Expeditors Swamped By Forwarder Competition as Tariff Effect Ripples Outwards — Panjiva
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Expeditors Swamped By Forwarder Competition as Tariff Effect Ripples Outwards

Corp - Forwarders 157 Mode - Seaborne 1273 U.S. 3297

The freight forwarders operating U.S.-inbound services saw an 18th month of growth in August after volumes rose 2%. However, all is far from being rosy. Growth slowed from 6% in the prior three months as tariffs on Chinese exports began to bite. There was a split in performance among the major forwarders with the large U.S.-domiciled operators declining markedly, led by Expeditors (down 15%) and UPS (13% lower). Asia-route specialists did better with OEC’s volumes up by 12% and Honour Lane’s by 3% suggesting a mixture of pricing and relationships could make the difference as the Trump ad...

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