Automotive Logistics Market Growth Analysis with Forecast to 2025 [MarketWatch]
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Source: MarketWatch
May 10, 2022 (Market Insight Reports) -- Automotive logistics market is estimated to account for $170 billion by the end of 2025 while exhibiting a growth rate of 5.5% from2019-2025. Rising automobile production accompanied by proliferating vehicle registration and systematized handling and transportation of auto-parts are escalating the demand for automotive logistics. Increasing prominence of contract logistics that offers integrated transportation and warehousing solutions are augmenting the industry size. The requirement for an efficient supply chain system for the entire automobile industry starting from the raw materials for vehicle production to delivery are positively influencing the market growth. Industry players are concentrating on optimizing their supply chain operations for improving efficiency and profitability. Advancements in tools and equipment for handling and transporting auto-parts are further expanding the market share. Additionally, the presence of numerous s
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- XPO Recognized as a 2024 VETS Indexes 4 Star Employer for the Second Year in a RowGlobeNewswire
- XPO, Inc. (NYSE: XPO) had its price target raised by analysts at Benchmark Co. from $125.00 to $140.00. They now have a "buy" rating on the stock.MarketBeat
- XPO, Inc. (NYSE: XPO) had its price target raised by analysts at Raymond James from $130.00 to $145.00. They now have an "outperform" rating on the stock.MarketBeat
- XPO, Inc. (NYSE: XPO) had its price target raised by analysts at Bank of America Co. from $137.00 to $139.00. They now have a "buy" rating on the stock.MarketBeat
- XPO, Inc. (NYSE: XPO) had its price target raised by analysts at Oppenheimer Holdings Inc. from $130.00 to $140.00. They now have an "outperform" rating on the stock.MarketBeat
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