Planning (APS)

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UASC Expands CargoSphere Cloud Rate Distribution with Dachser

UASC Expands CargoSphere Cloud Rate Distribution with Dachser
Cargo Sphere, provider of frictionless rate distribution and cloud-based global freight rate management, has said that UASC, a leading global ocean carrier, has quickly implemented its second CargoSphere Rate-Mesh connection with Dachser Logistics, a global third party logistics service provider (LSP). 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. Initially, Dachser is receiving Asia-Europe freight rates and Asia-Mediterranean rates are coming soon.

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. The established process is a big hurdle to winning business and commercial success.