𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞𝐬 𝐢𝐧 𝐒͟𝐞͟𝐚͟ ͟𝐅͟𝐫͟𝐞͟𝐢͟𝐠͟𝐡͟𝐭͟ ͟𝐅͟𝐨͟𝐫͟𝐰͟𝐚͟𝐫͟𝐝͟𝐢͟𝐧͟𝐠͟: 𝐀 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐍𝐞𝐜𝐞𝐬𝐬𝐢𝐭𝐲 (𝐋𝐚𝐭𝐞𝐬𝐭 𝐔𝐩𝐝𝐚𝐭𝐞_𝟐𝟎𝟐𝟒) 🎯 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗮𝗴𝗲𝘀: https://lnkd.in/dHsNgRu6 The #seafreightforwarding market has experienced significant growth due to globalization, increased international trade, and advancements in shipping technologies. It is expected to continue growing, driven by the expansion of e-commerce, economic growth in emerging markets, and the need for efficient supply chain solutions. The sea freight forwarding market is a crucial segment of the global logistics and transportation industry, facilitating the movement of goods across international waters. This market encompasses a wide range of activities including the planning, coordination, and execution of the transportation of goods by sea. 𝑻𝒉𝒆 𝒈𝒍𝒐𝒃𝒂𝒍 𝑺𝒆𝒂 𝑭𝒓𝒆𝒊𝒈𝒉𝒕 𝑭𝒐𝒓𝒘𝒂𝒓𝒅𝒊𝒏𝒈 𝒎𝒂𝒓𝒌𝒆𝒕 𝒘𝒂𝒔 𝒘𝒐𝒓𝒕𝒉 𝑼𝑺𝑫 71.32 𝒃𝒊𝒍𝒍𝒊𝒐𝒏 𝒊𝒏 2022. 𝑨𝒔 𝒔𝒖𝒄𝒉, 𝒕𝒉𝒆 𝒇𝒐𝒓𝒆𝒄𝒂𝒔𝒕 𝒊𝒔 𝒕𝒉𝒂𝒕 𝒕𝒉𝒆 𝒎𝒂𝒓𝒌𝒆𝒕 𝒊𝒔 𝒆𝒙𝒑𝒆𝒄𝒕𝒆𝒅 𝒕𝒐 𝒓𝒆𝒂𝒄𝒉 𝑼𝑺𝑫 106.1 𝑩𝒊𝒍𝒍𝒊𝒐𝒏 𝒃𝒚 2030 𝒘𝒊𝒕𝒉 𝒂 𝑪𝑨𝑮𝑹 𝒐𝒇 5.09 % 𝒐𝒗𝒆𝒓 𝒕𝒉𝒆 𝒑𝒆𝒓𝒊𝒐𝒅 𝒇𝒓𝒐𝒎 2023 𝒕𝒐 2030. 📍 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭: Expeditors International B.V., a US-based global logistics provider, acquired Air & Sea Logistics, a Chinese freight forwarding company, for $3.3 billion. This move aimed to expand Expeditors' footprint in the growing Chinese market and enhance its airfreight capabilities. German logistics giant DB Schenker acquired BDP International, a leading US-based freight forwarding company, for $4.2 billion. This move strengthened Schenker's presence in the US market and expanded its air and ocean freight forwarding capabilities. 🔑𝐒𝐞𝐚 𝐅𝐫𝐞𝐢𝐠𝐡𝐭 𝐅𝐨𝐫𝐰𝐚𝐫𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐨𝐩 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: Kuehne+Nagel DHL Global Forwarding DB Schenker Expeditors International B.V. Panalpina DSV - Global Transport and Logistics SINOTRANS (HK) LOGISTICS LIMITED Nippon Express USA #freightforwording #sea #logistics #growth #FreightShipping #TransportLogistics
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Kuehne+Nagel (K+N) retained its top spot as the world's leading airfreight forwarder in 2023, despite an 11.2% decline in cargo volumes. The airfreight market faced significant pressures, but a surge in e-commerce demand and the Red Sea crisis provided a late-year boost. Discover how top players like DHL, DSV, and Maersk navigated this turbulent year, and what the future holds for airfreight. Dive into the full analysis and rankings. 📊✈️ #Airfreight #Logistics #SupplyChain #Ecommerce #IndustryTrends The Airforwarders Association https://lnkd.in/e3HR64cM
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While the disruption in the Red Sea region contributed to rate fluctuations in the second quarter, Kuehne+Nagel & DSV - Global Transport and Logistics anticipate sustained growth in volume through the remainder of the year. The rise of e-commerce and shifting trade patterns present both challenges and opportunities in the air & ocean freight segment. CMA CGM Air Cargo are capitalizing on the demand surge by expanding into new trade lanes, such as the Asia-North America route and A.P. Moller - Maersk aims to capture a larger share of India's containerized cargo trade with Europe. Learn More: https://lnkd.in/g-f6CYDu #airfreight #seafreight #freightforwarders #freightrates #logistics #supplychain
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Which country has the most freight forwarding ? Sent by you: which country has the most freight forwarding ? The Asia Pacific region has overtaken Europe as the largest market for global freight forwarding, holding a share of 34.9 percent as of 20211. This is indicative of the region’s significant role in international trade and its capacity for freight forwarding services. If you’re looking for specific companies, Kuehne + Nagel from Switzerland, DHL Supply Chain & Global Forwarding from Germany, and DSV Panalpina A/S from Denmark are among the top global freight forwarders based on gross revenue earnings. #FreightForwarding #LogisticsIndustry #GlobalTrade #SupplyChainManagement #InternationalShipping #CargoHandling #TransportationServices #ImportExport #ShippingIndustry #SupplyChainSolutions
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🚢 How Freight Forwarders have expanded their sea logistics volumes over the past decade: 1️⃣ Kuehne + Nagel holds the top spot as the largest ocean freight forwarder, achieving a 15% growth over the past decade. DSV has experienced the highest growth, increasing by 219% during this period and increased ranking from nr. 9 to nr 4. 2️⃣ The major freight forwarders are mainly headquartered in Europe and Asia, with some exceptions for North America and the Middle East. 3️⃣ With DB Schenker (currently ranked nr. 5) potentially up for sale, it will be interesting to watch how this chart evolves in the coming years. ♻️ If you found this helpful or your network should see it, please repost. 🔔 Follow me for more insights on ports & shipping.
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Shipment handling is the cornerstone of effective logistics. It ensures goods are safely and efficiently transferred from one location to another, maintaining the integrity and quality of products throughout the supply chain. Proper shipment handling minimizes delays, reduces costs, and enhances customer satisfaction, making it a crucial aspect of logistical operations. By prioritizing meticulous handling processes, businesses can streamline their operations, boost productivity, and ultimately drive economic growth. 📦🚢✨ Import and export activities are central to a nation's economic health. Imports allow countries to access goods and services that might be scarce or unavailable domestically, enhancing consumer choice and living standards. They introduce competition, driving innovation and better pricing. 🌟🙌 Exports, on the flip side, are critical for economic growth. By selling goods and services abroad, countries earn foreign exchange, support employment, and stimulate industrial development. Strong export sectors can propel national economies, funding public services and infrastructure. In a globalized economy, efficient import-export practices are vital for sustaining trade relationships, economic diversification, and resilience. 🌍📦🚢 #GlobalTrade #EconomicVitality #ShipmentHandling #Logistics #SupplyChain #Efficiency OOCL Logistics OOCL COSCO SHIPPING Lines (North America) Inc. Hapag-Lloyd AG MSC Mediterranean Shipping Company A.P. Moller - Maersk Pegasus Shipping and Maritime Pakistan DSV - Global Transport and Logistics Dynamic World Wide Logistics Group DSV - Global Transport and Logistics DHL Global Forwarding DHL EVERGREEN LINE
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Rankings can signal (and help understand) what strategies work best, especially for those FFs who managed to hold their positions.
The list of top 25 airfreight forwarders by volume from Armstrong & Associates, Inc. is now out - revealing that Kuehne+Nagel was once again the leading air forwarder. The figures also show the bounce back in performance at Chinese firms as restrictions began to be lifted, while firms from Europe, Japan and North America had a tough time. https://lnkd.in/ed5G-c25
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𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 ̲𝐒̲𝐞̲𝐚̲ ̲𝐅̲𝐫̲𝐞̲𝐢̲𝐠̲𝐡̲𝐭̲ ̲𝐅̲𝐨̲𝐫̲𝐰̲𝐚̲𝐫̲𝐝̲𝐢̲𝐧̲𝐠̲: 𝐀 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐆𝐮𝐢𝐝𝐞 (𝐋𝐚𝐭𝐞𝐬𝐭 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧) Freight forwarding is a business that organizes shipments for individuals or corporations to get goods from the manufacturer to a customer or a final point of distribution. Freight forwarders specialize in lowering costs and facilitating the logistics of transportation. Moreover, a freight forwarder is responsible for transportation of goods from one destination to another. Sea freight forwarding is a method of transporting large amounts of goods using carrier ships. Goods are packed into containers and then loaded onto a vessel. A typical cargo ship can carry around 18,000 containers, which means that sea freight is a cost-efficient way to transport high quantities over large distances. Furthermore, sea freight forwarding is mostly done using containers loaded with cargoes these containers are of two types of full container load (FCL) and less than container load (LCL). 🎯 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗮𝗴𝗲𝘀: https://bit.ly/3V1pZZt Rise in air freight charges has increased the demand for transportation of cargo through waterways. Since, transportation of cargo through marines is economical & efficient and heavy & bulky cargo can be easily transported. 📌 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐒𝐞𝐚 𝐅𝐫𝐞𝐢𝐠𝐡𝐭 𝐅𝐨𝐫𝐰𝐚𝐫𝐝𝐢𝐧𝐠 𝑪𝒐𝒔𝒕-𝑬𝒇𝒇𝒆𝒄𝒕𝒊𝒗𝒆𝒏𝒆𝒔𝒔: Sea freight is generally more economical for transporting large volumes of goods over long distances compared to air freight. 𝑪𝒂𝒑𝒂𝒄𝒊𝒕𝒚: Ships can carry a significant amount of cargo, accommodating large and heavy shipments. 𝑮𝒍𝒐𝒃𝒂𝒍 𝑹𝒆𝒂𝒄𝒉: Sea freight can connect virtually any two points in the world, making it an essential component of international trade. 𝑬𝒏𝒗𝒊𝒓𝒐𝒏𝒎𝒆𝒏𝒕𝒂𝒍 𝑰𝒎𝒑𝒂𝒄𝒕: Despite being slower, sea freight has a lower carbon footprint per ton-mile compared to air transport. 𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: Expeditors International, Sinotrans Limited, Kerry Logistics, CEVA Logistics, DB Schenker, UPS Supply Chain Solutions, DHL Supply Chain & Global Forwarding, Bollore Logistics, Kuehne + Nagel International AG, Nippon Express Co. Ltd #freightforwording #sea #logistics #fcl #lcl #growth
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🌏 𝐀𝐬𝐢𝐚-𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐀𝐢𝐫𝐟𝐫𝐞𝐢𝐠𝐡𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐞𝐬 𝐏𝐨𝐬𝐢𝐭𝐢𝐯𝐞 𝐓𝐫𝐞𝐧𝐝𝐬 𝐀𝐦𝐢𝐝 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐒𝐥𝐨𝐰𝐝𝐨𝐰𝐧 Despite a slowdown in manufacturing, the Asia-Pacific airfreight market is seeing signs of recovery and resilience. 📈𝐊𝐞𝐲 𝐝𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞: ✈️𝑰𝒏𝒄𝒓𝒆𝒂𝒔𝒆𝒅 𝒅𝒆𝒎𝒂𝒏𝒅 𝒇𝒐𝒓 𝒂𝒊𝒓 𝒄𝒂𝒓𝒈𝒐 𝒐𝒏 𝒔𝒑𝒆𝒄𝒊𝒇𝒊𝒄 𝒓𝒐𝒖𝒕𝒆𝒔, notably into and out of Southeast Asia. ✈️𝑰𝒎𝒑𝒓𝒐𝒗𝒆𝒅 𝒄𝒂𝒑𝒂𝒄𝒊𝒕𝒚 𝒂𝒏𝒅 𝒔𝒕𝒂𝒃𝒊𝒍𝒊𝒛𝒆𝒅 𝒓𝒂𝒕𝒆𝒔 as passenger flights return, benefiting airfreight services and customers. ✈️𝑯𝒊𝒈𝒉 𝒅𝒆𝒎𝒂𝒏𝒅 𝒇𝒐𝒓 𝒕𝒆𝒄𝒉 𝒑𝒓𝒐𝒅𝒖𝒄𝒕𝒔 𝒂𝒏𝒅 𝒑𝒆𝒓𝒊𝒔𝒉𝒂𝒃𝒍𝒆 𝒈𝒐𝒐𝒅𝒔, boosting air cargo needs and sustaining demand even amidst broader economic challenges. These factors are helping to balance the market, suggesting a positive outlook as we approach the year-end peak season. #Airfreight #FIBSLogistics #AsiaPacific #SupplyChain #AirCargo #GlobalTrade Thomas Gronen Timo Lorenz Gaurav Thakur Fredrik Nyberg Sharon Chong https://lnkd.in/ev8ApATu
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Key Insights from the Latest Shipping & Logistics Trends! - Import Growth: June saw a 6% rise in imports at major North American ports including Los Angeles, Long Beach, and Seattle-Tacoma, indicating strong market demand. - New Regulations: The US Federal Maritime Commission (FMC) is implementing new rules for ocean carriers to ensure transparency in export handling and improve service for shippers. - Peak Seasons Ahead: Strong demand for e-commerce and disruptions in the Red Sea are driving heightened activity in air and ocean trades out of Asia. - IPO Highlights: Lineage Logistics recently raised $4.4 billion, marking it as the largest IPO of the year, reinforcing the demand for temperature-controlled logistics. - Market Adjustments: Leaders like DSV and Kuehne + Nagel anticipate solid growth through the second half of 2024 as inventory levels balance out. - Shifts in Intermodal Freight: A potential rail strike in Canada has led to shifts in intermodal freight towards US routes, affecting operations. At Seair Online, we stay aligned with these shifts and trends to ensure your logistics needs are met efficiently. Connect with us for tailored freight solutions! #FreightForwarding #LogisticsTrends #SupplyChain #ContainerShipping #ImportExport #SeairOnline
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