Worldwide Sea Freight Forwarding Industry to 2025 - Rising Cross Broder E-Commerce is Driving Growth - ResearchAndMarkets.com
This encompasses not just direct-to-consumer retail, but also shipments of electronics, pharmaceuticals, and consumer packaged goods.
- This encompasses not just direct-to-consumer retail, but also shipments of electronics, pharmaceuticals, and consumer packaged goods.
- Compared to China, in other regions, the size of e-commerce-related business is much smaller, but the growth is also rapid.
- One of the most preferred mode for e-commerce freight forwarding is through sea and many business are favoring that as evidenced by the growing ocean freight volumes to 11 billion tons in 2018.
- In 2019, Kuehne + Nagel was ranked the world's leading ocean freight forwarder, with over 4.8 million twenty-foot equivalent units of ocean freight.