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According to a new market report published by Transparency Market Research " Logistics Market (By Transport Infrastructures – Road Transport, Waterways Transport, Rail Transport and Air Transport By Logistics Model – First Party Logistics, Second Party Logistics, Third Party Logistics and Others Logistics) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 – 2024, " the market in terms of revenue was valued at USD 8183.46 billion in 2015, is expected to reach USD 15522.02 billion by 2023, growing at a CAGR of 7.5% from 2015 to 2024, the market in terms of volume was valued at 54.69 billion ton in 2015, is expected to reach 92.10 billion ton by 2024, growing at a CAGR of 6.0% from 2016 to 2024. Logistics market includes all the activities of the supply chain such as transportation, customer service, inventory management, flow of information and order processing. Some other activities of the supply chain are warehousing, material handling, purchasing, packaging, information and maintenance among others. One of the biggest drivers of the logistics market is due to investment in technological innovation. Automated material handling equipment, trailer seals, GPS, warehouse control software, warehouse management software, biometrics and RFID are different technologies that will help companies to run their business of logistics services more proficiently over the anticipated period. For example, in 2014, Deutsche Post DHL signed an agreement with Escher Group, which assisted DHL modernize its network by initiating easier parcel delivery and collection in Germany. Browse Latest Research Report with ToC: https://www.transparencymarketresearch.com/logistics-market.html Based on the various transport infrastructures, the logistics market is segmented into road transport, waterways transport, rail transport and air transport. Road freight transport is the most widely used transport infrastructure globally and it is vital to the social integration and economic development of various counties. Flexibility of […]