Kuehne+Nagel’s CEO said something unusual.
His company now has more pricing power.
Yet DSV controls only 6% of the global market.
The top 20 forwarders together hold just 40%.
That hardly looks like a market controlled by a few.
For shippers, this matters in their next freight tender.
So where is the real pricing power?
Here are 5️⃣ signals behind it:
1️⃣ K+N says competition has changed
CEO Stefan Paul says only three large competitors remain.