Transportation is a process of moving people or things from
one place to another for an amount or fee. Transportation services include air,
rail, road, water and pipeline transportation of both goods and people. This
includes truck transport companies, general road transportation, the rail
transport industry, air transport companies, warehousing and storage of goods
in transit, etc.
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The global transportation services market has shown slow growth in the past years with a CAGR of just
over 3%. The year 2017 recorded highest ever growth in this market with a net
value of around $6 trillion as per TBRC’s inhouse consultants.
TBRC’s latest report show the historic and future trends in
the market for each year with sourced reasons to support the growth claims.
The report also shows the transportation services market to
grow at a higher CAGR by 2021 as compared to 2017, along with geographies best
suited for investments with highest return rate.
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The low price of oil in 2014 and 2016 improved the margins
of companies operating in the transportation services market. Crude oil is a
major input for transportation services companies, therefore low oil prices decreased
operating costs of transportation services companies and improved their profit
margins. This also gave the disposable income of
consumers a boost, as fuel, power and gas prices were cheaper, thereby
increasing the sales of transportation services companies.
TBRC’s latest report will cover in depth understanding and
calculated impacts of each market factor on a global as well as regional level,
to analyze the best investment strategy for this market.
Companies included in the report are China Railway
Corporation, Deutsche Post DHL Group, United Parcel Service, FedEx, and American
Airlines Group.
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