Freight forwarding global Market share (Chart)

September 20, 2017 Pieter Kinds

The modal share between air freight and sea freight of the dollar value of global forwarding remains fairly consistent at a ratio of 52:48, with air representing 52% of total freight forwarding revenues and sea representing 48%.

Across many thousands of service providers, almost 60% of the global freight forwarding market is controlled by the top 20 global forwarders, resulting in an available market for all other forwarders of almost 57 billion USD dollars (40.5% of the total market).

Across many thousands of service providers, almost 60% of the global freight forwarding market is controlled by the top 20 global forwarders, resulting in anavailable market for all other forwarders of almost 57 billion USD dollars (40.5% of the total market).

 

 

Figure 2 - Global Forwarding - Forwarders’ Market Share (Source: Ti)

 

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About the Author

Pieter Kinds

Pieter Kinds (41) is Director at ControlPay, a global Freight Audit provider and the CEO of TenderTool, a cloud-based logistics sourcing platform. Active for over 14 years, Pieter is eager to share insights, thoughts and experiences via his blogs.

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