Kuehne + Nagel will implement Cargosphere’s Rate Technology Platform to bring greater value to its sea freight customers.

According to Cargosphere, the digital solution will enable Kuehne + Nagel to receive ocean freight rates and rate updates directly from the carriers. This information is then uploaded onto a centralized rate base in the Cargosphere cloud.

“We’re thrilled to support Kuehne + Nagel’s digital evolution and are looking forward to a strong collaborative partnership that champions Kuehne + Nagel’s digital readiness,” said Neil Barni, president of CargoSphere.

Thorsten Meincke, senior vice president of global sea freight at Kuehne + Nagel, said that the platform offers a new and fresh way to approach longstanding rate practices.

“By further enhancing our sea freight operations with CargoSphere we will achieve a faster, better process for managing sea freight rates and better data quality” he said. “Through this we can bring even greater value to our customers.”