Traditional forwarders beginning to see the threat from online platforms

While uncertainty in global trade is proving prosperous for the forwarding community, legacy forwarders appear to have now fully realised the threat posed by online platforms.
A Logistics, Trends, and Insights (LTI) report claims traditional players have made “significant investments” to offset threats from online operators entering the $220bn global market.
“Many legacy forwarders have launched their own online platforms, which they believe presents an opportunity to attract...

https://theloadstar.co.uk/traditional-forwarders-beginning-see-threat-online-platforms/

As global spend on IT rockets, so will its disruptive impact on logistics, says report

Disruption to logistics from technology is only beginning – its impact will increase as more investment pours into the industry.
According to a new study produced jointly by American Global Logistics and Logistics Trends & Insights, global spend on logistics IT will rise to $87.8bn by 2022, up 17% from the outlay in 2017.
The study’s authors say at least 3% of logistics IT investment in 2017 was funnelled into disruptive technologies, like artificial intelligence, robotics …

The post As global...

https://theloadstar.co.uk/global-spend-rockets-will-disruptive-impact-logistics-says-report/