The move is intended to further improve customers’ ability to evaluate container freight and optimize supply chains in the future.
“Transparency in freight rates, managing contracts and suppliers, and minimizing the risk of delivery delays have always been a challenge for those responsible for shipping goods efficiently around the world,” Xeneta explained in a statement. “Recent trade tariffs, wars and geopolitical changes are forcing freight forwarders to adapt their trade patterns: empty runs, congestion and increased transshipment lead to cost volatility and additional delivery issues for shippers.”
The integration of eeSea enables the company to supplement its own expertise with existing freight rate data as well as global schedule, transit and reliability data. Regardless of market conditions, customers should therefore receive “the right service at the right price”.
“Today marks an important milestone for Xeneta,” said CEO Patrik Bergeland “Joining forces with eeSea and combining our data and expertise supports our joint mission to create transparency and efficiency in the ocean freight trade. Our combined data sources and range of data will provide customers with more robust information to control their freight costs and ensure delivery reliability.”
Simon Sundboell, founder and CEO of eeSea, added: “I am a firm believer in Xeneta’s vision and their daily commitment to transforming ocean freight negotiation. A true partnership between carriers and cargo owners depends not only on the freight rates paid, but also on the carrier’s operational performance, such as transit times, reliability, departure cancellations, weekly stability and accuracy of schedule forecasts. I am very excited about the joint offering from Xeneta and eeSea to meet these needs.”
Xeneta is a privately owned company in Oslo with around 200 employees worldwide and regular customers including Nestlé, Volvo and Coca-Cola. It provides market data and identifies optimization potential in various areas in order to improve efficiency and minimize risks. eeSea was founded in Copenhagen in 2015 and specializes in data in the maritime sector and supply chains.
