News / Forwarding business model under threat as global supply chains become regional

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Despite a recovery in the global freight forwarding market last year, the overall size of the market is smaller than in 2012, when it was worth $130.5bn, according to a new report from Transport Intelligence (Ti).

The analyst’s annual report into the largest freight forwarders and their market concluded that while the industry grew 2% last year to reach $128.6bn, it failed to make up for the 3% contraction it experienced in 2013, when it fell to $126.1bn.

It appears that much ...