Partnering with Xeneta
For years, Noatum Logistics has heavily utilized Xeneta to navigate the continuously disrupted ocean freight market. With Xeneta’s robust freight rate data, Noatum benchmarks their long-term contracts against the market—optimizing their spend, remaining competitive on their main routes, and ensuring trust lies at the heart of their relationships with customers.
Outcomes & Results
Freight Management
With freight rate analytics backed by real-time data, Noatum Logistics’ procurement teams have a clear view of their dynamic position in the market and can compare to their peers and competitors. Digging deeper into this data, they can see which trade lanes they have a strong position (where investment should be increased) and which show a less competitive stance (where a shift in strategy may be needed or money is being left on the table), as well as how this position is evolving over time. Identifying these types of cost saving opportunities has been a huge source of ROI for Noatum Logisitcs.
By downloading and sharing this data internally, Noatum Logistics remains aligned across several departments and can evaluate and optimize their greater business performance. The company’s Global Procurement, Pricing, Commercial Office and Business Analytics departments all rely on Xeneta.
In conjunction with Xeneta’s freight rate data, Noatum relies on customer-exclusive content such as reports on global freight rate trends, a Detention & Demurrage report, and webinars identifying the opportunities and risks of market changes to reinforce a core pillar of their business—ensuring their customers’ cargo arrives safely and on time to its destination.
