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Yahoo
11-06-2025
- Business
- Yahoo
Hazardous Goods Logistics Market Worth Over $390 Billion by 2030: Analysis of Key Players, Strategies, and Market Dynamics
The market offers opportunities driven by the rise in industrial activities in chemicals, pharmaceuticals, and mining sectors, demanding safe transport solutions Hazardous Goods Logistics Market Dublin, June 11, 2025 (GLOBE NEWSWIRE) -- The "Hazardous Goods Logistics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" has been added to offering. The Hazardous Goods Logistics Market was valued at USD 274.2 billion in 2024 and is expected to reach USD 390.2 billion by 2030, rising at a CAGR of 5.90%. The market is expanding steadily due to increasing industrial activities across sectors like chemicals, pharmaceuticals, oil & gas, and mining - all of which require specialized logistics for the safe handling and transportation of hazardous materials. Regulatory mandates from organizations such as OSHA, IMDG, and ADR are pushing companies to adopt compliant and secure logistics solutions. Advancements in technologies like IoT, GPS tracking, and blockchain are improving real-time visibility, safety, and traceability of hazardous goods during transport. Additionally, growing environmental and workplace safety concerns are prompting investments in eco-friendly transportation and employee safety training. Rising cross-border trade and the emergence of e-commerce for regulated hazardous materials also contribute to market expansion. Urbanization and infrastructure development in emerging economies further support logistics needs, reinforcing the essential role of hazardous goods logistics across global supply chains. Key Market Driver Rapid Industrialization and Expansion of High-Risk Industries: A key driver of the global hazardous goods logistics market is the continued industrial growth and expansion of sectors like chemicals, pharmaceuticals, oil & gas, mining, and heavy manufacturing. These industries routinely produce large volumes of hazardous substances that must be transported under strict safety and regulatory protocols. Emerging markets across Asia-Pacific, Latin America, and Africa are witnessing industrialization at a rapid pace, increasing the need for specialized logistics systems. As these sectors grow, so does the requirement for secure transport systems capable of managing hazardous items such as flammable, toxic, and explosive materials. This has created sustained demand for purpose-built logistics services, including temperature-controlled transport, reinforced packaging, and compliant warehousing to mitigate risks and meet evolving safety standards. Key Market Challenge Complex Regulatory Compliance and Varying International Standards: Navigating the complex and inconsistent regulatory landscape is one of the biggest challenges in the hazardous goods logistics market. Different countries and regions maintain varying requirements concerning classification, labeling, packaging, documentation, and permissible transport modes for hazardous materials. Logistics providers must remain compliant with regulations such as ADR in Europe, IMDG for maritime transport, and national guidelines like those from OSHA and the DOT in the United States. This regulatory diversity increases operational complexity and demands continuous updates to safety procedures and documentation protocols. Ensuring compliance across multiple jurisdictions can result in added costs and resource strain, especially for companies handling cross-border shipments, making regulatory adaptation a persistent hurdle. Key Market Trend Integration of Advanced Technologies for Enhanced Safety and Efficiency: The hazardous goods logistics market is witnessing a significant shift towards the adoption of advanced technologies aimed at improving safety, efficiency, and regulatory compliance. IoT-enabled sensors are being widely used to monitor conditions such as temperature, pressure, and humidity in real-time, ensuring that hazardous materials remain within safe limits throughout their journey. These systems also detect anomalies early, reducing the risk of accidents. Additionally, GPS and telematics solutions are enhancing fleet visibility, route optimization, and driver management, leading to improved delivery accuracy and reduced response times. Blockchain is being explored for documentation and tracking, offering increased transparency and traceability across the logistics chain. Together, these innovations are setting new standards in hazardous materials transportation by minimizing risks and improving operational control. Key Market Players Profiled: Deutsche Post DHL Group Ceva Logistics Bollore Logistics DGD Transport Toll Group YRC Worldwide Inc. DB Schenker Hellmann Worldwide Logistics Report Scope In this report, the Global Hazardous Goods Logistics Market has been segmented into the following categories: Hazardous Goods Logistics Market, By Product Type: Flammable Explosive Radioactive Bio-hazardous Others Hazardous Goods Logistics Market, By Application: Industrial Healthcare Agriculture Others Hazardous Goods Logistics Market, By Service: Transportation Warehousing & Distribution Value-Added Services Hazardous Goods Logistics Market, By Region: North America United States Canada Mexico Europe Germany France United Kingdom Italy Spain Asia Pacific China India Japan South Korea Australia South America Brazil Colombia Argentina Middle East & Africa Saudi Arabia UAE South Africa Key Attributes Report Attribute Details No. of Pages 188 Forecast Period 2024-2030 Estimated Market Value (USD) in 2024 $274.2 Billion Forecasted Market Value (USD) by 2030 $390.2 Billion Compound Annual Growth Rate 5.9% Regions Covered Global For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Hazardous Goods Logistics Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
10-06-2025
- General
- Yahoo
Safe transport of dangerous goods starts with packaging
The safe transport of hazardous materials—commonly referred to as hazmat—relies heavily on the integrity and compliance of their packaging. Whether it's flammable liquids, corrosive substances, or toxic chemicals, appropriate hazmat packaging is essential to protect people, property, and the environment. In the UK and globally, strict regulations govern how dangerous goods are packaged, labelled, and handled. Hazmat packaging must meet rigorous international standards to ensure safety during transit. The United Nations (UN) has established a classification system that dictates how hazardous materials are packaged, labelled, and transported. Each substance is assigned a hazard class (e.g., Class 3 for flammable liquids, Class 6.1 for toxic substances) and a packing group (I, II, or III) based on the level of danger. In the UK, the Carriage of Dangerous Goods Regulations align with international frameworks such as ADR (road), RID (rail), and IMDG (sea), requiring that all dangerous goods be contained in UN-certified packaging. This packaging must undergo rigorous testing—including drop, pressure, and leakproofness tests—to ensure it can withstand the rigours of transport. UN-approved packaging is marked with specific codes indicating the type of container, material, and the level of hazard it can safely contain. For instance, a code beginning with "1A1" denotes a non-removable head steel drum suitable for liquids, while "X," "Y," or "Z" indicates the packing group level the container is certified for. Selecting the appropriate packaging depends on the nature of the hazardous material. Common types include: Drums: Available in steel, plastic, or fibreboard, drums are widely used for transporting liquids and powders. Steel drums are ideal for flammable or volatile substances due to their durability and ability to be grounded, reducing static discharge risks. Intermediate Bulk Containers (IBCs): These are large, reusable containers, typically holding up to 1,000 litres. Made from high-density polyethylene (HDPE) and often encased in a metal cage, IBCs are suitable for bulk transport of liquids and are designed for easy handling with forklifts. Jerrycans: Smaller containers, usually up to 25 litres, made from metal or plastic. They are commonly used for transporting smaller quantities of hazardous liquids and are valued for their portability and resistance to corrosion. Salvage Drums: These are overpack containers used to contain leaking, damaged, or non-compliant drums. The "T" Salvage Drum, for example, meets stringent UN requirements for the safe recovery and transport of compromised hazardous material containers. The choice of packaging must also consider compatibility with the contents to prevent reactions that could compromise the container's integrity. For example, certain chemicals may corrode plastic, necessitating the use of metal containers. Ensuring safety in the handling and transport of hazardous materials extends beyond selecting the right container. Key best practices include: Proper Labelling: All hazmat packages must be clearly labelled with the appropriate hazard symbols, UN numbers, and handling instructions. This ensures that handlers and emergency responders are aware of the contents and associated risks. Employee Training: Personnel involved in the packaging and transport of hazardous materials must receive comprehensive training. This includes understanding the properties of the materials, packaging requirements, and emergency response procedures. Regular Inspections: Packaging should be routinely inspected for signs of wear, corrosion, or damage. Any compromised containers should be replaced or repackaged in salvage drums to prevent leaks or spills. Record Keeping: Maintaining detailed records of hazardous material shipments, including the types of packaging used and compliance with regulations, is essential for accountability and traceability. Adhering to these practices not only ensures compliance with legal requirements but also significantly reduces the risk of accidents during the transport of hazardous materials. Hazmat packaging is a critical component in the safe and compliant transport of dangerous goods. By understanding the regulations, selecting appropriate packaging, and implementing best practices, businesses can effectively mitigate risks associated with hazardous materials. As industries continue to evolve and new materials are developed, staying informed and proactive in hazmat packaging strategies remains essential for safety and environmental protection. "Safe transport of dangerous goods starts with packaging" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Time of India
09-06-2025
- General
- Time of India
Wan Hai's dangerous cargo raises safety concern
Kozhikode: Singapore-flagged container ship Wan Hai 503, which caught fire 44 nautical miles off Azhikkal coast and is adrift, has 157 containers with dangerous cargo listed by International Maritime Organization (IMO). The cargo includes flammable materials, spontaneously combustible substances, and toxic chemicals like pesticides. This raises serious concerns about environmental damage in the Arabian Sea. The cargo manifest, accessed by TOI, showed that the ship has flammable solids (IMO class 4.1) in 20 containers. These include extremely flammable nitrocellulose with alcohol (at least 25% alcohol by mass and up to 12.6% nitrogen by dry mass) in two containers, naphthalene (crude or refined) in 12 containers, solids with flammable liquid in one container and paraformaldehyde in four containers. More importantly, the ship is carrying over 4,900kg of spontaneously combustible (IMO class 4.2) organometallic substance. This pyrophoric material, which can ignite on contact with air and reacts with water, is stored in one container in five portable tanks. IMO guidelines say spontaneously combustible materials are liquids or solids that can catch fire within five minutes of air exposure or self-heat without any external energy. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Maryland Launches New Policy for Cars Used Less Than 50 Miles/day Bindright Undo The ship also has toxic and poisonous substances (IMO class 6.1) in 20 containers. These include 800 drums of bipyridylium pesticide weighing 1,83,200 kg used for weed and pest control, 132 drums of highly toxic and corrosive ethyl chloroformate weighing 27,786 kg in one container, and many other toxic chemicals. Other toxic substances on board include dimethyl sulphate and hexamethylene diisocyanate. The ship has around 50 containers with flammable liquids (IMO class 3). These include ethanol, paint, turpentine, printing ink, ethyl methyl ketone (an industrial solvent), and other materials. A flammable liquid (class 3) is any liquid with a flash point of 60.5°C or less or a liquid heated and transported at or above its flash point in bulk packaging. The ship also carries environmentally-hazardous substances, including benzophenone, trichlorobenzene, 167 boxes of lithium batteries and many others. Spontaneously combustible and highly flammable substances have blocked other vessels from approaching Wan Hai 503 and put out its fire. Shipping experts say the fire's high heat can weaken the stacked containers, causing them to collapse like a pancake and topple. Reports say many containers have already fallen into the sea. Azhikkal port officer Arun Kumar PK confirmed the ship is carrying dangerous cargo in four IMDG classes: 3, 4.1, 4.2, and 6.1.
New Indian Express
27-05-2025
- General
- New Indian Express
Experts warn of ecological fallout from sunken Liberian ship
THIRUVANANTHAPURAM: Marine experts have raised alarm over the potential environmental consequences following the sinking of the MSC ELSA 3 off the Kochi coast. Their primary concerns centre on the oil spill and the risk of cargo classified as International Maritime Dangerous Goods (IMDG) leaking into the sea. Grinson George, director of the ICAR-Central Marine Fisheries Research Institute (CMFRI), said that a comprehensive assessment of the situation will take several days. He said that the ecological and economic repercussions depend significantly on the scale of any leaks. 'Oil contamination could pose a serious threat to sensitive marine species and disrupt fishing activities, particularly impacting local fishermen,' Grinson said. 'If the spill expands, it could greatly affect marine productivity, especially during the monsoon - a critical period for the breeding and growth of pelagic fish. This would have long-lasting consequences for the fishing industry, which had been anticipating a robust fishing season due to the traditionally high marine productivity during these months,' he added.
New Indian Express
25-05-2025
- General
- New Indian Express
Leaning Liberian vessel off Kerala coast raises fears of bunker spill and container drift
KOCHI: While the listing of a Liberian container vessel 38 nautical miles off the Kerala coast poses a danger to other ships and fishing boats near the international shipping channel, experts point out that a possible bunker spill could threaten the marine ecosystem in the entire Alappuzha region. 'As per reports available, at least eight containers have already fallen into the sea. An alert has been issued to ships and fishing vessels sailing through the specific route along the international shipping channel,' Captain Jismon Jacob, Alappuzha port officer and registering authority of Kerala inland vessels, told TNIE. He said the ship -- MSC Elsa 3 -- was carrying IMDG (International Maritime Dangerous Goods Code) cargo. 'The sea is rough and there is a great chance of the containers drifting towards the shore due to the southwest monsoon effect,' he said. The 184-metre-long vessel was reportedly carrying marine gas oil (MGO) and very low sulphur fuel oil (VLSFO). 'Since it's liquid type, there's a chance of corrosion and further explosion. Other vessels and fishing boats have been issued alerts to take additional precautionary measures like vessel speed reduction (VSR) and continuous monitoring for floating containers using devices. If the container sinks, the strong undercurrent will make them drift, and if the same are floating, the wind will be a critical factor,' Captain Jismon cautioned. The containers are expected to drift towards the shore and there is a possibility of being sighted in a day or two. 'The public shouldn't go near the container as there's a possibility of an explosion. The message needs to be sent to all coastal residents,' he added. The ship was proceeding from Vizhinjam to Kochi along a specific route taken by other vessels as well.
