Declining in value bu 3.3% from 2012, the freight forwarding industry is facing major challenges as it fights to stay viable in the changing global environment. According to Ti’s latest industry report ‘Global Freight Forwarding 2014‘, troubling capacity concerns within the air and sea freight markets combined with manufacturers focusing away from globalisation and towards regionalisation are resulting in changes to freight forwarding strategies and product solutions.
While freight forwarders look to new markets and industries, economic forces are underway favouring a return to regionalisation from that of globalisation. How will this affect the freight forwarding market?
To find out more about Ti’s most recent industry report ‘Global Freight Forwarding 2014’ please see the Transport Intelligence website here.
Alternatively, contact Ti’s Sales Executive, Holly Francis E: email@example.com who will be happy to assist.