Airfreight forwarding a better bet than ocean for investment this year
Forwarders more focused on airfreight will fare better this year than those with a higher ...
Photo: www.caughtinthemoment.com
Despite waves of consolidation among larger players, the future of independent freight forwarders serving SME shippers has never been more secure, delegates at this week’s S&P TPM conference in Long Beach were told.
Otto Schacht (above), who led Kuehne + Nagel’s ocean freight department for over two decades until moving to an advisory role last year, said a fundamental characteristic of the freight forwarding sector was how splintered it was, globally.
“The freight forwarding industry has always been heavily fragmented – if ...
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