6. Track It
International ocean shipping has long been a black box, devoid of more granular courier-style tracking. That’s also changing. MSC and CMA CGM (who collectively own 25% of the global container capacity) both invested in TRAXENS, a global container tracking solution. And the founder of Weft, which specializes in supply chain intelligence, launched a startup for global pallet tracking. On the port side, the Port of Los Angeles and GE teamed up to improve tracking and unloading.
7. Shaping Countries
It’s difficult to find the efficiency of US logistics networks replicated around the world. But in 2013, Alibaba set out with a 5-8 year plan to invest $16 billion in improving China’s logistics network, co-establishing Cainiao (last valued at $7 billion dollars). The goal according to Jack Ma:
build an IT-driven network capable of delivering packages to the doorsteps of consumers anywhere in the country within 24 hours.
8. Build Your Own Fulfillment
Back in the 90’s, Amazon focused on online sales before shifting into online payments, warehousing and then third-party inventory management. With massive shipping spend ($2.9 billion in Q3 alone), an effort to move into logistics is underway. From leased airplanes to freight forwarder licenses, and from drones to private truck fleets, no aspect of shipping is untouched.