— Carrier continues setting trend of frictionless rate distribution
to speed rates to customers, and grow bookings —
Chapel Hill, North Carolina, June 21, 2016 – CargoSphere, the leading provider of frictionless rate distribution and cloud-based global freight rate management, today announces that UASC, a leading global ocean carrier, has quickly implemented its second CargoSphere Rate-Mesh connection with Dachser Logistics, a global third party logistics service provider (LSP). CargoSphere’s collaborative rate technology enables UASC to electronically distribute confidential rates in real-time, directly into Dachser’s rate database, so rates are ready to use immediately following their release by UASC. Initially, Dachser is receiving Asia-Europe freight rates and Asia-Mediterranean rates are coming soon.
Carrier rate volatility has accelerated, putting pressure on carriers and ocean transportation buyers to manage continuous rate updates efficiently and in a timely manner. Effective rate management is important for both ocean transportation buyers and sellers. Carriers need to get competitive rate updates into buyers’ hands quickly to stimulate business, and LSP buyers need timely access to accurate bottom-line costs for quoting to customers. Relentless rate adjustments are costly for all global shipping industry participants. The established process is a big hurdle to winning business and commercial success.
Eric B. Williams, Vice President, Global Head of Sales & Marketing at UASC, said “Implementation of CargoSphere’s contract and rate management and networking technology is happening faster than I ever could have imagined. In no time, we’re up and running, distributing rates to Dachser, system to system in real-time. I only see positive commercial results coming from CargoSphere’s frictionless rate technology.”
Guenther Laumann, Head of Global Ocean Freight at Dachser, said “We’ve been looking for ways to work with ocean carriers to address the burden of ocean rate complexity and time-consuming updates. In 2014, we implemented CargoSphere’s contract and rate management technology to systematize rate management. It is rewarding to connect our CargoSphere rate technology platform with UASC’s private, neutral CargoSphere application to receive rates in real-time directly into our system. We’re saving processing time and cutting out many steps. If all our carriers were doing this we’d achieve meaningful time and cost savings. The industry is finally reaching a new level of simplified rate distribution that has been a long time coming.”
“We see nothing but huge benefits to the industry from direct rate connections initiating between ocean carriers and their NVO and forwarder customers. UASC’s Eric Williams has a forward-thinking view of technology and the benefits it delivers. We’re pleased to have this strong partnership which is leading the industry to technology that greatly boosts productivity and the opportunity for improved bottom-line results. Changing the status quo is not easy, but in this case, we are achieving extremely positive disruption with more to come,” said Neil Barni, President of CargoSphere.
“Our goal is to lead with an advanced technology infrastructure that adds substantial value for our customers. With CargoSphere, we are eliminating many steps in distributing rate updates which is enabling us to more quickly make rates visible to our customers, which benefits our customers as well as working to our advantage,” said Eric B. Williams, Vice President, Global Head of Sales & Marketing at UASC.
“UASC is in the forefront of carrier technology with their use of CargoSphere’s frictionless rate distribution and management. Receiving accurate, current ocean rates in our database allows us to act on them faster and with more confidence. This is what results in greater customer satisfaction and increases our competitive position in the marketplace at a lower cost,” said Jose Quesada, Vice President, Ocean Services, SEKO Logistics.
“UASC is the first vessel-owning ocean carrier to add the power of CargoSphere’s real-time connectivity to their business. This is the most accurate, efficient way for the industry to distribute frequent pricing updates to customers and it saves time and effort! It is truly a game changer for UASC. With CargoSphere, UASC is eradicating static file contracts, rate sheets and cumbersome management of amendments forever,” said Neil Barni, President of CargoSphere.
United Arab Shipping Company (UASC) is a global shipping company based in the Middle East. Founded in 1976, UASC has more than 185 offices around the world. The company is the largest container shipping line in the Middle East region and adjacent markets, covering over 240 ports and destinations worldwide. UASC offers containerized cargo transportation, temperature controlled (reefer) and out of gauge cargo amongst other value added services to a diversified global client-base.
UASC is currently implementing one of the industry’s largest and most technologically advanced new building programs, consisting of seventeen new vessels; six 18,800 TEU and eleven 15,000 TEU containerships. UASC’s cutting-edge vessel designs have been developed with a focus on cost efficiency and enhanced environmental friendliness. These vessels are the first ultra large containerships in the industry to be delivered ‘LNG ready’, to enable dual fuel (the use of both traditional heavy fuel oil as well as liquefied natural gas or LNG fuel), which is expected to significantly reduce environmental impact and reduce fuel costs.
DACHSER is one of the global leaders in the field of system logistics. Combining its seamless, global transport network with warehousing, customer-specific services and exemplary IT solutions, DACHSER creates the most intelligent combination and integration of logistics network competences worldwide.
DACHSER has a staff of 26,506 employees at 428 locations in 43 countries all over the globe. In 2015, the family-owned logistics service provider handled 78.1 million shipments with a tonnage of 37.3 million tons. Find more info at www.dachser.com
The CargoSphere rate technology platform delivers frictionless rate distribution and networking.
Cloud-based, systematized contract and rate management provides the CargoSphere user community with accurate and collaborative rate distribution, sharing, comparison and quoting, as well as the ability to self-publish FMC tariffs. The CargoSphere Rate Mesh connects shipping partners for seamless, confidential rate collaboration in real-time to simplify rate communication and provide a faster, more effective way to receive and distribute freight rates.
During these competitive times, CargoSphere offers users significant productivity improvements from CargoSphere’s Cloud technology due to increased data accuracy and the ease associated with a systematized database with a single source of truth.
Contact: CKL Communications, Carol Lerner, 973.635.6923, firstname.lastname@example.org