COVID-19 impact on freight forwarding market by scenario 2020

The global freight forwarding market was among the markets hit the hardest by the coronavirus outbreak. In a severe impact scenario, the global freight forwarding market is expected to contract by 7.5 percent in 2020, compared with the previous year.

Year-on-year change of the global freight forwarding market due to the coronavirus outbreak in 2020, by scenario*

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Release date

April 2020



Survey time period

2019 and 2020

Supplementary notes

* The actual impact assumes the following: a suppression of the pandemic in the next four to six months; manageable supply and production shocks and temporary daily life restrictions.
The severe impact assumes: an extended epidemic throughout this year and next year and a significant drop in demand and supply that will lead to a financial crisis in the second half year of 2020.

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Statistics on "Coronavirus: impact on the transportation and logistics industry worldwide"

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