Xeneta is a freight market intelligence solution that gives procurement and logistic teams a complete, independent view of ocean and air freight covering rate benchmarks, market trends, and service reliability in one place. On freight rates, it aggregates real contracted and spot data from thousands of global shippers and forwarders, so you always know whether the rates you secured are competitive. On service, Xeneta Ocean Schedules uses AIS vessel tracking and structural carrier schedules to measure how services actually perform reliability rates, blank sailings, announced versus actual transit times, and port call consistency so procurement awards contracts operations can execute, and logistics teams stop discovering delays after it is too late. Together, these capabilities let teams shift from reactive contract management to a proactive, data-driven freight strategy.

Most procurement teams believe their rates are competitive after running an RFQ, but tenders only show what carriers were willing to bid, not what they charge others. Xeneta benchmarks your contracted rates against a continuously updated dataset of actual rates paid by 700+ global shippers. You can instantly see whether you are above market, in line, or below market on any trade lane and use that evidence to challenge carriers with data, not guesswork. As one customer put it: 'We know for a fact that we're being overcharged. It's just that we can't prove it.' Xeneta gives you the proof.

Competitive bidding creates pressure, but it doesn't guarantee market-aligned rates. Without an independent benchmark, there's no way to distinguish a genuinely competitive bid from one that is still significantly above market. Xeneta customers consistently find gaps between their tendered rates and the live market, even after running RFQs. It's why some of the biggest companies in the world use us. Head over to Our Customers to learn more.

What makes Xeneta different from simply pointing to a broad market index is the granularity. Xeneta is an index, but one built from real contracted rates at the lane level, meaning procurement teams know exactly where they stand on a specific port pair rather than relying on a trade corridor average that may bear little resemblance to what's actually achievable on their routes. That clarity is what allows teams to set credible rate targets, evaluate bids with confidence, and have more informed conversations with carriers, without needing to argue about whether the market reference is relevant to their situation.

Finance and senior leadership increasingly scrutinize logistics costs, and procurement teams need more than internal savings claims to win credibility. Xeneta provides independent, third-party benchmark data that lets you show exactly how your contracted rates compare to the broader market. Whether you are reporting to a CPO, CFO, or supply chain board, Xeneta gives you quantified evidence of performance. For example, demonstrating that your team achieved rates 8% below market average, or that a recent tender saved a validated $2M versus market pricing. This turns procurement from a cost centre narrative into a demonstrable strategic value story. Learn more about how to get Finance to support your freight decisions, understand your CFO’s perspective and work collaboratively to achieve buy-in for your contracts.

Most teams see immediate value within the first negotiation cycle. By uploading contracted rates and comparing them against Xeneta's market benchmarks, procurement teams quickly identify lanes where they're overpaying and gain specific, data-backed leverage to renegotiate. Customers have reported using Xeneta data in active carrier discussions within days of onboarding, and typically recover the platform cost within a single tender cycle.

The results from Xeneta's Tender Experience customers during the 2025-2026 ocean tender season illustrate what's achievable when data-driven decisions are combined with expert guidance. On average, rate performance improved by 18 percentage points from first bids to final nominations, with rates ending 23% below the long-term market benchmark. Ocean spend fell by an average of 25% from Round 1 to final nominations, representing approximately $37M in savings across the customer base. Notably, mid-sized shippers with the right strategy matched the performance of large shippers, demonstrating that volume alone doesn't determine outcomes when procurement teams have the right market intelligence behind them.

For teams managing multi-million dollar freight budgets, the compounding effect of round-by-round improvement is where the real value accumulates. Explore our customers to learn more about the results companies are achieving with Xeneta.

Most procurement teams already use some form of market data, whether that's an internal model, indices, consultative services or carrier-provided intelligence. The question is what those tools actually show. Broad indices tell you the direction the market is moving; they don't tell you what shippers with comparable volumes are paying on your specific lanes right now. Xeneta's granular, lane-level contracted rate data fills that gap and it's typically where the incremental value shows up. Teams who run a benchmark exercise against their current contracts consistently find lanes where their existing data sources showed them as competitive, but Xeneta's contracted rate benchmarks revealed meaningful overpayment. If you want proof of this, talk to our team and they can provide you a free analysis comparing you against the market average for shippers in your industry with similar volumes.