The transport and logistics industry is extremely diverse. The global economic environment for 2019 faced headwinds due to trade wars, higher oil import costs, and interest rate hikes. The growth of the global economy in 2020 will be subdued, as trade tensions remain elevated, with emerging markets experiencing substantial financial market pressures. The global trade slowdown, further fueled with capacity and cost pressure and regulatory compliance, concerns logistics industry participants. This lack of optimism has led established T&L companies to scout around for fresh revenue streams that are at times only tangential to their core business.