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Road Freight Transportation Market in Europe to Grow by USD 41.2 Billion (2025-2029), Key Role in Intermodal Transport Boosts Market, AI-Powered Evolution – Technavio

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NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The Road freight transportation market in Europe size is estimated to grow by USD 41.2 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 1.8%  during the forecast period. High significance of road freight in intermodal transportation is driving market growth, with a trend towards growing digital transformation in road freight transportation. However, competitive pricing and higher operational costs of road freight transportation  poses a challenge. Key market players include AP Moller Maersk AS, CEVA Logistics, DACHSER SE, DB Schenker, Deutsche Bahn AG, Deutsche Post AG, DSV AS, Ewals Cargo Care Holdings BV, FedEx Corp., GEODIS, H.Essers, Hellmann Worldwide Logistics SE and Co KG, Kuehne Nagel Management AG, MARITIMA SURESTE SHIPPING SLU, Raben Group, Rhenus SE and Co. KG, Schneider and Cie. AG, UAB Girteka Logistics, XPO Inc., and Ziegler Group Corp..

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Road Freight Transportation Market In Europe Scope

Report Coverage

Details

Base year

2024

Historic period

2019-2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 1.8%

Market growth 2025-2029

USD 41.2 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

1.7

Regional analysis

Europe

Performing market contribution

Europe at 100%

Key countries

Germany, Spain, UK, France, and Rest of Europe

Key companies profiled

AP Moller Maersk AS, CEVA Logistics, DACHSER
SE, DB Schenker, Deutsche Bahn AG, Deutsche
Post AG, DSV AS, Ewals Cargo Care Holdings
BV, FedEx Corp., GEODIS, H.Essers, Hellmann
Worldwide Logistics SE and Co KG, Kuehne
Nagel Management AG, MARITIMA SURESTE
SHIPPING SLU, Raben Group, Rhenus SE and
Co. KG, Schneider and Cie. AG, UAB Girteka
Logistics, XPO Inc., and Ziegler Group Corp.

Market Driver

Europe’s Road Freight Transportation Market is experiencing significant trends in logistics, particularly in the use of trucks and vans for cargo transportation. Production trends show a rise in door-to-door delivery services due to e-commerce growth. Neighboring countries’ trade agreements and economic recovery impact road freight volume. Retail e-commerce and end-user industries like food & beverages, petroleum needs, and metal & mining rely on road freight solutions. Intermodal transportation and cross-border trade activities are also increasing. Diesel imports and logistics providers’ core competencies are key factors. UPS, Custom, and third-party logistics (3PL) firms offer contract logistics services. Impacting factors include just-in-time manufacturing, RFID tags, globalization, IT solutions, and the multi-modal system. Travel bans, quarantines, movement restrictions, border controls, and closures due to health screening are challenges. 

The European road freight transportation sector is undergoing a significant digital transformation. This revolution is altering the way supply chains function, boosting efficiency, transparency, and responsiveness. At the heart of this shift are advanced technologies like artificial intelligence (AI), the Internet of Things (IoT), data analytics, and blockchain. AI and data analytics provide predictive insights and real-time decision-making through the analysis of extensive data, optimizing routes, anticipating demand, and improving resource allocation. The IoT links devices, vehicles, and equipment, enabling real-time tracking, remote monitoring, and uninterrupted communication among all involved parties. 

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 Market Challenges

The European road freight transportation market is experiencing significant challenges due to production trends and the rise of e-commerce. With the increase in retail e-commerce sales, there is a growing demand for door-to-door delivery services, putting pressure on logistics transportation providers to offer efficient solutions. Neighboring countries and domestic markets are key players in cross-border trade activities, but trade agreements and travel bans due to the economic recovery from the pandemic are impacting factors. Truck and van cargo volumes are at record highs, with core competencies of logistics providers including UPS, Custom, and third-party logistics (3PL) firms, essential for meeting the needs of end user industries such as food & beverages, petroleum, metal & mining, and just-in-time manufacturing. Intermodal transportation and last-mile delivery services are crucial for supply chain efficiency, with IT solutions and software, RFID tags, and a multi-modal system essential for managing the complexities of road freight solutions. However, diesel imports, movement restrictions, border controls, and quarantines are impacting the market, with the globalization of the e-commerce industry and the need for intermodal transportation and cross-border trade activities adding further complexity. Logistics firms must adapt to these challenges and offer contract logistics services to remain competitive.The European road freight transportation market experiences instability due to the volatile prices of crude oil, which significantly impacts operational costs. Fuel expenditure, a substantial portion of operational expenses, is subject to fluctuations, making the market susceptible to price changes. For instance, the 2021 Suez Canal blockage resulted in increased fuel prices, leading to higher operational expenses for carriers, negatively affecting profitability. This unpredictability hinders businesses from creating accurate budgets, planning long-term investments, and offering competitive pricing, posing a persistent financial challenge for market participants.

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Segment Overview 

This road freight transportation market in Europe report extensively covers market segmentation by  

Vehicle Type1.1 Medium and heavy commercial vehicle1.2 Light commercial vehicleProduct 2.1 Food and beverages2.2 Metals and mining2.3 Dangerous goods2.4 Agriculture2.5 OthersGeography 3.1 Europe

1.1 Medium and heavy commercial vehicle-  The European road freight transportation market is primarily driven by the demand for medium and heavy commercial vehicles. These vehicles offer versatility in accommodating various cargo requirements, making them the preferred choice. Major players like Volvo, DAF Trucks, and Mercedes-Benz dominate the market with advanced versions boasting larger payloads, improved fuel efficiency, and emissions compliance. The market is witnessing a shift towards electric and hybrid models due to stringent environmental regulations. E-commerce growth is fueling the need for efficient logistics, pushing the market forward. However, challenges persist, including insufficient alternative fuel infrastructure and driver shortages. The future of the market is shaped by sustainability, with innovations like autonomous driving and networking enhancing operational efficiency and safety. As a result, the demand for medium and heavy commercial vehicles is projected to rise, driving market growth throughout the forecast period.

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Research Analysis

The European road freight transportation market is a vital component of the continent’s logistics sector, facilitating the movement of goods and services between manufacturing hubs, retailers, and consumers. Production trends in manufacturing industries continue to drive the demand for road freight transportation, with an increasing focus on door-to-door delivery services to ensure timely and efficient supply chain operations. The rise of e-commerce and retail e-commerce has further boosted the market, as consumers expect faster delivery times and greater convenience. Domestic and neighboring countries are key markets, with the common border facilitating seamless transportation. Trade agreements and economic recovery are also significant factors influencing the road freight volume. Transportation projects and the development of advanced roadways further enhance the market’s growth prospects. Trucks and vans remain the primary modes of transportation for cargo, with a growing emphasis on fuel efficiency and sustainability.

Market Research Overview

The European road freight transportation market is experiencing significant growth due to increasing production trends, domestic and cross-border trade activities, and the in e-commerce. Door-to-door delivery services, last-mile delivery solutions, and intermodal transportation are becoming increasingly popular. E-commerce, particularly retail e-commerce, is driving the demand for logistics transportation, with food & beverages, petroleum needs, and metal & mining being key end-user industries. The market is witnessing record highs in road freight volume due to the economic recovery of European countries and the impact of trade agreements with neighboring countries. Diesel imports, third-party logistics (3PL), and contract logistics services are core competencies of logistics providers. However, the market is facing challenges such as travel bans, quarantines, movement restrictions, border controls, and closures due to the global pandemic. RFID tags, IT solutions, and software are being integrated into the multi-modal system to enhance supply chain efficiency. The road freight transportation market is expected to continue its growth trajectory, impacted by various factors including just-in-time manufacturing, globalization, and the evolving needs of the e-commerce industry.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Vehicle TypeMedium And Heavy Commercial VehicleLight Commercial VehicleProductFood And BeveragesMetals And MiningDangerous GoodsAgricultureOthersGeographyEurope

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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The 3rd China-ASEAN Innovation and Entrepreneurship Competition is now recruiting

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KUALA LUMPUR, Malaysia, Feb. 27, 2025 /PRNewswire/ — In collaboration with ASEAN Secretariat, the Ministry of Science and Technology of the People’s Republic of China will host the 3rd China-ASEAN Innovation and Entrepreneurship Competition.

Recently, the organizing committee of the competition, together with TusStar Malaysia,has successively conducted multiple promotional events and competitions in ASEAN countries such as Thailand, Indonesia, Malaysia, Vietnam, and Singapore, receiving enthusiastic responses from universities, innovation institutions, and science parks.

Welcome to join this international competition, showcase your entrepreneurial talent, and win generous prizes and honors!

Reason

Authoritative Endorsement: A national-level competition that bridges innovative resources between China and ASEAN.

Substantial Incentives: Total prize exceeding with RMB 500,000.

Global Exposure: Winning projects will gain international media spotlight, investment matchmaking, and support for market entry in ASEAN.

Fields

The Competition focuses on green and low-carbon technologies, as well as AI+ innovations across various fields, including but not limited to: energy conservation and environmental protection, new energy, new energy vehicles, new materials, carbon neutrality technologies, circular economy, and more.

Awards

Awards for Team Group

A total of the 6 entries will be awarded prizes and certificates of honor, namely 1 first prize with an award of RMB 50,000, 2 second prizes with RMB 30,000 each, and 3 third prizes with RMB 10,000 each.

Awards for Enterprise Group

A total of the 6 entries will be awarded prizes and certificates of honor, namely 1 first prize with an award of RMB 50,000, 2 second prizes with RMB 30,000 each, and 3 third prizes with RMB 10,000 each.

Creativity Star

A total of the 8 entries from Team Group and Enterprise Group ranked 13th to 20th in the Final will be awarded prizes and certificates of honor, with an award of RMB 4,000 each.

Cooperation Star

A total of the top 8 entries from Team Group or Enterprise Group that do not advance to the Final, while demonstrating China-ASEAN cooperation, will be awarded prizes and certificates of honor, with an award of RMB 4,000 each.

Participation Method:

You may find more information and download registration form through the following link:

http://www.caiec.cattc.org.cn:480/resource/offWeb/match/index.html

Please send all the registration materials to the mailbox caiec2022@vip.163.com (CC:caiecserviceteam@gmail.com).

The Final of the competition will be held tentatively in July 2025 in Kuala Lumpur, Malaysia

From Startup to Success, the competition will provide you with comprehensive support and opportunities to showcase your talents. Take Your Business to the Next Level. Seize the Opportunity and Register Now! 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/the-3rd-china-asean-innovation-and-entrepreneurship-competition-is-now-recruiting-302386803.html

SOURCE TusStar

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Practicing Sustainability: DEKRA Honored with ‘Global Eco Partner Award’

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BEIJING, Feb. 27, 2025 /PRNewswire/ — At the 2025 Automotive Supply Chain New Ecology Conference, organized by China Automotive News under the guidance of China Energy & Automotive Media Group Ltd., DEKRA was recognized with the prestigious Global Eco Partner Award. This accolade highlights DEKRA’s outstanding contributions to the automotive supply chain ecosystem.

Driving a New Ecosystem, Shaping a Sustainable Future

With the rapid growth of the new energy vehicle market, advancements in battery technology, automated and connected driving have accelerated the transformation of supply chain enterprises. This shift not only facilitates the new energy vehicle industry but also injects new vitality into the entire automotive supply chain.

The conference aimed to foster an open, collaborative, and inclusive industrial ecosystem, strengthening innovation-driven development, promoting the deep integration of the automotive supply chain and achieving sustainable development. Industry leaders, corporate executives, and experts convened to explore emerging trends, opportunities, and challenges while sharing best practices and strategies for enhancing cross-sector collaboration and sustainable business models.

DEKRA: Empowering the Future of the Automotive Supply Chain

As a global leader in safety, security and sustainability, DEKRA provides comprehensive services across the automotive supply chain, including homologation, testing and certification for automotive components, audit and management system certification, as well as cybersecurity and functional safety services.

Receiving the Global Eco Partner Award reaffirms DEKRA’s dedication to advancing the automotive supply chain ecosystem. Looking ahead, DEKRA remains committed to sustainability, continuously innovating service portfolio and enhancing service quality. Through close collaboration with global partners, DEKRA aims to build a safe, sustainable, and mutually beneficial automotive supply chain.

DEKRA is a global leader in testing, inspection, and certification, dedicated to becoming a trusted partner in safety and sustainability. With outstanding performance in corporate social responsibility and sustainability management, DEKRA holds a Platinum rating from EcoVadis, placing it among the top 1% of the world’s most sustainable companies.

About DEKRA

For 100 years, DEKRA has been a trusted name in safety. Founded in 1925 with the original goal of improving road safety through vehicle inspections, DEKRA has grown to become the world’s largest independent, non-listed expert organization in the field of testing, inspection, and certification. Today, as a global partner, the company supports its customers with comprehensive services and solutions to drive safety and sustainability forward—fully aligned with DEKRA’s anniversary motto, “Securing the Future.” In 2024, DEKRA is expected to generate revenue of 4.3 billion euros. Around 49,000 employees are providing qualified and independent expert services in approximately 60 countries across five continents. DEKRA holds a Platinum rating from EcoVadis, placing it among the top 1% of the world’s most sustainable companies.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/practicing-sustainability-dekra-honored-with-global-eco-partner-award-302386825.html

SOURCE DEKRA Asia Pacific

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YeahIPTV Expands 8K IPTV Offerings Amid Growing Demand for High-Resolution Streaming in 2025

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BOSTON, Feb. 26, 2025 /PRNewswire/ — In a significant move for the IPTV industry, YeahIPTV has announced a new, lower pricing structure, making 8K Ultra-HD streaming more accessible than ever before. As the demand for high-resolution streaming, multi-device access, and seamless viewing experiences continues to grow, YeahIPTV aims to position itself as the go-to choice for users seeking premium IPTV at a competitive price point. Industry analysts at Radiumify Limited note that this shift reflects broader trends in the IPTV market, where affordability and quality are becoming key differentiators.

Unmatched 8K Streaming for a Superior Viewing Experience

The introduction of 8K streaming on all channels marks a major milestone in IPTV services. With crystal-clear resolution, improved color accuracy, and ultra-smooth frame rates, YeahIPTV ensures users can experience live TV, sports, and on-demand content at the highest quality available in 2025. While traditional cable and mainstream streaming platforms continue to limit their resolution capabilities, YeahIPTV is setting a new industry benchmark by offering 8K across its entire catalog.

Streaming on Up to 5 Devices from Different Locations

Flexibility remains a core feature of YeahIPTV‘s latest offering. Users can now stream on up to five devices simultaneously, each from a different IP address, allowing families, friends, or even business users to enjoy content without restrictions. Whether accessing live sports, premium entertainment, or international TV channels, subscribers can watch from multiple locations, making YeahIPTV an ideal solution for those who travel frequently or have shared access needs.

Revolutionizing IPTV Payments with Cryptocurrency

YeahIPTV is also embracing a future-forward payment model, becoming one of the few IPTV providers to exclusively accept Bitcoin and other cryptocurrencies. This shift enhances security, privacy, and global accessibility, ensuring users can subscribe from anywhere in the world without the limitations of traditional banking.

“By adopting cryptocurrency as our sole payment method, we’re offering customers an extra layer of privacy and financial freedom,” said a spokesperson for YeahIPTV. “This approach eliminates the risks of chargebacks, protects user data, and enables seamless transactions worldwide.”

The Growing Demand for Affordable IPTV Solutions

Industry analysts predict that IPTV will continue to disrupt the traditional television industry, particularly as fiber-optic networks, 5G expansion, and broadband advancements make ultra-high-definition streaming more viable. Consumers are shifting toward IPTV solutions that offer:

Cost savings over traditional cable and satellite TV.A wider selection of international channels and on-demand content.Higher resolution streaming with lower latency.Flexible multi-device access without geographical restrictions.

With mainstream streaming platforms increasing their subscription fees and limiting content availability due to licensing restrictions, IPTV providers like YeahIPTV are bridging the gap by offering premium services without excessive costs. The newly adjusted pricing aims to reinforce this value-driven approach while ensuring users receive the highest-quality entertainment experience available today.

YeahIPTV’s latest pricing update is expected to make 8K streaming more accessible to a global audience, providing subscribers with an affordable alternative to traditional pay-TV models. With the added benefits of multi-device streaming, cryptocurrency payments, and a robust content library, the service continues to position itself as a leader in the IPTV market.

For more information about YeahIPTV’s pricing plans and features, visit YeahIPTV’s website.

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