Agility announced that its digital freight forwarding arm, Dubai-based Shipa Freight, will merge with Barcelona-based iContainers, a business in online freight platforms.
Shipa Freight and iContainers will combine technology platforms and operations. The combined company, wholly owned by Agility, and according to Agility will be one of the top-five most-visited online freight forwarding platforms globally.
The merger will create digital forwarding services, including: Standard air and ocean freight shipments for business customers, ranging from small and medium-sized enterprises (SMEs) to multinational companies requiring spot shipments. Household relocation services for individuals moving from one country to another. Agent services for local forwarding companies that are looking for international partners in key markets. “White label” digital forwarding services that can be integrated into B2B e-commerce platforms.
The digital forwarding market has spiked with the rapid acceleration of e-commerce, and the desire of merchants, B2B sellers and entrepreneurs to have self-service tools that provide them with greater control and visibility of their supply chain.
“Digital forwarding was growing before the pandemic, and the pandemic has accelerated digital adoption. This is especially true among small businesses looking to find a trusted partner to support them through the supply disruptions of the last couple of years, said Henadi Al-Saleh, Agility Chairperson. “We expect the digital freight forwarding market to grow by over 40% a year over the next few years.”
Source: Agility
