When I say its Eclipse Worldwide against the multinationals in the title of this blog it is a slight exaggeration but its more to reflect the fact that independent freight forwarding companies such as ourselves and slightly larger regional freight forwarding companies are taking some of the market share away from the big players in our industry.
Recent industry data shows that the 20 largest global multinational freight-forwarding companies are all reporting a downturn in numbers across every region of the globe.
Around 2009 industry analysts predicted that the downturn in the global economy would effectively put and end to the independent freight forwarding company who would not be able to sustain their day-to-day operations. The major freight forwarding companies then expected to pick up all of this additional business and expand their consolidation services and cement their position at the top of the freight-forwarding pyramid. A statement released by the head of DHL Global Forwarding saying that smaller freight forwarding companies will just disappear seemed to back up what was commonly believed to be true.
Moving forward to 2013 and the opposite is in fact happening and the independent freight forwarding community is now as busy, hard working and successful as ever despite having traded on through the tough times.
The statistics show that smaller freight forwarding companies are growing faster than expected and in the airfreight sector alone they are clawing back more and more of the market place. When split into a global top 20 – midrange top 20 and smaller freight forwarding top 20 the only people to have lost volume across every region was the top 20.
Does this reflect that the multinationals cannot offer the levels of service that independent freight forwarding companies such as Eclipse Worldwide and that the freight forwarding decision makers are starting to notice this and make the change??
We certainly believe so.