One Freight Rate Management and Distribution Solution

CargoSphere to become the sole distribution vehicle for Amerijet’s global rates in light of average freight rate assessment closure

Chapel Hill, N.C.Oct. 30, 2013CargoSphere, a cloud-based global rate management solution and confidential rate mesh network for the ocean and air transportation, and logistics industries, and Amerijet, a global provider of land, sea and air transportation, expanded their relationship, making CargoSphere Amerijet’s single source for rate distribution over the rate mesh network. This enhanced relationship offers Amerijet greater control and freight rate accuracy across its entire operational framework. Amerijet has been a customer of CargoSphere the last four years.

The recent termination of operations of OAG Cargo’s average freight rate assessment (AFRA), an online rate distribution and management application for air carriers and freight forwarders, is creating a gap in the marketplace, and providing further motivation for Amerijet to accelerate the implementation of CargoSphere for rate management and distribution.

Near term, the Amerijet-CargoSphere business partnership includes global freight rate distribution to Amerijet’s network of affiliate businesses, agent partners and freight forwarder (FF) customers across the CargoSphere rate mesh. Subsequent phases include freight rate quoting and responding to requests for quotes (RFQs); and management of FF customer rate contracts all on the CargoSphere standardized platform.

“The more I evaluated the CargoSphere cloud-based system from a business and IT perspective, the more I believed this was the ideal plug-in for our core operational systems. I look forward to working with CargoSphere to achieve this integration, which will allow us to allocate more time to our core business functions,” said Jennifer S. Torlone, senior director of technology and information services.

Derry S. Huff, the senior director of strategic initiatives at Amerijet International, commented, “We want control over the rates presented to our customers, and historically accurate visibility to those rates for better management of pricing and more accurate invoicing. Third-party resources in the marketplace that repackage rates operate outside our sphere of control, and often create confusion for our customers and inefficiencies for our company. With CargoSphere, there will be one source for accurate pricing, which will allow us to retain control over all rate distribution.”