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Published byCamron Wheeler Modified over 9 years ago
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The Expedia of Freight Shipping Ruth Amaru, VP Product
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Agenda Industries online (but not freight) So what? The barriers The solution
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Online freight sales Industries going online
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Buyingonline a book
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Buyingonline a flight
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Buyingonline a car
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Buyingonline insurance
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Buyingonline freight
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So let’s try offline…
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Sample quote
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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
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Hey, freight. Meet the 21 st century.
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So what? I have 3PL tendered contracts. Who needs instant spot quotes?
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E-commerce – large/int’l shipments
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Volatile rates – play market to save money
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Flexible supplier base
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Flexibility in face of supply chain problems
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Shorter product cycles
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Mode mix
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Who cares most? Low value goods Dynamic supply chains International e-commerce (larger goods)
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The expensive 1% By Volume By Cost
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Barriers
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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
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Lack of standards
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Secrecy
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The solution
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Step 1 - Forwarders Rate repository Routing & pricing engine Rates Automated Quotation
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Automating freight at some of the top providers (with a collective revenue of over $30 billion dollars) and others
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3 YEARS
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36 MILLION PRICE POINTS
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2.1 MILLION INSTANT QUOTES
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Step 2: Shippers & 3PLs My tenders Rate repository Routing & pricing engine Market Rates SourcingE-Commerce
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Welcome to the future of freight. Download the white paper at: get.freightos.com/3pl-white-paper/ Contact me at: ruth@freightos.com
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