Market intelligence gives Continental a critical business advantage. We use Xeneta rates as the benchmark to offered rates in our tender. The team checks to see if the rates they are negotiating are according to the market level and optimal for Continental. The data is used as a tool to evaluate our supply chain performance and improve internal processes.
TGP was working on a tender for a 1,500 TEU project that required shipments from the Middle East to the US Gulf. With the use of Xeneta's data and market intelligence, TGP was able to save tens of thousands on this single project. Xeneta gives us the confidence in conversations with carriers when talking about rates.