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Freight Forwarding Services Procurement Research Report | Published: Mar 2017

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 Report is a comprehensive guide to purchasing Freight Forwarding Services. This report offers strategic analysis of the factors influencing purchasing decisions, including price trends and three-year forecasts, input costs and demand factors, along with key suppliers and an analysis of the extended supply chain. Armed with the right procurement intelligence, your company will be able to make educated purchasing decisions.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 14-17
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 17-20
Price Change
Freight Forwarding Services - Recent Price Trend

The average price of freight forwarding services has been declining mildly at an estimated annualized rate of 0.3% during the three years to 2017. Falling fuel prices have pressured the cost of transportation services down, allowing freight forwarders to reduce their prices. However, demand for freight forwarding has been growing, mitigating the extent to which market prices have fallen.Prices... 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, which includes the cost of the necessary transportation services. Buyers that purchase freight forwarding services typically require tracking services, preparation of documents and insurance on shipped goods,... 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, such as trucking companies, rail carriers, cargo airlines and waterborne carriers, to transport buyers’ goods.



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