There are several freight transport service providers operating in the market, resulting in a highly fragmented industry. Prominent companies engage in mergers and acquisitions to enhance their market position, diversify their range of products, extend their reach geographically, and use cutting-edge technologies to lower freight expenses. The main goal of the players is to provide secure, quick, and affordable freight transport services. These businesses are working together with local and regional businesses as well as e-commerce enterprises to obtain a competitive advantage over their rivals and a sizeable market share.
Author Credits: Saima Khursheed
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