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explosion, pressure, transformation... small and medium-sized freight forwarding companies struggle to survive

2024-09-10

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[the "2024 cross-border e-commerce industry first quarter report" released by hugo cross-border shows that in the first quarter of this year, the revenue of 73% of small and medium-sized freight forwarding companies has declined year-on-year, of which 26% of small and medium-sized freight forwarding companies have a revenue decline of more than 50%. ]

just after typhoon makar passed, shenzhen freight forwarder boss li went on a business trip again these two days, flying to hangzhou to visit clients. recently, the logistics circle in south china has frequently reported the collapse and bankruptcy of freight forwarding companies. "if we don't come out and look around, we may be the ones to go bankrupt," said the freight forwarder boss who has been in the industry for more than ten years.

boss li told the first financial news reporter that she had witnessed the glory of the "goods finding people (logistics)" industry during the export blowout in the past two years, but now she has to worry about how the company can find more customers.

in the vast ocean of "global trade", freight forwarding companies are the bridge between shipping companies and cargo owners. when the market was good in the past few years, domestic freight forwarding companies showed explosive growth, but with the slowdown in demand and the increase in external uncertainties, freight forwarding companies have accelerated their exit, and the remaining companies are struggling to survive.

explosion

according to the first financial daily reporter's visit, there have been a number of freight forwarding companies experiencing problems such as closure and bankruptcy recently.

on august 19, guangzhou encheng international logistics co., ltd. (hereinafter referred to as "encheng logistics") announced that all company matters will be suspended from the date of the notice. "due to poor management of the company, resulting in a broken capital chain, the company is in a state of suspension of operations. the actual controller of the company has decided to stop core business operations and will no longer charge any fees to all cooperative customers."