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Freight Forwarding Market 2017-2023 Leading Players: CJ Korea Express, DACHSER, Dimerco, DSV, Expeditors International

02-12-2019 05:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Freight Forwarding Market

Freight Forwarding Market

Freight forwarders, also known as non-vessel operating common carriers, are agents that arrange shipments for industries from manufacturers to the final destination. Forwarders have contracts with shipping line carriers to move cargo. This provides help them offer a secure network of movement of cargo at low prices. They act as supply chain experts and their services include commercial invoicing, warehousing, packaging, documentation, declaration of shippers export, and distribution at the final destination.

The key factors that drive the growth of the market are the high demand for low-cost shipping, ability to identify customer’s needs, and respond quickly with logistics solutions. Trends such as the high demand for integrated services further propel the market growth. Generally, freight forwarders provide customers with a wide range of integrated services, which not only includes the usual transport of cargo from source to destination, but also a host of other services.

Moreover, rise in trade agreements between nations also help increase the market growth. However, increase in reshoring and nearshoring manufacturing hinders the market growth. Irrespective of challenges, the increasing trend of intermodal freight transportation will further boost the market growth in future.

Download Sample Copy of Report: https://www.alliedmarketresearch.com/request-toc-and-sample/2875?utm_source=openpr&utm_medium=vs

The market segmentation is based on service. By service, it is divided into packaging, documentation, transportation & warehousing, and VAS (value-added services). Geographically, it has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Prominent players profiled in the report include C.H. Robinson Worldwide, CEVA Logistics, CJ Korea Express, DACHSER, Dimerco, DSV, Expeditors International, GEODIS, Hellmann Worldwide Logistics, Deutsche Post DHL Group, and Kuehne + Nagel International AG.

Key Benefits
• This report provides an extensive analysis of the current & emerging market trends and dynamics in the freight forwarding market.
• In-depth analysis has been carried out by constructing market estimations for key market segments between 2017 and 2023.
• The report provides a quantitative analysis of the current trends and future estimations from 2017 to 2023, which helps identify prevailing market opportunities.
• Competitive intelligence of the industry helps understand the competitive scenario across geographies.

Freight Forwarding Market Key Segments:

Service
• Packaging
• Documentation
• Transportation and warehousing
• VAS (Value-added services)

Geography

• North America
o U.S.
o Canada
o Mexico

• Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific

• Europe
o UK
o Germany
o France
o Russia
o Rest of Europe

• LAMEA
o Latin America
o The Middle East
o Africa

Make Purchase Report Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2875?utm_source=openpr&utm_medium=vs

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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