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

Buyingonline a book

Buyingonline a flight

Buyingonline a car

Buyingonline insurance

Buyingonline freight

So let’s try offline…

Sample quote

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 21 st 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

Who cares most? Low value goods Dynamic supply chains International e-commerce (larger goods)

The expensive 1% 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 MILLION PRICE POINTS

2.1 MILLION INSTANT QUOTES

Step 2: Shippers & 3PLs My tenders Rate repository Routing & pricing engine Market Rates SourcingE-Commerce

Welcome to the future of freight. Download the white paper at: get.freightos.com/3pl-white-paper/ Contact me at: