SOURCE: CargoSphere

CargoSphere

October 01, 2013 09:34 ET

CargoSphere Replaces Costly Outsourced Freight Rate Management and FMC Tariff Filing

NNR Global Logistics USA Inc. Adopts CargoSphere Rate Management and Networking for Greater Control, Cost Savings and Connected Network Collaboration

CHAPEL HILL, NC--(Marketwired - Oct 1, 2013) - CargoSphere, the leading, cloud-based global rate management solution and confidential rate mesh network for the ocean and air transportation and logistics industries, today announces that NNR Global Logistics USA Inc. (NNR USA) has taken freight rate management and networking in-house with the full implementation of the CargoSphere solution. Previously, NNR USA outsourced rate management and FMC tariff filings to third party vendors. With CargoSphere they are handling both functions internally at a lower cost and with greater operational control. Established over 100 years ago, NNR USA's parent company in Japan, NNR Global Logistics, is a global freight forwarding and logistics company with a global service network including 380 offices in the Americas, Greater Europe, Middle East, Africa, and Asia/Pacific.

NNR USA is currently managing nine ocean contracts using CargoSphere's SUDS (Smart Upload and Diagnostic Solution), and plans to add air freight contracts Q1 2014. They currently receive 47,700 ocean and air freight rates from seven sources via the CargoSphere Rate Mesh Network. The Network is designed to easily expand as agent partners sign on to CargoSphere's Mesh.

Kevin Krause, National Ocean Development Manager at NNR USA, says, "Outsourcing rate management and FMC Tariff filings was costly. By bringing both functions in-house using CargoSphere, NNR USA is saving money, has more control, and is able to effectively share rates with trading partners across CargoSphere's connected Rate Mesh Network, as well as send quotes to customers." Krause has been a proponent and supporter of the CargoSphere product for many years. According to Krause, "It's an easy decision to bring CargoSphere to a new company based on the success I've had in the past. I'm especially keen on CargoSphere's ability to accelerate collaboration with our global agent partners in the Cloud in real-time."

"We have a great supporter in Kevin Krause. Early on, he understood the value of automating rate management within a company's four walls to improve operational control and pricing accuracy, as well as improve service to customers," said Neil Barni, President, CargoSphere. "With our Mesh Network, NNR USA achieves a new level of 24/7 collaboration with agent and neutral NVO partners that differentiates the services they deliver to their customers."

About NNR Global Logistics
NNR Global Logistics, NNR USA's parent company, is part of the Nishitetsu Group which has been serving transportation consumers for over 100 years with international freight forwarding services including: ocean, air, inland transportation, and customs brokerage. NNR's unique blend of global infrastructure and personalized service has been acclaimed by customers all over the world.

To learn more, visit: www.nnrglobal.com

About CargoSphere

Established in 1999, CargoSphere powers the industry's first cloud-based, confidential global rate management solution and Rate Mesh Network with over 100 million ocean and air rate connections worldwide. CargoSphere allows each of its global clients including NVOCCs, freight forwarders, asset based carriers and BCO (beneficial cargo owner) shippers to manage confidential rates and create a private network of trusted parties.

The CargoSphere platform is a pioneering rate technology solution that merges multimodal freight rate management with functionality that enables multiple uses of these rates including: rate quoting, negotiating, sharing, and booking containerized freight across the CargoSphere Rate Network. The Network seamlessly connects global supply chain trading partners allowing them to effectively integrate and simplify rate communication. It reduces the significant complexity and time-consuming task of managing, sharing and distributing freight rates.

CargoSphere synthesizes rate management, rate negotiations (bidding), and quoting into one continuous process. This holistic approach enables the shipping industry to become more efficient, responsive and collaborative than ever before.

To learn more, visit: www.cargosphere.com

Contact Information

  • Contact:
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    Carol Lerner
    973.635.6923
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