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[December 03, 2012]
The Global Transportation Service Market to Grow At A CAGR Of 6.48 Percent over the Period 2011-2015
(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (
) has announced the addition of the "Global Transportation Service Market 2011-2015" report to their offering.
One of the key factors contributing to this market growth is the increasing export of goods across the globe. The Global Transportation Service market has also been witnessing the increasing adoption of transport management system software. However, repositioning of empty containers could pose a challenge to the growth of this market.
The key vendors dominating this market space include Deutsche Post AG, FedEx Corp., United Parcel Service Inc., and Kuehne und Nagel International AG.
Commenting on the report, an analyst from TechNavio's Automotive team said: ''The increasing adoption of transport management system (TMS) software will be a major trend in the Global Transportation Service market. Transport management system software helps companies in freight management activities and offers the end-users a better service. Furthermore, the increasing demand for SaaS-based TMS solutions is another positive trend in the market. Many small and medium-sized enterprises (SMEs) are adopting SaaS-based TMS solutions in order to manage their freight expenses. The Global Transport Management System Software market is expected to increase massively by 2015.'' According to the report, one of the major drivers is the increasing export of goods across the globe. This is directly influencing the demand for transportation services and hence leads to the growth of the market.
Further, the report reveals that the repositioning of empty containers is one of the major challenges for the Global Transportation Service market.
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