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Freight Forwarding Services Procurement Research Report | Published: May 2014

Helping businesses make better purchasing decisions, faster

Freight Forwarding Services: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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IBISWorld’s Freight Forwarding Services procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Freight Forwarding Services to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 11-14
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 14-17
Price Change
Freight Forwarding Services - Recent Price Trend

The price of freight forwarding has risen at an estimated annualized rate of 1.7% over the past three years. A moderate increase in suppliers’ main purchase cost, transportation and storage services, has supported price growth. Additionally, demand for freight forwarding has increased, pressuring market prices upward. Fortunately for buyers, falling fuel costs for carriers, stable wage... purchase to read more

Freight Forwarding Services - Total Cost of Ownership

The total cost of ownership associated with purchasing freight forwarding services is low. Suppliers typically do not apply hidden charges beyond those specified upfront in the price quote. Buyers that purchase freight forwarding services typically require tracking services, preparation of documents and insurance on shipped goods, which suppliers usually bundle in the total price. Buyers should... purchase to read more

 


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of freight forwarding services. Freight forwarders handle the logistics of cargo movements and ensure that products are picked up and dropped off at the specified locations and times. Freight forwarders arrange transportation and tracking, negotiate freight charges, prepare documents, arrange customs clearance, insure goods, arrange warehousing and consolidate freight services on behalf of their customers. Freight forwarders generally do not provide transportation services themselves. Instead, they subcontract freight carriers (i.e. trucking companies, rail carriers, cargo airlines and waterborne carriers) to transport buyers’ goods.



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