The Expedia of Freight Shipping Ruth Amaru, VP Product.

The Expedia of Freight Shipping

Ruth Amaru, VP Product

Agenda

• Industries online (but not freight)

• So what?

• The barriers

• The solution

Online freight sales

Industries going online

Buying onlinea book

Buying onlinea flight

Buying onlinea car

Buying onlineinsurance

Buying onlinefreight

So let’s try offline…

Samplequote

I don’t want that quote when America wakes up!

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!

The next generation won’t stand it

Hey, freight.

Meet the 21st century.

So what?I have 3PL tendered contracts.

Who needs instant spot quotes?

E-commerce – large/int’l shipments

Volatile rates – play market to save money

Flexible supplier base

Flexibility in face of supply chain problems

Shorter product cycles

Mode mix

The expensive 1%

Spot Tender Spot Tender

By Volume By Cost

Barriers

Complex Routing

Dozens of pickup trucking companies X Multiple origin ports X Multiple

carriers X Via ports X Destination ports X Dozens of deliver trucking

companies X Options for customs, insurance etc.

=Millions of possible routes

Lack of standards

Secrecy

The solution

Step 1 - Forwarders

Rate repository

Routing & pricing engine

Rates

Automated Quotation

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

and others

3 YEARS

36 MILLIONPRICE POINTS

2.1 MILLION INSTANT QUOTES

Step 2: Shippers & 3PLs

My tenders

Rate repository

Routing & pricing engine

Market Rates

Sourcing E-Commerce

Welcome to the future of freight.

Download the white paper at:get.freightos.com/3pl-white-paper/

Contact me at: [email protected]