Freight News, Sea

CargoSphere Announces Rate Integration and Single Sign On with CargoWise One

[ March 4, 2019   //   ]

CargoSphere, the neutral rate network for container shipping, recently announced a seamless integration with CargoWise One, WiseTech Global’s flagship product.

WiseTech Global is a leading developer and provider of software solutions to the logistics execution industry globally, whose customers include 12,000 of the world’s logistics companies across 130 countries, including 38 of the top 50 global 3PLs (third party logistics providers) and 25 of the top 25 largest global freight forwarders worldwide. Their powerhouse product, CargoWise One, enables logistics service providers to execute highly complex transactions and to manage their operations on one database across multiple users, functions, countries, languages and currencies.

CargoSphere’s ocean rate ecosystem enables carriers including technology leading carriers Hapag-Lloyd and Maersk to deliver fully digital, automated confidential contract rates and amendments to their customers. This integration gives CargoWise One users access to CargoSphere’s industry-leading rate management functions, to achieve a more seamless transmission of vital pricing and shipping data and enhance the user’s experience.

With rate integration and single sign-on to CargoSphere’s rate technology platform, users are given immediate access to standard and confidential contracts, rate searches, and the ability to quote and operationalize rates faster than ever.

True digital rate connectivity from both CargoWise One and CargoSphere makes the management and distribution of rates much quicker, more accurate and removing the laborious and often error-laden process of manually rekeying, updating, and cross-checking carrier contract rates. In addition, users benefit from accuracy, time and cost savings, improved data quality, online access to timely rates for better decision making, faster reconciliation of invoices and faster quoting to customers.

WiseTech Global CEO, Richard White, said, “We are focused on improving productivity, quality, speed, visibility and manageability in the logistics industry and replacing the mountain of paper and e-paper that drives the legacy supply chain with clean, structured datasets that will flow seamlessly between the carriers and their customers. This Integration is another step towards enhancing the rate management capabilities within CargoWise One, increasing efficiency, accuracy and workflow for the logistics industry, while our innovation strength and development capacity will further accelerate multi-modal rate management developments.”

Neil Barni, Managing Director of CargoSphere, said, “We have entered an exciting era of innovation in which structured data feeds from carriers are replacing decades of manual rekeying of emails with PDF or Excel attachments as the primary system of transmission of confidential contracts and rate sheets. CargoWise One customers now have an opportunity to directly access CargoSphere and our neutral rate network to gain meaningful operational benefits through a best-in-breed systems integration and total product solution.”