Brazil Road Freight Future Outlook And Projections: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit HOW BRAZIL ROAD FREIGHT MARKET EVOLVED? Brazil transports ~ % of the cargo by road due to its strategic location. Around ~ % of the cargo is transported by road if materials such as iron ore and oil are excluded from the product list. The country has structural issues such as logistics infrastructure and cumbersome custom procedures resulting in long queues at the seaports. The preference for road transport has logistical reasons, such as the possibility of splitting the cargo to be distributed in smaller lots, more suited to the practice of just in time (JIT). The growing health and pharmaceutical industry, e commerce and express market are contributing the increasing share of Road Freight in Brazil. Also, other means such as rail are concentrated in south east part of the country. Brazil Road Freight market was evaluated to grow from USD ~ million in 2013 to USD ~ million in the year 2018 at a compounded annual growth rate (CAGR) of ~% during the period. In 2014-2016, Brazil was hit by recession due to the excessive public spending and bad harvest. The country was hit back by a strike in 2018 by the truck drivers because the fuel prices rose from BRL ~ to BRL ~ per litter. The sector is facing logistical challenges such as road accidents and theft, damaged roads in north-eastern part of Brazil, high logistics cost with low margins. Electronic freight payment, toll vouchers, Minimum freight Charges based on vehicle type and distance travelled are regulating the Road Freight in Brazil. BRAZIL ROAD FREIGHT MARKET SEGMENTATION By Domestic and International Road Freight: The domestic shipment includes local transportation of goods within Brazil. Almost about ~% of the cargo is transported by road domestically in the country. By Domestic Flow Corridors Sau Paulo-Rio De Janeiro is the largest contributor in terms of revenue in Road Freight. Others include regions such as Rio de Janeiro, Mato Grosso, Rio Grande Do Sul, Parana and many more. By International Flow Corridors Trade with Argentina, Paraguay, Uruguay and other South American countries is easily done by road due to the free trade agreements and MERCOSUR agreement with the countries. Brazil trades the most with Argentina by Road. By End Users The major end users of freight forwarding services in Brazil include the Food and Beverage industry followed by rising automotive sector. Consumer retail is rising due to e commerce and retail stores. By Contract and Integrated: Contract Logistics in Brazil has been thriving with a share of ~% in overall market revenue. The companies outsource the work to self employed truckers. BRAZIL ROAD FREIGHT FUTURE OUTLOOK AND PROJECTIONS Brazil Road Freight Market is projected to grow at a CAGR of ~% during the forecast period 2018-2023 due to concessioning the highway development projects to private companies. The revenue from freight forwarding market by road is anticipated to grow from USD ~ Million in 2018 to USD ~ Million by the year ending 2023. The key growth drivers for the market include the rising m commerce market due to flourishing E commerce websites and ease in payment process, rising retail stores and supermarket products for healthier products, improvements in automotive sector and healthcare industry that will drive the Road Freight market in future. The International road freight is expected to increase due to the free trade agreements with Chile, Inclusion of Bolivia in MERCOSUR and highway developments to connect nearby countries by road. Upcoming rail projects in the region are expected to reduce the domestic freight movement as railways are cheaper means to transport bulk goods over long distances. Electronic freight payments, toll vouchers and minimum freight charges by the government will make the market more regulated. COMPETITIVE SCENARIO IN BRAZIL ROAD FREIGHT MARKET The industry is quite fragmented with more than ~ carrier companies registered under National Register of Freight Haulers. The industry is dominated by local domestic players including JSL S.A, Ritmo logistics, Braspress Logistics, Nepomucena Express and many more that outsource their work to self employed truck drivers. International players such as DHL Global forwarding, Kuehne +Nagel and CEVA logistics also partner with local companies for their fleet and contacts. The Industry is dominated by self-employed truck drivers that are either contacted by the companies directly or connect with companies based on their ratings on aggregator type platforms such as Truckpad and CargoX for better fares. The Industry is at a growth stage in terms of parameters such as technology, efficiency and service portfolio but the logistics cost is very high with low margins in the market. For more information, refer to below link: Brazil Road Freight Market Related Reports Uganda Freight Forwarding Market Outlook To 2023 – By Road, Rail And Air Freight; International And Domestic Freight, Integrated And Contract Freight And By End Users (Food And Beverages And Consumer Retail, Automotive, Healthcare And Others) Kenya Freight Forwarding Market Outlook To 2023 – By Sea, Land, Air, Rail And Pipeline Freight; International And Domestic Freight, Integrated And Contract Logistics Freight Forwarding Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: An Overview of Road Cargo Transport in Brazil, Best Shipping & Freight Logistics Company in Brazil, Braspress Transporte Market Brazil, Brazil Automotive Sector Market, Brazil Domestic Road Freight, Brazil Electronic Freight Payment, Brazil Freight Transport & Shipping Report, Brazil Green Freight Transport Report, Brazil Integrated Road Freight Market, Brazil Integrated Road Logistics Market, Brazil International Road Freight, Brazil Logistics & Shipping Market Research Reports, Brazil MERCOSUR Agreement, Brazil minimum freight rates hurt port cargos, Brazil Outsourced Road Freight Market, Brazil Outsourced Road Logistics Market, Brazil RNTRC, Brazil Road Developments, Brazil Road Exports Market, Brazil Road Fleets Market, Brazil Road Freight Competition Scenario, Brazil Road Freight Forwarding Market Future Outlook, Brazil Road Freight Forwarding Market Major Companies, Brazil Road Freight Industry, Brazil Road Freight Industry Research Report, Brazil Road Freight Market, Brazil Road Freight Market Forecast, Brazil Road Freight Market Future Outlook, Brazil Road Freight Market Growth, Brazil Road Freight Market Key Players, Brazil Road Freight Market Overview, Brazil Road Freight Market Research, Brazil Road Freight Market Research Report, Brazil Road Freight Market Revenue, Brazil Road Freight Market Sales, Brazil Road Freight Market Scope, Brazil Road Freight Market Segmentation, Brazil Road Freight Market share, Brazil Road Freight Market Size, Brazil Road Freight Market Trends, Brazil Road Freight Market Value, Brazil Road Freight Revenue, Brazil Road Imports Market, Brazil Road Logistics Competition Scenario, Brazil Road Logistics Industry, Brazil Road Logistics Minimum Freight Charges, Brazil Road Logistics Revenue, Brazil Road private Concessions, Brazil Transportation Market Analysis & Forecast, Brazil Trucking Revenue, Brazil Truckpad Brazil CargoX, CEVA logistics Market Brazil, Crescimento do mercado de frete rodoviário no Brasil, DHL Global Forwarding Brazil, Escopo do mercado de frete rodoviário no Brasil, Expresso Nepomucena Logistics Brazil, Find a freight Forwarder in Brazil, Freight and Logistics Market in Brazil, JSL S.A. Logistics Brazil, Kuehne+Nagel Market Brazil, Mercado de frete rodoviário, Mercado de frete rodoviário no Brasil, Participação no mercado de frete rodoviário no Brasil, Perspectivas para o mercado rodoviário de mercadorias no Brasil, Pesquisa de mercado de frete rodoviário no Brasil, Previsão do mercado de frete rodoviário no Brasil, Principais agentes do mercado rodoviário de mercadorias no Brasil, Receita do mercado de frete rodoviário no Brasil, Relatório de pesquisa da indústria de frete rodoviário no Brasil, Relatório de pesquisa de mercado de frete rodoviário no Brasil, Ritmo Logistics Market Brazil, Road Freight Market, Road Freight Transport Brazil, Road Freight Transport Regulations, Road Passenger and Freight Transport in Brazil, Road Transport Industry in Brazil Market Research, Segmentação do mercado de frete rodoviário no Brasil, Setor de frete rodoviário no Brasil, Tamanho do mercado de frete rodoviário no Brasil, Tendências do mercado de frete rodoviário no Brasil, Truck freight prices Brazil, Valor de mercado do frete rodoviário no Brasil, Visão geral do mercado rodoviário de mercadorias no Brasil