2018 Freight Forwarding and Customs Broking Snapshot
Welcome to the second International Freight Forwarding & Customs Broking industry snapshot released by HLB Mann Judd in conjunction with The Australian Federation of International Forwarders and The Front-Line Group.
The key objectives of this snapshot are to:
- inform local business on the performance of the industry as a whole over the last twelve months;
- provide a benchmark of useful information to compare the performance of your organisation against that of other organisations in the industry; and
- present our thoughts on the direction of the industry for the next twelve months.
- Even though succession planning continues to be an issue in the industry, of the respondents who are contemplating retirement or selling their business,
an alarming 72% have not yet started a plan for an eventual sale or transition of their business;
- Accuracy surrounding financial information is a concern for business owners and decision makers. Respondents who are not comfortable on relying on the financial information have noted two main reasons why they cannot rely on the information: the financial team not possessing the appropriate experience or being unable to verify the accuracy of the data that is received;
- 61% of respondents believe that economic conditions and their impact on consumer demand is the greatest external factor influencing their business; and
- Expanding in new and emerging markets is the main area businesses would like to work on immediately.
HLB Mann Judd has a significant number of freight forwarding clients across Australia and internationally, ranging from large multinational businesses through to small family businesses. Our breadth of experience and industry knowledge ensures we are able to understand and advise on the financial and operational drivers of the freight forwarding sector.
Our goal is to bring people together to:
- build professional capabilities in trade
- elevate the profile of trade
- advocate the benefits and opportunities of trade
- facilitate networking
- improve the performance and success of companies in global trade
- boost the efficiency of trade processes.
Featured GTPA Member
Ziyaad Ebrahim, GTP
Ziyaad has close to fifteen years of experience in international trade and development.He joined the World Trade Organization (WTO) after serving 12 years in various positions within the Government of Seychelles, where he comes from.
During his time in the Government of Seychelles, he was directly involved in trade, investment and general economic policy formulation and implementation.He also has experience on WTO accession and was involved in FTA negotiations with the European Union and within the Eastern and Southern African region. He has also worked with international organisations such as the IMF, World Bank and the African Development Bank on Structural Adjustment Programmes, private sector and MSME development initiatives including gender empowerment projects.
In his current role with the WTO, he coordinates the work of the WTO LDC Group in the ongoing trade negotiations.He also monitors and assists LDC participation in specific areas of the negotiations which include Special and Differential Treatment (S&DT), fisheries subsidies, trade facilitation and LDC accession negotiations.
He is fluent in English and has working knowledge of French.
Ziyaad was one of the first people globally to be certified as a Global Trade Professional in the area of Trade Management.