GITNUX MARKETDATA REPORT 2024

Freight And Logistics Industry Statistics

The freight and logistics industry statistics provide valuable insights into the transportation of goods, including trends in volumes, modes of transport, and economic impacts.

Statistic 1

"Amazon’s logistics segment reported revenues of $132 billion in 2020."

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Statistic 2

"Air freight is expected to grow at a CAGR of over 4.3% from 2020 to 2027."

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Statistic 3

"Trucking accounts for 70% of all U.S. freight."

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Statistic 4

"The European logistics market is anticipated to reach $1,721 billion by 2025."

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Statistic 5

"The Asian freight and logistics market have a projected CAGR of 8.23% from 2021 to 2026."

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Statistic 6

"Digital freight matching has reduced idle time in logistics by 10%."

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Statistic 7

"Global warehouse leasing increased by 20% in the first half of 2021."

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Statistic 8

"The Middle East logistics market is expected to grow at a CAGR of 4.9% from 2021 to 2026."

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Statistic 9

"The logistics sector contributes 7% to the UK’s GDP."

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Statistic 10

"The Chinese logistics market reached $1.6 trillion in 2020."

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Statistic 11

"24% of small businesses cite shipping and logistics as a major concern."

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Statistic 12

"72% of companies rely on external logistics providers."

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Statistic 13

"E-commerce has increased logistics demands by 20% in the last five years."

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Statistic 14

"The U.S. freight and logistics market was estimated at $1.6 trillion in 2019."

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Statistic 15

"The global logistics market is expected to reach $12,975.64 billion by 2027 with a CAGR of 6.5% from 2020 to 2027."

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Statistic 16

"The cold chain logistics market size is projected to reach $585 billion by 2026."

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Statistic 17

"35.5% of the shipping and logistics industry workforce is approaching retirement age."

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Statistic 18

"The adoption of IoT in logistics is projected to grow at a CAGR of 13.2% up to 2024."

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Statistic 19

"65% of companies see visibility in freight movement as a significant challenge."

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Statistic 20

"The global freight forwarding market is estimated to grow at a CAGR of 3.8% between 2020 and 2025."

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