Transport Intelligence Report: Global Freight Forwarding 2019
Global Freight Forwarding 2019 provides a detailed look at major trends and drivers affecting the freight forwarding market in 2019 and beyond.
Knowing the forwarding market is changing is not enough – leaders need to know where the market is headed, how their competitors are reacting, and the steps to take today so they’re in a position to win tomorrow.
GFF19 examines key trends in forwarding that have and will continue to cause profound transformation. These are:
- The state and disruption of the global forwarding market.
- The threats and opportunity tech-enabled forwarders face over the next 5 years.
- The changing role of freight forwarders in global supply chains.
Key questions the report asks and answers:
- How is the structure of the market changing with consolidation and new digital entrants?
- How are volumes, capacity and prices developing?
- What’s driving growth in the air and sea freight markets?
- Which factors influence shippers choice of digital vs traditional forwarder?
- Who are the leading digital forwarders?
- To what extent is near shoring affecting global trade patterns?
- What are the strategies of the leading players?
- How fast will the market grow in the future?
- What is the adoption rate of digital forwarding services by shippers?
- How fast is the market growing?
Exclusive highlights
- Top line figures show shippers are booking 10.2% of their volumes through online platforms
- Shippers are choosing platforms for quick quotes and easy booking
- Digital platforms market share set to nearly double in the next 5 years
- Increases in capacity with softer increases in volumes are putting downward pressure on prices
- Trade growth is being supressed by mounting trade wars
Exclusive highlights
- The structure of the market is changing less rapidly than expected
- The global market grew at 3.8% in 2018, and is expected to grow at a CAGR of 3.7% to 2023
- Data shows near-shoring is not yet having a significant effect on global trade patterns
- Volumes increasingly moving from air to sea
- Scale has only a limited effect on profitability
- Extensive global trade data included in supplementary materials
This report is available to download today – if you would like a brochure, please click here