The Rail, Air and Sea Freight Forwarding industry purchases space from freight transport providers and arranges for goods to be transported on behalf of clients. The industry consolidates bundles of freight from different clients to take advantage of discounts for bulk loads, and takes a commission for doing so. As the industry plays an intermediate role within supply chains, its performance is strongly influenced by demand for freight transport. Over the past five years, building demand for freight transport has lifted industry performance. The industry is expected to expand at a compound annual rate of 3.6% in the five years through 2014-15.
Companies in this industry primarily contract the transport of goods for other enterprises, and use 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.