Multinational forwarders losing 'abandoned' clients to more agile smaller rivals
Mid-sized forwarders have reported they are gaining customers at the expense of multinationals as Covid-19 ...
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By Dan March
The latest industry data reveals that the top 20 global freight forwarders are losing market share in every region of the world, and that regional and independent forwarders are leading industry growth.
It was all supposed to be so straightforward. Industry analysts, multinational freight forwarder executives and MBA business students all fell into line in 2009, predicting that the global downturn would largely kill off the independent forwarding sector and consolidation would leave the global logistics companies with a rapidly growing ...
Comment on this article
Rahul Gopinadhan
October 06, 2013 at 7:01 amIts exactly true but not able to identify why Biggies fall on Market share and the small time players peep in run away with a lion share
Ryan Hodges
October 07, 2013 at 11:46 pmThank you for an excellent article.