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Stock impact report

Japan Freight and Logistics Market Anticipated to Skyrocket to USD 393.66 Billion by 2029 [Yahoo! Finance]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: Yahoo! Finance
Dublin, March 28, 2024 (GLOBE NEWSWIRE) -- The "Japan Freight and Logistics - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2017 - 2029" report has been added to ResearchAndMarkets.com's offering. The Japan Freight and Logistics Market is poised for substantial growth, with projections indicating a leap from USD 320.09 billion in 2024 to USD 393.66 billion by 2029. This growth is anticipated to occur at a Compound Annual Growth Rate (CAGR) of 4.22% over the forecast period. Dynamic factors such as an increasing emphasis on road freight services due to soaring e-commerce sales and notable infrastructural transformations are shaping the industry's trajectory. Dominant Trends in Japan Freight and Logistics The transportation and storage sectors are expanding their influence on Japan's GDP, propelled by significant investments in technology and automation. The emergence of automatic transportation roads and logistical tunnels, in particular, stands as a test Show less Read more
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