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Kuehne + Nagel boosts freight rate management via CargoSphere's software

KUEHNE + NAGEL has signed up to implement CargoSphere's cloud-based Rate Technology Platform across its entire organisation, in a move designed to gain faster access to accurate and current rates for quoting to customers.

As part of Kuehne + Nagel's digital solution to bring greater value to its customers, it adds CargoSphere for advancing its digital model for sea freight services, including moving to direct carrier rate connections in the CargoSphere Rate Mesh, a statement said.



An important aspect of the freight forwarder's digital transformation in managing sea freight rates is the ability to receive ocean freight rates and subsequent rate updates directly from ocean carriers for an immediate upload into its centralised rate base in the CargoSphere cloud.



"CargoSphere's innovative approach to freight rate management is an important component of our digital evolution. We share a common vision with CargoSphere that encompasses using technology to improve the time-consuming, inefficient aspects of sea freight rate management," said senior vice president, Thorsten Meincke, global sea freight at Kuehne + Nagel. 



"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."
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