News / Traditional forwarders beginning to see the threat from online platforms

© Virojt Changyencham

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 small-to-medium-sized customers,” says the report.

Although LTI notes many forwarders offer such platforms, it points ...