The Rail, Air and Sea Freight Forwarding industry has had its ups and downs over the past five years. Industry revenue growth started strong and ended in line with long-term growth trends, but faltered in-between. As the global financial crisis affected freight volumes, the associated dip in demand affected the industry between 2007-08 and 2009-10. Industry revenue went backwards in 2008-09 and profit margins and employment declined as a result. The industry recovered from 2009-10 but continued to consolidate. Over the five years through 2012-13, the industry is expected to grow at a compound annual rate of 2.4% to be worth $7.79 billion in 2012-13.
Companies in this industry are mainly engaged in contracting to transport goods for other enterprises, and using one or more different enterprises to perform the contracted services by way of rail and/or air and/or sea freight transport. (In these cases, the forwarding unit takes on prime responsibility for the entire transport operation specified in each contract for a charge that covers the total operation, and in turn pays the actual carriers for transport services rendered to it.)
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.