Rate Management – Sea freight

02.03.2021
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Over the past year, we have been working on Automatic Rate Upload (ARU) of shipping line contracts. We can now upload large FAK contracts in 5-10 minutes only, including any surcharges and different formats like Excel or Pdf files. Everything is fully automatic, and we even detect errors, new surcharges, or formats in the Error Report System. 

We all know how challenging the ocean freight market is now. The critical shortage of containers drives up shipping costs, and freight forwarders have been extra busy managing their sea freight in recent months.

CMA CGM's export FAK contract is an excellent example of a contract imported via Automatic Rate Upload. CMA CGM's contract contains over 20 tabs with trade lanes and over 1000 port pairs and different surcharges. Usually, it will take an employee many hours to manually import such a contract into a Rate Management System. In fLex RMS, updating takes between 5 to 10 minutes!

In addition to CMA CMA, we also have an Automatic Rate Upload of FAK contracts from shipping companies such as COSCO, Evergreen, Hapag Lloyd, Maersk, ONE, OOCL and Hamburg Sued. New contracts are continuously added to Automatic Rate Upload, ensuring our customers an advantage when choosing solutions at the right price.

With fLex, we offer the best, fastest, and most accurate rate uploads in the market, helping you differentiate and provide more reliable information to customers/shippers.

Here are some of the reasons for using automatic rate uploads with fLex:

SPOT-rates: More containers are booked to shipping lines on a spot basis, which requires faster rate updates in the Rate Management System (RMS).

Quality: It can take several days for a backup or data entry team to upload contracts in a Rate Management System. Often rates are outdated when they are available, or errors occur in uploading because those who upload overlook surcharges or misunderstand the contracts.

24/7/365: Computers and robots are not on vacation and can handle many more contracts than humans can.

Customer service: Having access to instant and reliable prices will lead to faster quoting and happier customers.

Contact our team if you want to know more about how we work with the automatic import of shipping line contracts.

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