10.1.3.1Vertical
Global Air Freight Forwarders
Large freight forwarders arranging international air cargo.
Market snapshot
These figures describe Air Freight Forwarding (10.1.3), the segment that Global Air Freight Forwarders sits within. They are not figures for Global Air Freight Forwarders on its own.
FragmentationConsolidatingEstimate
Air freight forwarding falls within freight transportation arrangement (NAICS 488510), sized under Freight Brokerage; cross-referenced here as an air-logistics specialty but not re-sized to avoid double-counting.
Business model & economics
Revenue model
Forwarding margins and logistics-management fees
Key economics
- Recurring revenue
- Moderate
- EBITDA margin
- Margin- and volume-driven
- Capex intensity
- Low
recurring shipper relationships
Characteristics
- Arranges air cargo without owning aircraft.
- Led by DHL, Kuehne+Nagel, Expeditors, DSV.
- Digital freight forwarding an emerging disruption.
M&A deal context
Deal activityModerate
Who’s acquiring
- Global freight forwarders
- Digital-forwarding platforms
- PE-backed consolidators
What’s driving deals
- Consolidation around global forwarders.
- Digital-forwarding disruption.
- Trade and e-commerce air-logistics demand.
Find Global Air Freight Forwarders acquisition targets
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