E-commerce giants bulk up on logistics, but it's not endgame for 3rd-party players
S-E Asia logistics firms betting on value-add, efficiency, cost control to stay in game; but may face disruption and consolidation in longer term
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Singapore
BRIGHT orange vans, with "Shopee Xpress" emblazoned across in white font, have become a common sight on Singapore's roads. This reflects a growing trend across South-east Asia: e-commerce marketplaces bulking up on in-house logistics.
Third-party logistics (3PL) startups The Business Times (BT) spoke to are aware of the trend, but they say they will complement, rather than compete with, their e-commerce clients.
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