Executive Briefings

CargoSphere Debuts Quote-Refresh Tool for Logistics Service Providers

CargoSphere, a vendor of cloud-based applications for ocean and air freight-rate management, has introduced Floodgate Quote Refresh.

The tool allows logistics service providers to automatically refresh quotes based on changes in rate levels, surcharges and fees. Freight forwarders and non-vessel operating common carriers can create quote packages from carrier contract rates managed on the CargoSphere system and confidential rates received from other sources, such as agent partners and carriers, through collaboration on the CargoSphere Rate Network (CRN). CargoSphere's platform allows for multimodal freight-rate management, covering such activities as rate quoting, negotiating, sharing and booking of containerized freight across the CRN. CargoSphere combines rate management, negotiations and quoting into one continuous process.

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The tool allows logistics service providers to automatically refresh quotes based on changes in rate levels, surcharges and fees. Freight forwarders and non-vessel operating common carriers can create quote packages from carrier contract rates managed on the CargoSphere system and confidential rates received from other sources, such as agent partners and carriers, through collaboration on the CargoSphere Rate Network (CRN). CargoSphere's platform allows for multimodal freight-rate management, covering such activities as rate quoting, negotiating, sharing and booking of containerized freight across the CRN. CargoSphere combines rate management, negotiations and quoting into one continuous process.

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