United Arab Emirates Freight And Logistics Market Size
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2023) | USD 15.77 Billion |
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Market Size (2029) | USD 22.67 Billion |
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Largest Share by Logistics Function | Freight Transport |
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CAGR (2023 - 2029) | 6.24 % |
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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. |
United Arab Emirates Freight And Logistics Market Analysis
The United Arab Emirates Freight And Logistics Market size is estimated at 15.77 billion USD in 2023, and is expected to reach 22.67 billion USD by 2029, growing at a CAGR of 6.24% during the forecast period (2023-2029).
15.77 Billion
Market Size in 2023 (USD)
22.67 Billion
Market Size in 2029 (USD)
4.38 %
CAGR (2017-2022)
6.24 %
CAGR (2023-2029)
Fastest Growing Segment by Mode of Transport
7.42 %
Projected CAGR, Road, 2023-2029
Road transport is the fastest-growing segment. The country is strengthening its road infrastructure with projects like the USD 2.7 billion Sheikh Zayed double-deck road scheme.
LARGEST CEP SEGMENT BY DESTINATION TYPE
64.78 %
value share, Domestic, 2022
The domestic segment is the largest segment by destination type, supported by the wholesale and retail trade end-user segment, which accounted for a share of 58.2% in 2022.
Largest Segment by End User
27.47 %
value share, Wholesale and Retail Trade, 2022
The wholesale and retail trade is the largest end-user segment boosted by the UAE e-commerce market. The number of retailers in the country was estimated to grow by 20% in 2022.
LARGEST WAREHOUSING SEGMENT BY TEMPERATURE CONTROL
86.40 %
value share, Non-Temperature Controlled, 2022
The non-temperature-controlled segment recorded a higher revenue contribution during the review period. However, the percentage share decreased from 87.5% in 2017 to 86.6% in 2021.
FASTEST GROWING WAREHOUSING SEGMENT BY TEMPERATURE CONTROL
10.23 %
Projected CAGR, Temperature Controlled, 2023-2029
The temperature-controlled segment is boosted by the pharmaceutical sector, which is expected to grow by 27% between 2021 and 2025 as the country aims to become a regional pharmaceutical center.
Rising investments in Rail and transportation projects witnessed in the country
- The COVID-19 outbreak significantly impacted the UAE construction sector in 2020. But the pandemic had left the least impact on infrastructure construction, which had a positive outlook in 2021. The UAE government announced new infrastructure development projects on metro and railways and planned to invest around USD 1 billion. The consultant companies and government also resumed working on delayed projects due to COVID-19. Around USD 13.61 billion was invested in the Eithad Rails project.
- Transport infrastructure investment is projected to increase at an average annual rate of 4.7% worldwide until 2025. The transportation market is driven by increased demand due to globalization, followed by growth in the adoption of connected and smart technologies in transportation infrastructure.
- In 2021, the UAE government announced the launch of the UAE Railways Program, the largest integrated system for transporting goods and passengers nationwide. The program constitutes an integrated strategy for the railway sector in the UAE for the coming decades, as it includes a national network of railway projects that link the Emirates and the country's key cities. The first phase of Etihad Rail has been fully operational since 2016, with opportunities to expand beyond the borders of the UAE. The projects are worth USD 13.61 billion.
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United Arab Emirates Freight And Logistics Market Trends
UAE expect more than 8% CAGR in logistic market due to rise in modern and diverse modes of transportation infrastructure
- The UAE boasts one of the most advanced transport and infrastructure facilities in the region. This encompasses top-tier provisions for roads, metro networks, and maritime transport, all of which play a pivotal role in fostering economic expansion and facilitating business and tourism advancements within the nation. Due to the industry's rapid growth, the UAE logistics market is expected to register a CAGR of more than 8.4% to reach USD 31.4 billion by 2026, providing many opportunities and investment prospects to accelerate digital capabilities in the United Arab Emirates and promoting economic competitiveness and sustainable growth in the region.
- The UAE strategy is expected to deliver an annual of AED 22 billion across diverse sectors. This will be achieved through a multi-faceted approach, encompassing the reduction of transportation expenses, carbon footprints, and accidents. Additionally, the strategy aims to elevate individual productivity while reclaiming hundreds of millions of hours previously squandered in traditional commuting methods.
- This indicates a remarkable 44% reduction in transportation costs, translating to an impressive annual saving of up to AED 900 million. Furthermore, a projected 12% reduction in environmental pollutants stands to result in annual savings of AED 1.5 billion. Leveraging enhanced transportation efficiency, the strategy is anticipated to generate an annual economic upswing of AED 18 billion by optimizing Dubai's transportation sector by the year 2030. Dubai's Roads and Transport Authority (RTA) is leading the Shindagha Corridor project initiative, which entails crafting a 13km road network spanning Sheikh Rashid Street, Al Mina, Al Khaleej, and Cairo Streets in Dubai.
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UAE government doubled fuel subsidies for low-income households, allocating USD 7.62 billion to social support program
- In 2022, the UAE oil production was expected to be around 2.95 million barrels per day. According to the Central Bank, the oil GDP rose by 8% in 2022 and may rise by 5% in 2023 due to the Russia-Ukraine war, the recovery of the market post-COVID-19, and demand/supply factors in the global oil market. Oil prices were raised due to the Russia-Ukraine conflict, reaching USD 100 per barrel. Brent Crude is the globally accepted standard for 66.67% of the world's oil reserves, and it stabilized at USD 140/barrel in March 2022, a 36% increase from the start of 2022.
- In 2022, diesel pump prices in the UAE have risen by 35%, with a liter costing AED 2.56 (USD 0.69). This high fluctuation in diesel prices in the United Arab Emirates is due to currency exchange rates, international crude oil prices, and demand. Since June 2021, when oil prices were still recovering from the peak of the COVID-19 pandemic, there has been a 45% increase. However, the best methods to deal with ongoing fuel price increases are better driver training, the newest trailer technology, and non-fossil fuel alternatives, like LNG, CNG, and electric drivelines. The price increase for diesel has been matched by additional price increases at the gas pump for gasoline blends, including a new price for the well-known Super 98 gasoline, which currently costs USD 4.15 per liter, a 36% increase.
- The government increased the fuel subsidies in the Social Support Program for low-income households in the United Arab Emirates by a significant increase in the budget. Previously, the total budget of the program was AED 14 billion (USD 3.81 billion), which was increased to AED 28 billion (USD 7.62 billion). The Social Support Program will provide an 85% fuel subsidy for lower-income individuals in the United Arab Emirates.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Dubai is the most populated city in the UAE, with around 68% with the largest India population
- Rising initiatives launch such as a 10-year economic plan known as D33 in Dubai aimed at increasing economic growth driving the GDP growth
- In the MENA region, UAE leading as the 2nd biggest food and beverages market for online food delivery sector
- UAE aims to generate USD 218 billion through non-oil exports under 'We The UAE 2031' Vision
- Increased fuel prices and transit fees are affecting logistics costs and overall trucking operational costs in the UAE
- The UAE’s rank rises to 7 in LPI due to improved logistic infrastructure and better connectivity
- Abu Dhabi National Oil Company's (ADNOC) maritime capacity expansion and adoption of sustainable production are majorly contributing to maritime growth in the UAE
- UAE's adoption of digitization and infrastructure investments leading to boost in port efficiency
- UAE is expected to focus more on investment and expansion of rail infrastructure with transportation projects worth USD 13.61 billion
- Oil and gas led economy of UAE aiming towards transformation to green hydrogen economy
- Russia Ukraine war caused oil prices to increase touching peak of USD 100 per barrel in 2022
- The UAE aims to raise the industrial sector’s contribution to the GDP to USD 81.66 billion by 2031
- UAE working towards strengthening local food security amidst rising food imports
- The UAE is transitioning to electric trucks by installing over 300 EV charging stations throughout the Emirate of Dubai
- Road freight has the highest modal share and the volume in tons grew by 7% YoY in 2022
- UAE working towards increasing maritime volumes by launching direct connectivity routes (UAE-Red Sea service) in country supported by infrastructure development
- Air freight rates grew by 2.02% YoY in 2022, followed by road freight rates (1.71%),and rail freight rates (1.41%)
- UAE accelerates investment project worth USD 23 billion investment plan to boost tourism and expand transportation infrastructure
United Arab Emirates Freight And Logistics Industry Overview
The United Arab Emirates Freight And Logistics Market is fragmented, with the top five companies occupying 4.74%. The major players in this market are Deutsche Post DHL Group, Globelink West Star Shipping LLC, Gulf Agency Company (GAC), Kuehne + Nagel and Momentum Logistics (sorted alphabetically).
United Arab Emirates Freight And Logistics Market Leaders
Deutsche Post DHL Group
Globelink West Star Shipping LLC
Gulf Agency Company (GAC)
Kuehne + Nagel
Momentum Logistics
Other important companies include Al-Futtaim logistics, DB Schenker, DSV A/S (De Sammensluttede Vognmænd af Air and Sea), Freight Systems, Modern Freight Company (MFC), RSA Global, Sharaf Group.
*Disclaimer: Major Players sorted in alphabetical order.
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United Arab Emirates 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: Globelink started a new LCL Export consolidation service to Canada from the United Arab Emirates.
- October 2022: DHL Freight introduced the GoGreen Plus service to reduce CO2 emissions from road transport vehicles. This can be achieved through carbon insetting, which is a reduction in emissions of carbon dioxide and other greenhouse gases through investments in green road transportation technologies and fuels.
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.
United Arab Emirates 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. Modal Share
2.14. Maritime Fleet Load Carrying Capacity
2.15. Liner Shipping Connectivity
2.16. Port Calls And Performance
2.17. Freight Pricing Trends
2.18. Freight Tonnage Trends
2.19. Infrastructure
2.20. Regulatory Framework (Road and Rail)
2.20.1. UAE
2.21. Regulatory Framework (Sea and Air)
2.21.1. UAE
2.22. 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. Al-Futtaim logistics
4.4.2. DB Schenker
4.4.3. Deutsche Post DHL Group
4.4.4. DSV A/S (De Sammensluttede Vognmænd af Air and Sea)
4.4.5. Freight Systems
4.4.6. Globelink West Star Shipping LLC
4.4.7. Gulf Agency Company (GAC)
4.4.8. Kuehne + Nagel
4.4.9. Modern Freight Company (MFC)
4.4.10. Momentum Logistics
4.4.11. RSA Global
4.4.12. Sharaf 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, UAE, 2017 - 2029
- Figure 2:
- POPULATION DISTRIBUTION BY DEVELOPMENT AREA, COUNT, UAE, 2017 - 2029
- Figure 3:
- POPULATION DENSITY, POPULATION/SQ. KM, UAE, 2017 - 2029
- Figure 4:
- GROSS DOMESTIC PRODUCT (GDP) SHARE OF FINAL CONSUMPTION EXPENDITURE (IN CURRENT PRICES), SHARE % OF GDP, UAE, 2017 - 2022
- Figure 5:
- FINAL CONSUMPTION EXPENDITURE, ANNUAL GROWTH (%), UAE, 2017 - 2022
- Figure 6:
- POPULATION DISTRIBUTION BY MAJOR CITY, COUNT, UAE, 2022
- Figure 7:
- DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, UAE, 2022
- Figure 8:
- GROWTH OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, CAGR %, UAE, 2017 – 2022
- Figure 9:
- WHOLESALE PRICE INFLATION RATE, %, UAE, 2017 - 2022
- Figure 10:
- CONSUMER PRICE INFLATION RATE, %, UAE, 2017 - 2022
- Figure 11:
- GROSS MERCHANDISE VALUE (GMV) OF E-COMMERCE INDUSTRY, USD, UAE, 2017 - 2027
- Figure 12:
- SECTORAL SHARE IN E-COMMERCE INDUSTRY GROSS MERCHANDISE VALUE (GMV), SHARE %, UAE, 2022
- Figure 13:
- GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY (IN CURRENT PRICES), USD, UAE, 2017 - 2022
- Figure 14:
- SECTORAL SHARE IN GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY, SHARE %, UAE, 2022
- Figure 15:
- VALUE OF TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), USD, UAE, 2017 – 2022
- Figure 16:
- TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), SHARE % OF GDP, UAE, 2017-2022
- Figure 17:
- VALUE OF EXPORTS, USD, UAE, 2017 - 2022
- Figure 18:
- VALUE OF IMPORTS, USD, UAE, 2017 - 2022
- Figure 19:
- FUEL PRICE BY TYPE OF FUEL, USD/LITRE, UAE, 2017 - 2022
- Figure 20:
- OPERATIONAL COSTS OF TRUCKING - BREAKDOWN BY OPERATING COST ELEMENT, %, UAE, 2022
- Figure 21:
- TRUCKING FLEET SIZE BY TYPE, SHARE %, UAE, 2022
- Figure 22:
- RANK OF LOGISTICS PERFORMANCE, RANK, UAE, 2010 - 2023
- Figure 23:
- MODAL SHARE OF FREIGHT TRANSPORTATION SECTOR, SHARE % BY TON-KM, UAE, 2022
- Figure 24:
- MODAL SHARE OF FREIGHT TRANSPORT SECTOR, SHARE % BY TONS, UAE, 2022
- Figure 25:
- MARITIME FLEET LOAD CARRYING CAPACITY OF COUNTRY FLAGGED VESSELS, DEAD WEIGHT TONNAGE (DWT) BY SHIP TYPE, UAE, 2017 - 2022
- Figure 26:
- LINER SHIPPING CONNECTIVITY INDEX, BASE=100 FOR Q1 2006, 2017 - 2022
- Figure 27:
- LINER SHIPPING BILATERAL CONNECTIVITY INDEX, UAE, 2021
- Figure 28:
- PORT LINER SHIP CONNECTIVITY INDEX, BASE=100 FOR Q1 2006, UAE, 2022
- Figure 29:
- MEDIAN TIME SPENT BY VESSELS WITHIN PORT LIMITS OF THE COUNTRY, DAYS, UAE, 2018 - 2021
- Figure 30:
- AVERAGE AGE OF VESSELS THAT HAVE CALLED IN THE COUNTRY'S PORTS, YEARS, UAE, 2018 - 2021
- Figure 31:
- AVERAGE GROSS TONNAGE OF VESSELS ENTERING THE COUNTRY'S PORTS, GROSS TONNAGE (GT), UAE, 2018 - 2021
- Figure 32:
- AVERAGE CARGO CARRYING CAPACITY OF VESSELS THAT HAVE CALLED IN THE COUNTRY'S PORTS, DEAD WEIGHT TONNAGE (DWT) PER VESSEL, UAE, 2018 - 2021
- Figure 33:
- AVERAGE CONTAINER CARRYING CAPACITY PER CONTAINER SHIP FOR VESSELS ENTERING THE PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), UAE, 2018 - 2021
- Figure 34:
- CONTAINER PORT THROUGHPUT, TWENTY-FOOT EQUIVALENT UNITS (TEUS), UAE, 2016 - 2020
- Figure 35:
- TOTAL NUMBER OF SHIP ARRIVALS IN THE COUNTRY'S PORTS, NUMBER OF PORT CALLS, UAE, 2018 - 2021
- Figure 36:
- PRICING TREND OF ROAD FREIGHT TRANSPORT SERVICE, USD/TON-KM, UAE, 2017 - 2022
- Figure 37:
- PRICING TREND OF RAIL FREIGHT TRANSPORT SERVICE, USD/TON-KM, UAE, 2017 - 2022
- Figure 38:
- PRICING TREND OF AIR FREIGHT TRANSPORT SERVICE, USD/TON-KM, UAE, 2017 - 2022
- Figure 39:
- PRICING TREND OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT SERVICE, USD/TON-KM, UAE, 2017 - 2022
- Figure 40:
- PRICING TREND OF PIPELINES FREIGHT TRANSPORT SERVICE, USD/TON-KM, UAE, 2017 - 2022
- Figure 41:
- FREIGHT HANDLED BY ROAD TRANSPORT, TONS, UAE, 2017 - 2029
- Figure 42:
- FREIGHT HANDLED BY RAIL TRANSPORT, TONS, UAE, 2017 - 2029
- Figure 43:
- FREIGHT HANDLED BY AIR TRANSPORT, TONS, UAE, 2017 - 2029
- Figure 44:
- FREIGHT HANDLED BY SEA AND INLAND WATERWAYS TRANSPORT, TONS, UAE, 2017 - 2029
- Figure 45:
- FREIGHT HANDLED BY PIPELINES TRANSPORT, TONS, UAE, 2017 - 2029
- Figure 46:
- LENGTH OF ROADS, KM, UAE, 2017 - 2022
- Figure 47:
- SHARE OF ROAD LENGTH BY SURFACE CATEGORY, %, UAE, 2022
- Figure 48:
- SHARE OF ROAD LENGTH BY ROAD CLASSIFICATION, %, UAE, 2022
- Figure 49:
- RAIL LENGTH, KM, UAE, 2017 - 2022
- Figure 50:
- CONTAINERS HANDLED AT MAJOR PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), UAE, 2022
- Figure 51:
- CARGO WEIGHT HANDLED AT MAJOR AIRPORTS, TONS, UAE, 2022
- Figure 52:
- VALUE OF FREIGHT AND LOGISTICS MARKET, USD, UAE, 2017 - 2029
- Figure 53:
- VALUE OF FREIGHT AND LOGISTICS MARKET BY END USER INDUSTRY, USD, UAE, 2017 - 2029
- Figure 54:
- VALUE SHARE OF FREIGHT AND LOGISTICS MARKET BY END USER INDUSTRY, %, UAE, 2017-2029
- Figure 55:
- VALUE OF AFF INDUSTRY (AGRICULTURE, FISHING AND FORESTRY) LOGISTICS MARKET, USD, UAE, 2017-2029
- Figure 56:
- CAGR OF AFF INDUSTRY (AGRICULTURE, FISHING AND FORESTRY) LOGISTICS MARKET, %, UAE, 2017-2029
- Figure 57:
- VALUE OF CONSTRUCTION LOGISTICS MARKET, USD, UAE, 2017-2029
- Figure 58:
- CAGR OF CONSTRUCTION LOGISTICS MARKET, %, UAE, 2017-2029
- Figure 59:
- VALUE OF MANUFACTURING LOGISTICS MARKET, USD, UAE, 2017-2029
- Figure 60:
- CAGR OF MANUFACTURING LOGISTICS MARKET, %, UAE, 2017-2029
- Figure 61:
- VALUE OF EXTRACTIVE INDUSTRY (OIL AND GAS, MINING AND QUARRYING) LOGISTICS MARKET, USD, UAE, 2017-2029
- Figure 62:
- CAGR OF EXTRACTIVE INDUSTRY (OIL AND GAS, MINING AND QUARRYING) LOGISTICS MARKET, %, UAE, 2017-2029
- Figure 63:
- VALUE OF DISTRIBUTIVE TRADE (WHOLESALE AND RETAIL TRADE) LOGISTICS MARKET, USD, UAE, 2017-2029
- Figure 64:
- CAGR OF DISTRIBUTIVE TRADE (WHOLESALE AND RETAIL TRADE) LOGISTICS MARKET, %, UAE, 2017-2029
- Figure 65:
- VALUE OF OTHER END USERS LOGISTICS MARKET, USD, UAE, 2017-2029
- Figure 66:
- CAGR OF OTHER END USER LOGISTICS MARKET, %, UAE, 2017-2029
- Figure 67:
- VALUE OF FREIGHT AND LOGISTICS MARKET BY LOGISTICS FUNCTION, USD, UAE, 2017 - 2029
- Figure 68:
- VALUE SHARE OF FREIGHT AND LOGISTICS MARKET BY LOGISTICS FUNCTION, %, UAE, 2017-2029
- Figure 69:
- VALUE OF COURIER, EXPRESS AND PARCEL MARKET BY DESTINATION TYPE, USD, UAE, 2017-2029
- Figure 70:
- VALUE SHARE OF COURIER, EXPRESS AND PARCEL MARKET BY DESTINATION TYPE, %, UAE, 2017-2029
- Figure 71:
- VALUE OF DOMESTIC COURIER, EXPRESS AND PARCEL MARKET, USD, UAE, 2017-2029
- Figure 72:
- VOLUME OF DOMESTIC COURIER, EXPRESS AND PARCEL MARKET, NUMBER OF PARCELS, UAE, 2017-2029
- Figure 73:
- VALUE SHARE OF DOMESTIC COURIER, EXPRESS AND PARCEL MARKET BY END USER INDUSTRY, %, UAE, 2022 V/S 2029
- Figure 74:
- VALUE OF INTERNATIONAL COURIER, EXPRESS AND PARCEL MARKET, USD, UAE, 2017-2029
- Figure 75:
- VOLUME OF INTERNATIONAL COURIER, EXPRESS AND PARCEL MARKET, NUMBER OF PARCELS, UAE, 2017-2029
- Figure 76:
- VALUE SHARE OF INTERNATIONAL COURIER, EXPRESS AND PARCEL MARKET BY END USER INDUSTRY, %, UAE, 2022 V/S 2029
- Figure 77:
- VALUE OF FREIGHT FORWARDING MARKET BY MODE OF TRANSPORT, USD, UAE, 2017-2029
- Figure 78:
- VALUE SHARE OF FREIGHT FORWARDING MARKET BY MODE OF TRANSPORT, %, UAE, 2017-2029
- Figure 79:
- VALUE OF AIR FREIGHT FORWARDING MARKET, USD, UAE, 2017 - 2029
- Figure 80:
- VALUE SHARE OF AIR FREIGHT FORWARDING MARKET BY END USER INDUSTRY, %, UAE, 2022 V/S 2029
- Figure 81:
- VALUE OF SEA AND INLAND WATERWAYS FREIGHT FORWARDING MARKET, USD, UAE, 2017 - 2029
- Figure 82:
- VALUE SHARE OF SEA AND INLAND WATERWAYS FREIGHT FORWARDING MARKET BY END USER INDUSTRY, %, UAE, 2022 V/S 2029
- Figure 83:
- VALUE OF OTHERS FREIGHT FORWARDING MARKET, USD, UAE, 2017 - 2029
- Figure 84:
- VALUE SHARE OF FREIGHT FORWARDING MARKET'S OTHERS SEGMENT BY END USER INDUSTRY, %, UAE, 2022 V/S 2029
- Figure 85:
- VOLUME OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, USD, UAE, 2017-2029
- Figure 86:
- VALUE OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, USD, UAE, 2017-2029
- Figure 87:
- VALUE SHARE OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, %, UAE, 2017-2029
- Figure 88:
- VALUE OF AIR FREIGHT TRANSPORT MARKET, USD, UAE, 2017 - 2029
- Figure 89:
- VOLUME OF AIR FREIGHT TRANSPORT MARKET, TON-KM, UAE, 2017 - 2029
- Figure 90:
- VALUE SHARE OF AIR FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, UAE, 2022 V/S 2029
- Figure 91:
- VALUE OF PIPELINES FREIGHT TRANSPORT MARKET, USD, UAE, 2017 - 2029
- Figure 92:
- VOLUME OF PIPELINES FREIGHT TRANSPORT MARKET, TON-KM, UAE, 2017 - 2029
- Figure 93:
- VALUE SHARE OF PIPELINES FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, UAE, 2022 V/S 2029
- Figure 94:
- VALUE OF RAIL FREIGHT TRANSPORT MARKET, USD, UAE, 2017 - 2029
- Figure 95:
- VOLUME OF RAIL FREIGHT TRANSPORT MARKET, TON-KM, UAE, 2017 - 2029
- Figure 96:
- VALUE SHARE OF RAIL FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, UAE, 2022 V/S 2029
- Figure 97:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET, USD, UAE, 2017 - 2029
- Figure 98:
- VOLUME OF ROAD FREIGHT TRANSPORT MARKET, TON-KM, UAE, 2017 - 2029
- Figure 99:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, UAE, 2022 V/S 2029
- Figure 100:
- VALUE OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET, USD, UAE, 2017 - 2029
- Figure 101:
- VOLUME OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET, TON-KM, UAE, 2017 - 2029
- Figure 102:
- VALUE SHARE OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, UAE, 2022 V/S 2029
- Figure 103:
- VALUE OF WAREHOUSING AND STORAGE MARKET BY TEMPERATURE CONTROL, USD, UAE, 2017-2029
- Figure 104:
- VALUE SHARE OF WAREHOUSING AND STORAGE MARKET BY TEMPERATURE CONTROL, %, UAE, 2017-2029
- Figure 105:
- VALUE OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, USD, UAE, 2017 - 2029
- Figure 106:
- VOLUME OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, SQUARE FEET, UAE, 2017 - 2029
- Figure 107:
- VALUE SHARE OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET BY END USER INDUSTRY, %, UAE, 2022 V/S 2029
- Figure 108:
- VALUE OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, USD, UAE, 2017 - 2029
- Figure 109:
- VOLUME OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, SQUARE FEET, UAE, 2017 - 2029
- Figure 110:
- VALUE SHARE OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET BY END USER INDUSTRY, %, UAE, 2022 V/S 2029
- Figure 111:
- VALUE OF OTHER SERVICES SEGMENT OF FREIGHT AND LOGISTICS MARKET, USD, UAE, 2017 - 2029
- Figure 112:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, UAE, 2017-2023
- Figure 113:
- MOST ADOPTED STRATEGIES, COUNT, UAE, 2017 - 2023
- Figure 114:
- VALUE SHARE OF MAJOR PLAYERS, %, UAE, 2022
United Arab Emirates 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.
- The COVID-19 outbreak significantly impacted the UAE construction sector in 2020. But the pandemic had left the least impact on infrastructure construction, which had a positive outlook in 2021. The UAE government announced new infrastructure development projects on metro and railways and planned to invest around USD 1 billion. The consultant companies and government also resumed working on delayed projects due to COVID-19. Around USD 13.61 billion was invested in the Eithad Rails project.
- Transport infrastructure investment is projected to increase at an average annual rate of 4.7% worldwide until 2025. The transportation market is driven by increased demand due to globalization, followed by growth in the adoption of connected and smart technologies in transportation infrastructure.
- In 2021, the UAE government announced the launch of the UAE Railways Program, the largest integrated system for transporting goods and passengers nationwide. The program constitutes an integrated strategy for the railway sector in the UAE for the coming decades, as it includes a national network of railway projects that link the Emirates and the country's key cities. The first phase of Etihad Rail has been fully operational since 2016, with opportunities to expand beyond the borders of the UAE. The projects are worth USD 13.61 billion.
| 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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