United States US: Total Inland Freight Transport: %: Road data was reported at 55.907 % in 2021. This records a decrease from the previous number of 57.139 % for 2020. United States US: Total Inland Freight Transport: %: Road data is updated yearly, averaging 50.455 % from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 57.139 % in 2020 and a record low of 43.979 % in 2011. United States US: Total Inland Freight Transport: %: Road data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.ITF: Freight Transport by Mode of Transport: OECD Member: Annual. [COVERAGE] Road freight transport is any movement of goods using a road vehicle on a given road network. When a road vehicle is being carried on another vehicle, only the movement of the carrying vehicle (active mode) is considered. TOTAL INLAND FREIGHT TRANSPORT Rail freight transport is any movement of goods using a railway vehicle or a given railway network. When a railway is being carries on another rail vehicle only the movement of the carrying vehicle (active mode) is being considered. Inland waterways freight transport is any movement of goods using IWT vessels which is undertaken wholly or partly on navigable inland waterways. Bunkers and stores supplied to vessels in ports are excluded. When an IWT vessel is being carried on another vehicle, only the movement of the carrying vehicle (active mode) is taken into account. [COVERAGE] TOTAL INLAND FREIGHT TRANSPORT Between 2006 and 2009, the decrease in rail freight transport was due to the impact of the recession. Between 2014 and 2016, the decrease in rail freight transport was due mainly to a large drop in costal shipments by rail. Inland waterways freight transport includes domestic lakewise shipments and 60% of foreign lakewise shipments. [STAT_CONC_DEF] Since 2012, road freight transport is regularly revised following improvements to the Freight Analysis Framework tool.

According to a 2019 global survey, 38.8 percent of logistics industry professionals thought that, in the event of a recession in 2020, emerging markets would be affected the same as developed markets. During the same survey, 47.2 percent of them believed a global recession was likely to happen in 2020.

The trucking industry has experienced significant fluctuations driven by various economic and geopolitical factors. Surging consumer spending and rising disposable income levels through the beginning of the period heightened demand for trucking services as vendors required the transport of larger volumes of goods. The surge in demand drove significant revenue increases and attracted new entrants into the market. The industry faced challenges due to soaring inflation, prompting the Federal Reserve to implement tighter monetary policies, subsequently slowing down manufacturing activity and shipment volumes. The growth in e-commerce further transformed logistics and supply chain management, with large shipments often necessitating full-load transport. Revenue is expected to increase at a CAGR of 6.0% to $253.5 billion through the end of 2024, including growth of 1.2% in 2024 alone. Economic pressures and subdued consumer spending maintain a hold over the industry, causing a slow recovery from a freight recession seen through 2023. Companies are navigating the challenging spot market influenced by lingering overcapacity problems, resulting in renegotiated contract terms. Investment in technology has improved operational efficiencies, yet smaller carriers are struggling to keep pace in a market dominated by larger enterprises with stable cash flows. While there are signs of recovery, including stabilizing spot rates and better alignment of fleet operations to high-priced regional lanes, uncertainties remain, particularly around elevated insurance, maintenance and vehicle costs that are pressuring profit. The trucking industry is poised for gradual but positive growth amid a more stable economic environment. Economic expansion, rising manufacturing and improved retail spending are anticipated to enhance freight volumes, driving demand for trucking services. The industry will face persistent challenges, including the driver shortage and rising wages, yet opportunities remain, particularly in the expansion of manufacturing segments and the potential reshoring of supply chains. Technological advancements, including the development of autonomous vehicles and integration with rail services, are expected to bolster operational efficiencies and fuel savings, particularly for established enterprises. While the outlook is favorable, growth is projected to be more aligned with GDP increases, absent major catalysts that characterized the previous period. Industry revenue is set to expand by a CAGR of 1.7% to an estimated $276.3 billion by the end of 2029.

The coronavirus outbreak hits international air freight forwarding market through a persistent health shock that drags the global economy into a deep recession. In a severe impact scenario, the European air freight forwarding market is expected to contract by *** percent in 2020 compared with the previous year.

United States US: Total Inland Freight Transport data was reported at 7,447,865.111 Tonne-km mn in 2018. This records an increase from the previous number of 7,224,483.419 Tonne-km mn for 2017. United States US: Total Inland Freight Transport data is updated yearly, averaging 6,363,403.105 Tonne-km mn from Dec 1980 (Median) to 2018, with 39 observations. The data reached an all-time high of 7,447,865.111 Tonne-km mn in 2018 and a record low of 4,248,174.703 Tonne-km mn in 1983. United States US: Total Inland Freight Transport data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.ITF: Freight Transport by Mode of Transport: OECD Member: Annual. [STAT_CONC_DEF] Total inland freight transport: any movement of goods using a vehicle on a given network. It includes rail, road, inland waterways and pipeline when they exist. Tonne-kilometre: unit of measurement of goods transport which represents the transport of one tonne of goods over a distance of one kilometre. [STAT_CONC_DEF] Since 2012, road freight transport is regularly revised following improvements to the Freight Analysis Framework tool. [COVERAGE] Data should include national and international goods transport. [COVERAGE] Between 2006 and 2009, there was a decrease in rail freight transport due to the recession. Between 2014 and 2016, there was a decrease in rail freight transport due to the drop in coal shipments. Inland waterways freight includes domestic lakewise shipments and 60 percent of foreign lakewise shipments (to limit double counting with the Canadian data). Since 2012, pipeline transport of oil is assumed to be 60 percent of all pipeline shipments.

Over the past five years, the specialized long-distance freight trucking industry has managed solid growth despite a challenging and often volatile operating environment. Industry revenue expanded at a 4.2% compound annual growth rate, supported by strong demand in essential sectors such as chemicals, energy, food, and pharmaceuticals, as well as substantial investments in infrastructure and digital innovation. The current-year revenue figure stands at $63.3 billion, representing a 1.2% increase from the prior year, as freight volumes stabilize following a protracted period of pandemic- and recession-induced volatility. Profitability remains a bright spot, with industry profit at 21.8% of revenue in 2025, reflecting the benefits of higher fuel surcharges, ongoing operational efficiencies through automation and sustained contract demand for regulated or temperature-sensitive goods. However, the industry has not been immune to the ripple effects of global events and economic shifts. Recent tariff adjustments, particularly on autos, chemicals and electronics, have disrupted trade flows and led to cost volatility, while weather-related disruptions and regulatory mandates are elevating compliance and insurance costs. Labor shortages and rising interest rates have further challenged operators, raising the price of equipment finance and constraining capacity additions. Within this dynamic landscape, growth has been uneven across product segments. The liquids and gases segment has outperformed, buoyed by higher energy prices and industrial activity, while climate-controlled, waste and specialty segments have held steady owing to their essential and regulatory-driven nature. Conversely, segments tied to consumer goods, automotive and dry bulk have struggled with softer demand and stiffer competition from rail and private fleets. Despite these headwinds, industry consolidation occurs, with strategic M&A activity focused on technology adoption, regulatory expertise and geographic diversity. However, ongoing new entries keep the market highly fragmented, resulting in lower concentration for the industry's top players. Profit is forecast to remain strong, with profit projected at 21.7% of revenue at the end of 2030, as carriers continue to benefit from technology-led efficiencies, a shift toward higher value-added services and resilient demand for essential goods and energy-related cargo. Nonetheless, heightened exposure to fuel market shocks, evolving environmental regulations and further tariff or trade policy changes will require operators to stay agile, invest in fleet modernization and expand risk management capabilities to maintain profitable growth. Industry revenue is expected to rise at a 1.8% compound annual rate over the next five years, reaching $69.1 billion by 2030.

Global logistics industry - Focus on Third Party Logistics†describes the present market condition after recession period and future growth of the industry.

United States US: Rail Freight Transport: Tonne-km per One Thousand Units of Current USD GDP data was reported at 78.767 Ratio in 2023. This records a decrease from the previous number of 86.982 Ratio for 2022. United States US: Rail Freight Transport: Tonne-km per One Thousand Units of Current USD GDP data is updated yearly, averaging 167.106 Ratio from Dec 1994 (Median) to 2023, with 30 observations. The data reached an all-time high of 251.683 Ratio in 1995 and a record low of 78.767 Ratio in 2023. United States US: Rail Freight Transport: Tonne-km per One Thousand Units of Current USD GDP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.ITF: Freight Transport by Mode of Transport: OECD Member: Annual. [COVERAGE] RAIL FREIGHT TRANSPORT Rail freight transport is any movement of goods using a railway vehicle or a given railway network. When a railway is being carries on another rail vehicle only the movement of the carrying vehicle (active mode) is being considered. [COVERAGE] RAIL FREIGHT TRANSPORT Between 2006 and 2009, the decrease was due to the impact of the recession. Between 2014 and 2016, the decrease was due mainly to a large drop in costal shipments by rail.

According to a 2019 global survey, 23.3 percent of logistics industry professionals thought that a slowdown in the global economy would have a negative effect on the growth of emerging logistics markets over the next five years. During the same survey, it was found that 47.2 percent of them believed a global recession was likely to happen in 2020.

Companies in this industry transport freight via rivers, canals, lakes and other inland waterways, including inside harbours and ports. Inland freight water transporters suffer from intense competition from European rail and road freight transport. Road freight transport volumes have increased since 2012, eating into the market for inland water transport. According to Eurostat, freight transport activity decreased between 2013 and 2016 in the EU, showing a sharp drop as measured by tonne-kilometres. The Netherlands and Germany dominate activity across the industry, accounting for almost three-quarters of EU inland waterway transport. Over the five years through 2024, industry revenue is expected to drop at a compound annual rate of 8.3% to €6.9 billion. The COVID-19 outbreak adversely impacted inland water freight transport, lowering freight volumes across Europe and inducing supply chain disruption. Similarly, in 2022, Europe’s inland waterway freight transport industry recorded a sharp 9.8% drop (or 13 million tonne-kilometres) in freight volumes, according to Eurostat. In terms of tonnes transported, inland water freight transport slumped by 5.4% in 2022 (or 29 million tonnes), with business sentiment reaching historic lows. In 2024, industry revenue is estimated to tank by 7.7%, mainly because of intense competition from freight road transport in the EU. Over the five years through 2029, industry revenue is projected to fall at a compound annual rate of 1.8% to reach €6.3 billion. The industry is set to continue dwindling moving forward. However, increased digitalisation will support the industry by speeding up supply chain efficiency. Major companies are set to incorporate more real-time data across the supply chain, joining forces with other transport modes like road and rail freight. Similarly, more vessels will invest in hybrid engine drive systems, including an innovative diesel-electric engine, reducing C02 emissions across the industry. The environmentally friendly nature of inland water transport will encourage investment from the EU compared with less fuel-efficient transport modes, like road freight. Partially autonomous vessels will also gain traction in the coming years.

United States US: Total Inland Freight Transport: %: Rail data was reported at 36.577 % in 2021. This records an increase from the previous number of 35.448 % for 2020. United States US: Total Inland Freight Transport: %: Rail data is updated yearly, averaging 39.941 % from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 46.800 % in 2011 and a record low of 35.448 % in 2020. United States US: Total Inland Freight Transport: %: Rail data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.ITF: Freight Transport by Mode of Transport: OECD Member: Annual. [COVERAGE] Rail freight transport is any movement of goods using a railway vehicle or a given railway network. When a railway is being carries on another rail vehicle only the movement of the carrying vehicle (active mode) is being considered. TOTAL INLAND FREIGHT TRANSPORT Road freight transport is any movement of goods using a road vehicle on a given road network. When a road vehicle is being carried on another vehicle, only the movement of the carrying vehicle (active mode) is considered. Inland waterways freight transport is any movement of goods using IWT vessels which is undertaken wholly or partly on navigable inland waterways. Bunkers and stores supplied to vessels in ports are excluded. When an IWT vessel is being carried on another vehicle, only the movement of the carrying vehicle (active mode) is taken into account. [COVERAGE] Between 2006 and 2009, the decrease in rail freight transport was due to the impact of the recession. Between 2014 and 2016, the decrease in rail freight transport was due mainly to a large drop in costal shipments by rail. TOTAL INLAND FREIGHT TRANSPORT Inland waterways freight transport includes domestic lakewise shipments and 60% of foreign lakewise shipments. [STAT_CONC_DEF] TOTAL INLAND FREIGHT TRANSPORT Since 2012, road freight transport is regularly revised following improvements to the Freight Analysis Framework tool.

Companies in this industry transport freight via rivers, canals, lakes and other inland waterways, including inside harbours and ports. Inland freight water transporters suffer from intense competition from European rail and road freight transport. Road freight transport volumes have increased since 2012, eating into the market for inland water transport. According to Eurostat, freight transport activity decreased between 2013 and 2016 in the EU, showing a sharp drop as measured by tonne-kilometres. The Netherlands and Germany dominate activity across the industry, accounting for almost three-quarters of EU inland waterway transport. Over the five years through 2024, industry revenue is expected to drop at a compound annual rate of 8.3% to €6.9 billion. The COVID-19 outbreak adversely impacted inland water freight transport, lowering freight volumes across Europe and inducing supply chain disruption. Similarly, in 2022, Europe’s inland waterway freight transport industry recorded a sharp 9.8% drop (or 13 million tonne-kilometres) in freight volumes, according to Eurostat. In terms of tonnes transported, inland water freight transport slumped by 5.4% in 2022 (or 29 million tonnes), with business sentiment reaching historic lows. In 2024, industry revenue is estimated to tank by 7.7%, mainly because of intense competition from freight road transport in the EU. Over the five years through 2029, industry revenue is projected to fall at a compound annual rate of 1.8% to reach €6.3 billion. The industry is set to continue dwindling moving forward. However, increased digitalisation will support the industry by speeding up supply chain efficiency. Major companies are set to incorporate more real-time data across the supply chain, joining forces with other transport modes like road and rail freight. Similarly, more vessels will invest in hybrid engine drive systems, including an innovative diesel-electric engine, reducing C02 emissions across the industry. The environmentally friendly nature of inland water transport will encourage investment from the EU compared with less fuel-efficient transport modes, like road freight. Partially autonomous vessels will also gain traction in the coming years.

Companies in this industry transport freight via rivers, canals, lakes and other inland waterways, including inside harbours and ports. Inland freight water transporters suffer from intense competition from European rail and road freight transport. Road freight transport volumes have increased since 2012, eating into the market for inland water transport. According to Eurostat, freight transport activity decreased between 2013 and 2016 in the EU, showing a sharp drop as measured by tonne-kilometres. The Netherlands and Germany dominate activity across the industry, accounting for almost three-quarters of EU inland waterway transport. Over the five years through 2024, industry revenue is expected to drop at a compound annual rate of 8.3% to €6.9 billion. The COVID-19 outbreak adversely impacted inland water freight transport, lowering freight volumes across Europe and inducing supply chain disruption. Similarly, in 2022, Europe’s inland waterway freight transport industry recorded a sharp 9.8% drop (or 13 million tonne-kilometres) in freight volumes, according to Eurostat. In terms of tonnes transported, inland water freight transport slumped by 5.4% in 2022 (or 29 million tonnes), with business sentiment reaching historic lows. In 2024, industry revenue is estimated to tank by 7.7%, mainly because of intense competition from freight road transport in the EU. Over the five years through 2029, industry revenue is projected to fall at a compound annual rate of 1.8% to reach €6.3 billion. The industry is set to continue dwindling moving forward. However, increased digitalisation will support the industry by speeding up supply chain efficiency. Major companies are set to incorporate more real-time data across the supply chain, joining forces with other transport modes like road and rail freight. Similarly, more vessels will invest in hybrid engine drive systems, including an innovative diesel-electric engine, reducing C02 emissions across the industry. The environmentally friendly nature of inland water transport will encourage investment from the EU compared with less fuel-efficient transport modes, like road freight. Partially autonomous vessels will also gain traction in the coming years.

Companies in this industry transport freight via rivers, canals, lakes and other inland waterways, including inside harbours and ports. Inland freight water transporters suffer from intense competition from European rail and road freight transport. Road freight transport volumes have increased since 2012, eating into the market for inland water transport. According to Eurostat, freight transport activity decreased between 2013 and 2016 in the EU, showing a sharp drop as measured by tonne-kilometres. The Netherlands and Germany dominate activity across the industry, accounting for almost three-quarters of EU inland waterway transport. Over the five years through 2024, industry revenue is expected to drop at a compound annual rate of 8.3% to €6.9 billion. The COVID-19 outbreak adversely impacted inland water freight transport, lowering freight volumes across Europe and inducing supply chain disruption. Similarly, in 2022, Europe’s inland waterway freight transport industry recorded a sharp 9.8% drop (or 13 million tonne-kilometres) in freight volumes, according to Eurostat. In terms of tonnes transported, inland water freight transport slumped by 5.4% in 2022 (or 29 million tonnes), with business sentiment reaching historic lows. In 2024, industry revenue is estimated to tank by 7.7%, mainly because of intense competition from freight road transport in the EU. Over the five years through 2029, industry revenue is projected to fall at a compound annual rate of 1.8% to reach €6.3 billion. The industry is set to continue dwindling moving forward. However, increased digitalisation will support the industry by speeding up supply chain efficiency. Major companies are set to incorporate more real-time data across the supply chain, joining forces with other transport modes like road and rail freight. Similarly, more vessels will invest in hybrid engine drive systems, including an innovative diesel-electric engine, reducing C02 emissions across the industry. The environmentally friendly nature of inland water transport will encourage investment from the EU compared with less fuel-efficient transport modes, like road freight. Partially autonomous vessels will also gain traction in the coming years.

This statistic shows how long transport managers in the United Kingdom (UK) had been employed in that position in 2013. The recession has seen a quick succession of transport managers move through their roles with only around 20 percent having held that position for more than 10 years and 10 percent having held it for less than one year.

Companies in this industry transport freight via rivers, canals, lakes and other inland waterways, including inside harbours and ports. Inland freight water transporters suffer from intense competition from European rail and road freight transport. Road freight transport volumes have increased since 2012, eating into the market for inland water transport. According to Eurostat, freight transport activity decreased between 2013 and 2016 in the EU, showing a sharp drop as measured by tonne-kilometres. The Netherlands and Germany dominate activity across the industry, accounting for almost three-quarters of EU inland waterway transport. Over the five years through 2024, industry revenue is expected to drop at a compound annual rate of 8.3% to €6.9 billion. The COVID-19 outbreak adversely impacted inland water freight transport, lowering freight volumes across Europe and inducing supply chain disruption. Similarly, in 2022, Europe’s inland waterway freight transport industry recorded a sharp 9.8% drop (or 13 million tonne-kilometres) in freight volumes, according to Eurostat. In terms of tonnes transported, inland water freight transport slumped by 5.4% in 2022 (or 29 million tonnes), with business sentiment reaching historic lows. In 2024, industry revenue is estimated to tank by 7.7%, mainly because of intense competition from freight road transport in the EU. Over the five years through 2029, industry revenue is projected to fall at a compound annual rate of 1.8% to reach €6.3 billion. The industry is set to continue dwindling moving forward. However, increased digitalisation will support the industry by speeding up supply chain efficiency. Major companies are set to incorporate more real-time data across the supply chain, joining forces with other transport modes like road and rail freight. Similarly, more vessels will invest in hybrid engine drive systems, including an innovative diesel-electric engine, reducing C02 emissions across the industry. The environmentally friendly nature of inland water transport will encourage investment from the EU compared with less fuel-efficient transport modes, like road freight. Partially autonomous vessels will also gain traction in the coming years.

Amazon.com's annual shipping costs showed a steady increase from 2011 to 2023. In the most recently reported fiscal year, Amazon's shipping costs amounted to 89.5 billion U.S. dollars, up from 83.5 billion U.S. dollars in the previous year. Revenue rise and fall
The increasing shipping costs can be explained by Amazon's rapid growth over the past decade. Although, the road to success has not always been smooth. The general trend from 2015 to 2021 shows that Amazon's net income significantly increased. However, its net income plunged to negative values in 2022, resulting in a net loss of approximately 2.7 billion U.S. dollars. The brand value of the e-commerce giant also took a hit the following year, mainly due to the current market recession and challenging times for tech companies. Nonetheless, its revenue continues to climb, reaching almost 170 billion U.S. dollars in the last quarter of 2023, demonstrating resiliency in times of market uncertainty. Herding the online flock In December 2023, amazon.com recorded a whopping 2.7 billion web visits. The website is most often accessed by direct search, but consumers also arrive via other sites. In fact, approximately 370 million users click to amazon.com from social media platforms. Among social sites, YouTube refers the most consumers to amazon.com. In December 2023, nearly 60 percent of all social media traffic referrals came from the popular video-sharing platform. Facebook was the second-highest source of referrals, followed by Twitter and Reddit. Thus, social media can be a useful tool for reaching potential customers.

This statistic shows the total air cargo uplifted from British airports between 2002 and 2020, with cargo including freight and mail, for both international and domestic flights. The amount of cargo being uplifted increased steadily between 2002 and 2008 and has shown an increase since the recession drop. However, as of 2012, the volume of air cargo uplifted began to fall gradually. In 2020, the volume of air cargo uplifted reached ******* metric tons.

Companies in this industry transport freight via rivers, canals, lakes and other inland waterways, including inside harbours and ports. Inland freight water transporters suffer from intense competition from European rail and road freight transport. Road freight transport volumes have increased since 2012, eating into the market for inland water transport. According to Eurostat, freight transport activity decreased between 2013 and 2016 in the EU, showing a sharp drop as measured by tonne-kilometres. The Netherlands and Germany dominate activity across the industry, accounting for almost three-quarters of EU inland waterway transport. Over the five years through 2024, industry revenue is expected to drop at a compound annual rate of 8.3% to €6.9 billion. The COVID-19 outbreak adversely impacted inland water freight transport, lowering freight volumes across Europe and inducing supply chain disruption. Similarly, in 2022, Europe’s inland waterway freight transport industry recorded a sharp 9.8% drop (or 13 million tonne-kilometres) in freight volumes, according to Eurostat. In terms of tonnes transported, inland water freight transport slumped by 5.4% in 2022 (or 29 million tonnes), with business sentiment reaching historic lows. In 2024, industry revenue is estimated to tank by 7.7%, mainly because of intense competition from freight road transport in the EU. Over the five years through 2029, industry revenue is projected to fall at a compound annual rate of 1.8% to reach €6.3 billion. The industry is set to continue dwindling moving forward. However, increased digitalisation will support the industry by speeding up supply chain efficiency. Major companies are set to incorporate more real-time data across the supply chain, joining forces with other transport modes like road and rail freight. Similarly, more vessels will invest in hybrid engine drive systems, including an innovative diesel-electric engine, reducing C02 emissions across the industry. The environmentally friendly nature of inland water transport will encourage investment from the EU compared with less fuel-efficient transport modes, like road freight. Partially autonomous vessels will also gain traction in the coming years.

Companies in this industry transport freight via rivers, canals, lakes and other inland waterways, including inside harbours and ports. Inland freight water transporters suffer from intense competition from European rail and road freight transport. Road freight transport volumes have increased since 2012, eating into the market for inland water transport. According to Eurostat, freight transport activity decreased between 2013 and 2016 in the EU, showing a sharp drop as measured by tonne-kilometres. The Netherlands and Germany dominate activity across the industry, accounting for almost three-quarters of EU inland waterway transport. Over the five years through 2024, industry revenue is expected to drop at a compound annual rate of 8.3% to €6.9 billion. The COVID-19 outbreak adversely impacted inland water freight transport, lowering freight volumes across Europe and inducing supply chain disruption. Similarly, in 2022, Europe’s inland waterway freight transport industry recorded a sharp 9.8% drop (or 13 million tonne-kilometres) in freight volumes, according to Eurostat. In terms of tonnes transported, inland water freight transport slumped by 5.4% in 2022 (or 29 million tonnes), with business sentiment reaching historic lows. In 2024, industry revenue is estimated to tank by 7.7%, mainly because of intense competition from freight road transport in the EU. Over the five years through 2029, industry revenue is projected to fall at a compound annual rate of 1.8% to reach €6.3 billion. The industry is set to continue dwindling moving forward. However, increased digitalisation will support the industry by speeding up supply chain efficiency. Major companies are set to incorporate more real-time data across the supply chain, joining forces with other transport modes like road and rail freight. Similarly, more vessels will invest in hybrid engine drive systems, including an innovative diesel-electric engine, reducing C02 emissions across the industry. The environmentally friendly nature of inland water transport will encourage investment from the EU compared with less fuel-efficient transport modes, like road freight. Partially autonomous vessels will also gain traction in the coming years.