Global Freight Forwarding 2018 provides a detailed look at major trends and drivers affecting the freight forwarding market in 2018 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.
GFF18 examines key trends in forwarding that have and will continue to cause profound transformation. These are:
- The state and disruption of global trade
- 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:
- What is the state of global trade today, and what opportunities and threats do forwarders face?
- Can traditional forwarders react to the threat from digital platforms?
- What role do SMEs play in global trade, and are the large forwarders set up to capture their business?
- Do spot market platforms and digital forwarders have a future?
- What drivers in the forwarding marker, in key vertical sectors and in regions across the world will bring about profound change over the next decade?
- How quickly is the forwarding market growing globally, and by region and country?
- A case study on the development of battery technology and its impacts on forwarding in the high tech and automotive sectors
- This exclusive GFF18 market sizing, which includes 5-year forecasts for the first ever time
- Analysis of China’s European Landbridge and One Belt, One Road initiatives and the potential effects on modal shift in the forwarding market
- The changing role of freight forwarders - The researchers have undertaken an extensive interview-based research programme with many of the world’s top 20 forwarders, leading freight platforms and industry players to determine the direction of the market and the strategies employed to meet challenges over the next 5 years.
This report contains:
- Market sizing including 2017 and 5-year CARG growth rates 2017-2022
- Extensive, interview-based primary research from major players
- An analysis of modal shift in forwarding
- Forwarding 2030 Case Studies - Shifting automotive supply chains, Decarbonising logistics and China’s Belt & Road Initiative
This report is perfect for:
- Supply chain managers and directors
- Logistics procurement managers
- Global manufacturers
- Banks and financial institutions
- Marketing managers
- Knowledge managers
- All C-level executives
1. Key Findings
2. Global Trade & Vertical Sectors
2.1 Freight Forwarding Fundamentals
2.1.1 Globalisation & Trade Patterns
2.1.2 ‘Trade Wars’
2.1.3 Volume Growth
2.1.4 Rate Dynamics
2.1.5 The relationship between rates and margins
2.1.6 Modal Shift
2.1.7 4PLs, LLPs, & control towers
2.2 Global Trade Patterns
2.2.1 World trade by product group (US$bn)
2.2.2 Top 10 regional trade flows
2.3 Forwarding 2030 Case Studies
2.3.1 Batteries: powering the transformation of automotive supply chains - by Professor John Manners-Bell
2.3.2 Logistical implications of the fossil fuel phase-out - by Professor Alan McKinnon
2.3.3 The Belt & Road Initiative
3. The Changing Role of Forwarders
3.1 Can ‘tech forwarders’ disrupt the industry?
3.1.2 What are the limitations of tech forwarders?
3.1.3 What are the opportunities for tech forwarders?
3.1.4 Is there a margin in offering basic, commoditized online forwarding services to SMEs?
3.1.5 How can tech forwarders secure higher margins?
3.1.6 So what is the future for tech forwarders?
3.2 The SME opportunity
3.2.1 How large are SME trade volumes?
3.2.2 Are SME trade volumes growing faster than those of large shippers?
3.2.3 How profitable is SME business for forwarders?
4. Market Sizing
4.1 Global freight forwarding market size and forecast
4.2 Global air freight forwarding market size and forecast
4.3 Global sea freight forwarding market size and forecast
4.4 Asia Pacific freight forwarding market size and forecasts
4.5 Europe freight forwarding market size and forecasts
4.6 Middle East & North Africa freight forwarding market size and forecast
4.7 North America freight forwarding market size and forecast
4.8 Russia, Caucasus and Central Asia market size and forecast
4.9 South America freight forwarding market size and forecast
4.10 Sub-Saharan Africa freight forwarding market size and forecast
5.1 Market Concentration
5.1.1 Market consolidation
5.2 Top 20s
5.2.1 Top 20 Global Air freight Forwarders by Revenue
5.2.2 Top 20 Global Air Freight Forwarders by Volume
5.2.3 Top 20 Global Sea Freight Forwarders by Revenue
5.2.4 Top 20 Sea Freight Forwarders by Volume
5.3 Margin Analysis
5.3.1 Gross Profit Margin Analysis
5.3.2 EBIT Margins
5.3.3 Conversion ratios (EBIT to gross profit ratio)
5.4 Provider Profiles
5.4.4 DHL Global Forwarding
5.4.5 DB Schenker Logistics
5.4.8 Kuehne + Nagel
Global freight forwarding market sees rapid growth in 2017 as large forwarders seek to transform themselves from within
- The global freight forwarding market grew by 8.0% in 2017 - a rapid expansion compared with recent years and the biggest annual gain since 2010
- The forwarding market and its largest players are embracing technology as they seek to transform their operations from within
- The entry of ‘tech forwarders’ - including digital forwarders and spot market platforms - has driven the largest forwarders to enhance their own technology usage and the capabilities they offer to shippers
- Customer-centricity is at the top of the agenda as the world’s largest freight forwarders look to drive efficiency and establish new routes to market.
At 8.0% the global freight forwarding market grew at its quickest annual pace since 2010. This was driven by strong growth in both air and sea freight which both saw year-on-year increases, while forecasts reveal that sea freight is positioned to continue healthy growth over the short- to medium-term.
The changing role of freight forwarders in 2018
Perhaps more than ever, freight forwarding stands at a crossroads with forwarders large and small facing significant challenges and threats in a market characterized by strong growth and abundant opportunity.
Meeting the challenges and overcoming the threats requires forwarders embrace technology, drive scale and efficiency in their operations, and truly put shippers at the centre of their operations. These same drivers are also the clearest route forwarders have to capitalizing on the opportunities in today’s market. As such, Global Freight Forwarding 2018 examines in detail the strategies and technologies the world’s largest forwarders are using to position themselves for the future.
New in Global Freight Forwarding 2018
Alongside the publisher's Global Freight Forwarding market sizing, which for the first time includes 5-year compound annual growth rates (CAGRs) for the 2017-2022 period, is an in-depth analysis of the opportunities SMEs offer forwarders. It has long been an ambition of many of the world’s largest air and ocean forwarders to win additional business from SMEs. And with the widespread rollout of online freight quotation and booking platforms, there has been a renewed forwarder focus on SMEs.