CUSTOMER STORY
Nouryon
The Challenge
- Disparate container volumes across various trade lanes with zero visibility into their spend.
- Inability to obtain on-demand and updated data needed to increase negotiation power with suppliers.
Solution | Outcome
74% trade lanes with benchmarking rate data
Better visibility into the health of the historical and current market rates
Actionable target rates to drive negotiations
Savings potential identified during high market fluctuation period
Stayed on top of the market - Confirmation of good rate performance regardless of market disruption
About Nouryon
Nouryon, formed in October 2018 after separating from AkzoNobel, is a global, specialty chemicals company headquartered in the Netherlands. They ship a wide array of polymers, inorganic and organic chemical products in over 80 countries, with an annual container usage of 55,000+ TEUs on approx. 6,000 shipping lanes.
Instant visibility into 450M+ ocean & air freight rates
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