News / SME forwarders must adapt to airfreight market dynamics or lose business

Airplane plane takes off behind stack of cardboard boxes and stand with red up arrow. concept of air cargo and parcels, airmail. Fast delivery of goods and products. Cargo aircraft. Logistics,

05/12/2023

The soft airfreight market has seen small and medium-sized forwarders gaining market share, but they will need to improve in some areas to retain that share.

Fiata chairman Turgut Erkeskin told delegates at the ACE air freight forwarding event in Abu Dhabi today that the market offered prime opportunities for smaller forwarders that can specialise in niche areas – “Standardisation is a killer for forwarding,” he said.

WorldACD data for September showed smaller forwarders had a 15.6% share of the market, ...