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Transportation Services Global Market Briefing 2016

  • April 2016
  • -
  • TBRC Business Research
  • -
  • 23 pages

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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.
Truck transportation companies moves large quantities of raw materials, semi-finished goods and finished goods over land typically, from manufacturing plants to distribution centers. The truck transportation industry supports the FMCG industry, manufacturing industry, construction industry, mining industry and the agriculture industry for the movement of goods.
The total value of the transportation services market globally in 2015 was $x billion. Related to a world population of 7.3 billion in 2015 this equates to about $x per person globally. Given that world domestic product was approximately $73.5 trillion in 2015, the market makes up about x% of the global economy.
User Centric Mobility Services – User centric mobility services put transportation users in control and mean that public transportation will become personal. It changes the approach to operations and planning based on users preference, movements, data flows and response to disruption. Smartphones give users access to more travel options and real time status on par with any transportation services operator. Ride sharing companies like BlaBlaCar enabled by digital technology are challenging and changing established business models and players. It is also clearly visible in the taxi industry where smartphone users can book a cab in advance and secure a fare of their choice using apps like Uber.

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