Hungary Road Freight Transport Industry Overview
The Hungarian road freight market has a huge number of international and domestic players participating in the market making it highly competitive and fragmented. Some of the major players in the market include DHL, Gartner, and Waberer's International.
The majority of the companies in Hungarian road freight sector are small and medium-sized enterprises. These large number of SMEs account for very less share of direct orders but play an important role as subcontractors.
According to industry sources, there are around 14,000 freight carriers in the country and around only 100 companies have larger fleet. The medium and large road freight transport companies in the country are looking to develop technology and become more digitized with adoption of IoT. However, the small road freight transport companies lag in this area due to lack of capital
The companies are facing challenges with increasing operating costs, especially the small and medium enterprises.
Hungary Road Freight Transport Market Leaders
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Waberer's International Nyrt.
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Révész Group
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Huncargo Holding
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Qualitrans - Cargo Kft.
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Horváth Rudolf Intertransport Kft.
- *Disclaimer: Major Players sorted in no particular order
