Two key services that have allowed for the movement of goods around the world in both the historical and contemporary contexts have been transportation and freight forwarding services. This lecture discusses in details the importance of these two services-based industries. At the same time, the information shared here highlights opportunities to export a service that remains in high demand globally.
By the end of this session, we will be able to do the following:
- Describe the historical and contemporary state of transportation services;
- Discuss the impact of protectionist practices on various services-based industries;
- Explain the significance of freight forwarding services; and
- Compare the different types of freight forwarding services that have emerged in the 21st century.
Article: Global Third-Party Logistics Market to Generate Revenue of Over US$2,349.2 Billion by 2031
Article: What You Need to Know Before Starting a Transportation and Logistics Business
Commentary: How would a global trade war affect aviation?
Example: Nippon Express Group Business Plan 2023
Research Report: Ocean Freight Market Update