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Why Do Companies Use Xeneta?

  • Monitoring

    • Full overview of historical and current ocean freight rate market trends
    • Risk assessment
  • Procurement

    • Preparation for tender/bidding (RFQ)
    • Benchmarking of bids
    • Data-driven negotiation
    • Ad-hoc rate request
    • Target setting
  • Reporting

    • Budget future freight costs
    • Set competitive goals
    • Justify budget increases

Steer Your Container Rate Negotiations Accurately

The container shipping market is complex and suffering from constant volatility. At the same time, as a shipper/BCO you spend too much time on RFQs and rate calculations during your negotiation periods. You struggle to set accurate targets due to a lack of a neutral market benchmarking data source.

Xeneta gives you a realistic picture of the market in real time and on demand. Your target setting is more accurate. You can show your results to management comparing your rates to the current market movements not only to your previous rates.

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Stay on Top of the Market and Get Full Visibility

You are faced with ocean container shipping rates that move quickly and unexpectedly. It's a challenge to know where the container market stands right when you need to know. Trusted rate data sources and data quality is scarce leaving you in the dark to find credible ocean freight rate intelligence. 

With over 75 million spot and long-term contracted rates, Xeneta gives you the digital data intelligence to always know what are the current container rates. Its simple yet powerful user interface offers market rate data on over 160,000 port-port pairs instantly.

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Whitepaper

Data Enables Real-Time Decisions to Keep the Shipping and Logistics Pipeline Flowing

In order to get the most value out of big data in the shipping and logistics industry, a company needs to determine what they want to do: Reduce costs? Increase revenue? Optimize transit times? These are all serious strategic issues for shippers, freight forwarders and carriers, whose implementation, or not, affects profitability on every trade.

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Reference Story

Electrolux Uses Xeneta to Gain Full Ocean Freight Rate Transparency

Electrolux, a global manufacturer of home appliances has increased their global shipping containers twenty-fold from approximately 8,000+ containers per year to close to 180,000. Find out how they use Xeneta to model on “what if” scenarios to better understand their potential savings and confirm the competitiveness of their container rates. Get the reference story.

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Freight Spend Analysis

Seeing is believing. Find out how your rates compare to the current ocean freight market. Our experts will demonstrate the Xeneta platform in real time and visualize the current rates for the trade routes that matter to you. A freight spend analysis is performed by our team of industry and data experts where you can see the value Xeneta can bring to your overall ocean freight strategy.

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