US Refrigerated Road Transport Market 2008-2012
US Refrigerated Road Transport Market 2008-2012
The US road transport sector plays an important role in the growth of the country’s economy. In a country like the US, where frozen food is consumed at a very high rate, refrigerated road transport plays a crucial role in shipment of these food products. ( )
In 2008, the US refrigerated road transport contributed to more than half of the global refrigerated transport vehicles. In 2008, due to the economic recession, the US transport sector was affected in terms of growth, revenue and employment. This directly affected the refrigerated road transport market of the US. However, the industry is slowly recovering and is expected to grow in the near future. Decreasing fuel costs, growth in refrigeration equipment industry and the US government’s funding for the industry growth are few of the indicators that show the sight of recovery.
There are various trends that are observed in the US refrigerated road transport market. One of them includes the fact that all fleets in the US are incorporating monitoring devices on their refrigerated vehicles to check the quality of food items, at various time spans. This helps the manufacturers track the quality of the products at every instance during transportation.
The report provides a thorough analysis of the US refrigerated road transport market. The market size is evaluated on the basis of the number of refrigerated road transport vehicles found in the US and is segmented on the basis of capacities of vehicles and industry usage. The report also analyses the trends in various industries which use refrigerated road transport vehicles and discusses the growth trends and inhibitors of the industry. Further, the report profiles the major players in the US refrigerated road transport industry.
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Tags: market, refrigerated, road, transport