Forwarders eye closer ties with smaller box lines as the 'trade gap' widens
Forwarders are focusing on building improved relationships with smaller container lines amid deteriorating relationships with ...
Freight forwarding experienced a steep decline in growth rates during 2018. According to figures from research by Ti, the rate of growth more than halved from 8% to 3.9%, with much of the blame levelled at the troubling trading conditions. Citing the managing director of the IMF, Christine Lagarde, Ti notes that the global economy is in a “delicate moment” as rising trade tensions and the financial tightening seen in the second half of 2018 maintain their grip. While it claims ...
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