GLOBAL FORWARDING, FREIGHT
Market Shares Global Forwarding
In 2008, DHL Global Forwarding was the industry leader in air and ocean freight. Following the sharp drop in ocean and air freight volumes at the start of 2009, the market began recovering in the fourth quarter and we are gaining market share. In 2010, we expect the market to continue picking up slightly. Given that air and ocean freight capacity has been reduced considerably in recent months, we anticipate sharp increases in procurement and sales prices for transport services.
Air freight
The decline in Economic parameters global trade volume had an especially serious effect on the air freight market. IATA reports a 10.1% decline in market volume measured in freight tonne kilometres, whilst DHL registered a decline of approximately 13%. A direct comparison of these two figures, however, cannot be made because the IATA figures do not include data on charter flights and non-IATA carriers like CargoLux.
| Air freight market, 2008: top 5 |
| Market volume: 19.0 million tonnes1) |