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The Expedia of Freight Shipping

The Expedia of Freight Shipping. Ruth Amaru, VP Product. Agenda. Industries online (but not freight) So what? The barriers The solution. Industries going online. Online freight sales. Buying. a book. online. Buying. a flight. online. Buying. a car. online. Buying. insurance.

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The Expedia of Freight Shipping

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  1. The Expedia of Freight Shipping Ruth Amaru, VP Product

  2. Agenda • Industries online (but not freight) • So what? • The barriers • The solution

  3. Industries going online Online freight sales

  4. Buying a book online

  5. Buying a flight online

  6. Buying a car online

  7. Buying insurance online

  8. Buying freight online

  9. So let’s try offline…

  10. Samplequote

  11. I don’t want that quote when America wakes up! The next generation won’t stand it No, not after the Chinese New Year! It doesn’t matter if Friday is weekend in Dubai! Quote now or I’ll find someone else who will!

  12. Hey, freight. Meet the 21st century.

  13. So what? I have 3PL tendered contracts.Who needs instant spot quotes?

  14. E-commerce – large/int’l shipments

  15. Volatile rates – play market to save money

  16. Flexible supplier base

  17. Flexibility in face of supply chain problems

  18. Shorter product cycles

  19. Mode mix

  20. The expensive 1% By Cost By Volume

  21. Barriers

  22. Complex Routing Dozens of pickup trucking companies XMultiple origin ports X Multiple carriers XVia ports XDestination ports X Dozens of deliver trucking companies X Options for customs, insurance etc. = Millions of possible routes

  23. Lack of standards

  24. Secrecy

  25. The solution

  26. Step 1 - Forwarders Automated Quotation Routing & pricing engine Rate repository Rates

  27. Automating freight at some of the top providers (with a collective revenue of over $30 billion dollars) and others

  28. 3 YEARS

  29. 36 MILLION PRICE POINTS

  30. 2.1 MILLION INSTANT QUOTES

  31. Step 2: Shippers & 3PLs Sourcing E-Commerce Routing & pricing engine Rate repository Market Rates My tenders

  32. Welcome to the future of freight. Download the white paper at: get.freightos.com/3pl-white-paper/ Contact me at: ruth@freightos.com

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