The global freight forwarding market and its impact on globalisation

04/09/2017

Supply chain guru Mark Millar has written a white paper, much of it based on Transport Intelligence research, looking at the freight forwarding industry. It touches on key trends, including the increased move towards regional supply chains, and the consequences thereof – in this case, the decreasing speed advantage of air over ocean in shorter chains, and the likelihood of more frequent but shorter journeys and more domestic freight moves. Mr Millar also considers the freight forwarding industry itself: a $150bn business, of which 44% is accounted for by the top 20, led by DHL with a 7.9% market share, with CEVA coming in at 20^th with a 2.3% share. Tier 2 forwarding companies account for some 16% of the market, leaving the remaining 40% – worth $57bn – to other forwarders. An interesting abbreviated read of Ti’s data.

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Ameliia
November 03, 2017 at 8:46 am
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