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Published in:
2021 | OriginalPaper | Chapter
Rate Comparison and Marketplaces—The Platform Era and Global Freight
Author : Eytan Buchman
Published in: Disrupting Logistics
Publisher: Springer International Publishing
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Abstract
Platforms, which connect buyers and sellers at scale, have been a mainstay of the consumer Internet ecosystem for decades, led by companies like Amazon, eBay, Uber, and Airbnb. In recent years, they have increasingly permeated the business environment, beginning with Alibaba for procurement and increasingly with companies like SAP Ariba. The prospect of increased efficiency and access for buyers and improved sales and support for providers makes platforms alluring for the logistics space, particularly given fluctuating capacity, the multiple actors involved, varying support capabilities, and the prospect for reduced costs by automating procurement and management. This essay assesses the platform potential in the logistics space, the drivers of change that make it more relevant than ever, and the four major platform business models being adapted. Finally, it concludes with a case study based on the Freightos Group’s experience in the logistics platform space.