News / Covid disruption sees smaller, 'more nimble' forwarders score over big rivals

Small forwarders are winning against top-25 players in the battle for surging spot-buy airfreight volumes.

According to freight marketplace Cargobase, which connects shippers with forwarders, the top 25 forwarders are only winning 30% of the ad hoc airfreight business they bid for on the platform, down from 53% in Q1.

CEO and founder Wiebe Helder said: “The lack of automated quoting with the top forwarders is costing them heavily and, in consequence, benefiting the smaller players.

“As a result, we are seeing increased ...