United Arab Shipping Company and its customer SEKO Logistics have implemented CargoSphere’s cloud-based technology to speed up the distribution of Asia-Europe rates.

“Our goal is to lead with an advanced technology infrastructure that adds substantial value for our customers,” said Eric Williams, vice president and global head of sales and marketing at UASC. “With CargoSphere, we are eliminating many steps in distributing rate updates which is enabling us to more quickly make rates visible to our customers, which benefits our customers as well as working to our advantage.”

According to CargoSphere, the ongoing and increasing rate volatility causes carriers to lose business because of pricing distribution delays and time-consuming, non-stop management of rate updates by logistics service providers.

“UASC is the first vessel-owning ocean carrier to add the power of CargoSphere’s real-time connectivity to their business,” said Neil Barni, president of CargoSphere. “This is the most accurate, efficient way for the industry to distribute frequent pricing updates to customers and it saves time and effort!  It is truly a game changer for UASC. With CargoSphere, UASC is eradicating static file contracts, rate sheets and cumbersome management of amendments forever.”