Approximately 90% of the world’s trade travels by sea and one would expect the industry’s supply chain to be the height of modernity by adopting disruptive technology and strategies. However, this could not be further from the truth. While online trading platforms are under development, the traditionalism of the industry prevails with various parties involved in each voyage, typically communicating via trade managers.
In this archaic set-up, someone with enough muscle and innovative ideas could be like a tsunami, rolling through and disrupting the traditional container shipping movement.
Enter Amazon. This biggest online retailer in the world is no longer just that. Amazon obtained the title of a non-vessel operating common carrier in early 2016 for cargo shipments between China and the US. This cemented their role as a complete logistics company and freight forwarder as they already are in aviation, trucking and manufacturing — the complete supply chain.
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