Intermodal Freight Transportation Market by Component, Solution, Mode, End-User Industry

Description

List of Tables

[187 Pages Report] The Intermodal Freight Transportation Market size was estimated at USD 36.49 billion in 2023 and expected to reach USD 40.59 billion in 2024, at a CAGR 11.63% to reach USD 78.85 billion by 2030.

Intermodal Freight Transportation is a vital sector in the global logistics system, primarily designed to efficiently move goods across various modes of transport. This includes rail, ship, and truck, typically utilizing standardized containers for unhindered transfer between these modes. Intermodality is pivotal in facilitating international and cross-country trade. It involves freight transportation in an intermodal container or vehicle, employing multiple modes of transportation (rail, marine, and highway), all without any cargo handling at changeover points. This system dramatically simplifies goods management and enhances the overall efficiency of freight transport. The sustainable nature of this system, its cost-effectiveness, and greater freight capacity compared to standalone systems are fundamental factors in propelling its market growth. Telematics and freight tracking technology advances have increased efficiency and visibility during transit, subsequently driving the demand. However, security threats and the need for high capital investment hamper the market adoption. Government Policies and Infrastructure Development have been other vital driving factors as regulatory bodies worldwide have created favorable policies to promote the growth of intermodal freight transportation. Increasing global trade has necessitated flexible transportation solutions to manage complex cargo movement, creating an opportunity for the intermodal freight transportation market.

KEY MARKET STATISTICS
Base Year [2023]	USD 36.49 billion
Estimated Year [2024]	USD 40.59 billion
Forecast Year [2030]	USD 78.85 billion
CAGR (%)	11.63%

Component: High adoption of intermodal freight transportation software solutions

Intermodal freight transportation services refer to a comprehensive set of logistics services that involve coordinating and integrating multiple modes of transportation to move cargo or freight containers from their point of origin to their final destination. Consulting services play a vital role in intermodal freight transportation by aiding companies in optimizing routes, reducing costs, and enhancing operational efficiencies. Experienced consultants provide strategic insights into network design, mode selection, regulatory compliance, and sustainability measures. Customization services address clients' specific requirements in intermodal freight transportation to enhance effectiveness and adaptability. Managed services provide comprehensive oversight of intermodal freight operations, enabling businesses to outsource the management of complex logistics systems. This includes end-to-end shipment coordination, carrier management, consolidation services, and real-time tracking and reporting. Advanced software solutions are integral to modern intermodal freight transportation, serving as the technological backbone for the industry. These platforms offer functionalities such as route optimization, inventory control, shipment visibility, and predictive analytics. Transportation management software (TMS) facilitates seamless coordination between shippers, carriers, and customers by integrating with existing supply chain systems.

Solution: Significance of fleet management to enhance the overall transportation system

Fleet management in intermodal freight transportation involves the comprehensive oversight and coordination of a company's fleet of vehicles and assets used in transporting goods across different modes of transportation. Fleet management systems often incorporate technologies to enhance driver safety. This includes driver behavior monitoring, real-time feedback, and tools to address unsafe driving practices. Fuel management is a significant aspect of fleet management in intermodal transportation. Technologies and practices that optimize fuel efficiency, monitor fuel consumption, and reduce emissions contribute to cost savings and environmental sustainability. GPS and telematics technologies track vehicles, containers, and assets. Fleet management systems often integrate various technologies, including fleet management software, electronic logging devices (ELDs), and communication systems. Freight security in the intermodal freight transportation market refers to the actions and procedures implemented to safeguard the movement of goods and cargo across various modes of transportation. Baggage scanners are commonly used in airports, seaports, and transportation hubs to screen passengers' baggage for security purposes. Liquid threat scanners are specifically designed to detect the presence of liquid explosives, flammable liquids, or other hazardous materials in containers, bottles, or other liquids. Intermodal dispatch involves coordinating and scheduling various transportation modes to ensure the efficient movement of goods from the moment of origin to the last destination. Billing and settlement processes in intermodal freight transportation involve the generation of invoices, financial transactions, and payment reconciliation between different parties involved in the transportation chain. Intermodal brokerage involves intermediaries (brokers) facilitating transactions between shippers and carriers, helping match transportation needs with available capacity. Depot system integration consists of the integration of various depot or terminal management. In intermodal transportation, airport terminals serve as crucial hubs for air cargo. Trucking software and warehousing play vital roles in the intermodal freight transportation market, helping streamline operations, enhance efficiency, and improve overall logistics management.

Mode: Truck water transportation provides movement of bulk commodities

Integrating truck and air transportation, often called air-truck intermodality, is pivotal for high-value, time-sensitive cargo. Industry data indicates that this mode primarily serves the express shipment market, with airports acting as critical nodes for global freight movement. Truck-rail, or piggyback, is a transportation mode that combines the flexibility of trucks with the long-haul efficiency of railways. Using rail is most beneficial for heavier and non-perishable goods that need to be moved over long distances and is a more environmentally friendly option than trucking alone. Truck-water transportation, linking trucks with ships, is essential for international trade and domestic shipping within coastal and riverine regions. This mode is particularly important for moving bulk commodities, oversized cargo, and containers. Market data implies a consistent demand for this mode due to the cost-effectiveness of water transport for large shipments over long distances.

End-User Industry: High adoption of intermodal freight transportation in the aerospace & defense sector

The aerospace and defense industry requires the movement of oversized and sensitive cargo, often over long distances. This necessitates high reliability and security measures during transit. Intermodal solutions are employed in this sector to optimize route efficiency and minimize risks associated with handling and transferring goods. Intermodal freight balances cost-effectiveness and timeliness for the consumer and retail sectors, especially for non-perishable goods. The energy and mining industries require the shipment of large quantities of raw materials, often from remote locations to processing facilities or markets. Manufacturers benefit from intermodal freight transportation by integrating it into their just-in-time (JIT) delivery systems to minimize inventory costs. The oil and gas industry depends on intermodal freight transport to distribute heavy and hazardous materials, such as natural gas, crude oil, and refined products.

Regional Insights

The Americas has a significant landscape in the intermodal freight transportation market owing to the increasing integration of various transportation mediums, including road, rail, air, and waterways, observed extensively in this region. Factors such as robust infrastructure, technological advancements in container handling equipment, and strategic geographical location contribute to America's significant position in the industry. In the EMEA region, Europe retains the more substantial market driven by intermodal freight transportation, owing to its highly developed infrastructures and strategic geographical locations. The Middle East and Africa exhibit growing potential, primarily driven by oil and gas-related freight movements. Emergent economic powerhouses have invested extensively in transport and logistics infrastructure, creating a positive outlook for intermodal freight transportation. The APAC region is witnessing rapid expansion in intermodal freight transportation due to increasing industrialization and commerce. The countries in the region have significant exporter and importer capabilities and rely heavily on freight transportation, while progress in transportation infrastructure is paving the way for increased intermodal freight services. Rapid industrialization, the booming e-commerce sector, and increased cross-border trading activities are primarily driving the market growth in this region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Intermodal Freight Transportation Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Intermodal Freight Transportation Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Intermodal Freight Transportation Market, highlighting leading vendors and their innovative profiles. These include A.P. Moller - Maersk A/S, BR Williams Logistics, LLC, CLX Logistics, LLC, Deutsche Bahn AG, Elemica, Inc, Hub Group, Inc, International Business Machines Corporation, ITS Logistics LLC, J.B. Hunt Transport, Inc., Knight-Swift Transportation Holdings Inc., Kuehne + Nagel International AG, Korber AG, Landstar System Holdings, Inc., LOGISTEED, Ltd., Motorola Solutions, Inc., Odyssey Logistics & Technology Corporation, Oracle Corporation, Schneider National, Inc., STG Logistics, Supertrans Logistics CO., The General Electric Company, Tighe Logistics Group, WICKER PARK LOGISTICS, INC., and XPO Logistics, Inc..

Market Segmentation & Coverage

This research report categorizes the Intermodal Freight Transportation Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
- Services
  - Consulting Service
  - Customization Service
  - Managed Service

Software

Solution
- Fleet Management
  - Driver Safety
  - Fuel Management
  - Journey Management
  - Vehicle Tracking

Freight Security
- Baggage Scanner
- Cargo/Vehicle Scanners
- Liquid Threat Scanners

Intermodal Dispatch
- Billing & Settlement
- Brokerage
- Depot System Integration
- Electronic Data Interchange
- Order Management

Intermodal Terminals
- Airport Terminals
- Cross-Dock Facility
- Marine Terminals
- Rail Yard

Trucking Software
Warehousing

Mode
- Truck-Air
- Truck-Rail
- Truck-Water

End-User Industry
- Aerospace & Defense
- Consumer & Retail
- Energy & Mining
- Manufacturing
- Oil & Gas

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Intermodal Freight Transportation Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Intermodal Freight Transportation Market?

3. What are the technology trends and regulatory frameworks in the Intermodal Freight Transportation Market?

4. What is the market share of the leading vendors in the Intermodal Freight Transportation Market?

5. Which modes and strategic moves are suitable for entering the Intermodal Freight Transportation Market?

Product Code: MRR-43676CF425F2

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Favorable trade policies across the globe
  - 5.1.1.2. Growing popularity of geospatial intermodal freight transportation
  - 5.1.1.3. Surging need for reliable, safe, and efficient multimodal transportation
- 5.1.2. Restraints
  - 5.1.2.1. High cost and limited training to manage and handling of intermodal transportation
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advances to transport freight faster and cheaper across the globe
  - 5.1.3.2. Introduction and development of smart transport systems and logistics
- 5.1.4. Challenges
  - 5.1.4.1. Lack of infrastructure and limited reliability
5.2. Market Segmentation Analysis
- 5.2.1. Component: High adoption of intermodal freight transportation software solutions
- 5.2.2. Solution: Significance of fleet management to enhance the overall transportation system
- 5.2.3. Mode: Truck water transportation provides movement of bulk commodities
- 5.2.4. End-User Industry: High adoption of intermodal freight transportation in the aerospace & defense sector
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Intermodal Freight Transportation Market, by Component

6.1. Introduction
6.2. Services
6.3. Software

7. Intermodal Freight Transportation Market, by Solution

7.1. Introduction
7.2. Fleet Management
7.3. Freight Security
7.4. Intermodal Dispatch
7.5. Intermodal Terminals
7.6. Trucking Software
7.7. Warehousing

8. Intermodal Freight Transportation Market, by Mode

8.1. Introduction
8.2. Truck-Air
8.3. Truck-Rail
8.4. Truck-Water

9. Intermodal Freight Transportation Market, by End-User Industry

9.1. Introduction
9.2. Aerospace & Defense
9.3. Consumer & Retail
9.4. Energy & Mining
9.5. Manufacturing
9.6. Oil & Gas

10. Americas Intermodal Freight Transportation Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Intermodal Freight Transportation Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Intermodal Freight Transportation Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. MSC And Italy's National Railway Launch Intermodal Company
- 13.3.2. TFI Acquires Canada-Based Intermodal, Brokerage Provider
- 13.3.3. Schneider National has Signed a Multiyear Agreement with Canadian Pacific Kansas City (CPKC) to Provide an Intermodal Transportation Service on CPKC's North-South Corridor Connecting the US and Mexico.
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio