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BlueX’s Freight Commerce Platform: The Ocean Carriers' Winning Formula for Digital Revenue Creation
BlueX TradeBlogNov 09, 2020
The last several years have seen dramatic variability in demand within the ocean container industry. Whether it be trade-wars or global demand shocks due to Covid-19, this variability has created an opportunity for carriers that can more efficiently match supply and demand.
Ocean Carriers Continue to be Targets of Cyberattacks - How Prepared is Your System?
BlueX TradeBlogOct 21, 2020
In June 2017, Maersk lost an astonishing $300 million after falling victim to history’s largest cyberattack. Originating in Ukraine and spreading globally, the NonPetya ransomware attack was potentially devastating. Incredibly, Maersk acted fast enough to set up 4,000 servers and 45,000 PCs in ten days, and ended the attack with an executive stating that this […]
How to Enhance Ocean Carrier Revenue Management with Dynamic Pricing
BlueX TradeBlogSep 09, 2020
Dynamic pricing is the next evolutionary step for ocean carriers to increase profitability. As a FreighTech tool, dynamic pricing is part of a series of digitally innovative technologies reshaping the shipping industry landscape. Maersk’s Q2 results showcased their online spot platform (with dynamic pricing) as an effective tool to enhance revenue management. This tool accounted […]
What are APIs in Freight and Logistics? Everything You Need to Know
BlueX TradeBlogAug 18, 2020
APIs changed the E-commerce landscape. API integrations digitally automate processes and data across applications to make the flow of information for businesses and customers seamless and instantaneous. Since Salesforce launched the first widely acknowledged API in 2000, APIs have proliferated to revolutionize how we do business. From Facebook Messenger, PayPal payment options, to booking a […]
How COVID-19 is Affecting Shipping Demurrage and Detention
BlueX TradeBlogAug 05, 2020
With lockdowns continuing to hinder international trade flow, overcoming COVID-19 remains the biggest challenge for ocean shipping. Demurrage and detention are among the most immediate issues faced by shippers, freight forwarders, and carriers, with minimal mitigating strategies. We at BlueX understand how vital it is to ensure freight fluidity for carriers, and also the need […]