LONDON, Oct. 12, 2016 /PRNewswire/ -- About the 2016 Global Freight Forwarding Report
As with previous years, the report provides industry leading analysis of global, regional and country level freight forwarding markets as well as detailed analysis of the financial and volume performance of the most significant players. In addition, the report also contains comprehensive profiles of the top 15 freight forwarders.
Exclusive Highlights on Market Size and Forecasts
The global freight forwarding market is estimated to have contracted by 1.6% in nominal terms in 2015.
Ti expects the market share of Europe to contract between 2015 and 2019, whereas emerging regions will gain.
DSV is the major mover in the top 10 when including the estimated full-year impact of its acquisition of UTi
Combined, the 20 leading forwarders are thought to represent almost 58% of the market.
Small forwarders continue to effectively compete against the largest in the industry, demonstrating that economies of scale are not the be-all and end-all of the business.
Exclusive Highlights on Trade Lanes
The top ten regional trade flows, in terms of value, represented 78% of the total value of traded goods in 2015. Intra-regional trade dominates the global picture, with the top three intra-regional trade lanes alone accounting for 52% of global trade.
The dominance of intra-regional trade is likely to continue. However, APAC to North America flows have grown since 2014, reflecting the growing importance of emerging Asian economies in global trade.
In the future, new trade deals such as the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP) are likely to boost trade between APAC and North America, and the EU and the US. Freight forwarders will adapt to these changing, dynamic global trade patterns through new solutions, partnerships and geographic expansion.
Download the full report: https://www.reportbuyer.com/product/3971901/
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
For more information:
Research Advisor at Reportbuyer.com
Tel: +44 208 816 85 48
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-global-freight-forwarding-report-2016-300343853.html