This chart from World ACD shows the correlation between volume growth and increased charges for the world’s top 30 forwarders during the April-September period.
Amongst the top 30, forwarders with headquarters in Asia Pacific and North America improved their volume share, with those in Asia Pacific managing to do so despite paying average charges 8 percent below the average for the total elite group
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Forwarders outside the world’s top 30 increased their worldwide share from 54 percent to 55 percent, but ‘bought’ that increase by accepting airfreight charges that were 85 percent higher YoY, whilst the top 30 saw charges jump 76 percent.
In the largest market (i.e., ex-Asia Pacific) the top 30 paid average charges that were 6 percent lower than those paid by smaller forwarders (which were 12 percent higher last year).