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Small and medium sized forwarders gain worldwide market share in air cargo

WorldACD’s air cargo database contains data for 15,000 forwarders. After ranking these forwarders based on size, we observe that small and medium sized forwarders have increased their worldwide market share from 51% in Sep 2022 to 54% in Sep 2023. The share of the 20 largest forwarders dropped from 44% to 41% in this period. WorldACD will be presenting this and other air cargo market trends at the TIACA Executive Summit in Brussels today.

 

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