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Future of Freight Forwarding in the next 10 years
The volume of the container shipping market will increase by approximately 4% by the end of 2024. Demand for maritime transportation is expected to grow by 7-8%. Meanwhile, air transportation showed a 9% increase in 2023, and this upward trend continues to this day. Conclusion: the multimodal transportation market is rapidly evolving. In this article, we will explore five trends we are likely to observe in the next 10 years.
But first, we would like to remind you that Navan Company provides logistics services, particularly container shipping services. To request an individual quote for shipping, you can use the appropriate form on our website. And our potential partners have the opportunity to join the community of logistics providers.
This is driven by two factors. First, there is geopolitical instability. Due to border closures and the implementation of sanctions, freight forwarding companies are forced to develop new routes and think about how to ensure that these significant changes do not severely impact profits.
Second, global forwarding is facing the challenge of natural disasters, which complicates logistics, in particular container drayage. Humanity has not been very careful with nature, and it is unlikely that we can expect major changes in this regard in the future. Purely natural factors should not be excluded either: storms, hurricanes, tsunamis, and volcanic eruptions. These incidents are happening more and more frequently harming international container transport market.
The bad news is that there are no signs of improvement in the situation. Consequently, every international freight forwarder should plan their business considering these factors.
But some companies prove that even under such conditions, it is possible to provide truly high-quality logistics services. For online quotes and bookings, click on this link.
It is worth noting that Navan provides customers with tools that help calculate transit time and route distance, taking into account real-time situations and data provided by carriers. This allows for the avoidance of delays in cargo transportation and provides customers with accurate information regarding logistics.
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