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Global Courier Express and Parcel Services Market Procurement Intelligence Report with COVID-19 Impact Analysis | Global Market Forecasts, Analysis 2021-2025
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Global Courier Express and Parcel Services Market Procurement Intelligence Report with COVID-19 Impact Analysis | Global Market Forecasts, Analysis 2021-2025
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Event Logistics Market by Event Type and Geography - Forecast and Analysis 2020-2024
The growing e-commerce industry events is one of the major factors propelling the market growth. However, factors such as the high cost of operation and competitive pricing will hamper the market growth.
Event Logistics Market: Type Landscape
Based on the type, the market saw maximum growth in the entertainment segment in 2019. The rising number of showbiz events across the world is the major factor driving the growth of the segment. The market growth in this segment will be significant over the forecast period.
Event Logistics Market: Geographic Landscape
Synopsis
The crunch developed as people who were barred by the Covid-19 pandemic from going to movies, concerts and restaurants spent their money on flour and treadmills instead.
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Shortages of trucks and drivers, in some cases because of enhanced unemployment benefits, contributed to supply-chain bottlenecks.
A cargo traffic jam on the world’s roads, seas and air corridors could easily continue into next year, continuing to increase shipping costs, according to the head of one of the biggest U.S. freight brokers.
“The domestic freight markets are extremely dislocated and the global air-freight and ocean markets have tremendous amounts of constraints around them,” said Bob Biesterfeld, chief executive officer of C.H. Robinson Worldwide Inc. “We could be standing up a pretty strong freight market throughout 2021, if not into 2022.”
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