Small forwarders are winning against top-25 players in the battle for surging spot-buy airfreight volumes.
According to freight marketplace Cargobase, which connects shippers with forwarders, the top 25 forwarders are only winning 30% of the ad hoc airfreight business they bid for on the platform, down from 53% in Q1.
CEO and founder Wiebe Helder said: “The lack of automated quoting with the top forwarders is costing them heavily and, in consequence, …
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Source: The Loadstar