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Hazardous Goods Logistics Market Share

Report ID: GMI10641
Published Date: Aug 2024
Report Format: PDF

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Hazardous Goods Logistics Market Share

CMA CGM Group and DB SCHENKER are the prominent players in the market holding approximately 6% of the market share in 2023. The CMA CGM Group invests significantly in specialized vessels and equipment for the secure transport of hazardous goods. Their fleet includes tankers, refrigerated containers, and other specialized units designed to ensure optimal conditions for dangerous materials. The company strictly complies with international and regional regulations, such as the International Maritime Dangerous Goods (IMDG) Code, to ensure safe transportation. This commitment to regulatory compliance minimizes risks and legal liabilities.

DB Schenker provides specialized logistics solutions for hazardous goods transportation. Their services include dedicated freight, customized packaging, and specialized handling procedures to ensure safe transport. Additionally, the company is committed to sustainability and environmental responsibility. They implement green logistics practices, such as optimizing transport routes to reduce carbon emissions, using energy-efficient vehicles, and adopting eco-friendly packaging materials. These initiatives reduce environmental impact and meet the growing demand for sustainable logistics solutions.

Hazardous Goods Logistics Market Companies

Major players operating in the hazardous goods logistics industry are:

CMA CGM Group
DB SCHENKER
DHL Group
DSV
Kuehne+Nagel
SEKO Logistics
United Parcel Service of America, Inc.
Kerry Logistics

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

Hazardous goods logistics industry from the sea freight segment reached USD 155 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to offering the most cost-effective solution for transporting large volumes of hazardous materials over long distances.

North America industry held 34% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to stringent regulatory measures enforced by key agencies such as the U.S. Department of Transportation (DOT) in the region.

CMA CGM Group, DB SCHENKER, DHL Group, DSV, Kuehne+Nagel, SEKO Logistics, United Parcel Service of America, Inc., and Kerry Logistics, are some of the major hazardous goods logistics companies worldwide.