Sea Logistics

Worldwide Digital Freight Forwarding Industry to 2025 – Flexport leading the

DUBLIN–(BUSINESS WIRE)–The “Digital Freight Forwarding Market – Growth, Trends, and Forecasts (2020 – 2025)” report has been added to’s offering.

The Digital Freight Forwarding Market is expected to grow at a CAGR of around 25% during the next few years.

Companies Mentioned

  • Flexport
  • Twill
  • FreightHub
  • Fleet
  • InstaFreight
  • Transporteca
  • Kontainers
  • KN Freight Net
  • Turvo
  • iContainers
  • DHL Group
  • Kuehne + Nagel International AG
  • Agility Logistics Pvt. Ltd

Key Market Trends

Growth in E-Commerce driving Digital Freight Forwarding Market

In 2019, retail e-commerce sales worldwide amounted to around 3.53 trillion US dollars and e-retail revenues are projected to grow even further at a quicker pace in the coming few years. Online shopping is one of the most popular online activities worldwide, both domestic and cross-border e-commerce is booming in developing markets such as China, India, and Indonesia due to that reason. This encompasses not just direct-to-consumer retail, but also shipments of electronics, pharmaceuticals, and consumer packaged goods. With increasing access to internet even the manufacturers of products are gradually moving from traditional freight forwarding to digital freight forwarding. The major benefits of digital freight forwarding include instant quotes, transparent pricing, comparison of rates and carriers, tracking, easy documentation and others.

Flexport leading the Digital Freight forwarding market

Flexport is a San Francisco-based digital freight forwarder and logistics platform. Founded in 2013, the company has around half of its business in ocean freight and the other half in air freight. After its Series C round of funding in September 2017, Flexport had a valuation of $800 million. DST Global led this round; other investors include Founders Fund and Wells Fargo. In 2018, the company received USD 100 million from SF Express, a leading courier company in China. This brought Flexport’s total funding to USD 300 million and its valuation to more than USD 1 billion.

The startup has a run-rate revenue of approximately USD 400 million and is growing steadily. It ships roughly 120,000 TEUs (20-foot equivalent units) annually, with a focus on transpacific trade lanes, where its shipment volume is the 20th largest on the transpacific eastbound route. It reached a revenue of USD 860 million in 2019 and became the leader in digital freight forwarding market as it provides high quality logistics service with added analytical reports.

Key Topics Covered:



2.1 Analysis Methodology

2.2 Research Phases



4.1 Current Market Scenario

4.2 Value Chain / Supply Chain Analysis

4.3 Investment Scenarios

4.4 Government Regulations and Initiatives

4.5 Technology Development in Online Freight Forwarding and Digital Platforms

4.6 Overview on E-commerce Logistics and Freight Forwarding

4.7 Value Propositions of E-platforms Vs Competitors

4.8 Impact of Covid-19 on the Market


5.1 Drivers

5.2 Restraints

5.3 Opportunities

5.4 Industry Attractiveness – Porter’s Five Forces Analysis


6.1 By Mode of Transport

6.1.1 Land

6.1.2 Sea

6.1.3 Air

6.2 By Geography

6.2.1 North America United States Canada Mexico

6.2.2 Europe Germany France Netherlands United Kingdom Italy Rest of Europe

6.2.3 Asia-Pacific China Japan Australia India Singapore Malaysia Indonesia South Korea Rest of Asia-Pacific

6.2.4 Middle East & Africa South Africa Egypt GCC Countries Rest of Middle East & Africa

6.2.5 South America Brazil Chile Rest of South America


7.1 Market Concentration Overview


Read More: Worldwide Digital Freight Forwarding Industry to 2025 – Flexport leading the

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