chinese truck at container terminal
© Sheng Zhang

E-commerce is helping fuel a surge in demand for HGVs, the sector expecting global growth of more than 4% over the next eight years.

A survey by Fact MR found the logistics market represented the highest market share for HGVs.

A spokesperson said: “Booming economic growth with gradual growth in the urbanisation profoundly impacted the transportation sector. This propels the heavy-duty trucks market globally… with an upsurge in construction and logistics sector expected to augment the market further.”

The report found that Europe and ...

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