It’s shape up or ship out for e-commerce logistics players facing slowing demand

LOGISTICS companies focused on South-east Asia’s e-commerce market are bracing for a tougher year as e-commerce volumes experience slower growth, hampered by waning consumption. Higher fuel prices are not helping.

Some companies that ramped up logistics capacity during the pandemic boom are now having to consolidate resources and increase efficiency.

“We’ve seen some impact as a result of economic headwinds, with parcel volumes in selected markets experiencing flat or slightly negative growth for the first time,” said Lai Chang Wen, chief executive of Ninja Van, one of the largest e-commerce logistics players in the region.