This is part of Cargobase's ongoing innovation in creating a platform that allows logistics professionals to seamlessly manage all aspects of a spot-buy freight transaction, the logistics technology company says.

“We have seen a significant demand for, and — through communication with our global network of providers and shippers — received significant interest from enterprise shippers to convince us that including ocean freight into our suite of solutions is a diagonal step in the right direction, as it serves to broaden as well as deepen our offerings,” says CEO Wiebe Helder.

Cargobase focuses on ad hoc freight, a fast-growing logistics niche, the company says. Launched in 2014, Cargobase teamed up with Fortune 500 companies to rethink the ad hoc freight process, and the result is an online platform to manage ad hoc freight transaction. This includes quoting, approval, tracking, invoice audit, freight payment and reporting.

Ad hoc freight is any freight service that falls outside the regular, pre-planned supply chain, usually procured through a spot-buy process. Typically, ad hoc freight is associated with high costs and inferior management, and puts supply chains at risk, Cargobase says.

Source: Cargobase