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Transport industry

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Through Transport, Manufacturing and Logistics

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In the EU, the transport industry directly employs around 10 million people and accounts for about 5% of the gross domestic product (GDP). Logistics account for 10–15% of the cost of a finished product for European companies. On average 13.2% of every household's budget is spent on transport, which still depends heavily on fossil fuels and represents an important source of CO2 emissions. Emissions from road freight transport have risen by more than 20% since 1995, counterweighting the increased energy efficiency of vehicles.

Logistics and transport as the basis of global trade is worth over 5.7 trillion Euros.

Global players

According to Forbes Global 2000, FedEx is the biggest transportation and logistics company in the world in 2021, closely followed by UPS.

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