Global Automotive Logistics Market is expected to grow at a substantial CAGR of 5.3% in the forecast period of 2019 to 2026. The years considered for study are as mentioned below:
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Global automotive logistics market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments owing to favourable market scenario. The market will have a prominent growth in upcoming years due to increased production of vehicle. In additionally; rapid increase in supply chain system is another factor that influences the market growth in the coming future.
The market has witnessed developments in terms of merger and acquisitions, partnerships or product launches that expand the service coverage for the customers. The companies are focusing to meet the rising demand of automotive logistics solutions which helps the companies to sustain their position in the market. For instance, In June 2018, Kuehne + Nagel entered into a strategic partnership with Zebraxx for tracking and tracing services for last mile deliveries. This accelerates the innovations in last mile shipment visibility and enhances the social messaging connectivity. Thus helps broadening their service options.
DHL International GmbH is dominated player in the global automotive logistics market and accounts the highest market share in 2018. The other key players in the market are XPO Logistics, Inc., SNCF, KUEHNE + NAGEL, Penske Automotive Group, Inc., Penske, BLG LOGISTICS GROUP AG & Co. KG, Neovia Logistics Services, LLC., GEFCO, DACHSER, SCHNELLECKE GROUP AG & CO. KG, DB SCHENKER, Ryder System, Inc., CEVA Logistics, Imperial Logistics, Panalpina World Transport (Holding) Ltd., Expeditors International of Washington, Inc., Hitachi Transport System, Ltd., YUSEN LOGISTICS CO, LTD., Kintetsu World Express, Inc., DSV and others.
DHL International GmbH
DHL International GmbH headquartered in Bonn, Germany which was founded on 1969. The company focuses on providing logistic solution to various industries. The company performs its business post-ecommerce-parcel, express, global forwarding freight, supply chain segments in which Global Forwarding Freight and Supply Chain are market focused segment. The company has three solution categories- Express, Parcel & eCommerce, Logistics in which Logistics is market focused category. The company has 547,459 employees as of December 2018.
- In August 2019, DHL international GmbH has partnered with Decathlon to support Decathlon’s global supply chain. Both companies are working together to operate successfully a multi-national supply chain making its stores with a stock of 22,400 products which includes more than 85 sports types. This development helps the company to enhance their business in retail logistics sector.
The company has wide presences across the globe such as Europe, South America, North America, Middle East & Africa, and Asia-Pacific. The company operates its business from following subsidiaries- DHL Aviation (U.K.), AeroLogic (Germany), Blue Dart Aviation (India), Vensecar Internacional (Venezuela), DHL Express Ltd (Ireland) and others.
KUEHNE + NAGEL
KUEHNE + NAGEL headquartered in Bremen, Germany which was founded on 1890. The company has various business segments such as Seafreight, Airfreight, Overland, and Contract Logistics. The company provide solution from following categories- Airfreight, Seafreight, Overland, Contract Logistics, Integrated Logistics in which Integrated Logistics, Contract Logistics are market focused solution. The company has Approx. 82,000 employees.
- In June 2018, Kuehne + Nagel have been awarded as Global Supplier Achievement Award 2018 from Boston Scientific for its outstanding contributions in the areas of commercial excellence, technological innovation, quality and excellence. This award helps the company to get recognition on the global level.
The company has wide presence across the globe such as Europe, South America, North America, Middle East & Africa, and Asia-Pacific. The company also generates in revenue from its subsidiaries such as Cooltainer New Zealand Limited (New Zealand), KN Tsepisa Logistics (Pty.) Ltd. (South Africa), RR Enterprises (India), ReTrans, Inc. (U.S), Coiltrans SARL (Luxembourg) and others.
DB Schenker
DB Schenker has headquartered in Duisburg, Germany and was founded on 1872. The company offers innovative supply chain solutions for various industries such as automotive, consumer, electronics etc. The company has following product categories such as land transport, air freight, ocean freight, contract logistics, lead logistics, special products in which land transport, air freight, ocean freight, contract logistics are market focused categories. The company has more than 75,800 employees.
- In June 2019, DB Schenker launched a new subsidiary in Bangladesh. The Schenker Logistics Limited (Bangladesh) will be fully operational and can function under the Indian cluster organization of the worldwide freight forwarder. This development will help the company to increase their service portfolio in the Indian subcontinent.
The company performs its business across the globe such as Europe, North America, South America, Middle East and Africa, Asia Pacific.
