South America Freight And Logistics Market Size
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2023) | USD 171.78 Billion |
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Market Size (2029) | USD 223.02 Billion |
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Largest Share by Logistics Function | Freight Transport |
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CAGR (2023 - 2029) | 4.45 % |
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Largest Share by Country | Brazil |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
South America Freight And Logistics Market Analysis
The South America Freight And Logistics Market size is estimated at 171.78 billion USD in 2023, and is expected to reach 223.02 billion USD by 2029, growing at a CAGR of 4.45% during the forecast period (2023-2029).
171.78 Billion
Market Size in 2023 (USD)
223.02 Billion
Market Size in 2029 (USD)
3.14 %
CAGR (2017-2022)
4.45 %
CAGR (2023-2029)
Fastest Growing Segment by Mode of Transport
4.93 %
Projected CAGR, Rail, 2023-2029
Argentina's strong 38,326 kilometers rail track infrastructure and Chile's USD 5 billion investment in railroad infrastructure are mainly driving rail freight growth in South America.
LARGEST CEP SEGMENT BY DESTINATION TYPE
72.21 %
value share, Domestic, 2022
Brazil's e-commerce market, valued at USD 41 billion in 2021, and the online food delivery market, valued at USD 3.17 billion, are the main driving forces for the segment's domestic growth in South America.
Largest Segment by Country
47.07 %
value share, Brazil, 2022
Brazil's overall freight volume increased by 6% YoY in 2021, largely dominated by alcoholic beverages, processed foods, and manufactured items.
Largest Segment by End User
41.20 %
value share, Manufacturing, 2022
Manufacturing contributed about 11.6% to the GDP in 2022, owing to Argentina's automotive industry, as automobile manufacturing witnessed a 27.8% YoY growth.
FASTEST GROWING WAREHOUSING SEGMENT BY TEMPERATURE CONTROL
5.33 %
Projected CAGR, Temperature Controlled, 2023-2029
Increased demand for online delivery of processed fresh and frozen foods and pharmaceutical products during the COVID-19 pandemic led to an 8.64% revenue growth for the segment in 2021.
E-commerce industry and infrastructure investments, developing the freight transport market in the region
- The market has been observing increasing investments in the shipping and trucking sectors. Many new players have entered the market, and with the competitive advantage of digitization, the new players are expected to increase market competitiveness. From 2018 to 2022, the average annual infrastructure investment in Brazil amounted to USD 36.3 billion, followed by Chile, with an average annual infrastructure investment of around USD 17 billion.
- E-commerce is a major factor in the increased demand for transportation services. Revenue in the e-commerce market in South America is expected to reach USD 77.42 billion in 2023. Revenue is expected to register a CAGR of 14.76% during 2023-2027, reaching a value of USD 134.27 billion by 2027. In the e-commerce market, the number of users is expected to reach 244.1 million by 2025. User penetration was 54.0% in 2022 and is expected to be 58.7% by 2025.
- Brazil is by far the largest market for commercial vehicle sales in South America. In 2019, sales or registrations of new vehicles in the country amounted to nearly 526 thousand units. Argentina was second in the region, with approximately 126.4 thousand commercial vehicles sold that year. Sales increased in 2021 after an initial decrease in 2020 due to COVID-19. The CEP players have since then captured significant market share. In 2021, FedEx (including TNT), United Parcel Service (UPS), and Deutsche Post DHL held 44%, 33%, and 20%, respectively, of the market for express and courier services in the Americas, the same as the previous four years.
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Growth and transition in South America's freight and logistics
- Brazil is one of the major economies in the region, along with Argentina, Chile, Colombia, and Peru. Total freight volume in Brazil witnessed a YoY increase of 6% in 2021 due to increased transportation activity contributed by road, rail, and air. Air freight witnessed a YoY growth of 10.8% in September 2022, the highest growth among other regions with new services and capacity, and in some cases, investing in additional aircraft for air cargo. Cargo capacity witnessed a YoY increase of 18.4% in September 2022. However, rising fuel prices and the disruption of global transportation chains negatively impacted international freight in the country.
- The e-commerce sector has been witnessing a boom in the region led by the COVID-19 pandemic and is expected to grow during the forecast period. Brazil witnessed an increase of 12.59% YoY increase in e-commerce during the first quarter of 2022, whereas Chile witnessed a YoY growth of 23%. The huge growth in the e-commerce sector is driving warehouse logistics in the region. In the second quarter of 2022, the average vacancy rate was below 6% in the region. Space availability is among the major challenges related to warehouse logistics. Further, the pharmaceutical market in Argentina, with a domestic market value of USD 8,329 million in 2021, has been a significant driver of temperature-controlled warehousing in the country.
- South America is working toward strengthening its freight and logistics infrastructure. In 2022, the government of Argentina announced direct investments of USD 2.8 billion to enhance transport and water projects for the 2023 budget. Investments worth USD 250 million were allocated to promote decarbonization in the transportation industry in Brazil.
South America Freight And Logistics Market Trends
South America offering USD 4.5 trillion infrastructure investment opportunities over the next decade, to improve transportation sector
- Chile's transport and storage sector showed steady growth in 2021, with a 24.41% increase in its contribution to GDP, and in 2022, transportation, driven by maritime services, expanded by 27.9% due to improved infrastructure and storage demand. Argentina's transportation sector rebounded by 10.62% in 2021 but experienced a Q1 2023 drop in GDP to ARS 52590.67 million (USD 297.543 million) from Q4 2022's ARS 53539.95 million (USD 302.914 million), attributed to reduced transport usage, increased private vehicle reliance, and traffic congestion. Brazil's transportation industry encompasses cargo, ports, public transit, and urban mobility, with logistics being costlier at 12% of GDP due to inadequate infrastructure compared to the United States.
- Chile’s Public Works Ministry (MOP) announced a USD 4.7 billion concession plan in 2021, under which highway projects were said to cost approximately USD 11 billion over the next five years, while other notable projects included hospitals, airports, cable cars, trams, and re-tenders for groups of jails. According to the government, the 2021–2025 five-year plan includes various processes for concessions and tenders. For instance, the value of roadwork projects alone exceeds USD 11 billion.
- South America is offering infrastructural investment opportunities worth USD 4.5 trillion for the next ten years. In the transportation and telecommunications sectors, there are 22 initiatives totaling USD 117.8 billion. The infrastructural integration portfolio in South America will include 409 projects totaling USD 150.4 billion across the transportation, telecommunications, and energy sectors. By 2040, two key sectors -ports and airports - are expected to require investments worth USD 55 billion and USD 53 billion, respectively.
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Crude oil prices in the region rose to USD 100 per barrel in 2022 owing to the impact of Russia-Ukraine conflict on global crude oil
- As of March 2022, the diesel prices in Belize and Barbados were among the highest reported in Latin America and the Caribbean, averaging above 1.7 USD per liter. Within South America, Brazil had the highest diesel price, at 1.38 USD per liter, while Venezuela reported the lowest, with a liter of fuel costing an average of 0.03 USD. As of June 2023, Uruguay reported the highest gasoline prices in Latin America and the Caribbean, with an average price of 1.83 USD per litre, followed by Chile with 1.58 USD per litre.
- In 2021, the price of diesel declined by 27.26% (YoY), and the price of gasoline declined by 9.85% (YoY). The main factor leading to fluctuations in diesel prices is the international demand for distillate fuel. However, Argentina's diesel oil and liquified gas shortages are affecting the mobility of private cars, passenger and cargo transportation, and economic activities. Due to sanctions against Russia, there has been an impact on the price of fuels. The price of oil in the region rose to USD 100 per barrel in 2022, compared to USD 68 in 2021. Argentina's state-owned oil company purchased diesel from the spot market due to extremely high demand and the national government's electricity and gas subsidies.
- Colombia is Latin America's third-largest oil producer, followed by Brazil and Mexico. Colombia supplied 203,000 barrels per day on average (2.4% of total US crude oil imports) in 2021. South America pumped 442,789 barrels per day on average in 2022, which was 13% lower than in 2021. Brazil has the region's second-largest oil reserves, accounting for a volume of 12.7 billion barrels. In 2022, Latin America's largest oil producer pumped slightly more than 3 million barrels per day, witnessing a 5.6% increase from 2021.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- South American population growth driven by migration, expected to peak at 751.9 million in 2056
- Retail and wholesale trade drives South American region economy
- The penetration rate of e-commerce users in the region is expected to rise to 63.7% by 2027 from 51.1% in 2021
- South American economies striving towards expanding fuel exports led by government initiatives
- Rise in fuel costs affecting the transportation costs
- South America improve infrastructure to increase FDI investment and opportunities
- Growth of investment in the freight and logistics sector
- South American ports need major reforms to boost port connectivity funded by Public and Private investments
- Increased freight rates in South America
- Infrastructure investments surge in Brazil and Chile to stimulate economic growth
- Brazil, Argentina among the frontrunners in driving manufacturing led growth in South America
- South American countries witness major increase in WPI and CPI due to cost increases in mining, electricity, gas, and financial and social crisis in the region
- The governments are launching programs like "Productive Argentina Plan 2030" and “Chilean Technology Working Group” to boost manufacturing
- South American economies striving towards reduction in fertilizer and fuel imports backed by government led initiatives
- South America focusing on infrastructure and electric vehicle
- Truck makers in South America are exploring gas-powered and electric trucks, such as Volkswagen e-Delivery and Fuso's eCanter
- Fleet capacity witnessing growth owing to increasing oil production coupled with capacity expansion projects in the region
- South American ports needs major boost to improve port competitiveness and efficiency
- South America is increasing its investment in the logistics industry
South America Freight And Logistics Industry Overview
The South America Freight And Logistics Market is fragmented, with the top five companies occupying 6.35%. The major players in this market are Deutsche Post DHL Group, DP World, DSV A/S (De Sammensluttede Vognmænd af Air and Sea), Kuehne + Nagel and SAAM (sorted alphabetically).
South America Freight And Logistics Market Leaders
Deutsche Post DHL Group
DP World
DSV A/S (De Sammensluttede Vognmænd af Air and Sea)
Kuehne + Nagel
SAAM
Other important companies include Agunsa Logistics, Alonso Group, Americold, CMA CGM, DB Schenker, TASA Logística, TIBA Group.
*Disclaimer: Major Players sorted in alphabetical order.
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South America Freight And Logistics Market News
- November 2022: DHL prolonged its partnership with the German Bobsleigh, Luge, and Skeleton Federation (BSD) for another four years. The premium and logistics partnership has been in place since the 2014-2015 winter season, and it includes logistics for all equipment during the seasons, along with the branding of sports equipment and clothing of athletes.
- November 2022: DP World expanded its operations in China by signing a memorandum of understanding (MOU) to support logistics and trade development at the Lin-Gang Special Area, a free trade zone in Shanghai.
- October 2022: DP World Jebel Ali Port and Free Zone signed an agreement to boost the value of non-oil trade between the United Arab Emirates and India to USD 100 billion over the next five years. Trade between the two nations has existed for decades, and it is deepening after the signing of the United Arab Emirates-India Comprehensive Economic Partnership Agreement (CEPA) in February 2022.
Free with this Report
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.
South America 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. Argentina
2.21.2. Brazil
2.21.3. Chile
2.22. Regulatory Framework (Sea and Air)
2.22.1. Argentina
2.22.2. Brazil
2.22.3. Chile
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
3.3. Country
3.3.1. Argentina
3.3.2. Brazil
3.3.3. Chile
3.3.4. Rest of South America
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. Agunsa Logistics
4.4.2. Alonso Group
4.4.3. Americold
4.4.4. CMA CGM
4.4.5. DB Schenker
4.4.6. Deutsche Post DHL Group
4.4.7. DP World
4.4.8. DSV A/S (De Sammensluttede Vognmænd af Air and Sea)
4.4.9. Kuehne + Nagel
4.4.10. SAAM
4.4.11. TASA Logística
4.4.12. TIBA Group
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, SOUTH AMERICA, 2017 - 2029
- Figure 2:
- POPULATION DISTRIBUTION BY DEVELOPMENT AREA, COUNT, SOUTH AMERICA, 2017 - 2029
- Figure 3:
- POPULATION DENSITY, POPULATION/SQ. KM, SOUTH AMERICA, 2017 - 2029
- Figure 4:
- GROSS DOMESTIC PRODUCT (GDP) SHARE OF FINAL CONSUMPTION EXPENDITURE (IN CURRENT PRICES), SHARE % OF GDP, SOUTH AMERICA, 2017 - 2022
- Figure 5:
- FINAL CONSUMPTION EXPENDITURE, ANNUAL GROWTH (%), SOUTH AMERICA, 2017 - 2022
- Figure 6:
- POPULATION DISTRIBUTION BY MAJOR CITY, COUNT, SOUTH AMERICA, 2022
- Figure 7:
- DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, SOUTH AMERICA, 2022
- Figure 8:
- GROWTH OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, CAGR %, SOUTH AMERICA, 2017 – 2022
- Figure 9:
- WHOLESALE PRICE INFLATION RATE, %, SOUTH AMERICA, 2017 - 2022
- Figure 10:
- CONSUMER PRICE INFLATION RATE, %, SOUTH AMERICA, 2017 - 2022
- Figure 11:
- GROSS MERCHANDISE VALUE (GMV) OF E-COMMERCE INDUSTRY, USD, SOUTH AMERICA, 2017 - 2027
- Figure 12:
- SECTORAL SHARE IN E-COMMERCE INDUSTRY GROSS MERCHANDISE VALUE (GMV), SHARE %, SOUTH AMERICA, 2022
- Figure 13:
- GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY (IN CURRENT PRICES), USD, SOUTH AMERICA, 2017 - 2022
- Figure 14:
- SECTORAL SHARE IN GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY, SHARE %, SOUTH AMERICA, 2022
- Figure 15:
- VALUE OF TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), USD, SOUTH AMERICA, 2017 – 2022
- Figure 16:
- TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), SHARE % OF GDP, SOUTH AMERICA, 2017-2022
- Figure 17:
- VALUE OF EXPORTS, USD, SOUTH AMERICA, 2017 - 2022
- Figure 18:
- VALUE OF IMPORTS, USD, SOUTH AMERICA, 2017 - 2022
- Figure 19:
- FUEL PRICE BY TYPE OF FUEL, USD/LITRE, SOUTH AMERICA, 2017 - 2022
- Figure 20:
- OPERATIONAL COSTS OF TRUCKING - BREAKDOWN BY OPERATING COST ELEMENT, %, SOUTH AMERICA, 2022
- Figure 21:
- TRUCKING FLEET SIZE BY TYPE, SHARE %, SOUTH AMERICA, 2022
- Figure 22:
- RANK OF LOGISTICS PERFORMANCE, RANK, SOUTH AMERICA, 2010 - 2023
- Figure 23:
- MARKET SHARE OF MAJOR TRUCK SUPPLIER BRANDS, SHARE %, SOUTH AMERICA, 2022
- Figure 24:
- MODAL SHARE OF FREIGHT TRANSPORTATION SECTOR, SHARE % BY TON-KM, SOUTH AMERICA, 2022
- Figure 25:
- MODAL SHARE OF FREIGHT TRANSPORT SECTOR, SHARE % BY TONS, SOUTH AMERICA, 2022
- Figure 26:
- MARITIME FLEET LOAD CARRYING CAPACITY OF COUNTRY FLAGGED VESSELS, DEAD WEIGHT TONNAGE (DWT) BY SHIP TYPE, SOUTH AMERICA, 2017 - 2022
- Figure 27:
- LINER SHIPPING CONNECTIVITY INDEX, BASE=100 FOR Q1 2006, 2019 - 2022
- Figure 28:
- LINER SHIPPING BILATERAL CONNECTIVITY INDEX, SOUTH AMERICA, 2021
- Figure 29:
- PORT LINER SHIP CONNECTIVITY INDEX, BASE=100 FOR Q1 2006, SOUTH AMERICA, 2022
- Figure 30:
- MEDIAN TIME SPENT BY VESSELS WITHIN PORT LIMITS OF THE COUNTRY, DAYS, SOUTH AMERICA, 2018 - 2021
- Figure 31:
- AVERAGE AGE OF VESSELS THAT HAVE CALLED IN THE COUNTRY'S PORTS, YEARS, SOUTH AMERICA, 2018 - 2021
- Figure 32:
- AVERAGE GROSS TONNAGE OF VESSELS ENTERING THE COUNTRY'S PORTS, GROSS TONNAGE (GT), SOUTH AMERICA, 2018 - 2021
- Figure 33:
- AVERAGE CARGO CARRYING CAPACITY OF VESSELS THAT HAVE CALLED IN THE COUNTRY'S PORTS, DEAD WEIGHT TONNAGE (DWT) PER VESSEL, SOUTH AMERICA, 2018 - 2021
- Figure 34:
- AVERAGE CONTAINER CARRYING CAPACITY PER CONTAINER SHIP FOR VESSELS ENTERING THE PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), SOUTH AMERICA, 2018 - 2021
- Figure 35:
- CONTAINER PORT THROUGHPUT, TWENTY-FOOT EQUIVALENT UNITS (TEUS), SOUTH AMERICA, 2016 - 2020
- Figure 36:
- TOTAL NUMBER OF SHIP ARRIVALS IN THE COUNTRY'S PORTS, NUMBER OF PORT CALLS, SOUTH AMERICA, 2018 - 2021
- Figure 37:
- PRICING TREND OF ROAD FREIGHT TRANSPORT SERVICE, USD/TON-KM, SOUTH AMERICA, 2017 - 2022
- Figure 38:
- PRICING TREND OF RAIL FREIGHT TRANSPORT SERVICE, USD/TON-KM, SOUTH AMERICA, 2017 - 2022
- Figure 39:
- PRICING TREND OF AIR FREIGHT TRANSPORT SERVICE, USD/TON-KM, SOUTH AMERICA, 2017 - 2022
- Figure 40:
- PRICING TREND OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT SERVICE, USD/TON-KM, SOUTH AMERICA, 2017 - 2022
- Figure 41:
- PRICING TREND OF PIPELINES FREIGHT TRANSPORT SERVICE, USD/TON-KM, SOUTH AMERICA, 2017 - 2022
- Figure 42:
- FREIGHT HANDLED BY ROAD TRANSPORT, TONS, SOUTH AMERICA, 2017 - 2029
- Figure 43:
- FREIGHT HANDLED BY RAIL TRANSPORT, TONS, SOUTH AMERICA, 2017 - 2029
- Figure 44:
- FREIGHT HANDLED BY AIR TRANSPORT, TONS, SOUTH AMERICA, 2017 - 2029
- Figure 45:
- FREIGHT HANDLED BY SEA AND INLAND WATERWAYS TRANSPORT, TONS, SOUTH AMERICA, 2017 - 2029
- Figure 46:
- FREIGHT HANDLED BY PIPELINES TRANSPORT, TONS, SOUTH AMERICA, 2017 - 2029
- Figure 47:
- LENGTH OF ROADS, KM, SOUTH AMERICA, 2017 - 2022
- Figure 48:
- SHARE OF ROAD LENGTH BY SURFACE CATEGORY, %, SOUTH AMERICA, 2022
- Figure 49:
- SHARE OF ROAD LENGTH BY ROAD CLASSIFICATION, %, SOUTH AMERICA, 2022
- Figure 50:
- RAIL LENGTH, KM, SOUTH AMERICA, 2017 - 2022
- Figure 51:
- CONTAINERS HANDLED AT MAJOR PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), SOUTH AMERICA, 2022
- Figure 52:
- CARGO WEIGHT HANDLED AT MAJOR AIRPORTS, TONS, SOUTH AMERICA, 2022
- Figure 53:
- VALUE OF FREIGHT AND LOGISTICS MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 54:
- VALUE OF FREIGHT AND LOGISTICS MARKET BY END USER INDUSTRY, USD, SOUTH AMERICA, 2017 - 2029
- Figure 55:
- VALUE SHARE OF FREIGHT AND LOGISTICS MARKET BY END USER INDUSTRY, %, SOUTH AMERICA, 2017-2029
- Figure 56:
- VALUE OF AFF INDUSTRY (AGRICULTURE, FISHING AND FORESTRY) LOGISTICS MARKET, USD, SOUTH AMERICA, 2017-2029
- Figure 57:
- CAGR OF AFF INDUSTRY (AGRICULTURE, FISHING AND FORESTRY) LOGISTICS MARKET, %, SOUTH AMERICA, 2017-2029
- Figure 58:
- VALUE OF CONSTRUCTION LOGISTICS MARKET, USD, SOUTH AMERICA, 2017-2029
- Figure 59:
- CAGR OF CONSTRUCTION LOGISTICS MARKET, %, SOUTH AMERICA, 2017-2029
- Figure 60:
- VALUE OF MANUFACTURING LOGISTICS MARKET, USD, SOUTH AMERICA, 2017-2029
- Figure 61:
- CAGR OF MANUFACTURING LOGISTICS MARKET, %, SOUTH AMERICA, 2017-2029
- Figure 62:
- VALUE OF EXTRACTIVE INDUSTRY (OIL AND GAS, MINING AND QUARRYING) LOGISTICS MARKET, USD, SOUTH AMERICA, 2017-2029
- Figure 63:
- CAGR OF EXTRACTIVE INDUSTRY (OIL AND GAS, MINING AND QUARRYING) LOGISTICS MARKET, %, SOUTH AMERICA, 2017-2029
- Figure 64:
- VALUE OF DISTRIBUTIVE TRADE (WHOLESALE AND RETAIL TRADE) LOGISTICS MARKET, USD, SOUTH AMERICA, 2017-2029
- Figure 65:
- CAGR OF DISTRIBUTIVE TRADE (WHOLESALE AND RETAIL TRADE) LOGISTICS MARKET, %, SOUTH AMERICA, 2017-2029
- Figure 66:
- VALUE OF OTHER END USERS LOGISTICS MARKET, USD, SOUTH AMERICA, 2017-2029
- Figure 67:
- CAGR OF OTHER END USER LOGISTICS MARKET, %, SOUTH AMERICA, 2017-2029
- Figure 68:
- VALUE OF FREIGHT AND LOGISTICS MARKET BY LOGISTICS FUNCTION, USD, SOUTH AMERICA, 2017 - 2029
- Figure 69:
- VALUE SHARE OF FREIGHT AND LOGISTICS MARKET BY LOGISTICS FUNCTION, %, SOUTH AMERICA, 2017-2029
- Figure 70:
- VALUE OF COURIER, EXPRESS AND PARCEL MARKET BY DESTINATION TYPE, USD, SOUTH AMERICA, 2017-2029
- Figure 71:
- VALUE SHARE OF COURIER, EXPRESS AND PARCEL MARKET BY DESTINATION TYPE, %, SOUTH AMERICA, 2017-2029
- Figure 72:
- VALUE OF DOMESTIC COURIER, EXPRESS AND PARCEL MARKET, USD, SOUTH AMERICA, 2017-2029
- Figure 73:
- VOLUME OF DOMESTIC COURIER, EXPRESS AND PARCEL MARKET, NUMBER OF PARCELS, SOUTH AMERICA, 2017-2029
- Figure 74:
- VALUE SHARE OF DOMESTIC COURIER, EXPRESS AND PARCEL MARKET BY END USER INDUSTRY, %, SOUTH AMERICA, 2022 V/S 2029
- Figure 75:
- VALUE OF INTERNATIONAL COURIER, EXPRESS AND PARCEL MARKET, USD, SOUTH AMERICA, 2017-2029
- Figure 76:
- VOLUME OF INTERNATIONAL COURIER, EXPRESS AND PARCEL MARKET, NUMBER OF PARCELS, SOUTH AMERICA, 2017-2029
- Figure 77:
- VALUE SHARE OF INTERNATIONAL COURIER, EXPRESS AND PARCEL MARKET BY END USER INDUSTRY, %, SOUTH AMERICA, 2022 V/S 2029
- Figure 78:
- VALUE OF FREIGHT FORWARDING MARKET BY MODE OF TRANSPORT, USD, SOUTH AMERICA, 2017-2029
- Figure 79:
- VALUE SHARE OF FREIGHT FORWARDING MARKET BY MODE OF TRANSPORT, %, SOUTH AMERICA, 2017-2029
- Figure 80:
- VALUE OF AIR FREIGHT FORWARDING MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 81:
- VALUE SHARE OF AIR FREIGHT FORWARDING MARKET BY END USER INDUSTRY, %, SOUTH AMERICA, 2022 V/S 2029
- Figure 82:
- VALUE OF SEA AND INLAND WATERWAYS FREIGHT FORWARDING MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 83:
- VALUE SHARE OF SEA AND INLAND WATERWAYS FREIGHT FORWARDING MARKET BY END USER INDUSTRY, %, SOUTH AMERICA, 2022 V/S 2029
- Figure 84:
- VALUE OF OTHERS FREIGHT FORWARDING MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 85:
- VALUE SHARE OF FREIGHT FORWARDING MARKET'S OTHERS SEGMENT BY END USER INDUSTRY, %, SOUTH AMERICA, 2022 V/S 2029
- Figure 86:
- VOLUME OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, USD, SOUTH AMERICA, 2017-2029
- Figure 87:
- VALUE OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, USD, SOUTH AMERICA, 2017-2029
- Figure 88:
- VALUE SHARE OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, %, SOUTH AMERICA, 2017-2029
- Figure 89:
- VALUE OF AIR FREIGHT TRANSPORT MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 90:
- VOLUME OF AIR FREIGHT TRANSPORT MARKET, TON-KM, SOUTH AMERICA, 2017 - 2029
- Figure 91:
- VALUE SHARE OF AIR FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SOUTH AMERICA, 2022 V/S 2029
- Figure 92:
- VALUE OF PIPELINES FREIGHT TRANSPORT MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 93:
- VOLUME OF PIPELINES FREIGHT TRANSPORT MARKET, TON-KM, SOUTH AMERICA, 2017 - 2029
- Figure 94:
- VALUE SHARE OF PIPELINES FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SOUTH AMERICA, 2022 V/S 2029
- Figure 95:
- VALUE OF RAIL FREIGHT TRANSPORT MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 96:
- VOLUME OF RAIL FREIGHT TRANSPORT MARKET, TON-KM, SOUTH AMERICA, 2017 - 2029
- Figure 97:
- VALUE SHARE OF RAIL FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SOUTH AMERICA, 2022 V/S 2029
- Figure 98:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 99:
- VOLUME OF ROAD FREIGHT TRANSPORT MARKET, TON-KM, SOUTH AMERICA, 2017 - 2029
- Figure 100:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SOUTH AMERICA, 2022 V/S 2029
- Figure 101:
- VALUE OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 102:
- VOLUME OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET, TON-KM, SOUTH AMERICA, 2017 - 2029
- Figure 103:
- VALUE SHARE OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, SOUTH AMERICA, 2022 V/S 2029
- Figure 104:
- VALUE OF WAREHOUSING AND STORAGE MARKET BY TEMPERATURE CONTROL, USD, SOUTH AMERICA, 2017-2029
- Figure 105:
- VALUE SHARE OF WAREHOUSING AND STORAGE MARKET BY TEMPERATURE CONTROL, %, SOUTH AMERICA, 2017-2029
- Figure 106:
- VALUE OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 107:
- VOLUME OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, SQUARE FEET, SOUTH AMERICA, 2017 - 2029
- Figure 108:
- VALUE SHARE OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET BY END USER INDUSTRY, %, SOUTH AMERICA, 2022 V/S 2029
- Figure 109:
- VALUE OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 110:
- VOLUME OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, SQUARE FEET, SOUTH AMERICA, 2017 - 2029
- Figure 111:
- VALUE SHARE OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET BY END USER INDUSTRY, %, SOUTH AMERICA, 2022 V/S 2029
- Figure 112:
- VALUE OF OTHER SERVICES SEGMENT OF FREIGHT AND LOGISTICS MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 113:
- VALUE OF FREIGHT AND LOGISTICS MARKET BY COUNTRY, USD, SOUTH AMERICA, 2017 - 2029
- Figure 114:
- VALUE SHARE OF FREIGHT AND LOGISTICS MARKET BY COUNTRY, %, SOUTH AMERICA, 2017-2029
- Figure 115:
- VALUE OF ARGENTINA SEGMENT OF FREIGHT AND LOGISTICS MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 116:
- VALUE OF BRAZIL SEGMENT OF FREIGHT AND LOGISTICS MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 117:
- VALUE OF CHILE SEGMENT OF FREIGHT AND LOGISTICS MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 118:
- VALUE OF REST OF SOUTH AMERICA SEGMENT OF FREIGHT AND LOGISTICS MARKET, USD, SOUTH AMERICA, 2017 - 2029
- Figure 119:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, SOUTH AMERICA, 2017-2023
- Figure 120:
- MOST ADOPTED STRATEGIES, COUNT, SOUTH AMERICA, 2017 - 2023
- Figure 121:
- VALUE SHARE OF MAJOR PLAYERS, %, SOUTH AMERICA, 2022
South America 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. Argentina, Brazil, Chile are covered as segments by Country.
- The market has been observing increasing investments in the shipping and trucking sectors. Many new players have entered the market, and with the competitive advantage of digitization, the new players are expected to increase market competitiveness. From 2018 to 2022, the average annual infrastructure investment in Brazil amounted to USD 36.3 billion, followed by Chile, with an average annual infrastructure investment of around USD 17 billion.
- E-commerce is a major factor in the increased demand for transportation services. Revenue in the e-commerce market in South America is expected to reach USD 77.42 billion in 2023. Revenue is expected to register a CAGR of 14.76% during 2023-2027, reaching a value of USD 134.27 billion by 2027. In the e-commerce market, the number of users is expected to reach 244.1 million by 2025. User penetration was 54.0% in 2022 and is expected to be 58.7% by 2025.
- Brazil is by far the largest market for commercial vehicle sales in South America. In 2019, sales or registrations of new vehicles in the country amounted to nearly 526 thousand units. Argentina was second in the region, with approximately 126.4 thousand commercial vehicles sold that year. Sales increased in 2021 after an initial decrease in 2020 due to COVID-19. The CEP players have since then captured significant market share. In 2021, FedEx (including TNT), United Parcel Service (UPS), and Deutsche Post DHL held 44%, 33%, and 20%, respectively, of the market for express and courier services in the Americas, the same as the previous four years.
| 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 |
| Country | |
| Argentina | |
| Brazil | |
| Chile | |
| Rest of South America |
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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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