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Sea Air Logistics Market Trends

  • Report ID: GMI11486
  • Published Date: Sep 2024
  • Report Format: PDF

Sea Air Logistics Market Trends

The integration of advanced digital technologies is transforming logistics efficiency. Companies are increasingly using real-time tracking systems and automated solutions to streamline operations and enhance visibility across transport modes. This shift towards digitalization helps optimize route planning, reduce transit times, and improve overall supply chain management, catering to the growing demand for faster and more flexible shipping solutions.
 

For instance, in July 2024, CMA CGM, a prominent global shipping and logistics leader, revealed a strategic partnership with Google to incorporate artificial intelligence (AI) into its operations. This collaboration aims to boost efficiency, responsiveness, and adaptability within CMA CGM’s logistics and shipping processes. By leveraging Google’s AI technologies, the partnership will optimize vessel routing, container handling, and inventory management, enhancing decision-making and improving customer service with quicker response times.
 

Moreover, the emphasis is shifting towards sustainability in multimodal transport solutions. Companies are increasingly adopting eco-friendly practices and technologies to reduce carbon emissions and environmental impact. This includes optimizing transport routes to minimize fuel consumption, investing in energy-efficient infrastructure, and leveraging green technologies. Such initiatives not only address environmental concerns but also align with global sustainability goals and regulatory requirements, driving the evolution of logistics operations.

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of sea air logistics reached USD 8.7 billion in 2023 and is set to register a CAGR of over 5% between 2024 and 2032, due to the surge in global e-commerce and international trade.

The freight forwarding segment accounted for over 52% of the market share in 2023, due to wider adoption of integrated sea-air solutions to enhance efficiency and speed. Service providers are focusing on route optimization and leveraging technology to streamline operations.

Asia Pacific market accounted for revenue share of over 38% in 2023, backed by the growing e-commerce demand and global trade, in consort with enhanced technology and strategic hub developments driving efficiency.

CEVA Logistics, DB Schenker, DHL, DSV (Panalpina), Expeditors International, Kuehne + Nagel, and UPS Supply Chain Solutions among others.

Sea Air Logistics Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 19
  • Tables & Figures: 180
  • Countries covered: 23
  • Pages: 250
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