The Global Freight Transport Market size was valued at US$ 30,910.21 million in 2022, and anticipated to grow at a CAGR of 12.4 % over the forecast period.
The market's expansion is attributed to the affordable shipping costs set by suppliers of goods transport services and the many free trade agreements between nations. For instance, the European Union and Canada established a comprehensive economic trade agreement. 98% of the tariffs on European goods traded between Europe and Canada are being eliminated by the Canadian government as a result of this agreement. By reducing commodity prices, that automatically boosts demand for freight transportation, such agreements contribute to the freight transport market growth.
Get the Detail Information: https://analyticsmarketresearch.com/reports/freight-transport-market/31616/
The market's expansion is attributed to the affordable shipping costs set by suppliers of goods transport services and the many free trade agreements between nations. For instance, the European Union and Canada established a comprehensive economic trade agreement. 98% of the tariffs on European goods traded between Europe and Canada are being eliminated by the Canadian government as a result of this agreement. By reducing commodity prices, that automatically boosts demand for freight transportation, such agreements contribute to the freight transport market growth.
Get the Detail Information: https://analyticsmarketresearch.com/reports/freight-transport-market/31616/
The Global Freight Transport Market size was valued at US$ 30,910.21 million in 2022, and anticipated to grow at a CAGR of 12.4 % over the forecast period.
The market's expansion is attributed to the affordable shipping costs set by suppliers of goods transport services and the many free trade agreements between nations. For instance, the European Union and Canada established a comprehensive economic trade agreement. 98% of the tariffs on European goods traded between Europe and Canada are being eliminated by the Canadian government as a result of this agreement. By reducing commodity prices, that automatically boosts demand for freight transportation, such agreements contribute to the freight transport market growth.
Get the Detail Information: https://analyticsmarketresearch.com/reports/freight-transport-market/31616/
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