Industry Analysis & Industry Trends
Freight forwarders purchase space on freight transport services in bulk, which they then onsell in smaller quantities to clients. The distinguishing feature of their activities is the consolidation of loads from multiple clients to use transport space as efficiently as possible. Through this service, clients gain access to cheaper freight rates than they could achieve individually. Road freight forwarders receive a commission for their service. Over the five years through 2013-14, industry revenue is forecast to decline by an annualised 0.9%. The industry's performance is expected to be more positive in 2013-14, with revenue forecast to grow by 2.7% to reach $2.3 billion... purchase to read more
Industry Report - Industry Products Chapter
Major product segments in road freight forwarding are dominated by general freight and express freight, while freight consolidation and warehousing and distribution generate a smaller amount of revenue. Small consignments (generally under 100 kilograms) to be transported over long distances generate the most revenue for freight forwarders. Special services include insulated and refrigerated freight, dry and liquid bulk freight, heavy haulage and furniture removal.
Express freight services
Express freight forwarding is the area of the industry that deals with time-sensitive deliveries. This trade is smaller in volume than general freight... purchase to read more