Disruptive new e-business models and innovative online platforms are gaining market traction and changing the way companies buy and transact international shipping services.
In this e-business white paper, Drewry consultants investigate the drivers behind the accelerating technology trend and assess the implications for freight forwarders, ocean carriers and those investing in the e-business platforms enabling this change.
Whilst no single factor can be identified as being the principal driver behind the trend, both the nature of the spot rate shipping business and e-commerce logistics have encouraged the development of online forwarding.
The paper highlights a number of factors which are contributing to the trend, these include:
New entrants are starting to make an impact and established businesses are either resisting change or adapting. Among the new business models are: