Inaccuracy and un-reliability were the two significant challenges that are being solved by Freightwalla while providing end-to-end supply chain services to the larger EXIM fraternity. It will give access to spot rates 24/7, provide accurate information, and give assurance of loading on the allocated vessel. The spot rate integration with Freightwalla will allow shippers to search, secure competitive rates, and book container space instantly online, making it more reliable.
Speaking on the occasion, Punit Java, Co-Founder & CTO Freightwalla said, “The conventional booking process involved multiple steps with no guarantee of loading. Maersk’s Spot rate integration enables our customers to see instant rates and see real-time availability of equipment, space, and surety of loading for their shipments. Given the challenges in today’s market with space, customers have a definitive advantage in their logistics planning. It will simplify the overall booking experience of exporters or importers.”
Maersk introduced spot rates to reduce overbooking cycles while also providing a price and cargo loading assurance.
(Representational image used)