The Logistics Market size was valued at US$ 14.35 Bn. in 2022 and the total revenue is expected to grow at CAGR 7.20% through 2023 to 2029, reaching nearly US$ 23.36 Bn.Logistics Market Overview:
Logistics refers to the overall process of planning, executing, and controlling the efficient & effective flow and storage of goods, services, and information from point of origin to point of consumption to serve the purpose of the customer requirement. The term is widely used in the business sector, particularly by industries in the manufacturing sectors, to refer to how resources are acquired, stored, handled, and moved along the supply chain. It involves transaction channels, distribution channels, and communication channels for the faster and efficient provision of logistics services.To know about the Research Methodology :- Request Free Sample Report
Logistics Market Dynamics:
With the advent of liberalization and globalization of world trade, logistics is becoming more and more important to maintain and boost the efficiency, effectiveness, and value addition in international trading activities. For instance, in December 2020, India and the UK announced a plan to confirm free trade agreement (FTA) in areas such as pharmaceuticals, fintech, chemicals, petroleum, food products, and defense manufacturing by 2022, which is expected to boost the growth of Logistics market. The advent rise of e-commerce platforms along with the rising reliance on IoT services are the key factors driving the logistics market. As logistics plays a key role in the operation of online deliveries, the demand for logistics is rising across the globe. Furthermore, the global industries are preferring services that are technology-driven is expected to boost the market growth during the forecast period. The Logistics market growth graph shows continuous northward direction growth as the demand for online delivery has been grown significantly. Resulting in the software developers having set to work creating platforms designed to make the supply chain more controllable. The software providers such as Project44, FourKites, and FreightVerify empower supply chain operators to only identify issues and quickly resolve them, saving organizations enormous amounts of time. These factors are also responsible for the growth of the Logistics Market across the globe. Logistical inefficiencies are expected to reduce employment opportunities, perpetuate a poverty cycle for rural populations, and contribute to pollution. Nonetheless, enhancing the efficiency of logistics is expected to make rapid economic growth and employment opportunities, improve safety and public health, and support the successful fulfillment of international commitments towards climate change, which is expected to drive the growth of the Global Logistics Market.Logistics Market Segment Analysis:
Based on the Transportation Mode, the Logistics Market is segmented into Railways, Roadways, Waterways, and Airways. The Roadways Transportation segment captured the largest market share accounted for 33.19 % in 2022. Roadway transportation has a significant impact on various sectors of products because it is often shipped at various locations. Roadway transportation is the cheapest mode of transportation for long distances, as a result, this segment is expected to dominate the Logistics market during the forecast period. The Airways Transportation segment is expected to witness rapid growth at a CAGR of 5.48% during the forecast period. Since 2004, worldwide air logistics traffic continued to grow somewhat steadily and reached 0.0612 billion metric tons in 2022. Based on the Logistics Type, the Logistics market is segmented into First Party, Second Party, and Third-Party logistics. The Third-Party logistics segment has captured the largest market share accounted for 39.24% during the forecast period. As the manufacturers are not able to monitor every operation at the warehouse and transportation, adopt a third-party logistics service, which allows to outsource operational logistics from warehousing, delivery and ultimately focus on other parts of the business. As Third-party logistics are more efficient and convenient, they enhance the business growth and are expected to increase their necessity for business during the forecast period. Based on the End-Use, the Logistics market is segmented into Healthcare, Manufacturing, Aerospace, Telecommunication, Government and Public Utilities, Banking and Financial Services, Retail, Media and Entertainment, Trade Transportation, Technology, and Others. The Manufacturing segment captured the largest market share accounted for 29.81% in 2022. Increasing production of goods all over the world fuels the Logistics market growth for this segment. The Healthcare segment is expected to witness rapid growth at a CAGR of 5.8% during the forecast period. Increasing healthcare concerns and growing demand for medicines are driving the market growth for this segment.Regional Insights:
North America region held the largest market share accounting for 35.93% in 2022. The USA has the largest and one of the most developed logistics markets in the world. Its logistics sector accounts for nearly 8.3% of its GDP in 2022. Tracing the evolution of the sector, the USA has managed to decrease the logistics cost as a percent of GDP from 16.2% in the 1980s to its current level of 8.3%. Nearly all warehouses in the USA have Warehouse Management Systems (WMS). They also have tools for automatic data collection such as RFID, barcode, and scanner among others. Such extensive use of technology gives companies real-time information on inventory movement thus enabling them with forecasting and planning the movement of goods quite accurately, which is expected to boost the growth of the Logistics market. Asia Pacific region is expected to witness the highest CAGR of 7.31% during the forecast period. An increase in demand for logistic services, exports, and imports, in-country logistics to conduct smooth deliveries drives the logistics market growth for this region. Trade growth between Asia and the rest of the world contributed about 55.9% in 2022. The Asia e-commerce logistics market will account for 57 percent of total market growth from 2022 during the forecast period. The objective of the report is to present a comprehensive analysis of the Trampoline Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Trampoline Market dynamic, structure by analyzing the market segments and projecting the Trampoline Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Trampoline Market make the report investor’s guide.Logistics Market Scope: Inquire before buying
Global Logistics Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 14.35 Bn. Forecast Period 2023 to 2029 CAGR: 7.20% Market Size in 2029: US $ 23.36 Bn. Segments Covered: by Transportation Mode Railways Roadways Waterways Airways by Logistics Type First Party Second Party Third Party by End Use Healthcare Manufacturing Aerospace Telecommunication Government & Public Utilities Banking & Financial Services Retail Media & Entertainment Technology Trade & Transportation Others Logistics Market by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players
1. J.B. Hunt Transport Inc. 2. C.H. Robinson Worldwide, Inc. 3. CEVA Logistics 4. FedEx Corp. 5. United Parcel Service, Inc. 6. Expeditors International of Washington Inc. 7. XPO Logistics Inc. 8. Kenco Group Inc. 9. Deutsche Post DHL Group 10. Americold Logistics 11. LLC 12. DSV Panalpina A/S. 13. Moller – Maersk 14. Geodis 15. Nippon ExpressFrequently Asked Questions:
1] What segments are covered in the Logistics Market report? Ans. The segments covered in the Logistics Market report are based on Logistics type, Transportation Mode, and End-Use. 2] Which region is expected to hold the highest share in the Logistics Market? Ans. North America region is expected to hold the highest share in the Logistics Market. 3] What is the market size of the Logistics Market by 2029? Ans. The market size of the Logistics Market by 2029 is US $ 23.36 Bn. 4] Who are the top key players in the Logistics Market? Ans. J.B. Hunt Transport Inc., C.H. Robinson Worldwide, Inc., CEVA Logistics, FedEx Corp., United Parcel Service, Inc., Expeditors International of Washington Inc., XPO Logistics Inc., Kenco Group Inc., Deutsche Post DHL Group, Americold Logistics, LLC, DSV Panalpina A/S., Moller – Maersk, Geodis, and Nippon Express. 5] What was the market size of the Logistics Market in 2022? Ans. The market size of the Logistics Market in 2022 was US $ 14.35 Bn.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Logistics Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Logistics Market 3.4. Geographical Snapshot of the Logistics Market, By Manufacturer share 4. Global Logistics Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Logistics Market 5. Supply Side and Demand Side Indicators 6. Global Logistics Market Analysis and Forecast, 2022-2029 6.1. Global Logistics Market Size & Y-o-Y Growth Analysis. 7. Global Logistics Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 7.1.1. First Party 7.1.2. Second Party 7.1.3. Third Party 7.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 7.2.1. Railways 7.2.2. Roadways 7.2.3. Waterways 7.2.4. Airways 7.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 7.3.1. Healthcare 7.3.2. Manufacturing 7.3.3. Aerospace 7.3.4. Telecommunication 7.3.5. Government & Public Utilities 7.3.6. Banking & Financial Services 7.3.7. Retail 7.3.8. Media & Entertainment 7.3.9. Technology 7.3.10. Trade & Transportation 7.3.11. Others 8. Global Logistics Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Logistics Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 9.1.1. First Party 9.1.2. Second Party 9.1.3. Third Party 9.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 9.2.1. Railways 9.2.2. Roadways 9.2.3. Waterways 9.2.4. Airways 9.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 9.3.1. Healthcare 9.3.2. Manufacturing 9.3.3. Aerospace 9.3.4. Telecommunication 9.3.5. Government & Public Utilities 9.3.6. Banking & Financial Services 9.3.7. Retail 9.3.8. Media & Entertainment 9.3.9. Technology 9.3.10. Trade & Transportation 10. Others North America Logistics Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Logistics Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 12. Canada Logistics Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 13. Mexico Logistics Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 14. Europe Logistics Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 15. Europe Logistics Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Logistics Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 17. France Logistics Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 18. Germany Logistics Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 19. Italy Logistics Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 20. Spain Logistics Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 21. Sweden Logistics Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 22. CIS Countries Logistics Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 23. Rest of Europe Logistics Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 24. Asia Pacific Logistics Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 25. Asia Pacific Logistics Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Logistics Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 27. India Logistics Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 28. Japan Logistics Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 29. South Korea Logistics Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 30. Australia Logistics Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 31. ASEAN Logistics Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 32. Rest of Asia Pacific Logistics Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 33. Middle East Africa Logistics Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 34. Middle East Africa Logistics Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Logistics Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 36. GCC Countries Logistics Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 37. Egypt Logistics Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 38. Nigeria Logistics Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 39. Rest of ME&A Logistics Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 40. South America Logistics Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 41. South America Logistics Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Logistics Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 43. Argentina Logistics Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 44. Rest of South America Logistics Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Logistics Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Transportation Mode, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Logistics Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. J.B. Hunt Transport 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Inc., C.H. Robinson Worldwide, Inc. 45.3.3. CEVA Logistics, FedEx Corp. 45.3.4. United Parcel Service, Inc. 45.3.5. Expeditors International of Washington Inc. 45.3.6. XPO Logistics Inc. 45.3.7. Kenco Group Inc. 45.3.8. Deutsche Post DHL Group 45.3.9. Americold Logistics 45.3.10. LLC 45.3.11. DSV Panalpina A/S 46. Primary Key Insights