With shippers and carriers unable to predict rates or capacity in the spot market from month to month, can a better alternative be developed by new freight capacity marketplaces?
Drewry’s Philippe Salles considers whether container shipping is ready for guaranteed services and prices.
An e-bill of lading service using proven scalable technology can have easy ROI based on prime service revenue, faster delivery, time savings, removal of fraud risk and heightened security.
Technology developments are aiding ports, but business models also need to evolve.
Drewry’s Philippe Salles says the sheer volume of data required to provide granular track-and-trace details is a challenge to manage and decipher.
Container carriers have tried integrating ocean and overland transportation before; it may have a better chance to catch on now thanks to supply chain technology advances.
Drewry’s Philippe Salles says the role of supply chain finance platforms will be instrumental in the digital transformation of shipping.