AllMasters launches platform for freight forwarders’ LCL export ops

AllMasters, a digital freight consolidation platform specialising in LCL exports, has unveiled its newest solution tailored to address the challenges encountered by freight forwarders in the industry.

Launched on February 23, 2024, this platform with a patented “Dynamic Distribution Model” is for freight forwarders to book shipments at substantially reduced rates compared to prevailing market prices with a real-time tracking solution.

“Global LCL freight, currently standing at approximately 140 million cubic meters, is expected to reach 250 million cubic meters by 2028, driven by the force of e-commerce”: TN Seetharaman, co-founder of AllMasters.

“Many industry players fail to fully comprehend the intricacies of LCL shipments, often delegating such responsibilities downstream. This oversight contributes to a significant power disparity within the industry, with a handful of consolidators controlling 70% of the market, leaving thousands of freight forwarders to compete for the remaining 30%,” he added

AllMasters is also set to introduce a range of new products, including air freight services, LTL options, Haz Consol, ERP and CRM systems, and an AI-powered, CLP software developed in-house as a SAAS solution.