Looking at distribution, WorldACD finds a rather stable picture. Of the world’s top-20 forwarders in the first four months of 2014, 19 still claimed that position in 2015. As a group, they lost some ground as they saw their combined share of worldwide revenues diminish from 45.1 per cent tot 44.4 per cent YoY: the elite group’s yield suffered slightly more (-12 per cent) than the worldwide yield of the smaller forwarders (-10 per cent). Only six of the top-20 forwarders realised a revenue increase. Not surprisingly, three of these are based in Japan, the best performing of the larger countries in terms of YoY-revenue increase.
General sales agents (GSAs) as a group further strengthened their position in air cargo: more than 20 per cent of worldwide revenues were generated through sales under GSA-agreements. GSA’s showed a higher than average volume growth coupled with less yield loss. In volume growth, GSA-generated sales outperformed other sales in all areas except Africa and Latin America, with the best relative performance seen in Asia-Pacific, followed by North America and Middle East & South Asia. The top GSAs in Europe and North America improved by a higher percentage than their competitors.