SeaIntel: Logistics giants miscalculated seafreight growth
2015 was a weaker year than expected for the major logistics groups, with a growth in demand of just 1.8 percent. None of the largest freight forwarders were able to increase their volumes as expected, writes SeaIntel in a new analysis.
BY DANIEL LOGAN BERG-MUNCH
At the beginning of 2015, the container sector's biggest freight forwarders, the big logistics companies, seemed optimistic about the possibilities for growth despite a historically weak container market, while some of the sector's key players even predicted that the market would grow by about four to five percent in line with 2014.
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