The line will allow Dachser to provide real-time rates to its shipper customers through CargoSphere’s Rate Mesh network.
The freight rate and contract management software provider CargoSphere on Tuesday announced its second major direct connection between ocean carrier UASC and a freight forwarder.
This integration allows UASC to provide real-time rates to its shipper customers through CargoSphere’s Rate Mesh network. The software company announced a similar connection between UASC and SEKO Logistics in late April.
“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,” CargoSphere said.
“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.”
Initially, Dachser will receive Asia-North Europe freight rates, with Asia-Mediterranean rates coming soon.
“We’ve been looking for ways to work with ocean carriers to address the burden of ocean rate complexity and time-consuming updates,” said Guenther Laumann, head of global ocean freight at Dachser, which implemented CargoSphere’s contract and rate management technology in 2014 to systematize rate management.
“We’re saving processing time and cutting out many steps (by integrating UASC’s rates directly). 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.”
Eric B. Williams, vice president, global head of sales and marketing at UASC, said implementation of CargoSphere’s contract and rate management and networking technology “is happening faster than I ever could have imagined.”
CargoSphere President Neil Barni said Williams’ “forward-thinking view of technology” has allowed CargoSphere to demonstrate the power of direct rate connections between ocean carriers and their NVO and forwarder customers.
“Changing the status quo is not easy, but in this case, we are achieving extremely positive disruption with more to come,” he said.
Correction: A previous version of this story misspelled Dachser.
CargoSphere adds another UASC rate integration with Dachser
