Begoma’s 2026: Half-year review

Changing market conditions, shifting capacity and continued business development for Begoma have all shaped the first half of 2026. We asked Managing Director Henrik Malmberg to look back on the year so far and ahead to the rest of 2026. This is what he has to say.

The first six months have once again shown how quickly the transport market can change.

On a macro level, the situation involving Iran, the Strait of Hormuz and oil price volatility have affected the global transport market in a meaningful way.

– Like the rest of the sector, we have had to raise prices, of course. But we find solutions, look for alternatives and do what we can to keep cost increases as low as possible for our customers, says Henrik Malmberg, Managing Director at Begoma.

Finding solutions when capacity drops

One of the clearest effects during the spring has been changing capacity in several markets. When transport flows shift, available capacity often shifts with them.

A route that previously offered good export capacity may have depended on regular import flows into the same area. If those import flows disappear, the return capacity may disappear as well. Without the proper support, the result can be a cost increase that is much larger than the fuel increases alone.

– However, this is where Begoma can make a real difference. When conditions become more dynamic, our broad network of suppliers, local presence, market knowledge and ability to find alternative solutions matter the most, says Henrik.

Continued focus on rail and multimodal transports

Another important focus has been our continued work with rail and multimodal transports. In February, we formed a new business unit for multimodal transports, that continues to take shape.

Our network for a rail-based import setup to Sweden has also been broadened beyond the established line from Modena to Malmö. Now we have regular flows from Germany and Budapest, as well as test shipments from northern Spain.

– When established flows change, the best transport solution may also change. For customers who want to avoid road transport where possible, rail can become an important alternative, says Henrik.

Looking ahead: A new office and further development

For the second half of 2026, Henrik Malmberg sees a more positive market development ahead. Begoma is preparing accordingly. We are strengthening the team with a new freight forwarder and will continue to build on the initiatives already in motion.

– The next step is about consolidation. We have taken several steps forward, and now we need to strengthen them, land them properly and make sure they create value for our customers, says Henrik.

Begoma’s move of the head office in August, next to Malmö Central Station, is part of the same development. A more central location makes it easier for customers, suppliers and partners to visit us. An important step as we continue to work more closely as a service provider for our customers.