Supply Chain Research

The freight forwarders have faced a challenging start to 2021 with ongoing port congestion and shifting container-line routings as well as elevated demand versus prior years. U.S. seaborne imports, for example, climbed 18.0% higher year over year in January and February combined. The top 20 forwarders have been able to build their market share as cargo owners shift to larger firms with more flexible solutions during the logistics network disruptions of recent months. In total the top 20 forwarders’ volumes climbed 46.3% year over year in January and February combined, though their aggreg...