/Logistics Services Software Market 2021 Outlook, Growth Prospects, Key Opportunities Incremental Revenue, Trends, Outlook And Forecasts To 2028 Trending
Logistics Services Software Market 2021 Outlook, Growth Prospects, Key Opportunities Incremental Revenue, Trends, Outlook And Forecasts To 2028
iimMay 10, 2021
IT Intelligence Market recently published a latest research report titled
“Global Logistics Services Software Industry 2021” which highlights top companies, Logistics Services Software market segmentation by Types, Application and market division based on Geographical Locations. Logistics Services Software research report primarily focuses on providing in-depth research analysis and forecast for Logistics Services Software Market from 2021 to 2028.
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Market Overview:
The Global Logistics Services Software market 2019 research provides a basic overview of the industry including definitions, classifications, applications and industry
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Expeditors International of Washington, the largest U.S.-based freight forwarder, had a better-than-average 2020 with gross revenue increasing 23.7% to $10.1 billion and net revenue increasing 11% to $2.9 billion. Growth primarily came from airfreight, where gross revenue grew a whopping 63% to $4.8 billion, from $2.9 billion in 2019.
Apex Logistics International, headquartered in Hong Kong, has significant operations in the U.S. and is one of the largest China-U.S. airfreight forwarders. Its airfreight metric tons grew 44% to 750,000 in 2020, driving a 53% increase in gross revenue to $2.3 billion. Apex Logistics managed multiple weekly air charters of PPE from China to the U.S. and has burgeoning e-commerce business. It also more than doubled its ocean freight forwarding business, which ended 2020 with 190,000 20-foot equivalent units.