New Zealand Freight and Logistics Market Revenues to Reach USD ... - GlobeNewswire

The New Zealand Freight and Logistics market is estimated to be worth USD 17.16 billion in 2023, with a projected CAGR of 3.21% during the forecast period. The market is primarily dominated by road transportation, but rail also plays a significant role. However, the COVID-19 pandemic has resulted in inconsistent shipping schedules and congestion at major ports, affecting the supply chain. The market is fragmented, with numerous domestic and international players in the road freight segment. The report highlights increasing cross-border trade and a growing e-commerce sector as key factors driving market growth.

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