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Retail Logistics Market size is set to grow by USD 265.5 billion from 2024-2028, Rise in international retailing to boost the market growth, Technavio

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NEW YORK, June 7, 2024 /PRNewswire/ — The global retail logistics market size is estimated to grow by USD 265.5 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 14.37% during the forecast period. Rise in international retailing is driving market growth, with a trend towards use of sustainable logistics. However, operational inefficiencies poses a challenge. Key market players include Burris Logistics Co., C H Robinson Worldwide Inc., DB Schenker, Deutsche Post AG, DSV AS, Expeditors International of Washington Inc., FedEx Corp., Hub Group Inc., J B Hunt Transport Services Inc., Kenco Group Inc., Kuehne Nagel Management AG, Lineage Logistics Holdings LLC, Nippon Express Holdings Inc., Penske Corp., Ryder System Inc., Schneider and Cie. AG, Total Quality Logistics LLC, Uber Technologies Inc., United Parcel Service Inc., and XPO Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – View the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Mode Of Transportation (Roadways, Railways, Waterways, and Airways), Type (Conventional retail logistics and E-commerce retail logistics), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Burris Logistics Co., C H Robinson Worldwide Inc., DB Schenker, Deutsche Post AG, DSV AS, Expeditors International of Washington Inc., FedEx Corp., Hub Group Inc., J B Hunt Transport Services Inc., Kenco Group Inc., Kuehne Nagel Management AG, Lineage Logistics Holdings LLC, Nippon Express Holdings Inc., Penske Corp., Ryder System Inc., Schneider and Cie. AG, Total Quality Logistics LLC, Uber Technologies Inc., United Parcel Service Inc., and XPO Inc.

Key Market Trends Fueling Growth

Retailers in the global logistics market are making eco-friendly adjustments to their operations, adopting sustainable measures to decrease energy usage, carbon emissions, and resource consumption. Vendors are transitioning to electric vehicles for merchandise transportation, contributing to a reduced carbon footprint and enhanced brand image. Sustainable logistics strategies are essential for retailers to meet environmental and social sustainability goals, save costs, and remain competitive in the market.

The retail logistics market is experiencing significant trends with the increasing adoption of technology. Companies are implementing automated systems for inventory management and order fulfillment. Drones and autonomous vehicles are being used for delivery, reducing delivery times and costs. E-commerce is driving the need for faster and more efficient supply chain operations.

Cost-effective solutions like cloud computing and big data analytics are being utilized for demand forecasting and inventory optimization. Additionally, sustainability is a growing concern, leading to the use of green logistics practices and the implementation of circular supply chains. Overall, technology, e-commerce, and sustainability are shaping the future of retail logistics.

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

Retail logistics face operational inefficiencies due to siloed information and lack of communication between stakeholders. Traditional spreadsheets are insufficient for managing retail supply chains, leading to errors and reduced transparency. Enterprise resource planning software is essential for retailers to optimize resources, reduce inventory, and accelerate product cycle times. The absence of efficient processes hampers the ability to manage complexity and change, potentially hindering market growth.The retail logistics market faces several challenges in today’s business environment. One significant challenge is the need for efficient and cost-effective transportation and delivery of goods. This is crucial to ensure products reach customers in a timely and accurate manner. Another challenge is the increasing demand for faster delivery times, which puts pressure on logistics providers to optimize their supply chain operations.Additionally, the rise of e-commerce has led to an increase in parcel delivery, requiring specialized handling and delivery methods. Lastly, the implementation of digital technologies such as automation and real-time tracking is essential to improve operational efficiency and enhance customer experience. Overall, retail logistics providers must adapt to these challenges to remain competitive and meet the evolving needs of consumers and businesses.

For more insights on driver and challenges – Download a Sample Report

Segment Overview

Mode Of Transportation1.1 Roadways1.2 Railways1.3 Waterways1.4 AirwaysType2.1 Conventional retail logistics2.2 E-commerce retail logisticsGeography3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Roadways- The roadways segment is expected to see significant growth, driven by increased truck production and demand from retail and manufacturing. Technological advances and the expanding e-commerce industry are boosting the need for road transportation. Valued at USD 58.90 billion in 2017, this segment benefits from urbanization and population growth.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Research Analysis

The Retail Logistics Market encompasses the efficient movement and delivery of durable and non-durable goods on a global scale. This includes multimodal transportation via Trains, Trucks, Ships, and Airplanes, as well as e-commerce and urbanization’s impact on last-mile delivery and after-sales logistics.

Big data analytics and artificial intelligence optimize inventory management and warehouse productivity, reducing fulfillment expenses. International commerce operations rely on logistical infrastructure, such as logistics parks and railcars, to ensure fast delivery and maintain competitiveness in the globalized market. Tax money is invested in improving infrastructure and technology to keep up with the demands of international competition.

Market Research Overview

The Retail Logistics Market encompasses the transportation, storage, and management of goods from manufacturers to retail stores. This market is driven by the increasing demand for efficient and cost-effective supply chain solutions. The use of advanced technologies such as automation, robotics, and real-time tracking systems is transforming retail logistics. The market is segmented based on the type of goods transported, including fast-moving consumer goods (FMCG), electronics, and industrial goods.

The retail logistics industry is also influenced by various factors such as consumer behavior, government regulations, and economic conditions. The market is expected to grow significantly in the coming years due to the increasing globalization and the rising trend of e-commerce. The implementation of sustainable logistics practices is also gaining importance in the retail logistics industry.

Table of Contents:

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

Mode Of TransportationRoadwaysRailwaysWaterwaysAirwaysTypeConventional Retail LogisticsE-commerce Retail LogisticsGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

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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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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39 minutes ago

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July 23, 2026

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

Published

39 minutes ago

on

July 23, 2026

By

NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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Fathom Applauds Introduction of the FRONTIER Act, the First Federal Blueprint for Independent AI Verification

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39 minutes ago

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July 23, 2026

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Reps. Lori Trahan (D-MA-03) and Jay Obernolte (R-CA-23) introduce a bill to build a competitive marketplace of independent verifiers for frontier AI models.

WASHINGTON, July 23, 2026 /PRNewswire/ — Fathom welcomes the introduction of the FRONTIER Act, the most complete federal framework yet for independent, third-party verification of frontier AI. The legislation is built to earn public trust as AI technology continues to accelerate. As frontier systems begin to take autonomous action in the world, the gap between what these models can do and our ability to keep them in check is widening. FRONTIER is the starting point to close that gap.

“AI governance keeps running into the same wall. The technology is hard to measure and it moves faster than any law can keep up with,” said Andrew Freedman, Co-Founder and CEO of Fathom. “Trying to write the perfect rules and freezing them in place won’t work. What will work is a competitive market of independent verifiers who are accountable for real-world outcomes and who the government can actually count on. The FRONTIER Act shows we can move fast and still get this right.”

The bill gets the fundamentals correct. It sets one public standard – the adequate mitigation of catastrophic risk – and holds both the AI companies and their independent verifiers accountable to it. FRONTIER does not freeze a single testing method into statute. Instead, it licenses competing verification organizations, allows them to sharpen their methods, and gives the government the power to revoke a license when a verifier’s work does not hold up in the field. That is how you build a system that keeps pace with the science instead of falling behind it.

Fathom thanks Reps. Trahan and Obernolte for their leadership, and for their courage in releasing a discussion draft, inviting scrutiny, and incorporating substantive improvements from across the field. One priority improvement as the bill advances: giving the government a fuller range of tools to act upstream – for pushing companies to close identified gaps in risk mitigation early, rather than only once a catastrophe is imminent. We are committed to working with these sponsors, committees of jurisdiction, and Congressional leadership to continue refining the bill in the weeks and months ahead.

About Fathom
Fathom is an independent nonprofit whose mission is to build a governance architecture that helps society navigate the transition to a world with AI by fostering trust, safety, and innovation. Fathom has developed and championed the independent verification model for AI and works with policymakers across the country to put it into practice. Learn more at http://fathom.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fathom-applauds-introduction-of-the-frontier-act-the-first-federal-blueprint-for-independent-ai-verification-302833546.html

SOURCE Fathom AI Inc.

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