Get new rates from your logistics providers with our SHIPSTA Spot Module! Transparent, digital and efficient!
Fluctuating freight rates in uncertain times
In times of corona employees work in home office (if possible), cinemas are closed and quarantine in some areas are the order of the day at the moment. When normality will return is still uncertain. Nevertheless, life goes on: The companies continue to operate as far as possible, but global supply chains have never been subjected to such a stress test as is currently being experienced by the Coronavirus COVID-19.
Freight forwarders can’t keep agreed freight rates
Due to this uncertain situation a peak season surcharge for ocean freight was introduced on March 1st. The amount of the surcharge varies depending on the carrier and applies to shipments to and from the Middle and Far East, Australia, New Zealand and the Indian subcontinent. Also other Modes of Transport such as Road and Air have fluctuate due to changing capacities.
This leads to the situation that agreed freight rates that have been put out to tender on a long-term basis can’t be adhered to by the forwarders.
Start your Spot Request with SHIPSTA and save a lot of time
If your carriers are not able to keep the agreed freight rates, it may be worthwhile to check with other carriers again and compare their rates. This is usually a time-consuming process, as many telephone calls must be made (see left side). With SHIPSTA you can start spot requests for all modes of transport digitally on one web-based platform (see right side). Instead of calling each carrier individually to ask for a price, you create a digital spot request on our platform which is automatically sent to your invited carriers. You can get easily the best possible price for your planned shipments, whether Ocean, Road or Air.
Digital, transparent and efficient!
SHIPSTA powers smart logistics procurement with a digital platform that connects shippers and carriers to ensure a frictionless procurement process for spot and contract buying, entirely online. It automates complex tasks, provides unrivalled visibility and supports fast data-driven decision-making. Designed and built by experts in logistics procurement, it is bringing transparency, automation and efficiency to the global logistics industry. It is used by some of the world’s largest companies to respond to market volatility, control freight costs and manage risk. The company was founded in 2015 and is based in Mertert, Luxembourg and Hamburg, Germany.