Extending the last mile: Can logistics players continue to deliver?
Third-party logistics companies have thrived during the e-commerce boom amid Covid-induced lockdowns, but with e-commerce platforms starting their own fleets, delivery companies might have to do something slightly different.
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A quick knock, the sound of scurrying footsteps and a package placed at the door - that's the now familiar experience most people associate with logistics companies.
Covid-19 induced lockdowns helped third party logistics (3PL) companies thrive over the past year, bringing deliveries right to your doorstep, allowing you to avoid crowds and social interactions. Their logo-emblazoned vans, riding on the e-commerce boom and unloading parcels daily, are now a familiar sight at every estate.
Still it's not all roses for these last-mile players. Consumers frequently complain on social media about how parcels are mishandled or deliveries missed. Meanwhile, e-commerce marketplaces Shopee and Lazada, that provide the bulk of the delivery business, have set up their own in-house delivery fleets as well.
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