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Logistics Market in Europe to Grow by USD 43.3 Billion (2024-2028), Driven by Booming E-Commerce, Report Highlights How AI is Redefining the Market Landscape – Technavio

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NEW YORK, Jan. 24, 2025 /PRNewswire/ — Report with market evolution powered by AI – The Logistics market in Europe size is estimated to grow by USD 43.3 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  3.2%  during the forecast period. Booming e-commerce industry in Europe is driving market growth, with a trend towards increasing customer-centric logistics. However, high cost of operation and competitive pricing  poses a challenge. Key market players include AP Moller Maersk AS, BDP International Inc., Bertelsmann SE and Co. KGaA, Bollore SE, C H Robinson Worldwide Inc., CEVA Logistics, Deutsche Bahn AG, Deutsche Post AG, DSV AS, Expeditors International of Washington Inc., FedEx Corp., Hellmann Worldwide Logistics SE and Co KG, International Distributions Services plc, Kintetsu World Express Inc., Kuehne Nagel Management AG, Nippon Yusen Kabushiki Kaisha, Rhenus SE and Co. KG, SDK FREJA A S, SF Express Co. Ltd., and XPO Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Logistics Market In Europe Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 3.2%

Market growth 2024-2028

USD 43.3 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.07

Regional analysis

Europe

Performing market contribution

Europe at 100%

Key countries

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

Key companies profiled

AP Moller Maersk AS, BDP International Inc., Bertelsmann SE and Co. KGaA, Bollore SE, C H Robinson Worldwide Inc., CEVA Logistics, Deutsche Bahn AG, Deutsche Post AG, DSV AS, Expeditors International of Washington Inc., FedEx Corp., Hellmann Worldwide Logistics SE and Co KG, International Distributions Services plc, Kintetsu World Express Inc., Kuehne Nagel Management AG, Nippon Yusen Kabushiki Kaisha, Rhenus SE and Co. KG, SDK FREJA A S, SF Express Co. Ltd., and XPO Inc.

Market Driver

Logistics providers in Europe are adopting innovative strategies to deliver customer-centric logistics solutions. They engage in discussions with clients about industry trends and challenges. The empowered consumer has necessitated a paradigm shift in supply chain management. Providers now consider historical orders, sales forecasts, weather forecasts, and customer sentiments to anticipate behavior. Predictive analytics is used to simulate and forecast future situations, enabling informed decision-making. Consumer-driven supply chains are aligning with demand variations, driving the growth of Europe’s logistics market. 

Logistics market trends encompass various industries like banking & financial services, media & entertainment, trade & transportation, and e-commerce. E-commerce companies prioritize timely delivery, leading to growth in last-mile logistics and route optimization. Multi-modal transportation, including airways, waterways, railways, and roadways, is crucial for efficient supply chain networks. Trade-related activities, such as container trade and free trade agreements, impact logistics significantly. Defense manufacturing, petroleum, food products, and oil & gas industries rely on logistics for transportation of goods. Digital transformation through AI, IoT, AR, and blockchain enhances logistics monitoring systems. Outsourced and third-party logistics services are in demand for inventory management and warehousing. E-commerce activities and online purchases require logistics solutions, focusing on green solutions for sustainability. Transportation infrastructure development is essential for accommodating increasing logistics demands. 

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 Market Challenges

The European logistics market is characterized by complex supply chains, with most products originating from Asian manufacturing locations. These goods are transported via air, ocean, or rail to European distribution centers for final delivery. The total logistics costs have risen due to longer or more intricate supply chains. A typical European supply chain consists of shipping from manufacturing locations, trucking from ports, reception and storage at distribution centers, and sales order fulfillment and final distribution. Inefficient packaging can negatively impact all elements of the supply chain. In the rail sector, high capital costs, particularly in Southern and Eastern Europe, and fuel costs, which account for over 25% of the industry’s collective cost base, pose significant challenges. Port-to-port shipping and customer deliveries often incur the most costs in international supply chains, with additional expenses including personnel costs, fuel costs, and other variable costs. The logistics market in Europe faces the dual challenges of high operating costs and competitive pricing during the forecast period.Logistics market is facing numerous challenges in today’s business environment. In online purchases, efficient and reliable delivery solutions are essential. Roadways remain the backbone of transportation, but infrastructure improvements are needed to handle increasing e-commerce activities. Green logistics solutions are crucial to reduce carbon footprint, with technologies like AI, IoT, and AR playing key roles. Logistics monitoring systems, blockchain, and sensor technologies ensure transparency and accuracy in supply chain networks. Waterways transportation offers cost-effective alternatives to roadways for heavy goods. Third-party and second-party logistics, outsourcing, and logistics standardization are shaping the industry. Industries like healthcare, pharmaceuticals, manufacturing, and aerospace have unique logistics requirements. Tech-driven logistics, multi-modal systems, and IoT-enabled devices are revolutionizing transportation. Last-mile deliveries and logistics automation are critical for retail success. Military logistics, reverse logistics operations, and trade agreements also impact the market. Overall, the logistics landscape is evolving rapidly, requiring continuous innovation and adaptation.

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Segment Overview 

This logistics market in Europe report extensively covers market segmentation by  

Type 1.1 3PL1.2 4PLEnd-user 2.1 Manufacturing2.2 Automotive2.3 Consumer goods2.4 Retail industry2.5 OthersGeography 3.1 Europe

1.1 3PL-  Third-party logistics (3PL) is a business process where companies outsource their logistics functions to specialized service providers. In Europe, 3PLs have become essential for improving logistics effectiveness by introducing innovative supply chain management techniques. Three primary types of 3PL exist: asset-based, management-based, and integrated providers. Asset-based companies use their private vehicles, warehouses, and employees, while management-based providers deliver technological and managerial support. Integrated providers offer a combination of both. 3PL services encompass transportation, warehousing, distribution, freight forwarding, inventory management, and packaging. They tailor solutions to meet individual client needs, optimizing routes, reducing costs, and enhancing operational efficiency. In the European context, 3PLs facilitate cross-border trade and overcome logistical challenges. They offer flexibility to scale operations based on demand fluctuations, supporting seasonal peaks and market expansions. Technology adoption is a hallmark of modern 3PLs, providing real-time tracking, data analytics, and visibility tools. The RussiaUkraine conflict in 2022 disrupted various aspects of the European logistics market. Transportation routes were affected, leading to delays, rerouting, and blockades. Supply chain disruptions caused shortages, forcing manufacturers to halt production or incur significant cost increases. Increased logistics costs due to rerouting and alternative transportation modes, as well as fuel price and insurance premium fluctuations, strained logistics budgets. Geopolitical tensions influenced foreign trade relationships, creating complexities for cross-border trade planning and forecasting. Despite these challenges, the use of 3PL services will continue to drive the growth of the 3PL segment in the European logistics market, enabling companies to remain competitive in a complex business landscape.

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Research Analysis

The global logistics market is a dynamic and evolving industry that encompasses various modes of transportation, including roadways, and caters to diverse sectors such as e-commerce, trade-related activities, defense manufacturing, petroleum, food products, and more. With the rise of online purchases, there is a growing demand for efficient and reliable logistics solutions. Green logistics solutions are gaining popularity due to increasing environmental concerns, while logistics monitoring systems, blockchain, artificial intelligence, the Internet of Things, and augmented reality are revolutionizing the industry. Logistics management and supply chain management are crucial aspects of the market, with Fourth-Party Logistics, inbound logistics, outbound logistics, reverse logistics, and digital logistics playing significant roles. Military logistics and reverse logistics operations are essential for defense manufacturing and ensuring the smooth functioning of armed forces. Last-mile delivery, route optimization, and transportation systems are also vital components of the logistics market. Free trade agreements and trade-related activities further impact the industry’s growth and development.

Market Research Overview

The logistics market is a dynamic and complex ecosystem that encompasses various modes of transportation, technologies, and industries. At its core, logistics facilitates the efficient movement of goods and services from one place to another. In today’s digital age, the logistics industry is undergoing a significant transformation. Online purchases have led to an increase in e-commerce activities, necessitating the need for efficient last-mile deliveries and logistics automation. Green logistics solutions are gaining popularity as businesses strive to reduce their carbon footprint. Logistics monitoring systems, including Blockchain, Artificial Intelligence, and the Internet of Things, are revolutionizing supply chain management and inventory management. Sensor technologies and Augmented Reality are being used to optimize transportation infrastructure and improve warehouse management systems. The logistics market caters to various industries, including manufacturing, healthcare, pharmaceuticals, retail, and aerospace, among others. Third-party and second-party logistics, outsourcing, and logistics standardization are common practices in the industry. The use of multi-modal systems, including roadways, waterways, airways, and railways, enables efficient transportation of goods. Trade agreements, tech-driven logistics, and digital transformation are shaping the future of the logistics industry. IoT-enabled devices, route optimization, and timely delivery are essential components of a successful logistics strategy. The defense manufacturing, oil & gas, food products, and semiconductor industries rely heavily on logistics to ensure the timely delivery of critical components and finished products. In conclusion, the logistics market is a critical component of the global economy, enabling businesses to efficiently move goods and services across various industries and modes of transportation. The integration of technology and digital transformation is driving innovation and efficiency in the logistics industry, making it an exciting and dynamic field to watch.

Table of Contents:

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

Type3PL4PLEnd-userManufacturingAutomotiveConsumer GoodsRetail IndustryOthersGeographyEurope

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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BinBase Launches 2026 BIN Database Featuring 6-11 Digit Waterfall Lookup for High-Precision Payment Routing

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BinBase introduces its upgraded 2026 BIN Database, offering 3.2M+ card ranges, 29 granular data attributes, and extended 8-11 digit accuracy to eliminate false-positives and optimize routing for global fintechs.

MIAMI, July 21, 2026 /PRNewswire-PRWeb/ — BinBase, a provider of payment intelligence and card issuing data, has announced the official release of its updated 2026 BIN Database. Engineered for payment gateways, acquiring banks, fraud prevention platforms, and e-commerce platforms, the updated dataset solves critical routing inaccuracies caused by the industry-wide shift from legacy 6-digit BINs to extended 8-to-11-digit card ranges.

Relying solely on 6-digit BINs in 2026 means misclassifying card products and losing money on interchange fees. Our 2026 release provides the surgical precision developers need for cost-effective payment routing.

Since ISO/IEC 7812 expanded the standard Bank Identification Number (BIN) length to 8 digits, traditional 6-digit lookup tables have struggled to correctly identify modern card profiles. This leads to false positives, misidentified interchange fees, and failed transactions. BinBase addresses this challenge by introducing a multi-tiered database structure supporting up to 11-digit precision, alongside a recommended “Waterfall Lookup Algorithm.”

To ensure 100% routing and verification accuracy, the Waterfall method executes a descending search sequence: checking 11-digit BIN ranges down through 10, 9, 8, 7, and 6 digits until an exact match is resolved.

Key technical specifications of the 2026 BinBase release include:

Over 3.2 Million Card Ranges: Full global coverage including Visa, Mastercard, Amex, Discover, UnionPay, JCB, and regional networks.Extended Precision: Over 88% of the dataset consists of high-precision ranges (8–11 digits) to accurately isolate sub-brands, currencies, and card tiers.29 Granular Attributes: Beyond core issuer data, the database features advanced parameters including Durbin Regulation status, US Debit/ATM network routing (STAR, NYCE), Fast Funds (Visa Direct / Mastercard MoneySend indicators), commercial Level 2/Level 3 data, and digital wallet token ranges (Apple Pay / Google Pay).

“Modern payment processing requires surgical precision,” said a spokesperson for Damiko Inc. “Relying solely on 6-digit BINs in 2026 means misclassifying card products and losing money on interchange fees. Our 2026 release provides the underlying intelligence developers need to build resilient, cost-effective payment infrastructure.”

Developers and payment teams can evaluate the full 29-field database schema, review integration examples, and download a free 2026 sample dataset on the official GitHub repository.

To learn more about full commercial licensing options, instant CSV downloads, and custom API delivery, visit BinBase.

About Damiko Inc

Damiko Inc is a US-based fintech data provider specializing in card issuer analytics, payment routing data, and global BIN database solutions. Operating through its flagship product, BinBase.com, the company supplies high-precision transaction intelligence to help merchants and payment facilitators worldwide optimize approval rates and mitigate fraud.

Media Contact

Fedor Lavrikoff, BinBase, 1 +17866133333, sales@binbase.com, htttps://www.binbase.com 

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SOURCE BinBase

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Redington Limited and AutomationEdge Announce Strategic Partnership to Accelerate Enterprise Automation and Agentic AI Adoption

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MUMBAI, India, July 22, 2026 /PRNewswire/ — Redington, a leading technology aggregator and innovation catalyst, and AutomationEdge, a leading Agentic Process Automation platform for global enterprises, have announced a strategic partnership to accelerate the adoption of enterprise automation and Agentic AI. The collaboration brings together Redington’s extensive distribution ecosystem and partner network with AutomationEdge’s enterprise-grade Agentic Process Automation platform to enable faster, scalable, and outcome-driven digital transformation for organizations.

As a part of the partnership, AutomationEdge’s portfolio of AI Agents and automation solutions is now available through the Redington AI Exchange Marketplace, enabling partners and customers to easily discover, evaluate, and deploy enterprise-ready AI solutions. This availability significantly reduces the time required to adopt AI-driven automation and provides organizations with access to proven use cases that can deliver measurable business outcomes.

The partnership is focused on delivering solution-led automation offerings that simplify adoption for enterprises and channel partners. By combining Redington’s go-to-market reach with AutomationEdge’s 10x automation capabilities, the two organizations aim to help businesses move from fragmented automation initiatives to enterprise-wide orchestration—driving efficiency, agility, and operational excellence.

Through this collaboration, both companies will jointly promote pre-built automation and AI Agent solutions across key business functions, including banking operations, insurance processes, IT / HR operations, customer service, and finance functions. These solutions include ready-to-deploy workflows, AI Agents, demonstration environments, and implementation frameworks designed to accelerate deployment and reduce complexity.

The partnership will also include joint go-to-market initiatives such as partner enablement programs, co-branded workshops, solution showcases, and proof-of-concept (PoC) engagements. These initiatives are designed to equip Redington partners with the knowledge, tools, and support needed to successfully position, sell, and implement AI-powered automation solutions for enterprise and mid-market customers.

Sayantan Dev, Global Head, Software Solutions Group, Redington, said, “The next phase of AI adoption will be defined by execution. Through the Redington AI Exchange Marketplace, we are bringing together the technologies and ecosystem needed to help partners deliver real business outcomes at scale. AutomationEdge’s Agentic AI and automation capabilities strengthen our ability to enable customers to accelerate AI adoption with greater speed, governance, and confidence.”

Prasad Likhite, Chief Sales Officer of AutomationEdge, said, “We are delighted to strengthen our partnership with Redington and accelerate the adoption of next-generation enterprise automation and Agentic AI solutions across the market. The availability of AutomationEdge AI Agents through the Redington AI Exchange Marketplace marks an important milestone in democratizing AI-led transformation, enabling enterprises to rapidly scale intelligent automation initiatives with speed, agility, and measurable business impact. At the same time, it creates significant opportunities for partners to drive innovation, unlock new revenue streams, and deliver greater value to their customers.”

The collaboration also emphasizes localized support, implementation expertise, and customer success services, ensuring that organizations can seamlessly deploy, manage, and scale automation initiatives. By leveraging Redington’s strong partner ecosystem and AutomationEdge’s deep expertise in automation and Agentic AI, the partnership is well-positioned to address the evolving needs of modern enterprises.

As organizations increasingly prioritize productivity, operational efficiency, and AI-led transformation, this partnership marks a significant step toward making enterprise automation and Agentic AI more accessible, scalable, and impactful across industries.

 About Redington

Redington Limited (NSE: REDINGTON) (BSE: 532805), a leading technology solutions provider, empowers businesses in their digital transformation journeys. Guided by its brand narrative “Unlock Next”, Redington goes beyond distribution to remove barriers, accelerate digital adoption, and unlock access, growth, trust, efficiency, and impact—helping businesses, communities, and societies embrace what’s next in technology

About AutomationEdge

AutomationEdge is a leading Agentic Process Automation platform for global enterprises. Its platform enables organizations to automate complex business processes, deploy AI Agents at scale, improve operational efficiency, and accelerate digital transformation initiatives across industries.

Media Contact:
Rahul Wandile
rahul.wandile@automationedge.com

 

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Applied Intuition Launches Dana, the Agentic Platform for Physical AI

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New platform pairs agentic AI with the tooling, data, infrastructure and domain expertise Applied Intuition has built over nearly a decade to speed the safe development of intelligent machines for the physical world.

Dana is the first agentic platform for building, testing, deploying and operating physical AI systems across industries.Built on nearly a decade of Applied Intuition’s tooling, infrastructure, workflows and engineering expertise, Dana is purpose-built for safety-critical systems operating in the physical world.Dana helps companies build physical AI applications for any industry or use case, from autonomy and software-defined vehicles to fleet operations, robotics, construction, mining and intelligent in-vehicle experiences.Dana has already reduced critical phases of vehicle development from months to days in internal and select customer deployments.

SUNNYVALE, Calif., July 22, 2026 /PRNewswire/ — Applied Intuition, Inc., a leader in physical AI, today announced the launch of Dana, the first agentic platform for building, testing, deploying and operating physical AI systems across industries. Dana combines the power of agentic AI and rapid application development with nearly a decade of Applied Intuition’s tooling, infrastructure and engineering knowledge. The result is a unified system that accelerates the development of intelligent machines in the physical world.

“We believe physical AI will become one of the defining technologies of this century,” said Qasar Younis, co-founder and CEO of Applied Intuition. “Our ambition is to help bring intelligence to a billion machines, and Dana is the platform we built to make that possible.”

Unlike general-purpose AI tools designed primarily for digital workflows, Dana is built for the complexities of machines operating in the physical world. Dana comes with all the platform capabilities needed to build and deploy safety-critical physical AI applications, including data, visualization and tooling, as well as the evaluation, traceability and governance these systems require. The platform was designed to work across industries and with a wide range of use cases, from software-defined vehicle development and advanced driver assistance systems (ADAS) to mining and construction operations, truck fleet management, robotics and intelligent in-vehicle experiences. With Dana, customers can:

Deploy Applied Intuition’s reference applications — spanning autonomy, fleet operations, and more — or build their own.Use both natural language and command-line interfaces to complete complex development tasks more intuitively and accelerate iteration cycles across teams and systems.Integrate the platform with enterprise systems and collaboration tools, like Slack and Jira, helping organizations connect fragmented engineering and operational workflows while embedding agentic capabilities across the development process.

Applied Intuition has used Dana internally since last year, building and delivering solutions on the platform for long-standing customers across automotive, trucking, mining, and agriculture. Dana’s agent-driven workflows have reduced critical phases of vehicle development timelines from months to days in some cases. Applied Intuition has offered limited, early access to select customers, including heavy-equipment manufacturer Komatsu and Isuzu Motors, who is using the platform to accelerate L4 autonomy for its fleet of commercial trucks.

“We’ve been impressed by how Dana can streamline complex engineering workflows and accelerate development,” said Yasuhiro Yazawa, Director, Isuzu Motors Limited, Japan. “Dana gives our engineering teams greater confidence to develop, track and deploy safe autonomous-vehicle capabilities at a much faster pace.”

“Applied Intuition has been a valuable technology partner as we continue advancing the digital capabilities that support the next generation of mining equipment and solutions,” said Peter Salditt, CEO, Komatsu Mining. “Dana represents another step forward, bringing intelligent, agentic capabilities into our engineering workflows to help our teams innovate faster, improve efficiency and ultimately create greater value for our customers’ operations.”

Dana is designed to help companies keep up with the fundamental shift now underway across industries. As autonomous vehicles, robots and industrial systems become more capable, manufacturers need a more integrated way to build, validate and deploy them safely. Dana gives teams a faster path from idea to production, and the confidence to put increasingly intelligent machines into the real world.

The future of AI is physical. Dana was built for it.

To learn more about Dana and Applied Intuition’s physical AI platform, visit AppliedIntuition.com.

About Applied Intuition
Applied Intuition, Inc. is powering the future of physical AI. Founded in 2017 and now valued at $15 billion, the Silicon Valley company is creating the digital infrastructure needed to bring intelligence to every moving machine on the planet. Applied Intuition services the automotive, defense, trucking, construction, mining and agriculture industries in three core areas: tools and infrastructure, operating systems, and autonomy. Eighteen of the top 20 global automakers, as well as the United States military and its allies, trust the company’s solutions to deliver physical intelligence. Applied Intuition is headquartered in Sunnyvale, California, with nearly two dozen offices across the globe, including in London, Munich, Tokyo, Seoul, and the Washington, D.C. metro area. Learn more at applied.co or press@applied.co.

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SOURCE Applied Intuition, Inc.

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