DUBLIN--(BUSINESS WIRE)--The "Truck Transportation Market Global Briefing 2018" report has been added to ResearchAndMarkets.com's offering.
The global truck transportation market was estimated to be around $1450 billion as of 2017. The global truck transportation made up around 25% of the overall transportation services market in 2017. The truck transportation market was the largest market in the global transportation services market in 2017.
Use of Robotics
Truck transportation companies are widely using robotics solutions to reduce delivery time and costs. It enables truck transportation companies move boxes and containers in and out of semitrailers and ocean freight containers, irrespective of its shape and size.
Robotics mainly helps truck transportation companies reduce labor costs while speeding up shipment processing and delivery times. Therefore, courier delivery, logistics and material handling companies such as UPS, DHL, and FedEx are testing robotic loading and unloading of irregular parcels.
DHL started testing Baxter and Sawyer robots for co-packing and value-added tasks, such as packaging, assembly, kitting, and pre-retail services, in 2016. Earlier, material handling systems company Wynright Corporation had launched the Robotic Truck Unloader (RTU) in 2013. It is an autonomous robotic machine that can be used to unload floor-loaded products from truck trailers or ocean freight containers.
- Markets Covered: General Freight Trucking, Specialized Freight Trucking.
- Time Series: Five years historic (2013-17) and forecast (2017-21).
- Data: Market value in $ billions.
- Data Segmentations: Regional breakdowns, market share of competitors, key sub segments.
- C.H. Robinson
- J.B. Hunt Transport Services
- YRC Freight
- Swift Transportation
- Schneider national
- Werner Enterprises
- Prime Inc
- U.S. Xpress Enterprises
- Saia Motor Freight
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Related Topics: Automotive and Transport, Logistics