Over the past few years, the freight trucking market has experienced waves of changes in terms of how freight trucks are operated, integration of cutting-edge technologies, and advancements in truck designs, among others. The production of freight trucks continues to grow across the world due to logistic requirements from an array of end-use industries, including food & beverages, oil & gas, energy & mining, chemicals, and more. Several factors are expected to influence the expansion of the freight trucking market such as a surge in automation, exponential growth of the e-Commerce sector, and focus on industrialization by governments across the Asia Pacific, and the advent of next-generation technologies, including order entry systems, warehouse management systems, transportation management systems, and global positioning systems.
