Maersk Line, the world’s largest container shipping company, is now using CargoSphere’s platform for digital, fully automated distribution of its contract rates and amendments.
Maersk is digitally distributing its rates to shipper, freight forwarder and non-vessel-operating common carrier (NVOCC) customers using CargoSphere’s electronic Smart Upload and Diagnostics Solution (eSUDS) and CargoSphere Rate Mesh.
Benefits for customers include time and cost savings, improved data accuracy, online access to timely rates, faster reconciliation of invoices and quicker quoting to customers for freight forwarders and NVOCCs, CargoSphere said.
“This move is part of the Maersk Line digital transformation and helps us to offer advanced, industry-leading digital solutions that improve the customer experience,” said Carsten Frank Olsen, senior director and global head of e-commerce at Maersk Line. “Our customers require a faster and simpler way to manage freight rates, and CargoSphere is delivering the advanced technology to achieve this.”
CargoSphere announced in March that it had begun providing a direct data feed of global ocean rates and tariffs from Hapag-Lloyd to its customers.
CargoSphere is one of the pioneers of browser-based international freight rate and contract management tools. The North Carolina-based company was founded in 1999 by current managing director Neil Barni and was acquired in 2017 by WiseTech Global, a freight forwarding software provider headquartered in Australia.