DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/53l4js/china) has announced the addition of the "China International Freight Forwarding Industry Report, 2012-2015" report to their offering.
China International Freight Forwarding Industry Report, 2012-2015 forecasts that in 2015, China's international freight forwarding business will account for approximately 31% of the total import-export value of foreign trade, with a compound average growth rate of 8.4%.
China's rapid economic growth has accelerated circulation of goods, information and services in the whole society, thus providing a broad market space for the development of cross-border logistics industry cored by international freight forwarding. From 1998 to 2011, China's cross-border logistics industry witnessed an average annual growth rate of more than 10% in market scale. However, affected by the European debt crisis, foreign trade in 2012 showed contraction, and only a slight increase appeared in cross-border logistics market,with growth rate down to 5.0%, to RMB1.0916 trillion.
In China, international freight forwarding mainly consists of ocean freight forwarding and air freight forwarding, of which, the former accounts for about 70% of the overall international freight forwarding market. At present, capacity surplus in shipping industry is still serious, coupled with the slow recovery in demand for cargo volume, the growth rate of international ocean freight forwarding market scale in 2012 will fall to a single digit. The international air freight forwarding market occupies a small proportion of 15%, accompanied by large fluctuations.
Under the influence of increasing air cargo capacity, descending demand produced by economic recession in the U.S. and Europe, plus high aviation fuel prices, the international air freight forwarding market remained in recession in 2012.
This report contains five chapters and 69 charts, mainly covering the market size, competitive landscape and future trends of China's international freight forwarding & logistics industry, as well as basic operation, financial indicators, recent developments, etc. of 40 key international freight forwarding companies in China.
Key Topics Covered:
1. Macro-Economic Environment in China, 2011-H1 2012
2. Basic Situation of International Freight Forwarding Industry
3. Development of China's Foreign Trade
4. China's International Freight Forwarding & Logistics Market Size
5. Operation of China's International Freight Forwarding & Logistics Companies
Companies Mentioned Include:
- SINOTRANS&CSC
- COSFRE
- CMST
- DHL-Sinotrans
- Sinosteel Shipping & Forwarding
- JCTRANS
- CRIFFD
- CND Logistics
- Kerry Logistics
- Zhenhua Logistics
- Centrans Ocean Shipping Logistics Group
- China Railway United Logistics
- ChinaTrans International Limited
- Shanghai Asian Development international Transportation Pudong
- Bondex Logistics Co., Ltd.
- Orient international Logistics (Holding) Co., Ltd
- Tianjin Tianbao international Logistics Group Co., Ltd.
- Comtrans
- Jiangsu Uniwill Logistics
- Cargo Services
- SIPG Logistics
- Worldwide Logistics Group
- KWE China
- Keyun Group
- Lianyungnang Dongda International Transport
- Minsheng International Freight
- Grandsky Global Logistics
- CYTS Cargo
- New Times International Transport Service Co., Ltd.
- SDV Shanghai
- Ningbo Youngor International Trade & Transportation
- Nippon Express (China)
- Yunde
- Qingdao Ocean & Great Asia Logistics
- CRIMT
- Jiangsu Feiliks International Logistics Co., Ltd.
- Ningbo Port Southeast Logistics
- Xiamen Superchain Logistics
- Harmony
- Guangxi Chaoda Transportation Group Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/53l4js/china