Farewell to the freight forwarder?
Global e-commerce is leading the biggest shake-up in international shipping since the introduction of containers
FOR those of us who have been in the shipping industry since the beginning of the seventies, constant unsettling change has been a fact of life. Practically every aspect of the shipping industry has changed almost beyond recognition over the past five decades.
In the liner trades, the real game changer has, of course, been the container. The "box" turned an industry, which worked on a business model based on the value of the cargo, upside down.
Broadly speaking, the container is the cargo and, within limits, what's inside it doesn't matter. In tandem with the coming of the container, regulatory changes swept away the old conference system and with it most of the many liner shipping companies in a still ongoing period of consolidation.
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