The demand for freight forwarding continues to sky-rocket owing to the growth in international trade volumes. The management of intermodal transport of goods on behalf of shippers due to this increase is a factor contributing to the growth of freight forwarding.
According to recent market estimates,the global freight forwarding market is estimated to reach $220.34 billion by 2026. The market analysis also predicts that the growth will take place at a CAGR of 3.5 percent during this period. The integration of AI is one among the many key trends boosting growth in the industry as it helps reduce cost, enhance productivity, save time and increase accuracy through automation and real-time data.
To put the spotlight on such key developments in the industry, Logistics Tech Outlook illustrates how companies are leveraging the latest technologies to augment freight forwarding operations and meet the expectations of businesses. The edition features thought leadership articles from David L. Buss CEO who sheds light on ways to tackle the shortage of truck drivers in the industry and Frank Gambish, VP of Transportation and Logistics, NRI Distribution who talks about new e-commerce systems that are helping organizations manage demand.
In this edition of Logistics Tech Outlook, we also present to you some of the top freight forwarding companies who provide the best outcomes for their clients. The list includes DTH Expeditors, a veteran that prioritizes delivering high-value goods and managing complex shipping needs in a timely fashion which is a critical factor for many.
Through the following pages, we aim to shine a light on the innovative trends and latest developments in the freight forwarding industry. We hope you find the appropriate freight forwarding companies to meet your logistics and cargo delivery needs in this edition.
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