Freight market set to unlock real-time data benefits

New technology enables connectivity and collaboration across the industry, unlocking true value of data FOR IMMEDIATE RELEASE 9 March 2021, Singapore: Chinsay, the pioneering platform for the generation of freight and commodity contracts, is announcing today the launch of a new deployment of its Intelligent Contract Platform (ICP) for the freight industry, ICP.Freight. The new platform enables users to capture, reuse and leverage data intelligence from the trade process for competitive advantage. For the first time, the freight industry can benefit from a technology built specifically to address the repetitive and error-prone manual processes with which it has always struggled. ICP.Freight unlocks data that is usually contained within emails and documents, moving the industry’s focus from collecting and locking away data for the purpose of building a reference document, to turning it into a valuable asset, which can be used to increase efficiency, reduce risk and gain business insights. Key benefits of using ICP.Freight: Access to a collaborative workspace in real time – collaborate online with stakeholders and obtain validated contract data. Trade with internal stakeholders to secure and execute freight. Submit market orders/vessel, trade by exchanging bids and offers within the platform. Seamlessly create recaps, contracts and integrate with your VMS. Customisable… continue reading

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Source: CTRM Center

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