Several container shipping lines have announced their intention to become end-to-end logistics solution providers. Why should these attempts succeed where others previously failed and how may these developments change the boundaries between shipping lines and freight forwarders? The answers may lie in technology.
In this white paper, we examine current invoicing and payment processes and compare them with an ’ideal state’ global container liner shipping industry, with frictionless invoice reconciliation, settlement and immediate payments. We wish to acknowledge the support of Mastercard in the production of this paper.