The world continues to grapple with the increasing demand of consumers for efficient shipping processes, necessitating the need for a systematic supply chain and logistics. To ensure smooth, end-to-end goods transfers, freight forwarders are compelled to provide integrated transportation services. Considering the cutting-edge advancement, the Canada freight forwarding market is expected to reach $3010.7 million by 2027, expanding at a CAGR of 9.0 percent during the forecast period.
The market's growth can be primarily attributed to the growth in international trade, the expansion of e-commerce, and the rise of free trade agreements between nations. The freight forwarding market is expected to transform significantly with the adoption of AI, IoT, and innovation in order fulfillment, delivery models, and value-added services to reshape the last-mile delivery segment of the supply chain. Additionally, an increase in competition due to globalization has diverted the focus of manufacturers and retailers to their core business competencies while outsourcing their non-core competencies, further propelling the market’s growth.
Accentuating these latest industry developments, the latest edition of Logistics and Transportation Review proclaims the critical advancements in the freight forwarding space and how companies leverage the latest solutions and market expertise to coordinate the movement of commodities across international borders. The edition features thought leadership articles from Todd Williams, President at KINEXO, who explains the importance of providing customized supply chain solutions to reduce transactional costs, improve transparency, maximize operating efficiency, and increase profitability. It also includes an outlook from Mark Langmead, Director of Revenue and Compass Operations at TransLink, who stresses the significance of open payment in transportation to provide a seamless customer experience.
In addition to these critical insights from industry experts, the edition also features the most promising freight forwarding solution providers in Canada, such as Ray-Mont Logistics. It provides an integrated logistics solution that aligns terminal logistics services, including loading, storage, packaging, and local transportation, with its ocean freight forwarding and container cargo business. It follows a systematic process while engaging with clients to deliver the comprehensive benefits of its vertically integrated service, ensuring shorter turnaround times and higher quality of services.
We hope this edition will help you find the best freight forwarding solution providers in Canada to help you provide efficient goods movement to buyers by arranging intermodal transportation and customs clearance.
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