The increase in volumes of cargo transported and rising security threats raises high demand for increased- cargo inspections, physical security of air cargo facilities and stricter controls over accessing operation areas.
The Cargo Shipping Market is estimated to gain momentum after fiscal year 2018 after years of sluggish growth. Cargo shipping market is projected to reach 12.52 Billion Tons at CAGR of 3.5% from 2016 to 2021. Global economic development, commodity supply and demand are key drivers fueling the growth of the global cargo shipping trade.
Transportation of goods and services is one of the most important logistical activity in rural and urban areas. Conventional cargo bikes have thus been become crucial part of eco-friendly mode of transportation to transport cargo. Conventional cargo bikes are used for parcel & service deliveries, perishable goods and others. Apart from tangible and physical goods conventional cargo bikes are used for human passenger commuting purposes by individuals or groups. Conventional cargo bikes are extremely cost effective and are quickly adopted in above mentioned transportation task.
Electric cargo bikes are bikes and bicycles operated and powered by portable batteries such lithium ion and nickel-based batteries. The electric cargo bikes considered in the scope of research are two-wheeled electric cargo bikes, three-wheeled electric cargo bikes and four-wheeled electric cargo bikes.
As the strains of holiday music increase, cargo and trailer theft does too. With annual losses attributed to cargo and trailer thefts estimated in the billions of dollars, MaTrack Fleet Tracking Management system announced its Trailer Safe & Theft Recovery this week to help individual truckers and transportation companies across the nation keep their cargo and trailers safe this holiday season. Through this campaign, MaTrack provides simple, cost effective methods to monitor and quickly recover detachable trailers.
According to the American Journal for Transportation, thefts at truck stops were the most common in second-quarter 2018, while thefts at secured yard locations were the next most common loss category with an increase in theft at parking lot locations, such as those of major retailers. The cargo in each theft reported was worth an average of $149,522, bringing the total estimated loss to $28.7 million for one quarter.