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Freight Forwarding Services


If your company is looking to save time and money during the initial stages of the buying process, ProcurementIQ’s Freight Forwarding Services procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Freight Forwarding Services, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Freight Forwarding Services - Recent Price Trend

The average price of freight forwarding services has been nearly stagnant, rising at an estimated annualized rate of only 0.1% during the three years to 2018. Rising demand for freight forwarding has boosted market prices, although slow growth in fuel prices has kept the cost of transportation services from rising more quickly, mitigating the extent to which market prices have grown.Heightened.

Freight Forwarding Services - Total Cost of Ownership

The total cost of ownership associated with purchasing freight forwarding services is low. Suppliers typically do not apply hidden charges beyond those specified up front in the price quote, which includes the cost of the necessary transportation services. Buyers that purchase freight forwarding services typically require tracking services, preparation of documents and insurance on shipped goods,.

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About this Report

This report is intended to assist buyers of freight forwarding services. Freight forwarders handle the logistics of cargo movements by arranging transportation and tracking, negotiating freight charges, preparing documents, overseeing customs clearance, insuring goods, arranging warehousing and consolidating freight services. Unlike third-party logistics providers, freight forwarders generally do not provide transportation or warehousing services themselves. Instead, they subcontract freight carriers, such as trucking companies, rail carriers, cargo airlines and waterborne carriers, to transport buyers’ goods. This report excludes vendors that solely offer cargo transportation or customs brokerage services. 

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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