Recently, I left a meeting with the management team of a certain Europe-based global freight forwarder, and I could not help reflecting that no matter what their size, forwarders are always to some extent at the mercy of their carriers – particularly those exposed to the ocean trade, where unfavourable consolidation trends among carriers means both they and shippers are showing a growing strength in supply chain negotiations.

In that respect, the latest results of US forwarder Expeditors International seem particularly pertinent: ...

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