Tradiant, a business-to-business for the transportation industry, announced Tuesday it has joined with nine ocean carriers in a partnership whose goal is to simplify the import-export process.
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The Alameda-based ASP (application service provider) says the partnership (currently code-named Global Transportation Network, or GTN) begins early next year. The deal means the group agrees to jointly use Tradiant's neutral platform.
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Nine ocean carriers to launch Web-based exchange::
Nine ocean carriers are teaming with California tech start-up Tradiant to launch an online venture to make the process of shipping containers across the ocean
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The nine carriers involved in the partnership include: APL; CP Ships, the container shipping business of Canadian Pacific Limited, which includes ANZDL, Canada Maritime, Cast, Contship Containerlines, Lykes Lines and TMM Lines; Hanjin; Hyundai; K Line; Mitsui OSK Lines; Senator Lines; Yang Ming; and Zim Israel Navigation Company.
Tradient lets shipping companies book, track and trace their cargo as well as helping with scheduling rates and contract management, cargo forecasting and allocation.
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Exchange May Cut Ocean Shipping Costs::
Boss Ahoy! Floundering Users. Miscellaneous Bait. News Bait. Office Politics. Q&A. Sinking Projects The shipping companies have signed on with Tradiant Inc.
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"This is just one more option for vendors who want to go to one place to check their shipments," says APL spokesperson John Pachtner. "And that's a great convenience."
Convenient, says Pachtner, because historically shipping and cargo companies worked with different platforms, making it difficult to sift through information.
Tradient also claims a cost savings in the process. A recent study conducted with Andersen Consulting (a Tradient partner) estimates that cost savings from these process improvements and efficiencies alone could result in 5-10 percent savings for carriers and customers across a range of industries.
Negotiations are currently underway to include other transportation providers who may want to join the GTN.
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Ahoy Tradiant!