Freight Forwarding Services: Market Intelligence, Pricing Strategies, Supplier Selection Criteria, Procurement Best Practices, Category Management Insights Now Available from SpendEdge

Global Freight Forwarding Services Category - Procurement Market Intelligence Report. (Photo: Business Wire)

LONDON--()--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Freight Forwarding Services Category - Procurement Market Intelligence Report.

The recent boom in the cross-border trade in the global e-commerce industry is creating an exponential demand for freight forwarding services market. To minimize the overall operational cost, most of the retailers located in the developed economies are outsourcing their manufacturing operations to low-cost countries. This practice is driving the gross merchandise value for cross-border e-commerce trade, that touched a figure of about USD550 billion last year and will continue to grow. This, on the other hand, will supplement the category growth during the forecast period. However, engaging the workforce to fulfill the category-related tasks will result in overriding operational expenditure for the freight forwarder, which finally increases the buyer’s procurement spend. Download the Free Sample of the freight forwarding services market intelligence report here!

The US accounts for a high rate of export of goods because of the presence of flourishing industries like manufacturing heavy machinery, electrical equipment, chemicals, aircraft, and petrochemicals derived from crude oil. Consequently, buyers from those sectors are partnering with freight forwarders to get assistance on services such as customs clearance, documentation, and cross-border logistics. This is driving the category spend momentum in the region. The establishment of manufacturing hubs in APAC will be one of the significant category enablers driving the growth of the freight forwarding services market in the region.

This market intelligence report offers recommendations on pricing strategies that are being leveraged by the leading players to procure from the bets freight forwarders at cost-effective rates. Additional insights provided in this report include supply selection criteria, procurement best practices, and category management strategies that will help buyers to improve their supply market performance. Not what you are looking for? Request for free customization.

It is recommended that buyers partner with freight forwarders that can offer LCL consolidation services with minimal delays,” says SpendEdge procurement expert Anil Seth. “This will enable buyers to use and pay for freight forwarding services as per their requirements,” added Anil.

This freight forwarding services market intelligence report has highlighted the following factors that are defining the category pricing strategies across the geographies. They include:

  • Engage with technologically competent service providers to reduce category spend
  • Rise in crude oil and labor costs is a significant concern for category service providers
  • Get the full market intelligence report to know more about the complete scope of this report

SpendEdge is now offering limited-time discounts on report purchases. Buy two reports and get the third one for free.

SpendEdge’s procurement market intelligence reports for the logistics, warehousing and transportation category offer information on critical cost drivers and category pricing strategies to help the buyers achieve significant cost-savings. The supply market forecasts provide information on supplier selection criteria to help buyers reduce spend and establish better SLAs. Additionally, SpendEdge’s reports offer category management insights and procurement best practices for the category.

Report scope snapshot: Freight forwarding services

Category ecosystem

  • Market favourability index for suppliers
  • Competitiveness index for suppliers
  • Category pricing strategies
  • Interested to know more about the scope of our market intelligence reports? Download a FREE sample

Category management enablers

  • Procurement best practices
  • Supplier selection criteria
  • Want customized information from our freight forwarding services market intelligence report? Get in touch

Category definition

  • Category hierarchy
  • Category scope
  • Category map
  • To view this the complete table of contents for the market intelligence report, Download a FREE sample

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SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more,


Anirban Choudhury
Marketing Manager
US: +1 630 984 7340
UK: +44 148 459 9299

Release Summary

SpendEdge has announced the release of their Global Freight Forwarding Services Category Procurement Market Intelligence Report


Anirban Choudhury
Marketing Manager
US: +1 630 984 7340
UK: +44 148 459 9299