Page 24: of Maritime Reporter Magazine (May 2019)

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INSIGHTS: LOGISTICS experience, while remembering that as a two-sided “We’re continuing to make headway on creating a Improving global digital infrastructure marketplace, we also need to provide an outstanding, better shipment management experience, with more Schrieber stated that Freightos is working on improv- secure environment for our sellers. direct integrations into seller TMS systems and other ing its underlying global digital infrastructure. “While data resources, facilitating better proactive we’ve already automated freight pricing and sales for exception management and user life cycle op- over 1,200 logistics providers globally, this internal erations.” automation must be augmented with increased agility.

Schreiber also knows that reliability is also Nearly every major global industry leverages dynamic a key parameter when selecting providers. He pricing based on real-time metrics to make smarter, au- adds, “As we increase the number and qual- tomated decisions.” ity of the Freightos sellers, we are also put- To that end, Freightos, in partnership with the Baltic ting systems in place to track reliability and Exchange, provides indexes of container shipping pric- customer service levels, and then feed those es, the Freightos Baltic Index (FBX). “We are working back into rate selection. Expanding the types on a number of solutions, including derivatives, to help of sellers on the marketplace to include even reduce pricing risks and improve stability. This isn’t more carriers, as well as ancillary services that just talk either; we’re in the process of exploring imple- drive value for importers in a one-stop plat- mentation with major multinational corporations,” he form is also an exciting direction that we’re concluded.


Source: CMA CGM 24 Maritime Reporter & Engineering News • MAY 2019

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First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.