DUBLIN, Sept. 16, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Intermodal Freight Transportation Market by Solutions, & by Services - Worldwide Forecast & Analysis (2014-2019)" report to their offering.

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Freight transportation plays a vital role in the development of any economy. The overall freight transportation system has evolved due to various technological advancements (containerization, vehicle tracking, route manage optimizers, and liquid threat scanners) over the years. Each of the transportation modes be it air, land or water have been influenced and molded to be most cost effective, efficient, and reliable. The intermodal freight transportation is a part of freight management, which involves the use of at least two or more modes to move a particular shipment from its origin to its assigned destination. The global intermodal freight transportation market is estimated to be $12.28 billion in 2014 and is expected to grow to $26.19 billion in 2019, at a Compound Annual Growth Rate (CAGR) of 16.4% from 2014 to 2019.

Containerization has been the biggest driver for this market. This is because it has eliminated the major risk of intermodal transportation, the probability of cargo getting damaged because of the change in modes. Traditionally, when modes used to change, the goods were unpacked and repacked according to the new vehicle, but due to containerization repackaging is not required. This has resulted as a complete revolution in the transportation industry, increasing the volume of cargos shipped daily. However, the biggest challenge with intermodal freight transportation is that the transportation agencies are still structured around single modes. To eliminate this issue, a new structure needs to be designed, having better communication and collaboration between logistics companies and transportation agencies.

In this report, the intermodal freight transportation market is segmented into solutions, services, mode, verticals, and regions. The solutions are further divided into fleet management, intermodal dispatch, warehouse, Electronic Data Interchange (EDI), freight security, and intermodal terminal. The fleet management constitutes of solutions like fuel management, driver safety, vehicle tracking, journey management, and others, which are used to reduce costs, safety, improve competitive edge, and streamline processes. The services market includes consulting services, managed services, and customization services. This market is divided on the basis of geographies which include North America (NA), Europe, Asia Pacific (APAC), Middle East (MEA), and Latin America.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Market Size and Forecast, By Solution

8 Market, By Service

9 Market, By Mode

10 Market, By Vertical

11 Market, By Region

12 Competitive Landscape

13 Company Profiles

14 Appendix

Companies Mentioned:

• Aljex Software, Inc.
• Cognizant
• GE Transportation
• Highjump Software, Inc.
• IBM
• Motorola Solutions, Inc.
• Profit Tools, Inc.
• TMW Systems, Inc.
• Trinium Trucking Systems (IAS)
• Wisetech Global

For more information visit http://www.researchandmarkets.com/research/p7jsh4/intermodal

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets