Logistics Market - High Degree of Fragmentation Due to the Presence of a Large Number of Players
The global logistics market is characterized by a high degree of fragmentation due to the presence of a large number of players. The top four players, namely Deutsche Post DHL, UPS Inc., Ceva Logistics, and FedEx held a meagre 15% of the market in 2015. Transparency Market Research (TMR) notes that companies in the market have been entering into strategic alliances and making investments for product innovation and development of new facilities to stay competitive with local as well as...
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