Scope of the Study
Digital freight forwarding offers various benefits such as better buying experience for customers, increased traceability, improved documentation management, and integration with existing platforms. It can tackle various challenges and even reduce the need to speak to someone in person. Digital freight forwarding also involves advanced technologies and services for logistics value chain. These benefits over traditional freight forwarding is increasing the usage by various players which is fueling the market growth.
The market study is being classified and major geographies with country level break-up.
C.H. Robinson Worldwide, Inc. (United States), FedEx Corp. (United States), J.B. Hunt Transport Services Inc. (United States), Kuehne + Nagel International AG (Switzerland), Penske Truck Leasing Co. LP (United States), United Parcel Service Inc. (United States), XPO Logistics Inc. (United States), TNT Logistics (Netherlands), Wilson Logistics Group (United States) and Nippon Express (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Digital Freight Forwarding market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Digital Freight Forwarding market by Type, Application and Region.
On the basis of geography, the market of Digital Freight Forwarding has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Benefits Such as Improved Customer Experience, Easy Tracking, and Others
- Growing E commerce Industry
- Technological Enhancements in Logistics
- High Costs Associated with Equipment and Human Resource
- Innovations in Data Analytics and ERP
- Increasing Penetration of Technology and Reliance on It
- Lack of Skilled Professionals
On January 2020, FreightBro, a freight-tech start-up, digitizing the manual processes in forwarding, announced the integration of Maersk Spot within its digital platform for freight forwarders. It will use Maersk Spot APIs, allowing customers to book and secure container space online and in real-time.
Key Target AudienceFreight forwarding company, Government associations, Research organisations, Technology providers and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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