The partnership will give shippers a one-stop site where they can procure rates and manage their ocean shipments. They will use Logistics.com’s “OptiBid Lane” procurement software and CargoSmart’s online sailing schedules, instant booking confirmations, cargo tracking and tracing, shipment milestone notification and relationship manager functionalities.
Joseph O’Brien, marketing director of CargoSmart, said the two companies will share customers. Instead of developing a rate tender application in-house, CargoSmart has decided to turn to Logistics.com’s, he said.
“CargoSmart will handle the shipment execution end (of shipping transactions),” O’Brien told American Shipper.
Logistics.com’s system will provide an automated system to compare and collect rates for global bids from multiple ocean carriers. It will also optimize the data selection, using standardized calculations.
Engelhard Corp. is the alliance’s first customer. The Iselin, N.J.-based materials producer, a Fortune 500 company, is using Logistics.com’s OptiBid Lane and associated services to secure its 2002 global ocean tender.
“We chose Logistics.com to handle our 2002 ocean tender based on its procurement process value-added services,” said Jodi Strassberg, import/export manager of Engelhard. She said she finds the Carrier Routing Guide service valuable. The Routing Guide helps shippers effectively nominate and manage their ocean carriers by port pairs, equipment type, rates and carrier capacity.
“Partnering with CargoSmart and serving Engelhard demonstrates our commitment to robust multimodal functionality, for ocean shippers in this case,” explained Joe Wagner, senior vice president of global sales and marketing for Logistics.com.
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.
F3 Awards Dinner
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.
F3: Future of Freight Festival
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