Global forwarders concentrating market share

PO Management

Thursday, September 01, 2011

Major global forwarders are gradually concentrating their control of the fragmented ocean and air freight forwarding sectors, according to research by London-based consultants Transport Intelligence (TI). Using the Herfindahl-Hirschman Index, 'an economic tool that more accurately measures market presence of leading companies than a simple measure of market share,' TI said that since 2007, the top global forwarders are slowly but surely grabbing share away from smaller, lo...

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