Steam Logistics Adopts CargoSphere Rate System

Nov 5, 2013

Chapel Hill, North Carolina, November 5, 2013 – CargoSphere, the leading, cloud-based global rate management solution and confidential Rate Mesh network for the ocean and air transportation and logistics industries, today announces Steam Logistics’  rapid implementation of the CargoSphere system and ROI (return on investment).  Within 3 months, Steam Logistics’ Pricing Team was sending out all quotes, for all transportation modes, and achieving a 20% quote conversion rate.  Using CargoSphere’s real-time reports, Steam tracked quote conversions to determine the significant ROI impact of the CargoSphere system on their business.  Steam Logistics is a global logistics service provider providing ocean and air freight transportation services, forwarding, and customs house brokerage.  It is an affiliate of Access America Transport, a third party logistics provider.

“As a new member of the NCBFAASA (The National Customs Brokers & Forwarders Association of America-Shipper’s Association, Inc.), Steam moved quickly to implement CargoSphere’s rate management and networking solution to receive confidential rates directly from us. NCBFAASA members have been using CargoSphere for more than 10 years with great success,” said, Debbie Crowe, Manager of Member Services, NCBFAASA, Inc.  “We are delighted Steam Logistics is using the CargoSphere Rate Mesh, our network of choice, and benefitting from our longstanding relationship and excellent reputation with the carrier community.”

Steve Smith, Vice President, Customs Brokerage, Steam Logistics, said, “Implementation of the CargoSphere system was so easy, anyone could do it.  We are already seeing high-value from using CargoSphere.  Each month we increase the number of professional, branded quotes sent out, and as we do we’re seeing a greater return on our investment using CargoSphere.  I am especially pleased with the professionalism of these quotes and their interactive capability which streamlines communication and processing.”

“Steam’s team was well-organized and knew what they wanted to achieve which helped expedite implementation of the CargoSphere system.  We are pleased their sales funnel is robust and they’re realizing the pricing visibility they desired,” noted Neil Barni, President of CargoSphere.

About Steam Logistics

Steam Logistics delivers global logistics services including: ocean and air freight transportation, forwarding, and customs house brokerage combined with the latest technology solutions.  Steam is committed to seamlessly connecting its operational network with customers and vendors to seamlessly and efficiently manage freight transactions.  By reducing the challenges of international logistics, Steam Logistics enables customers to perform their essential freight and logistics duties, and achieve their goals, as effortlessly as possible.  To learn more, visit:  www.steamlogistics.com

About NCBFAASA

NCBFAASA, a not-for-profit association formed from the prestigious National Customs Brokers and Forwarders Association of America, is a source of information and resources, and acts as a liaison between members and all program contacts.   Using the combined leverage of our members, we have developed ocean contracts and value added services to all major global trade lanes with a wide range of carriers.

NCBFAASA uses CargoSphere exclusively to provide members with an innovative method to search carrier contract rates and request special bullet rates when competitive situations exist.  To learn more, visit:  www.ncbfaasa.org 

About CargoSphere

Established in 1999, CargoSphere powers the industry’s first cloud-based, confidential global rate management solution and Rate Mesh Network with over 100 million ocean and air rate connections worldwide.  CargoSphere allows each of its global clients including NVOCCs, freight forwarders, asset based carriers and BCO (beneficial cargo owner) shippers to manage confidential rates and create a private network of trusted parties.

The CargoSphere platform is a pioneering rate technology solution that merges multimodal freight rate management with functionality that enables multiple uses of these rates including: rate quoting, negotiating, sharing, and booking containerized freight across the CargoSphere Rate Network.  The Network seamlessly connects global supply chain trading partners allowing them to effectively integrate and simplify rate communication.  It reduces the significant complexity and time-consuming task of managing, sharing and distributing freight rates.

CargoSphere synthesizes rate management, rate negotiations (bidding), and quoting into one continuous process. This holistic approach enables the shipping industry to become more efficient, responsive and collaborative than ever before.

To learn more, visit: www.cargosphere.com

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