Middle Mile Delivery Market Report 2024 – Middle Mile Delivery Market Size, Share And Trends | United Parcel Service Inc. (UPS), DHL Supply Chain, FedEx Corporation

The middle mile delivery market size is expected to see strong growth in the next few years. It will grow to $166.99 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to the growth of e-commerce and online retail, increasing consumer demand for faster delivery times, the expansion of global and cross-border trade, rising urbanization, and rising demand for perishable goods. Major trends in the forecast period include advanced algorithms and artificial intelligence (AI), increasing technological advancements, the emergence of drones and autonomous vehicles, the integration of internet of things (IoT) devices, and advancements in route optimization software.

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Scope Of Middle Mile Delivery Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Middle Mile Delivery Market Overview

Market Drivers –
The rapid growth of e-commerce is expected to propel the growth of the middle mile delivery market going forward. E-commerce, or electronic commerce, refers to the buying and selling of goods and services online, using digital platforms and electronic payment systems. E-commerce is growing rapidly due to the convenience of online shopping, a broader product selection, and the increasing adoption of mobile shopping and digital payments. Middle-mile delivery supports e-commerce by efficiently moving goods from warehouses to local hubs, reducing delivery times and costs, and ensuring products are quickly positioned for last-mile delivery to customers. For instance, in May 2024, according to the United States Census Bureau, a US-based government agency, the estimated U.S. retail e-commerce sales for the first quarter of 2024 reached $289.2 billion, marking a 2.1 percent (±0.7%) increase from the fourth quarter of 2023. Therefore, the rapid growth of e-commerce is driving the growth of the middle mile delivery market.

Market Trends –
Major companies operating in the middle mile delivery market are increasing their focus on investing in technologically advanced solutions, such as middle-mile logistics services, to enhance operational efficiency and streamline the delivery process. Middle-mile logistics service refers to the segment of the supply chain that involves the transportation of goods between a company’s distribution centers and the final delivery hubs or retail locations. For instance, in November 2024, AIT Worldwide Logistics, Inc., a US-based freight forwarder company, launched its expedited Middle Mile Network service, which aims to provide a faster, more secure, and cost-effective alternative to traditional expedited less-than-truckload (LTL) shipping. The service connects over 90% of major U.S. metropolitan areas through strategic hubs in cities like Atlanta, Chicago, Columbus, Dallas, and Los Angeles. The network operates on more than 160 shipping lanes, facilitating expedited door-to-door deliveries. This model allows for consolidated pickups and transfers, significantly improving transit times compared to standard LTL shipping. Targeted primarily at importers and large enterprises shipping heavy freight, the service is designed to enhance logistics efficiency ahead of the peak holiday season, with plans for future expansion into Canada and Mexico.

The middle mile delivery market covered in this report is segmented –
1) By Service Type: Warehousing And Distribution, Freight Forwarding, Transportation Management
2) By Transportation Mode: Roadways, Railways, Airways, Maritime
3) By End User Industry: Retail And E-Commerce, Manufacturing, Healthcare, Automotive, Food And Beverage, Energy And Utilities, Aerospace And Defense, Other End User Industries

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Regional Insights –
North America was the largest region in the middle mile delivery market in 2023. The regions covered in the middle mile delivery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies –
Major companies operating in the middle mile delivery market are United Parcel Service Inc. (UPS), DHL Supply Chain, FedEx Corporation, Blue Dart Express, Kuehne + Nagel International AG, DSV Panalpina A/S, DB Schenker, C.H. Robinson Worldwide Inc., Nippon Express, CEVA Logistics, Expeditors International, J.B. Hunt Transport Services, Geodis, Ryder System Inc., XPO Logistics, Toll Group, TForce Logistics, Hub Group, Werner Enterprises, Americold Logistics LLC, Agility Logistics, GEFCO Group, NFI Industries, Penske Logistics, Uber Freight, Cardinal Logistics Management, Lineage Logistics LLC, Rhenus Group

Table of Contents
1. Executive Summary
2. Middle Mile Delivery Market Report Structure
3. Middle Mile Delivery Market Trends And Strategies
4. Middle Mile Delivery Market – Macro Economic Scenario
5. Middle Mile Delivery Market Size And Growth
…..
27. Middle Mile Delivery Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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