Maersk Line goes live with CargoSphere Digital Rate Distribution

CargoSphere, the neutral rate network for container shipping, today announced that Maersk Line has gone live with digital, fully-automated distribution of its contract rates and amendments.

Benefits to customers of 100% digital rate distribution include time and cost savings, improved data accuracy, online access to timely rates for better decision making, faster reconciliation of invoices and faster quoting to customers for freight forwarders and NVOCCs.

Liezel du Toit, Senior Director, Senior Product Owner – Price to Contract, Maersk Line, said: “We are very excited that our collaboration with CargoSphere has allowed us to take this important step in making it easier for our customers. Our customers should be spending time on their business, not on updating our rates in their systems.”

Neil Barni, Managing Director of CargoSphere: “Digital ocean rate distribution removes many of the manual processes that have acted as a drag on rates management for many years and I am thrilled to see our long-term vision coming to fruition. Having Maersk Line go live on the CargoSphere platform is a big signal of its intent to transform its own key processes and the industry solutions it takes to market. This is a win for productivity and the customer experience.”

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