Surprising Demand in APAC Freight Forwarding Market with Top Prominent Players like Ceva Logistics, Damco International, DB Schenker Logistics, DHL Supply Chain & Global Forwarding

Freight forwarders, also known as non-vessel operating common carriers, are agents that arrange shipments for industries from manufacturers to the final destination. Forwarders have contracts with shipping line carriers to move cargo. This provides help them offer a secure network of movement of cargo at low prices. They act as supply chain experts and their services include commercial invoicing, warehousing, packaging, documentation, declaration of shippers export, and distribution at the final destination.

The APAC Freight Forwarding Market expected to grow at an impressive CAGR during 2019-2026.

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Top Key Players Covered:

Ceva Logistics, Damco International, DB Schenker Logistics, DHL Supply Chain & Global Forwarding, DSV Air & Sea, Expeditors International of Washington, Hellmann Worldwide Logistics, Kerry Logistics, Kuehne+Nagel Inc., LF Logistics, Logwin Logistics, Nippon Express, Orient Overseas Container Line Limited, Panalpina Inc., Pantos Logistics, SDV/Bollore Group, Sinotrans Limited, UPS Supply Chain Solutions, UTI Worldwide, and Yusen Logistics.

Despite the rising rates and uncertainties surrounding the new alliance calendars, optimism is high for the APAC Freight Forwarding Market. The commercial line from Europe to APAC had the highest percentage rate (80%) of the respondents, which indicates an increase in volume from month to month followed by APAC to Europe and APAC to North America with 70% and 78%, respectively. North American trade to APAC reported the smallest increase in volume with 29%. Meanwhile, 43% noticed higher volume gains from month to month on both APAC lanes – Emerging Markets.

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Following key questions addressed through this informative report:

  • What are the market key Players?
  • Which factors are driving the APAC Freight Forwarding Market?
  • What are the major regions examined through an expert team of researchers?
  • What are the effective sales and marketing channels?
  • What are the outcomes of APAC Freight Forwarding Market analysis techniques?

The report of APAC Freight forwarding Market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report lets you have an edge across the targeted regions with the comprehensive competitive framework. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.

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