The Power 25: Top forwarders face turbulent headwinds

With the continued stagnation in airfreight growth noted in the first quarter of 2019, global freight forwarders may be forgiven for waxing nostalgic for the heady days of early 2018, when the e-commerce surge was expected to keep the 2017 peak season going all year long. Sadly, those days were short-lived and, a full year […]
  • Staff Reports
  • June 3, 2019

The Power 25: Forwarders are rising fast, but keep those seatbelts fastened

Fastest Risers In the lower-middle of the Power 25 pack, the movement was more volatile, especially with the Asian forwarders making impressive leaps in activity. China’s Apex Logistics International, for example, outpaced all other forwarders with a 42% increase in revenues ($1.35 billion) and a 34.4% rise in air tonnage (430,000) to sprint five spots […]
  • Staff Reports
  • May 24, 2019