Market Share of Hazardous Goods Logistics Industry
The hazardous goods logistics market is fragmented by nature, with a mix of global and local players. Some of the strong players include DHL, DSV, Ceva Logistics, Bollore Logistics, and DGD Transport. Contracts, collaborations, joint ventures, and partnerships are among many other strategies that these players have implemented to stay ahead of the competition and meet the expanding needs of their clients.
Furthermore, they are engaging in research and development operations to strengthen their portfolios and gain market share. The capabilities of local players in terms of technology, items handled, service offered, and inventory management are all improving. With the tightening of hazardous goods logistics regulations, an increasing number of freight forwarding businesses have emerged that can provide competent hazardous goods logistics full-chain services independently.
Hazardous Goods Logistics Market Leaders
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DHL
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DSV
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Ceva Logistics
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Bollore Logistics
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DGD Transport
*Disclaimer: Major Players sorted in no particular order