Description
“Cape of Good Hope: Global International Transportation Management (ITM) Market Analysis” is Armstrong & Associates’ May 2026 in-depth analysis of the global International Transportation Management (ITM) segment of the third-party logistics (3PL) market, which includes air and ocean freight forwarding, inland transportation management, and customs brokerage and compliance services. ITM was the fastest-growing 3PL segment in 2025.
Following a multi-year boom-and-bust cycle that saw global ITM revenues surge from $274 billion in 2019 to a peak of $533 billion in 2022, then collapse 46.5% to $285 billion in 2023, the segment has spent 2024 and 2025 rebuilding from a more sustainable base. A&A’s updated estimates show global ITM gross revenue reached $329.0 billion in 2025, up 8.0% year over year, and is projected to grow to $347.1 billion in 2026E (+5.5%) and $361.6 billion in 2027E (+4.2%).
The 2026 recovery is being shaped by a uniquely complex set of forces: importer frontloading ahead of expected tariff changes, the U.S. Supreme Court’s decision striking down the IEEPA-based tariff regime (replaced by a 10% Section 122 global tariff), elimination of the de minimis exemption for China-origin imports, the conflict in the Middle East rerouting Asia–Europe and Asia–U.S. East Coast ocean traffic around the Cape of Good Hope (extending transits 10–14 days), and the temporary sidelining of approximately 8–10% of global container capacity in or near the Persian Gulf.
Report Contents
- Executive Summary
- The Global ITM Market 2017–2027E — regional ITM market sizes, top country markets, and ITM in the context of logistics costs and 3PL penetration
- Top ITM 3PLs — A&A’s Top 25 Global Freight Forwarders 2026 ranking by combined gross revenue, ocean TEUs, and air metric tons
- Individual ITM 3PL Growth Commentary
- Air & Ocean ITM Market Trends by Region and Country
- ITM 3PL Customer Trends — vertical industry trends shaping ITM demand
- Digitalization and IT Trends — AI use cases in freight forwarding, TMS deep-dive on CargoWise (WiseTech) and Descartes, point applications and the forwarder tech stack
- Bonded Warehouses and Foreign Trade Zones
- ITM 3PL M&A Activity — notable deals 2024–2025 and strategic rationale
- Global ITM Market Outlook for 2026 and 2027 — base-case forecast, assumptions, and downside risks
32 pages • Published May 2026 • PDF format
This report is part of A&A’s premium market research Expert Information Service (E.I.S.).
(Note: This report is downloadable as an Adobe PDF file with a single user license.)
Reviews
There are no reviews yet.