News / Consolidation 'inevitable' as freight forwarders see challenges grow as market shrinks

28/06/2016

Revenues in the global freight forwarding market declined by 1.6% last year, due to continuing overcapacity in both air and ocean segments.

According to Transport Intelligence’s Global Freight Forwarding 2016, the sea freight market was worst affected, declining by 2.8%. It said: `The collapse in the ...

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