News / Forwarders need to share data and stop 'hijacking the supply chain'

Forwarders need to rein back their “monopolistic” tendencies and learn how to collaborate and share data to ensure a successful future.

“Forwarders now want to keep their options open; they hope they might get a better rate with a different carrier. So for less than 10% of shipments, they will hijack the whole logistics chain,” said Arnaud Lambert, CEO of IT company Champ Cargosystems.

“We need to change the mindset – there is bigger value if you share than if you keep the data. Otherwise ...