A common electronic freight management platform would improve the speed, accuracy, and visibility of information transfer in a freight movement, which could reap large rewards for the U.S. economy.
Huntington Beach, California (PRWEB) February 26, 2013
Freightgate, a global provider of Logistics Cloud Solutions, announces new breakthrough Electronic Freight Management (EFM) study conducted in collaboration with Transport Canada and Port of Qingdao, China. The Freightgate study demonstrates how new UBL (Universal Business Language) web technologies can improve data and message transmissions in freight management and facilitate faster business transactions between supply chain partners. Freightgate is the only commercially available logistics cloud platform supporting Electronic Freight Management.
UBL is a global standardized set of XML schemas designed to plug directly into existing business and freight management practices. The U.S. Department of Transportation Research and Innovative Technology Administration (RITA) reports a common electronic freight management platform would improve the speed, accuracy, and visibility of information transfer in a freight movement, which could reap large rewards for the U.S. economy. Electronic Freight Management will play a prominent role to advance operating efficiency, safety, and security in the movement of goods.
“The combination of EFM and UBL hold the promise of superior connectivity and as such are consistent with our long standing mission of delivering continuous improvement to supply chains around the globe while generating exponential value” explains Martin Hubert, CEO Freightgate, “and we thank our counter parts for the excellent cooperation in making this study an important milestone in realizing a joint vision.”
As part of this collaborative study, Freightgate spearheaded both the implementation as well as the educational aspects to advance Electronic Freight Management exposure to the transportation governance of China. The Freightgate technical team worked with the Qingdao Port team and Transport Canada to engage the Freightgate EFM platform. Companies using the new EFM platform achieve faster real-time visibility across their supply chain with open communication to optimize and shorten event management timeframe, thereby reducing transportation spend with improvements in overall service performance.
The EFM study revealed “supply chain visibility and collaboration solutions such as Freightgate’s EFM Platform provide considerable benefits to supply chain efficiencies. It provided maximum deployment flexibility for customers while protecting their ROI at every stage. Without visibility and monitoring tools in the logistics management lifecycle for ocean, rail, drayage, and customs, delays will occur. While each delay may seem inconsequential, these delays have costs associated for the importer or forwarder or partners that can add up to significant and real dollars taken from their bottom line. An interconnected platform with faster electronic communication driving cost reductions is the primary goals in implementing the EFM application.”
To receive free copy of the Electronic Freight Management (EFM) case study sponsored with Transport Canada and Port of Qingdao, China, please go to http://www.freightgate.com/EFMStudyDownload
Freightgate’s I-Trek!(R) is part of the Freightgate Logistics Cloud Platform, known as the Freightgate Universe which empowers professionals on all levels to collaborate with global vendors and logistics providers seamlessly on a single common transportation platform for informed decision-making across the entire network. It encompasses ISO9001:2008-certified end-to-end transportation management processes from procurement, rate management, optimization, execution and visibility, carbon footprint, through invoice audit & pay. The Freightgate Universe is comprised of adaptive easy-to-deploy modules to help companies leapfrog into the 21st century with minimal start-up cost. Freightgate is the only commercial EFM compliant platform enabling standardized web-services as promoted by the US-DOT and Transport-Canada.
Partner with Freightgate. To schedule a No-Obligation Demonstration of Freightgate Logistics Cloud Solutions, please complete form at: http://www.freightgate.com/demo or Call Freightgate Sales at (714) 799-2833. Email: sales(at)freightgate(dot)com
Based in Huntington Beach, California, the Freightgate team has been developing Internet solutions for the freight and logistics since 1994, such as its industry-leading Logistics Cloud-based Platform, with Supply Chain Collaboration & Visibility; TMS, Global Tender Bid Management; Least Cost Routing, Service Contract and Quote Management; Regulatory Compliance CBP and FMC; Automated eInvoice Audit and Payment; innovative What-If-Scenario Analysis tool; interactive online Sailing Schedule. Freightgate is ISO 9001:2008 certified. Visit Freightgate at: http://www.freightgate.com
About Transport Canada
Transport Canada is responsible for transportation policies and programs in Canada. It serves the public interest through the promotion of a safe and secure, efficient and environmentally responsible transportation system in Canada. Transport Canada reports to Parliament and Canadians through the minister of Transportation, Infrastructure and Communities. It works with its portfolio partners, other government departments and jurisdictions, and industry to ensure that all parts of Canada's transportation system work well. Transport Canada employs 4,700 people at its headquarters and in five regional offices across the country. Visit Transport Canada at: http://www.tc.gc.ca/eng/menu.htm
About Port of Qingdao, China
The Port of Qingdao has the 2nd largest foreign trade throughput in China and ranks as one of the ten busiest ports in the World. The Port of Qingdao was established in 1892. It is an important hub of international trade and sea-going transportation along China’s Yellow River Basin and on the west coast of the Pacific. The port has established trade relations with over 450 ports in more than 130 countries and regions across the world. Visit Port of Qingdao, China at: http://www.qdport.com/EN/index.aspx