South Africa Freight Forwarding Market Report 2021: State of the Industry, Influencing Factors, Competition, Outlook, Industry Associations
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South Africa Freight Forwarding Market Report 2021: State of the Industry, Influencing Factors, Competition, Outlook, Industry Associations
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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This report focuses on the freight forwarding and customs clearing industry and includes comprehensive information on the state and size of the sector and the factors that influence it, trade statistics, regulation and corporate action in the sector.
There are profiles of 43 companies including DSV Panalpina, formerly Bidvest Panalpina which was bought by Danish company DSV and Grindrod, which increased its stake in its IVS Bulk joint venture. Other profiles include Barloworld Logistics, Ibhayi Clearing and Logistics, Safcor Freight and Value logistics.
Freight Forwarders:
The freight forwarding and customs clearance sector is a major contributor to the facilitation of trade in South Africa and it co-ordinates over 80% of South Africa’s international trade. As they are an intermediary service, freight forwarders have relatively low operating costs and charge customers based on the freight rates charged by the carrier, which in turn are based