Freight is a service or method for the transportation of cargo and goods from one location to another through different modes such as road, air, water, and pipeline. It is also defined as the cost incurred on that transportation. Domestic freight, as the name implies, is the movement of cargo or goods within the domestic boundary of a country. Freight service providers are specialized in handling different logistics functions such as transportation, warehousing, and air freight and forwarding. Often, freight service providers go beyond logistics and provide value-added services such as inventory management, cross-docking, door-to-door delivery, and packaging. They also provide strategic and operational value to many shippers worldwide. Currently, domestic freight service providers are improving logistics by introducing innovative supply chain management.
Analysts forecast the Domestic Freight market in the US to grow at a CAGR of 4.23 percent over the period 2013-2018.
Covered in this Report
This report covers the present scenario and the growth prospects of the Domestic Freight market in the US for the period 2014-2018. To calculate the market size, the report considers the revenue generated by freight service providers and the volume of freight transported through different modes of transportation. The Domestic Freight market in the US can be segmented on the basis of type of freight transported and the mode of freight transportation.
Domestic Freight Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the Domestic Freight market in the US and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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