Pipeline

Procurement of road freight services, also known as ‘road haulage,’ benefits buyers from several end-use sectors such as agriculture, construction, manufacturing, oil and gas, fishing and forestry, and mining & quarrying. The global market size was estimated at USD 3,912 billion in 2023. Creating a successful, efficient, and secure logistics strategy is crucial for any business that relies on transporting goods. Key benefits of these services include affordability, availability, speed, and flexibility. APAC dominated the global industry, comprising 32% of the global market share in 2023. The rapidly growing e-commerce sector in developing countries, including India and China, has greatly increased the demand in APAC. Road networks offer extensive coverage, granting access to remote regions. They facilitate flexible scheduling, allowing service providers to adapt to delivery times according to demand fluctuations or urgent needs. Compared to alternative transportation modes (rail o...