Published by Coherent Market Insights
Posted on October 8, 2021
3 min readLast updated: January 30, 2026
The global freight forwarding market, valued at $204.6 billion in 2019, is projected to grow to $277.5 billion by 2028, driven by major logistics companies.
United States/WA: The global freight forwarding market was valued at US$ 204.6 Bn in 2019 and is expected to reach US$ 277.5 Bn by 2028 at a CAGR of 5.0% between 2021 and 2028.
Report Pages:[130 Pages]
Market Competitive Landscape:-
Major layers operating in the Global Freight Forwarding Market are: Agility, Bolloré Logistics, CEVA Logistics, DB Schenker, DHL Global Forwarding, Dimerco, DSV Panalpina A/S, Expeditors International, Hellmann Worldwide Logistics, Kuehne + Nagel International AG, MGF (Manitoulin Global Forwarding), Nippon Express Co., Ltd., and UPS Supply Chain Solutions
Freight forwarding is the coordination and shipment of goods from one spot to another through single or different transporters via air, marine, rail, or highway. A freight forwarder, forwarder, or forwarding specialist, is an individual or organization that sorts out shipments for people or corporations to get products from the manufacturer or maker to a market, client, or last place of dispersion. Freight forwarding with a carrier or frequently different transporters to move the products starting with one country then onto the next. Cargo sending comprises of key coordinations arranging and execution for the global development of products, for transporters.
In particular, a cargo forwarder will complete cargo rate dealings, holder following, traditions documentation, and cargo union, among different assignments. The significance of cargo sending for global trade was perceived in Canada in 1948 with the foundation of the Canadian International Freight Forwarders Association (CIFFA). CIFFA perceived that sending cargo, regardless of whether via land, marine, rail or air requires coordination, guideline, and settled upon best practices to guarantee that merchandise stream in an opportune and capable way across borders, abroad, and all through the world.
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The post Freight Forwarding Market Exibit In-depth Analysis of Leading Players and International Drivers appeared first on Gatorledger.
The article focuses on the global freight forwarding market and its projected growth.
Leading players include DHL, DB Schenker, and UPS Supply Chain Solutions.
Freight forwarding is the coordination and shipment of goods through various transport modes.
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