One of the fastest-growing shipping service providers is Kai, which handles more than 400 million tonnes of freight through its network in more than 40 countries and holds the Freight Forwarding Category in the annual Global Freight Survey conducted by the Singapore Singapore Risk Services Centre. Container shipping is the form of freight transportation that is expanding the quickest, according to 59% of the respondents.However, both freight forwarding and container freight services had the largest decline in freight volume during the last year. While container freight services showed a 19.1% decline, freight forwarding increased by 18.7%.