The inland bulk cargo sector in Bangladesh is facing significant challenges due to structural inefficiencies and a heavy reliance on intermediaries. Industry estimates indicate that these factors contribute to an additional 8% to 20% in costs for various transport trips. Consequently, there is a growing demand for a digital overhaul to streamline operations and mitigate these market inefficiencies.
Economy
Inland bulk cargo sector calls for digital transformation
Structural inefficiencies and reliance on intermediaries are driving up inland bulk cargo transport costs by 8% to 20%.
Source: TBS Bangladesh