Business
October 3, 2023
3 min

Rise of Eco-Friendly Transportation and Sustainable Practices ... - GlobeNewswire

The global Green Logistics Market is projected to experience significant growth with a projected CAGR of 8.3% from 2023 to 2032. Green logistics aims to minimize the environmental impact of logistics operations through sustainable policies and practices. It focuses on optimizing transportation activities, with strategies such as using fuel-efficient vehicles and alternative fuel technologies. The automotive sector and banking and financial services are adopting eco-friendly logistics approaches. The growth in roadways distribution is driven by the adoption of electric vehicles. Technological advancements, including transportation management software and automation systems, are also contributing to the growth of the market.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry