Michael Wax

Forto

Co-Founder and CEO

Michael is co-founder and CEO, leading the team and strategic direction of Forto. A true entrepreneur with a strong passion for innovation in global trade and e-commerce, Michael was part of the founding team at KONUX, an early pioneer in industrial IoT.

Michael frequently speaks on the future of logistics at conferences and in the media. Originally hailing from Munich, he is a fervent cyclist, keen investor, and champion for grassroots political engagement.

Sessions With Michael Wax

Friday, 25 February

  • 09:40am - 10:10am (PST) / 25/feb/2022 05:40 pm - 25/feb/2022 06:10 pm

    TPMTECH STREAM: 3PL FOCUS

    What Can 3PLs Do to Differentiate With Technology?

    TPMTECH STREAM: 3PL FOCUS

    The pandemic and subsequent congestion in North American and European ports have brought into stark relief how difficult it is to manage supply chains dependent on containerized freight. That’s been a boon for third-party logistics providers, which have seen shippers large and small turn to them for access to capacity, origin and destination services, and sourcing and modal optimization. But what exactly is it, from a technology perspective, that moves the needle for shippers and the 3PLs that cater to them? Can the market continue to support an industry with tens of thousands of players, or will software and technology platforms start to consolidate functions into fewer ecosystems? At the heart of these questions is the role technology can play in allowing 3PLs to differentiate or in creating common experiences that allow certain 3PLs to get scale.