© Khunaspix Dreamstime.
By Alex Lennane
Interesting new research from Transport Intelligence shows that the overall forwarding market grew 3.1% last year to $125.8bn – but that this was entirely fuelled by sea freight, which grew a surprising 11.5%. Air freight on the other hand, decreased by 4.2%. But what is of note perhaps is that the air freight market, while marginal in volumes compared with ocean, was still worth roughly the same as the ocean market – at $62.6bn.
