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Top forwarders lose ground to smaller rivals

AMSTERDAM: February 11, 2016. Analyst WorldACD says the air cargo industry’s top 20 forwarders saw their worldwide market share in 2015 decline from 44.5 percent to 43 percent based on US$ revenue, and from 43 percent to 42 percent based on overall volume.

The top 10 forwarders, accounting for 32 percent of worldwide air cargo volume based on data from over 60 major airlines, remained unchanged from 2014 with DHL Global Forwarding (DGF) topping the list followed by Kuehne + Nagel (K+N), DB Schenker, Expeditors and Panalpina.

DHL Global ForwardingWorldACD said K+N, Expeditors, Nippon Express, CEVA and DHL Express exceeded the worldwide average of 2.0 percent growth, while DGF, DB Schenker, Panalpina, UPS Supply Chain Solutions and Kintetsu lagged behind.

As in 2014, airlines saw their average yield from large forwarders decline more than from SME forwarders - who accounted for 43 percent of total air cargo traffic in 2015 and achieved an average growth rate of 3.8 percent.

According to WorldACD, the top 20 global forwarders lost market share to their SME rivals last year as the latter group grew 7.0 percent in Europe compared to 1.0 percent, while in Latin America the drop was -7.0 percent for the top 20 and only -2.0 percent for the SME group.

Unsurprisingly since the leading major forwarders are based in Europe, their market share was largest in this region (53 percent) and North America (49 percent); and smallest in Africa (12.0 percent and Middle East and South America (21.0 percent).

Earlier this month DHL Freight introduced a new Customs clearance service via the Netherlands for shipping into the European Union for non-EU companies. According to the company, consumers who make purchases online from companies that are based outside the EU but use DHL Freight's new service now get their goods delivered at home, instead of having to pick them up at the Customs office and pay import tax on-site.


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