONSUMPTION EXPENDITURE, ANNUAL GROWTH (%), SAUDI ARABIA, 2017 - 2022
- Figure 6:
- POPULATION DISTRIBUTION BY MAJOR CITY, COUNT, SAUDI ARABIA, 2022
- Figure 7:
- DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, SAUDI ARABIA, 2022
- Figure 8:
- GROWTH OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, CAGR %, SAUDI ARABIA, 2017 – 2022
- Figure 9:
- WHOLESALE PRICE INFLATION RATE, %, SAUDI ARABIA, 2017 - 2022
- Figure 10:
- CONSUMER PRICE INFLATION RATE, %, SAUDI ARABIA, 2017 - 2022
- Figure 11:
- GROSS MERCHANDISE VALUE (GMV) OF E-COMMERCE INDUSTRY, USD, SAUDI ARABIA, 2017 - 2027
- Figure 12:
- SECTORAL SHARE IN E-COMMERCE INDUSTRY GROSS MERCHANDISE VALUE (GMV), SHARE %, SAUDI ARABIA, 2022
- Figure 13:
- GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY (IN CURRENT PRICES), USD, SAUDI ARABIA, 2017 - 2022
- Figure 14:
- SECTORAL SHARE IN GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY, SHARE %, SAUDI ARABIA, 2022
- Figure 15:
- VALUE OF TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), USD, SAUDI ARABIA, 2017 – 2022
- Figure 16:
- TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), SHARE % OF GDP, SAUDI ARABIA, 2017-2022
- Figure 17:
- VALUE OF EXPORTS, USD, SAUDI ARABIA, 2017 - 2022
- Figure 18:
- VALUE OF IMPORTS, USD, SAUDI ARABIA, 2017 - 2022
- Figure 19:
- FUEL PRICE BY TYPE OF FUEL, USD/LITRE, SAUDI ARABIA, 2017 - 2022
- Figure 20:
- OPERATIONAL COSTS OF TRUCKING - BREAKDOWN BY OPERATING COST ELEMENT, %, SAUDI ARABIA, 2022
- Figure 21:
- TRUCKING FLEET SIZE BY TYPE, SHARE %, SAUDI ARABIA, 2022
- Figure 22:
- RANK OF LOGISTICS PERFORMANCE, RANK, SAUDI ARABIA, 2010 - 2023
- Figure 23:
- MARKET SHARE OF MAJOR TRUCK SUPPLIER BRANDS, SHARE %, SAUDI ARABIA, 2022
- Figure 24:
- MODAL SHARE OF FREIGHT TRANSPORTATION SECTOR, SHARE % BY TON-KM, SAUDI ARABIA, 2022
- Figure 25:
- MODAL SHARE OF FREIGHT TRANSPORT SECTOR, SHARE % BY TONS, SAUDI ARABIA, 2022
- Figure 26:
- MARITIME FLEET LOAD CARRYING CAPACITY OF COUNTRY FLAGGED VESSELS, DEAD WEIGHT TONNAGE (DWT) BY SHIP TYPE, SAUDI ARABIA, 2017 - 2022
- Figure 27:
- LINER SHIPPING CONNECTIVITY INDEX, BASE=100 FOR Q1 2006, 2016 - 2022
- Figure 28:
- LINER SHIPPING BILATERAL CONNECTIVITY INDEX, SAUDI ARABIA, 2021
- Figure 29:
- PORT LINER SHIP CONNECTIVITY INDEX, BASE=100 FOR Q1 2006, SAUDI ARABIA, 2022
- Figure 30:
- MEDIAN TIME SPENT BY VESSELS WITHIN PORT LIMITS OF THE COUNTRY, DAYS, SAUDI ARABIA, 2018 - 2021
- Figure 31:
- AVERAGE AGE OF VESSELS THAT HAVE CALLED IN THE COUNTRY'S PORTS, YEARS, SAUDI ARABIA, 2018 - 2021
- Figure 32:
- AVERAGE GROSS TONNAGE OF VESSELS ENTERING THE COUNTRY'S PORTS, GROSS TONNAGE (GT), SAUDI ARABIA, 2018 - 2021
- Figure 33:
- AVERAGE CARGO CARRYING CAPACITY OF VESSELS THAT HAVE CALLED IN THE COUNTRY'S PORTS, DEAD WEIGHT TONNAGE (DWT) PER VESSEL, SAUDI ARABIA, 2018 - 2021
- Figure 34:
- AVERAGE CONTAINER CARRYING CAPACITY PER CONTAINER SHIP FOR VESSELS ENTERING THE PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), SAUDI ARABIA, 2018 - 2021
- Figure 35:
- CONTAINER PORT THROUGHPUT, TWENTY-FOOT EQUIVALENT UNITS (TEUS), SAUDI ARABIA, 2016 - 2020
- Figure 36:
- TOTAL NUMBER OF SHIP ARRIVALS IN THE COUNTRY'S PORTS, NUMBER OF PORT CALLS, SAUDI ARABIA, 2018 - 2021
- Figure 37:
- PRICING TREND OF ROAD FREIGHT TRANSPORT SERVICE, USD/TON-KM, SAUDI ARABIA, 2017 - 2022
- Figure 38:
- PRICING TREND OF RAIL FREIGHT TRANSPORT SERVICE, USD/TON-KM, SAUDI ARABIA, 2017 - 2022
- Figure 39:
- PRICING TREND OF AIR FREIGHT TRANSPORT SERVICE, USD/TON-KM, SAUDI ARABIA, 2017 - 2022
- Figure 40:
- PRICING TREND OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT SERVICE, USD/TON-KM, SAUDI ARABIA, 2017 - 2022
- Figure 41:
- PRICING TREND OF PIPELINES FREIGHT TRANSPORT SERVICE, USD/TON-KM, SAUDI ARABIA, 2017 - 2022
- Figure 42:
- FREIGHT HANDLED BY ROAD TRANSPORT, TONS, SAUDI ARABIA, 2017 - 2029
- Figure 43:
- FREIGHT HANDLED BY RAIL TRANSPORT, TONS, SAUDI ARABIA, 2017 - 2029
- Figure 44:
- FREIGHT HANDLED BY AIR TRANSPORT, TONS, SAUDI ARABIA, 2017 - 2029
- Figure 45:
- FREIGHT HANDLED BY SEA AND INLAND WATERWAYS TRANSPORT, TONS, SAUDI ARABIA, 2017 - 2029
- Figure 46:
- FREIGHT HANDLED BY PIPELINES TRANSPORT, TONS, SAUDI ARABIA, 2017 - 2029
- Figure 47:
- LENGTH OF ROADS, KM, SAUDI ARABIA, 2017 - 2022
- Figure 48:
- SHARE OF ROAD LENGTH BY SURFACE CATEGORY, %, SAUDI ARABIA, 2022
- Figure 49:
- SHARE OF ROAD LENGTH BY ROAD CLASSIFICATION, %, SAUDI ARABIA, 2022
- Figure 50:
- RAIL LENGTH, KM, SAUDI ARABIA, 2017 - 2022
- Figure 51:
- CONTAINERS HANDLED AT MAJOR PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), SAUDI ARABIA, 2022
- Figure 52:
- CARGO WEIGHT HANDLED AT MAJOR AIRPORTS, TONS, SAUDI ARABIA, 2022
- Figure 53:
- VALUE OF FREIGHT AND LOGISTICS MARKET, USD, SAUDI ARABIA, 2017 - 2029
- Figure 54:
- VALUE OF FREIGHT AND LOGISTICS MARKET BY END USER INDUSTRY, USD, SAUDI ARABIA, 2017 - 2029
- Figure 55:
- VALUE SHARE OF FREIGHT AND LOGISTICS MARKET BY END USER INDUSTRY, %, SAUDI ARABIA, 2017-2029
- Figure 56:
- VALUE OF AFF INDUSTRY (AGRICULTURE, FISHING AND FORESTRY) LOGISTICS MARKET, USD, SAUDI ARABIA, 2017-2029
- Figure 57:
- CAGR OF AFF INDUSTRY (AGRICULTURE, FISHING AND FORESTRY) LOGISTICS MARKET, %, SAUDI ARABIA, 2017-2029
- Figure 58:
- VALUE OF CONSTRUCTION LOGISTICS MARKET, USD, SAUDI ARABIA, 2017-2029
- Figure 59:
- CAGR OF CONSTRUCTION LOGISTICS MARKET, %, SAUDI ARABIA, 2017-2029
- Figure 60:
- VALUE OF MANUFACTURING LOGISTICS MARKET, USD, SAUDI ARABIA, 2017-2029
- Figure 61:
- CAGR OF MANUFACTURING LOGISTICS MARKET, %, SAUDI ARABIA, 2017-2029
- Figure 62:
- VALUE OF EXTRACTIVE INDUSTRY (OIL AND GAS, MINING AND QUARRYING) LOGISTICS MARKET, USD, SAUDI ARABIA, 2017-2029
- Figure 63:
- CAGR OF EXTRACTIVE INDUSTRY (OIL AND GAS, MINING AND QUARRYING) LOGISTICS MARKET, %, SAUDI ARABIA, 2017-2029
- Figure 64:
- VALUE OF DISTRIBUTIVE TRADE (WHOLESALE AND RETAIL TRADE) LOGISTICS MARKET, USD, SAUDI ARABIA, 2017-2029
- Figure 65:
- CAGR OF DISTRIBUTIVE TRADE (WHOLESALE AND RETAIL TRADE) LOGISTICS MARKET, %, SAUDI ARABIA, 2017-2029
- Figure 66:
- VALUE OF OTHER END USERS LOGISTICS MARKET, USD, SAUDI ARABIA, 2017-2029
- Figure 67:
- CAGR OF OTHER END USER LOGISTICS MARKET, %, SAUDI ARABIA, 2017-2029
- Figure 68:
- VALUE OF FREIGHT AND LOGISTICS MARKET BY LOGISTICS FUNCTION, USD, SAUDI ARABIA, 2017 - 2029
- Figure 69:
- VALUE SHARE OF FREIGHT AND LOGISTICS MARKET BY LOGISTICS FUNCTION, %, SAUDI ARABIA, 2017-2029
- Figure 70:
- VALUE OF COURIER, EXPRESS AND PARCEL MARKET BY DESTINATION TYPE, USD, SAUDI ARABIA, 2017-2029
- Figure 71:
- VALUE SHARE OF COURIER, EXPRESS AND PARCEL MARKET BY DESTINATION TYPE, %, SAUDI ARABIA, 2017-2029
- Figure 72:
- VALUE OF DOMESTIC COURIER, EXPRESS AND PARCEL MARKET, USD, SAUDI ARABIA, 2017-2029
- Figure 73:
- VOLUME OF DOMESTIC COURIER, EXPRESS AND PARCEL MARKET, NUMBER OF PARCELS, SAUDI ARABIA, 2017-2029
- Figure 74:
- VALUE SHARE OF DOMESTIC COURIER, EXPRESS AND PARCEL MARKET BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 V/S 2029
- Figure 75:
- VALUE OF INTERNATIONAL COURIER, EXPRESS AND PARCEL MARKET, USD, SAUDI ARABIA, 2017-2029
- Figure 76:
- VOLUME OF INTERNATIONAL COURIER, EXPRESS AND PARCEL MARKET, NUMBER OF PARCELS, SAUDI ARABIA, 2017-2029
- Figure 77:
- VALUE SHARE OF INTERNATIONAL COURIER, EXPRESS AND PARCEL MARKET BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 V/S 2029
- Figure 78:
- VALUE OF FREIGHT FORWARDING MARKET BY MODE OF TRANSPORT, USD, SAUDI ARABIA, 2017-2029
- Figure 79:
- VALUE SHARE OF FREIGHT FORWARDING MARKET BY MODE OF TRANSPORT, %, SAUDI ARABIA, 2017-2029
- Figure 80:
- VALUE OF AIR FREIGHT FORWARDING MARKET, USD, SAUDI ARABIA, 2017 - 2029
- Figure 81:
- VALUE SHARE OF AIR FREIGHT FORWARDING MARKET BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 V/S 2029
- Figure 82:
- VALUE OF SEA AND INLAND WATERWAYS FREIGHT FORWARDING MARKET, USD, SAUDI ARABIA, 2017 - 2029
- Figure 83:
- VALUE SHARE OF SEA AND INLAND WATERWAYS FREIGHT FORWARDING MARKET BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 V/S 2029
- Figure 84:
- VALUE OF OTHERS FREIGHT FORWARDING MARKET, USD, SAUDI ARABIA, 2017 - 2029
- Figure 85:
- VALUE SHARE OF FREIGHT FORWARDING MARKET'S OTHERS SEGMENT BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 V/S 2029
- Figure 86:
- VOLUME OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, USD, SAUDI ARABIA, 2017-2029
- Figure 87:
- VALUE OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, USD, SAUDI ARABIA, 2017-2029
- Figure 88:
- VALUE SHARE OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, %, SAUDI ARABIA, 2017-2029
- Figure 89:
- VALUE OF AIR FREIGHT TRANSPORT MARKET, USD, SAUDI ARABIA, 2017 - 2029
- Figure 90:
- VOLUME OF AIR FREIGHT TRANSPORT MARKET, TON-KM, SAUDI ARABIA, 2017 - 2029
- Figure 91:
- VALUE SHARE OF AIR FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 V/S 2029
- Figure 92:
- VALUE OF PIPELINES FREIGHT TRANSPORT MARKET, USD, SAUDI ARABIA, 2017 - 2029
- Figure 93:
- VOLUME OF PIPELINES FREIGHT TRANSPORT MARKET, TON-KM, SAUDI ARABIA, 2017 - 2029
- Figure 94:
- VALUE SHARE OF PIPELINES FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 V/S 2029
- Figure 95:
- VALUE OF RAIL FREIGHT TRANSPORT MARKET, USD, SAUDI ARABIA, 2017 - 2029
- Figure 96:
- VOLUME OF RAIL FREIGHT TRANSPORT MARKET, TON-KM, SAUDI ARABIA, 2017 - 2029
- Figure 97:
- VALUE SHARE OF RAIL FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 V/S 2029
- Figure 98:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET, USD, SAUDI ARABIA, 2017 - 2029
- Figure 99:
- VOLUME OF ROAD FREIGHT TRANSPORT MARKET, TON-KM, SAUDI ARABIA, 2017 - 2029
- Figure 100:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 V/S 2029
- Figure 101:
- VALUE OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET, USD, SAUDI ARABIA, 2017 - 2029
- Figure 102:
- VOLUME OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET, TON-KM, SAUDI ARABIA, 2017 - 2029
- Figure 103:
- VALUE SHARE OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 V/S 2029
- Figure 104:
- VALUE OF WAREHOUSING AND STORAGE MARKET BY TEMPERATURE CONTROL, USD, SAUDI ARABIA, 2017-2029
- Figure 105:
- VALUE SHARE OF WAREHOUSING AND STORAGE MARKET BY TEMPERATURE CONTROL, %, SAUDI ARABIA, 2017-2029
- Figure 106:
- VALUE OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, USD, SAUDI ARABIA, 2017 - 2029
- Figure 107:
- VOLUME OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, SQUARE FEET, SAUDI ARABIA, 2017 - 2029
- Figure 108:
- VALUE SHARE OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 V/S 2029
- Figure 109:
- VALUE OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, USD, SAUDI ARABIA, 2017 - 2029
- Figure 110:
- VOLUME OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, SQUARE FEET, SAUDI ARABIA, 2017 - 2029
- Figure 111:
- VALUE SHARE OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 V/S 2029
- Figure 112:
- VALUE OF OTHER SERVICES SEGMENT OF FREIGHT AND LOGISTICS MARKET, USD, SAUDI ARABIA, 2017 - 2029
- Figure 113:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, SAUDI ARABIA, 2017-2023
- Figure 114:
- MOST ADOPTED STRATEGIES, COUNT, SAUDI ARABIA, 2017 - 2023
- Figure 115:
- VALUE SHARE OF MAJOR PLAYERS, %, SAUDI ARABIA, 2022
Saudi Arabia Freight And Logistics Industry Segmentation
Agriculture, Fishing and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others are covered as segments by End User Industry. Courier, Express and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage are covered as segments by Logistics Function.
- Saudi Arabia is investing in a range of projects driven by ongoing technological advancements. These initiatives have objectives, including expanding housing options for lower-income groups, generating employment opportunities, and promoting economic diversification. To achieve these goals, Saudi Arabia has committed to investing around USD 1 trillion in the non-hydrocarbon sector by 2030. Top projects include the development of Neom, the Red Sea Project, Qiddiya Entertainment City, King Abdullah Financial District, and Amaala.
- Saudi Arabia is making significant investments in infrastructure, which are laying the groundwork for its future development. In addition to these large-scale projects, the country is also focusing on social and urban development initiatives, such as the Sakani housing program, and leveraging smart technology to drive progress. To improve mobility within the Kingdom, the government is expanding transportation infrastructure with projects like the Riyadh Metro and Riyadh Rapid Bus Transit System, totaling an investment of USD 22.5 billion.
- In order to facilitate the growth of Saudi Arabia's logistics industry, it is essential to concurrently advance its digital infrastructure by establishing high-capacity data centers for hyper-scale co-location. This emphasizes the importance of attracting foreign investments in the upcoming years. Additionally, the Kingdom intends to allocate a substantial amount of over USD 147 billion towards enhancing the transportation and logistics sector, with the ultimate goal of transforming the country into a prominent transportation hub.
| End User Industry | |
| Agriculture, Fishing and Forestry | |
| Construction | |
| Manufacturing | |
| Oil and Gas, Mining and Quarrying | |
| Wholesale and Retail Trade | |
| Others |
| Logistics Function | |||||||||
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| Other Services |
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Market Definition
- FREIGHT AND LOGISTICS - External expenditure on (or outsourced) facilitation of freight transport (freight transportation), arrangement of freight transport through an agent (freight forwarding), warehousing and storage (temperature controlled or non- temperature controlled), courier, express and parcel (domestic or international) and other value-added services for commodities (raw materials or finished goods including both solids and liquids) from the origin to a destination within the country (domestic) or cross-border (international) through one or more of the modes of transportation viz. road, rail, sea, air and pipeline constitutes freight and logistics market.
- CROSS TRADE - International freight transport between two different countries performed by a vehicle registered in a third country. A third country is a country other than the country of loading/embarkation and than the country of unloading/disembarkation.
- CABOTAGE - Freight transport by a vehicle registered in a country performed on the national territory of another country.
- END USER - Freight and Logistics market is analyzed based on the major end users viz. Oil & Gas, Mining & Quarrying, Construction, Manufacturing,Wholesale & Retail Trade, Agriculture, Fishing & Forestry among other end users
- COURIER, EXPRESS AND PARCEL - Non-palletized shipments/parcels which are under 70kg. These include standard, express as well as deferred shipments while postal mail is not considered.
- DOMESTIC FREIGHT TRANSPORT - Domestic Freight Transportation includes all the freight activity within the country comprising both inter-state and intra state fright flows
- INTERNATIONAL FREIGHT TRANSPORT - International freight transport refers to the cross-border transportation or flow of freight across international borders.
- FREIGHT TRANSPORT - Hiring a freight transport agency for transport of commodities (raw materials or manufactured goods including both solids and liquids) from the origin to a destination within the country (domestic) or cross-border (international) constitutes freight transport market. The service might be through any or combination of two or more modes of transport viz. Road, Rail, Air , Sea and Inland Waterways or Pipelines.
- FREIGHT FORWARDING - Establishments primarily engaged in arranging transportation of freight between shippers and carriers.
| Keyword | Definition |
|---|---|
| Demographics | To analyse the demand, population growth and forecasts have been studied and presented in this industry trend. It represents population distribution across categories like gender (male/female), development area (urban/rural), major cities, population density and final consumption expenditure (growth and share % of GDP). Fluctations in demand, consumption expenditure and the hotspots of demand in terms of major cities have been analysed, in this indistry trend. |
| GDP Distribution by Economic Activity | The Gross Domestic Product and the distribution of the same across major segments have been studied and presented in this industry trend. It represents the major sectors contributing toward GDP in the given geography. As GDP is positively related to the profit, the profits of the logistics sector has been analysed based on this variable. Also, the potential major contributors towards logistics demand have also been analysed alongside this by studying the input-output tables/ supply-use tables. |
| GDP Growth by Economic Activity | The Gross Domestic Product and the growth of the same across major segments have been studied and presented in this industry trend. It represents the major growing sectors in the given geography. Logistics demand is generated from all the other segments, and hence the potential growth in demand from various sectors has been analysed and presented, in this industry trend. |
| Inflation | Both Wholesale Price inflation (YoY change in producer price index) and consumer price inflation have been presented in this industry trend. Supply chain inflation directly impacts logistics and manufacturing costs, e.g., spending on raw materials, energy and goods transport. In an inflationary environment, the supply chain might not run smoothly. Hence, the infaltionary evironment and the impact of same has been presented, in this industry trend. |
| Trends in E-Commerce Industry | Online shoppers require fast and efficient delivery of their orders. This has led to an increase in the demand for logistics services especially a boom in fulfilment service provders. Hence, the historial and projected growth in e-commerce industry has been analysed and presented. Also, a breakup of the major e-commerce sectors by GMV has been presented for the base year, in this industry trend. |
| Trends in Manufacturing Industry | Manufacturing involves the transformation of raw materials into finished products, while logistics ensures the efficient flow of the raw materials from extraction point to the factory and the transport of manufactured products from the production floor to the end consumer. Both elements are critical for a seamless supply chain. Hence, growth of manufacturing industry over the review period has been analysed and presented. Also, a breakup of the major manufacturing sectors by GVA has been presented for the base year, in this industry trend. |
| Transport and Storage Sector GDP | Transport and Storage Sector GDP has direct relation to the market of freight and logistics market. Hence, this variable has been studied and presented over the review period, in value terms (USD) and as share % of total GDP. |
| Export Trends and Import Trends | Research reported across the sources has proven that the overall logistics performance is positively and statistically significantly correlated with exports and imports of the country. Hence, trade has been studied over the review period and presented. As part of this study, major commodities/ commodity groups exported-imported and the major export-import partners have been analysed alongside impact of major related investments, in this industry trend. |
| Fuel Price | Fuel price spikes can cause delays and diruption for freight management organizations, while price drops can result in higher short-term profitability and increased market rivalry to offer consumers with the best deals. Hence, the fuel price variations have been stidied over the review period and presented. |
| Trucking Operational Costs | One of the prime reasones for measuring logistics performance is to reduce operating costs. On the other hand, measuring operating costs helps to identify whether and where to make operational changes to control expenses and identify areas for improved assets. Hence, tucking operational costs and the variables involved viz. driver wages & benefits, fuel, repairs & maintenance, tyres etc have been studied over the review period and presented for the base year, in this industry trend. |
| Trucking Fleet Size By Type | The distribution of truck parc volume by type of truck has been presented in this industry trend. |
| Logistics Performance | Research reported across the sources has indiacted that logistics performance is positively impacted by supply chain management strategy and that both logistics performance and supply chain management strategy positively impact marketing performance, which in turn positively impacts financial performance. Hence, the logistics performance of the country/ set of countries defined in scope has been analysed and presented for the review period, in this industry trend. |
| Major Truck Suppliers | The distribution of truck sales volume by truck brand has been presented in this industry trend for the base year. |
| Modal Share | This industry trend represents the pie share for each mode of transport in terms of tonnage handled as well as freight volume i.e. tonkm |
| Maritime Fleet Load Carrying Capacity | This industry trend represents the maritime fleet load carrying capacity for the geography, over the review period. Capacity by type of ship viz. container ships, oil tankers, bulk carriers, general cargo among other ships is presented. |
| Liner Shipping Connectivity | This industry trend analyses the state of connectivity of the country under consideration to the global shipping networks based on the status of their maritime transport sector. It includes the analysis of liner shipping connectivity, bilateral shipping connectivity, and port liner shipping connectivity indices. |
| Port Calls and Performance | The performance of ports is key to any country's freight movement and connectivity. Hence, the port perfomance paramters like median time spent by vessels in the ports; average age, size, cargo carrying capcity, container carrying capacity, of vessels entering the ports, port calls, and container port throughput have been analysed and presented int his industry trend. |
| Freight Pricing Trends | Freight pricing by mode of transport, over the review period, has been present in this industry trend. |
| Freight Tonnage Trends | Freight tonnage handled by mode of transport, over the review period, has been present in this industry trend. |
| Infrastructure | As infrastructure playes a vital role in any country's logistics performance, variables like length of roads, rail length, containers handled by major ports and tonnage handled by major airports have been analysed and presented in this industry trend. |
| Port Throughput | It reflects the amount of cargo or number of vessels the port handles over time. It can be represented in terms of (1) cargo tonnage, (2) container TEU, and (3) vessel calls |
| Producer Price Inflation | Inflation from the viewpoint of the producers; the average selling price they receive for their output over a period of time. |
| Liner Shipping Connectivity Index | It indicates how well countries are connected to global shipping networks based on the status of their maritime transport sector. |
| Liner Shipping Bilateral Connectivity Index | It indicates a country pair's integration level into global liner shipping networks |
| Port Liner Shipping Connectivity Index | It reflects a port's position in the global liner shipping network. A higher value is associated with better connectivity. |
| Consumer Price Inflation | Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. |
| Final Consumption Expenditure | Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data provided is in current USD. |
| OTHER TERMINOLOGY USED | |
| Axle Load | The axle load of a wheeled vehicle is the total weight bearing on the roadway for all wheels connected to a given axle. |
| Back Haul | Backhaul is the return movement of a transport vehicle from its original destination to its original point of departure. |
| Bill of Lading | A bill of lading is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried. |
| Bunkering | Bunkering is the process of supplying fuel and/or gasoil to be used to power the propulsion system of a ship (such fuel is referred to as bunker). It includes the logistics of loading and distributing the fuel among available shipboard tanks. A person dealing in trade of bunker (fuel) is called a bunker trader. |
| Bunkering Service | Bunkering service is the supply of a requested quality and quantity of bunkers to a ship. |
| C-commerce | C-commerce (Collaborative commerce) describes electronically enabled business interactions among an enterprise’s internal personnel, business partners and customers throughout a trading community. The trading community could be an industry, industry segment, supply chain or supply chain segment. |
| Cabotage | Transport by a vehicle registered in a country performed on the national territory of another country. |
| Cartage Agent | A ground transportation service that provides pickup and delivery of freight in locations not served directly by an air or ocean carrier. |
| Contract logistics | Contract logistics refers to the outsourcing of resource management tasks by one company to a third-party company specializing in logistical matters, such as transportation, warehousing, and order fulfillment. |
| Courier | A business that is used to send messages, packages, etc. Courier service refers to the fast or quick, door to door pickup and delivery service for goods or documents. It can be local or international. A company that provides such delivery services is called a courier company. A courier company hires people to provide their services. Such a person hired by the courier service company is called a courier. |
| Cross docking | Cross docking is a practice in logistics management that includes unloading incoming delivery vehicles and loading the materials directly into outbound delivery vehicles, omitting traditional warehouse logistical practices and saving time and money. |
| Cross Trade | International transport between two different countries performed by a vehicle registered in a third country. A third country is a country other than the country of loading/embarkation and than the country of unloading/disembarkation. |
| Customs Clearance | The procedures involved in getting cargo released by Customs through designated formalities such as presenting import license/permit, payment of import duties and other required documentations by the nature of the cargo such as FCC or FDA approval. |
| Customs seal | Customs seal means a seal, stamp or any other preventive means affixed by customs officials to ensure the inviolability of goods, commercial means of transport or warehouses. |
| Dangerous Goods | Dangerous goods (or hazardous materials or HAZMAT) include flammable liquids/solids, gases, compressed, liquified, dissolved under pressure, corrosives, oxidising substances, explosive substances and articles, substances, which on contact with water, emit flammable gasses, organic peroxides, toxic substances, infectious substances, radioactive materials, miscellaneous dangerous goods and articles. |
| Direct Shipment | Direct shipment is a method of delivering goods from the supplier or the product owner to the customer directly. In most cases, the customer orders the goods from the product owner. This delivery scheme reduces transportation and storage costs, but requires additional planning and administration. |
| Drayage | A drayage is a form of trucking service that connects the different modes of shipping (intermodal), such as ocean freight or air freight. It’s a short-haul trip that transports goods from one place to another, usually before or after its long-haul shipping process. Drayage trucks move cargo to and from various destinations, such as container ships, storage lots, order fulfillment warehouses, and rail yards. Typically, drayage only transports goods in short distances and operates only in one metropolitan area. It also requires only one trucker in a single shift. |
| Dry Docking | Dry docking is a term used for repairs or when a ship is taken to the service yard. During dry docking, the whole ship is brought to a dry land so that the submerged portions of the hull can be cleaned or inspected. |
| Dry van | A dry van is a type of semi-trailer that's fully enclosed to protect shipments from outside elements. Designed to carry palletized, boxed or loose freight, dry vans aren't temperature-controlled (unlike refrigerated “reefer” units) and can't carry oversized shipments (unlike flatbed trailers). |
| Feedering | Transport service whereby loaded or empty containers in a regional are transferred to a “mother ship” for a long-haul ocean voyage. |
| Final Demand | Final demand includes all types of commodities (goods as well as services) consumed as final use and might include personal consumption, or consumption by government, by businesses as capital investment, and as exports. includes all types of commodities (goods as well as services) consumed as final use and might include personal consumption, or consumption by government, by businesses as capital investment, and as exports. |
| First mile Delivery | First mile delivery refers to the first stage of the transportation. This is when the parcel leaves the seller’s warehouse and is taken by the courier pick up agent to process it or take it to the warehouse. Once the package reaches the post office or the courier’s hub, it is then sorted and transported further until it reaches the customer’s doorstep. |
| Fiscal storage services | It means a facility, clearly separated from other premises, where the excise goods are produced, processed, held, received or dispatched under a duty suspension arrangement by an authorized depositor, in the course of his business, under conditions laid down by the customs authorities. |
| Flat Bed | It has a back body that is flatly shaped for easy loading and unloading of goods. The flatbed truck is mostly used to transport heavy, oversized, wide and indelicate goods. |
| Flatbed Truck | A flatbed truck is a type of truck with rigid design. It has a back body that is flatly shaped for easy loading and unloading of goods. The flatbed truck is mostly used to transport heavy, oversized, wide and indelicate goods such as machinery, building supplies or equipment. Due to the truck open body, the goods transported with it must not be vulnerable to rain. By functionality, the flatbed truck is comparable to a flatbed trailer. |
| Freight Transit Time | Transit time is how long it takes for a shipment to be delivered to its final destination after being picked up from a designated pick up point. |
| Halal Logistics | It refers to the process of managing the logistics operations such as fleet management, storage/warehousing, and materials handling according to the principles of Shariah law in ensuring the integrity of the halal products at the point of consumption. |
| Haulage | The commercial transport of goods. |
| Inbound Logistics | Inbound logistics is the way materials and other goods are brought into a company. This process includes the steps to order, receive, store, transport and manage incoming supplies. Inbound logistics focuses on the supply part of the supply-demand equation. |
| Intermediate Demand | Intermediate demand includes goods, services, and maintenance and repair construction sold to businesses, excluding capital investment. |
| International Loaded | Place of loading of goods in reporting country (i.e., country in which the vehicle performing the transport is registered) and place of unloading in a different country. |
| International Unloaded | Place of unloading of goods in reporting country (i.e., country in which the vehicle performing the transport is registered) and place of loading in a different country. |
| Last Mile Delivery | Last mile delivery refers to the very last step of the delivery process when a parcel is moved from a transportation hub to its final destination—which, usually, is a personal residence or retail store. |
| Less than-Truck-Load (LTL) | Less-than-truckload, also known as less-than-load (LTL), is a shipping service for relatively small loads or quantities of freight. An LTL provider combines the loads and shipping requirements of several different companies on their trucks, using a hub-and-spoke system to get goods to their destinations. |
| Locomotives Haluage | The transport of coal, ore, workers, and materials underground by means of locomotive-hauled mine cars. The locomotive may be powered by battery, diesel, compressed air, trolley, or some combination such as battery-trolley or trolley-cable reel. |
| Milkrun | A Milk Run is a delivery method used to transport mixed loads from various suppliers to one customer. Instead of each supplier sending a truck every week to meet the needs of one customer, one truck (or vehicle) visits the suppliers to pick up the loads for that customer. This method of transport got its name from the dairy industry practice, where one tanker used to collect milk from several dairy farms for delivery to a milk processing company. |
| Multi country consolidation | Multi-Country Consolidation (MCC) is a cost-effective solution that consolidates ones cargo from different countries of origin to build Full Container Loads (FCL). MCC is most suitable for companies that import light volumes of goods from multiple countries but want to take advantage of the more economic FCL freight rates. |
| Multi-Modal Logistics | Multimodal transportation or multimodal shipping refers to logistics and freight processes that require multiple modes of transportation. |
| Omni Channel Logistics | Omnichannel distribution is a multichannel approach taken by companies to give customers a way to purchase and receive orders from several sales channels with one-touch seamless integration. Some of the ways include- 1. Buy online, then pick-up at the brick and mortar store; 2. Buy online, then have it delivered to the home or another location; 3.In store purchase, with the delivery either to the home or another location; 4. Drop ship from a warehouse or manufacturing center to store, home or other location; 5.Buy online, then return at store or online; 6. Buy online, then return online. |
| OOG cargo | Out of Gauge (OOG) cargo is any cargo that can not be loaded into six-sided shipping containers simply because it is too large. The term is a very loose classification of all cargo with dimensions beyond the maximum 40HC container dimensions. That is a length beyond 12.05 meters – a width beyond 2.33 meters – or a height beyond 2.59 meters. |
| Other ships | Other ships include: Liquefied petroleum gas carriers, liquefied natural gas carriers, parcel (chemical) tankers, specialized tankers, reefers, offshore supply vessels, tugboats, dredgers, cruise, ferries, other non-cargo ships |
| Other Specialised Cargo | Other specialised goods include pre-slung goods (Goods, one or more items, supplied with a sling or slings), mobile units (Mobile Self Propelled Units, Non Self Propelled Units, unrolled vehicles), oversized equipment load (light and heavy machinery that is often too big or too heavy), high value freight that needs extra protection like electronics, financial services road freight. |
| Outsourced Freight Transport | Transport for hire or reward; The carriage for remuneration of goods. |
| Pallets | Raised platform, intended to facilitate the lifting and stacking of goods. |
| Part load | A part load describes goods which only fills a truck partially. In essence, the quantity of the shipment is bigger than the Less Than Truckload (LTL) shipment. Also, the shipment cannot fully occupy a truck i.e. its capacity is much lower than a Full Truckload (FTL) shipment. |
| Paved Road | Road surfaced with crushed stone (macadam) with hydrocarbon binder or bituminized agents, with concrete or with cobblestone. |
| Q-commerce | Q-commerce, also referred to as quick commerce, is a type of e-commerce where emphasis is on quick deliveries, typically in less than an hour. |
| Quay | A stone or metal platform lying alongside or projecting into water for loading and unloading ships. |
| Recommerce | Recommerce is the selling of previously owned items through online marketplaces to buyers who reuse, recycle or resell them. |
| ReverseLogistics | Reverse logistics is a type of supply chain management that moves goods from customers back to the sellers or manufacturers. |
| Road Freight Transport Service | Hiring a trucking agency for transport of commodities (raw materials or manufactured goods including both solids and liquids) form the origin to a destination within the country (domestic) or cross-border (international) constitutes road freight transport market. The service might be Full-Truck-Load or Less than-Truck-Load, containerized or non-containerized, temperature controlled or non temperature controlled, short haul or long haul. |
| Roll-on/roll-off cargo | Roll-on/roll-off (RORO or ro-ro) ships are cargo ships designed to carry wheeled cargo, such as cars, motorcycles, trucks, semi-trailer trucks, buses, trailers, and railroad cars, that are driven on and off the ship on their own wheels or using a platform vehicle, such as a self-propelled modular transporter. |
| Swap bodies | A swap body, swop body, exchangeable container or interchangeable unit, is one of the types of standard freight containers for road and rail transport. |
| Tank Barge | A non-self-propelled vessel constructed or adapted primarily to carry liquid, solid or gaseous commodities or cargos in bulk in cargo spaces (or tanks) through rivers and inland waterways, and may occasionally carry commodities or cargos through oceans and seas when in transit from one inland waterway to another. The commodities or cargos transported are in direct contact with the tank interior. |
| Tautliner vehicle | Tautliner and curtainsider are used as generic names for curtain sided trucks/trailers. The curtains are permanently fixed to a runner at the top and detachable rails/poles at front and rear, allowing the curtains to be drawn open and forklifts used all along the sides for easy and efficient loading and unloading. When closed for travel, vertical load restraint straps are attached to a rope rail beneath the truck bed, connecting the truck bed and curtain along both sides. Winches at either end of the curtain tension it, hence the 'Tautliner' name. This stops the curtain from flapping or drumming in the wind and can also help retain light loads from slipping sideways. |
| Transloading | Transloading is a shipping term that refers to the transfer of goods from one mode of transportation to another en route to their ultimate destination. |
| Tsubo | A Japanese unit of area equal to 35.58 square feet. |
| Unpaved Road | Road with a stabilized base not surfaced with crushed stone, hydrocarbon binder or bituminized agents, concrete or cobblestone. |
| Vessel Husbandry Services | It includes ship maintenance, repairs, cleaning, upkeep of the hull and rigging and equipment. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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