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What are freight and logistics stocks?

Freight and logistics companies connect manufacturers with retailers and consumers worldwide and are crucial for global trade. The stock market comprises 11 primary market sectors, and freight and logistics stocks are a sub-industry of the broader industrials sector.

What is the global freight trucking market worth?

The value of the worldwide freight trucking market is estimated at approximately $2.3 trillion in 2023, and is projected to expand to around $3.4 trillion by 2030. Although trucking remains a critical component of the global economy, the industry has been facing a downturn of late.

What is a freight & logistics industry?

The freight and logistics industry encompasses the transportation, storage, and distribution of goods and commodities. It plays a crucial role in global trade and commerce, facilitating the movement of goods from manufacturers to consumers.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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