The customer-facing solutions give COSCO documentation and visibility tools for its customers to manage their shipments online, while the carrier operations solutions help the company to optimize their vessel operations using predictive analytics from CargoSmart’s global vessel and route data to improve planning, marine operations, and cost savings.
COSCO will be using CargoSmart’s private label solution for ocean carriers for its public website. The enhanced website will give COSCO’s customers an integrated process flow for online booking requests and shipping instructions, cargo tracking, exception management, reports, document sharing, and customer support chat.
COSCO is also subscribing to carrier operations solutions that use CargoSmart’s Global Vessel Voyage Monitoring Center (GVVMC). CargoSmart monitors sea traffic metrics, covering 90 perent of the world’s ocean container traffic.
The company previously used CargoSmart’s Integrated Regional Information System-2 (IRIS-2) as its operational backbone system.
It’s not immediately clear how a potential merger between COSCO and fellow state-owned ocean carrier China Shipping would impact COSCO’s use of CargoSmart’s systems. The two lines indicated in December that they would be focused on systems and business process integration in early 2016.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
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Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now