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CONTRACT LOGISTICS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Contract Logistics Market, By Service (Transportation, Warehousing, Distribution, Aftermarket Logistics), By Type (Insourcing, Outsourcing), By Mode of Transportation (Railways, Airways, Roadways, Waterways), By Industry Vertical (Aerospace, Automotive, Industrial, High-tech, Pharma and healthcare, Others, Retail, E-Commerce), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Key Developments

  • September 2023: UPS bought MNX, a company based in Long Beach, California, specializing in time-sensitive healthcare logistics, for an undisclosed amount.
  • September 2023: CEVA Logistics, a prominent 3PL provider, launched a new carbon-neutral ocean freight service, addressing the rising demand for environmentally friendly logistics solutions.
  • August 2023: DHL Supply Chain partnered with Locus Robotics to introduce autonomous mobile robots (AMRs) in warehouse operations across North America, emphasizing the importance of automation in enhancing efficiency and productivity.
  • January 2022: Penske and Röhlig Logistics collaborated, adding 55,000 square meters of warehouse space and expanding transportation and e-commerce logistics services in Europe, aiming for further growth.

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