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The moral of this tale is that when everything else is on a downward path, logistics executives can always turn their attention to e-commerce as a new source of business. Singapore-based GLE Logistics, which has hitherto specialised in serving the supply chains of hi-tech manufacturers located in the city state, has seen some parts of business decline by as much as 30% over the course of the year as the economic malaise continues to bite. But in the spirit that every challenge represents an opportunity, founder Ken Ngan says it has turned its attention to serving e-commerce consumers: “Things are slower now but there’s no point crying over spilt milk. It’s a good time to do some housekeeping.”

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