Freight Forwarding Market Report 2022 – By Services (Transportation And Warehousing, Packaging And Documentation, Insurance, Value-added Services), By Logistics Model (First Party Logistics, Second Party Logistics, Third Party Logistics), By Mode of Transport (Air Freight Forwarding, Ocean Freight Forwarding, Road Freight Forwarding, Rail Freight Forwarding), By Customer Type (B2C, B2B), By Application (Industrial And Manufacturing, Retail, Healthcare, Media And Entertainment, Military, Oil And Gas, Food And Beverages) – Market Size, Trends, And Global Forecast 2022-2026
What is the definition of the freight forwarding market?
The freight forwarding market consists of sales of freight forwarding services by entities (organizations, sole traders, and partnerships) that involve the international movement of goods via single or multiple carriers. Freight forwarding refers to logistics planning, coordination, and flow of shipment for the movement of goods throughout international borders. The freight forwarder carries out freight rate negotiations, customs documentation, container tracking, and freight consolidation.
How will the freight forwarding market drivers and restraints affect freight forwarding market dynamics? What forces will shape the freight forwarding industry going forward?
The freight forwarding market growth is aided by the growth in international trade volumes.
What is the forecast market size of the freight forwarding market?
The freight forwarding market is expected to reach $220.34 billion in 2026 at a rate of 3.5%.
How is the freight forwarding segmented?
The global freight forwarding market is segmented -
1) By Service: Transportation and Warehousing, Packaging and Documentation, Insurance, Value-Added Services 2) By Logistics Model: First Party Logistics, Second Party Logistics, Third Party Logistics 3) By Mode of Transport: Air Freight Forwarding, Ocean Freight Forwarding, Road Freight Forwarding, Rail Freight Forwarding 4) By Customer Type: B2C, B2B 5) By Application: Industrial and Manufacturing, Retail, Healthcare, Media and Entertainment, Military, Oil and Gas, Food and Beverages, Others
Which region has largest share, and what is the market size and growth by geography according to the freight forwarding global market report?
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Who are the key players of the freight forwarding market?
Top competitors in the freight forwarding market are Agility, Bollore Logistics, CEVA Logistics, DB Schenker, DHL Global Forwarding, Dimerco, Expeditors International, Hellmann Worldwide Logistics, Kuehne+Nagel, Nippon Express, Expeditors International, C.H. Robinson Worldwide, Expeditors International, Panalpina World Transport Holding Ltd., CMA CGM, CJ Logistics Corporation, Kerry Logistics, and DAMCO.
What are the key trends in the freight forwarding market?
Major trends influencing the freight forwarding market include the integration of artificial intelligence. AI plays an important role in lowering costs, saving time, enhancing productivity, and increasing accuracy through automation and real-time data.
What are the major opportunities in the freight forwarding market and the approaches companies can take to take advantage of them?
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How does the freight forwarding market relate to the overall economy and other similar markets?
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