The Expedia of Freight Shipping
Ruth Amaru, VP Product
Agenda
• Industries online (but not freight)
• So what?
• The barriers
• The solution
Online freight sales
Industries going online
Buying onlinea book
Buying onlinea flight
Buying onlinea car
Buying onlineinsurance
Buying onlinefreight
So let’s try offline…
Samplequote
I don’t want that quote when America wakes up!
No, not after the Chinese New Year!
It doesn’t matter if Friday is weekend in Dubai!
Quote now or I’ll find someone else who will!
The next generation won’t stand it
Hey, freight.
Meet the 21st century.
So what?I have 3PL tendered contracts.
Who needs instant spot quotes?
E-commerce – large/int’l shipments
Volatile rates – play market to save money
Flexible supplier base
Flexibility in face of supply chain problems
Shorter product cycles
Mode mix
The expensive 1%
Spot Tender Spot Tender
By Volume By Cost
Barriers
Complex Routing
Dozens of pickup trucking companies X Multiple origin ports X Multiple
carriers X Via ports X Destination ports X Dozens of deliver trucking
companies X Options for customs, insurance etc.
=Millions of possible routes
Lack of standards
Secrecy
The solution
Step 1 - Forwarders
Rate repository
Routing & pricing engine
Rates
Automated Quotation
Automating freight at some of the top providers(with a collective revenue of over $30 billion dollars)
and others
3 YEARS
36 MILLIONPRICE POINTS
2.1 MILLION INSTANT QUOTES
Step 2: Shippers & 3PLs
My tenders
Rate repository
Routing & pricing engine
Market Rates
Sourcing E-Commerce
Welcome to the future of freight.
Download the white paper at:get.freightos.com/3pl-white-paper/
Contact me at: [email protected]