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Freight can be container Sea shipping, Air Freight, and Land Transportation You can focus on all or one of the three above Total Global TEU Capacity is16.9 million Total container demand is616 million TEU lifts Air Freight Industry is1% of Total Freight Industry Freight forwarders share1/3 of Air Freight market
Hi Mohamed,
Good evening. In my opinion, freight forwarding has good value in current scenario as well as for next10 yrs. as many countries are developing themselves, especially Asian countries, UAE etc. Since, owing the planes or ships can be very expensive in respect of maintenance so freight forward book the load and forward their shipment to shippers. In this LCL is more preferable service, since many customer could not supply full load so they're willing to pay for their goods only. Yes, in the freight service air freight has yet low share, but there is opportunity to grow. Since, customers are ready to pay for high freight rate due to requirement of their goods within the time period which may be assure by air freight service.
The market value is good, but the market is competent. In this business, proper quality services are needed to establish good market share, otherwise many others had started and ended within a limited time.
sorry, not much experience in the segment.
Freight forwarders are an integral part of a sector that successfully transports goods worth $5.3 trillion every year.
