Steep fall in freight forwarding growth last year

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Freight forwarding experienced a steep decline in growth rates during 2018. According to figures from research by Ti, the rate of growth more than halved from 8% to 3.9%, with much of the blame levelled at the troubling trading conditions. Citing the managing director of the IMF, Christine Lagarde, Ti notes that the global economy is in a “delicate moment” as rising trade tensions and the financial tightening seen in the second half of 2018 maintain their grip. While it claims ...