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Drayage Services Market to grow by USD 3.60 Billion (2024-2028), driven by the expanding manufacturing sector, Report on how AI is redefining the market – Technavio – Technavio

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NEW YORK, Dec. 16, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global drayage services market  size is estimated to grow by USD 3.60 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 2.52%  during the forecast period. Growing manufacturing industry is driving market growth, with a trend towards growing e-commerce sector. However, shortage of skilled drayage drivers  poses a challenge. Key market players include Asiana USA, Boa Logistics LLC, ContainerPort Group Inc., Continental Logistics, Duncan and Son Lines Inc., Evans Delivery Co. Inc., G and D Integrated, Hub Group Inc., IMC Companies LLC, Interlog USA, ITS Con, J B Hunt Transport Services Inc., Knight Swift Transportation Holdings Inc., NFI Industries Inc., PLS Logistics, PORT CITY LOGISTICS, RoadOne IntermodaLogistics Inc., Schneider National Inc., Taylor Distributing Co., and Trinity Logistics Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Electronics and electrical, Food and beverage, Consumer goods and retail, and Others), Type (Inter-carrier drayage, Expedited drayage, Intra-carrier drayage, Pier drayage, and Others), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)

Region Covered

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

Key companies profiled

Asiana USA, Boa Logistics LLC, ContainerPort Group Inc., Continental Logistics, Duncan and Son Lines Inc., Evans Delivery Co. Inc., G and D Integrated, Hub Group Inc., IMC Companies LLC, Interlog USA, ITS ConGlobal, J B Hunt Transport Services Inc., Knight Swift Transportation Holdings Inc., NFI Industries Inc., PLS Logistics, PORT CITY LOGISTICS, RoadOne IntermodaLogistics Inc., Schneider National Inc., Taylor Distributing Co., and Trinity Logistics Inc.

Key Market Trends Fueling Growth

Drayage services play a crucial role in the logistics industry, facilitating the movement of freight between ports, harbors, warehouses, and intermodal transportation hubs like rail yards. With the boom in e-commerce sales and the need for fast delivery, drayage companies have become essential partners for retailers and manufacturers. Containers, the backbone of intermodal shipping, are moved using trucks, trains, and cargo ships. Drayage services help manage congestion, optimize transportation solutions, and ensure real-time visibility through digital platforms and GPS tracking. Emission standards, congestion management, and infrastructure development are key challenges. The e-commerce industry’s growth, urbanization, and infrastructure bottlenecks drive the need for cost-effective transportation and process automation. Regional variations, trade volumes, and port closures necessitate the use of real-time tracking systems, telematics, and optimization algorithms. The future of drayage services lies in digital platforms, artificial intelligence, blockchain, and autonomous vehicles. 

The e-commerce market is experiencing significant growth and is transforming retail and distribution channels. Customers prefer online shopping due to its convenience, easy access to alternatives, and home delivery services. The increasing use of the Internet and mobile devices is fueling the expansion of the global e-commerce industry. Asia Pacific is the fastest-growing region in this market, driven by the rising purchasing power of its middle class population. This trend has led to an increased demand for drayage services to facilitate the transportation of goods from warehouses to distribution centers and ultimately to consumers’ doors. 

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Market Challenges

The logistics service sector, including freight and shipping industries, faces several challenges in the modern business landscape. With the rise of e-commerce industries and essential goods, there is an increasing demand for fast delivery. Drayage services, which involve the transportation of containers and cargo from ports, harbors, and warehouses to rail yards and distribution centers, play a crucial role in this process. Intermodal shipping using containers and intermodal transportation via trucks, trains, and cargo ships require efficient coordination. Drayage companies face challenges such as infrastructure bottlenecks, congestion, and regional variations in trade volumes. The e-commerce boom and urbanization put pressure on infrastructure development and emission standards. Real-time visibility, data analytics, process automation, and optimization algorithms are essential for cost-effective transportation and efficient cargo handling. Challenges include port closures, containerization, and the need for real-time tracking systems using GPS, telematics, and cloud-based platforms. The integration of artificial intelligence, blockchain, and autonomous vehicles is expected to address some of these challenges. Emission standards, congestion management, and cargo security are also critical concerns.The drayage services market plays a crucial role in delivering goods to various destinations in a timely manner. A streamlined supply chain is essential to meet customer demands and ensure satisfaction. However, the market faces challenges, including a shortage of skilled drayage drivers. This issue is exacerbated by factors such as low wages, long working hours, and the implementation of electronic logging devices (ELDs). Additionally, traffic congestion around ports and metropolitan areas results in significant time spent waiting for delivery. Addressing these challenges is imperative to mitigate their impact on market growth and maintain an efficient drayage services supply chain.

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Segment Overview 

This drayage services market report extensively covers market segmentation by

End-user 1.1 Electronics and electrical1.2 Food and beverage1.3 Consumer goods and retail1.4 OthersType 2.1 Inter-carrier drayage2.2 Expedited drayage2.3 Intra-carrier drayage2.4 Pier drayage2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Electronics and electrical-  The electronics industry experienced a growth spurt in 2023, with expectations of continued significant expansion during the forecast period. Drayage services are essential for the seamless logistics and supply chain operations in the electronics and electrical segment. These services facilitate the transportation of components, parts, and raw materials from ports or manufacturing facilities to assembly plants or warehouses. The industry landscape has evolved over the last decade, with production shifting from high-cost countries to low-cost hubs like China. In 2022, the US, Hong Kong, and China were the top three electronics producers. China has been prioritizing eco-friendly manufacturing practices to reduce greenhouse gas emissions, contributing to increased inter-country trade and the demand for drayage services. The electronics industry’s focus on innovation and digitalization is driving the production of high-performance devices and household appliances, further fueling market growth for drayage services.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

The Drayage Services Market plays a crucial role in the logistics industry, facilitating the movement of freight between ports, harbors, warehouses, and distribution centers. Drayage services involve the transportation of containers and cargo over short distances using trucks, trains, or intermodal transportation. This market is integral to the shipping industry, particularly for intermodal shipping and just-in-time delivery systems. Drayage companies use a variety of equipment, including shipping containers, trailers, and intermodal containers, to transport goods. Rail yards serve as essential hubs for intermodal transportation, allowing for seamless transfer between trucks, trains, and cargo ships. Real-time monitoring and GPS tracking are increasingly important tools for optimizing drayage operations and ensuring efficient, reliable delivery. The market for drayage services is driven by the growth of international trade and the need for timely, cost-effective transportation solutions.

Market Research Overview

The drayage services market encompasses the logistics segment that specializes in the transportation of freight, particularly containers, between ports, harbors, warehouses, and intermodal transportation facilities such as rail yards. This market plays a crucial role in the shipping industry, facilitating the movement of cargoes, including essential goods and those for the e-commerce industries, over short distances using trucks, trains, and cargo ships. With the e-commerce boom and urbanization, there is a growing demand for fast delivery and cost-effective transportation solutions. Drayage companies leverage digital platforms, real-time monitoring, and optimization algorithms to provide real-time visibility, data analytics, and process automation. Emission standards, congestion management, and infrastructure development are key challenges in this market, with regional variations and trade volumes influencing port and intermodal drayage, dedicated drayage for retail, manufacturing, automotive, chemicals, and consumer goods sectors. The integration of technologies like GPS tracking, telematics, cloud-based platforms, mobile applications, optimization algorithms, artificial intelligence, blockchain, and autonomous vehicles is transforming the drayage services landscape.

Table of Contents:

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

End-userElectronics And ElectricalFood And BeverageConsumer Goods And RetailOthersTypeInter-carrier DrayageExpedited DrayageIntra-carrier DrayagePier DrayageOthersGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

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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Chef Robotics Physical AI Models Can Now Automate Baked Goods Packing

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SAN FRANCISCO, April 29, 2026 /PRNewswire/ — Chef Robotics, a leader in physical AI for the food industry, today announced that Chef robots can now automate tray assembly for baked goods packing. The application places baked products, such as burger buns, chocolate chip cookies, biscotti, butter cookies, biscuits, fortune cookies, granola bars, rusks, and shortbreads into trays and packaging containers before sealing.

Watch Chef robots in action.

Baked goods packing has historically been difficult to automate for high-mix production. Each item behaves differently on the production line—a granola bar compresses under the wrong grip, while a biscotti or rusk can crack if placed at the wrong angle. Surface textures range from glazed and smooth to crumbly and irregular, and strict presentation requirements leave little room for error. This variability has made it challenging for automation systems to reliably handle baked goods at production speeds, leaving food manufacturers dependent on manual labor and traditional bakery equipment.

To address this, Chef built its baked goods packing application on its existing piece-picking capability, which uses Chef’s AI-powered computer vision and physical AI models trained across diverse real-world production environments. This allows Chef robots to assess each item’s position, shape, and orientation in real time and determine how to pick the items from the pan and place them quickly and precisely without damaging them.

The baked goods packing application supports four distinct placement capabilities.

First, Chef’s vision system detects the angle at which each item sits in the pan and reorients it after picking, placing it on the tray at the exact angle required, regardless of its original position, enabling retail-ready presentation for SKUs that require precise angular placement.

Second, Chef robots can place multiple baked goods into the same packaging container in a single automated pass, completing full tray assembly without manual intervention.

Third, for packaging containers with multiple small compartments, Chef robots can precisely place items into each designated section, including multiple items in the same compartment, using Chef’s AI vision model to detect compartment positions and orientations in real time.

Fourth, Chef’s vision system identifies the exact center of each tray and places every item at a predefined offset from that center, ensuring a uniform, consistent arrangement across every pack regardless of how trays arrive on the conveyor.

For food manufacturers evaluating bakery systems and baked goods packaging automation, the application offers higher throughput, reduced labor dependency, and consistent presentation across shifts. The capability runs on Chef’s existing robotic hardware and software, allowing manufacturers to deploy it without requiring any changes to their production lines.

Chef’s baked goods packing application is available in the U.S., Canada, Germany, and the UK and is included as part of Chef’s robotics-as-a-service (RaaS) pricing model.

About Chef Robotics
Chef is the first company to have commercialized a scalable AI-driven food robotics solution. With over 104 million servings made in production, Chef leverages ChefOS, an AI platform for food manipulation, to offer a Robotics-as-a-Service solution that helps industry-leading food companies increase production volume and meet demand. Headquartered in San Francisco, CA, Chef aims to empower humans to do what humans do best by accelerating the advent of intelligent machines. Visit https://chefrobotics.ai to learn more.

View original content:https://www.prnewswire.com/news-releases/chef-robotics-physical-ai-models-can-now-automate-baked-goods-packing-302756923.html

SOURCE Chef Robotics

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Chef Robotics Physical AI Models Can Now Automate Baked Goods Packing

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SAN FRANCISCO, April 29, 2026 /PRNewswire/ — Chef Robotics, a leader in physical AI for the food industry, today announced that Chef robots can now automate tray assembly for baked goods packing. The application places baked products, such as burger buns, chocolate chip cookies, biscotti, butter cookies, biscuits, fortune cookies, granola bars, rusks, and shortbreads into trays and packaging containers before sealing.

Watch Chef robots in action.

Baked goods packing has historically been difficult to automate for high-mix production. Each item behaves differently on the production line—a granola bar compresses under the wrong grip, while a biscotti or rusk can crack if placed at the wrong angle. Surface textures range from glazed and smooth to crumbly and irregular, and strict presentation requirements leave little room for error. This variability has made it challenging for automation systems to reliably handle baked goods at production speeds, leaving food manufacturers dependent on manual labor and traditional bakery equipment.

To address this, Chef built its baked goods packing application on its existing piece-picking capability, which uses Chef’s AI-powered computer vision and physical AI models trained across diverse real-world production environments. This allows Chef robots to assess each item’s position, shape, and orientation in real time and determine how to pick the items from the pan and place them quickly and precisely without damaging them.

The baked goods packing application supports four distinct placement capabilities.

First, Chef’s vision system detects the angle at which each item sits in the pan and reorients it after picking, placing it on the tray at the exact angle required, regardless of its original position, enabling retail-ready presentation for SKUs that require precise angular placement.

Second, Chef robots can place multiple baked goods into the same packaging container in a single automated pass, completing full tray assembly without manual intervention.

Third, for packaging containers with multiple small compartments, Chef robots can precisely place items into each designated section, including multiple items in the same compartment, using Chef’s AI vision model to detect compartment positions and orientations in real time.

Fourth, Chef’s vision system identifies the exact center of each tray and places every item at a predefined offset from that center, ensuring a uniform, consistent arrangement across every pack regardless of how trays arrive on the conveyor.

For food manufacturers evaluating bakery systems and baked goods packaging automation, the application offers higher throughput, reduced labor dependency, and consistent presentation across shifts. The capability runs on Chef’s existing robotic hardware and software, allowing manufacturers to deploy it without requiring any changes to their production lines.

Chef’s baked goods packing application is available in the U.S., Canada, Germany, and the UK and is included as part of Chef’s robotics-as-a-service (RaaS) pricing model.

About Chef Robotics
Chef is the first company to have commercialized a scalable AI-driven food robotics solution. With over 104 million servings made in production, Chef leverages ChefOS, an AI platform for food manipulation, to offer a Robotics-as-a-Service solution that helps industry-leading food companies increase production volume and meet demand. Headquartered in San Francisco, CA, Chef aims to empower humans to do what humans do best by accelerating the advent of intelligent machines. Visit https://chefrobotics.ai to learn more.

View original content:https://www.prnewswire.com/news-releases/chef-robotics-physical-ai-models-can-now-automate-baked-goods-packing-302756923.html

SOURCE Chef Robotics

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Air Products to Expand Industrial Gas Supply for Samsung Electronics’ Next-Generation Semiconductor Fab in South Korea

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New investment underscores the company’s long-term commitment to Korea and its leading role in the global semiconductor industry 

LEHIGH VALLEY, Pa., April 29, 2026 /PRNewswire/ — Air Products (NYSE:APD), a world-leading industrial gases company and serving Samsung globally, today announced it has been selected by Samsung to supply industrial gases for its new advanced semiconductor fab in Pyeongtaek, Gyeonggi Province, South Korea.

Under the agreement, Air Products will build, own and operate multiple state-of-the-art production facilities and a bulk specialty gas supply system to supply nitrogen, oxygen, argon, and hydrogen for Samsung’s new semiconductor fab. The new facilities are expected to come onstream in multiple phases from 2028 through 2030.

Air Products has a long track record of executing multiple phase expansions in Pyeongtaek to support Samsung’s growing manufacturing needs. This latest project represents Air Products’ largest investment to date in the semiconductor industry and will establish Pyeongtaek as the company’s single largest operations site globally supporting the electronics industry. 

“Air Products is honored to be selected once again by Samsung and to have their continued confidence as a trusted partner supporting their strategic growth plans,” said SR Kim, President, Air Products Korea. “This significant investment reinforces Air Products’ role as a leading global supplier to the semiconductor industry and underscores our long-standing commitment to supporting our strategic customers with safety, reliability, efficiency and excellent service.”

Air Products has served the global electronics industry for more than 40 years, supplying industrial gases safely and reliably to many of the world’s leading technology companies. The company has operated in Korea for more than 50 years and has established a strong position in electronics and manufacturing sectors.

About Air Products

Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global supplier of hydrogen, Air Products also develops, engineers, builds, owns and operates some of the world’s largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products had fiscal 2025 sales of $12 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedInXFacebook or Instagram.

This release contains “forward-looking statements” within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.

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