Increased international trade is expected to propel the industry toward growth in the next five years. Operators will benefit as the global economy recovers and demand for US goods rises. Improving technology will also promote globalization by allowing operators to manage payments and tracking systems more efficiently. Profitability will likely remain flat, but the move toward just-in-time logistics will sustain demand for transportation services.
Companies in this industry arrange the transportation of freight between shippers and carriers. These operators are usually known as freight forwarders, marine shipping agents or customs brokers and offer services for many modes of transportation. Because operators act as agents, the industry does not include the cost of arrangement as part of its revenue.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.