DP World’s SeaRates’ partnership with Singapore-based CP World Group is seeing significant growth, with month-on-month bookings and shipment tracking for small cargo owners up by 39% since last year.
Just one year on from its strategic partnership announcement with CP World, SeaRates’ ‘digital freight forwarder’ platform is seeing major growth in its Less than Container Load (LCL) bookings, with smaller cargo owners benefitting from access to streamlined logistics processes, real-time information, and enhanced efficiency when moving cargo from A to B.
This new market and customer base for SeaRates is seeing CP World optimise container space, efficiently consolidating LCL shipments, providing cost savings for shippers while contributing to a more sustainable global supply chain, a press communication stated.
The partnership with CP World means that customers moving less than a full container load now have greater access to competitive rates, the latest transit times. This is particularly advantageous for those moving seasonal or promotional products, which may not necessitate a full container.
Access
By providing access to LCL shipments through an online platform, smaller customers are now benefitting from more flexibility in their bookings, fuelling their growth in turn.
“Our partnership with CP World has seen strong growth on the platform, as we’ve been able to open up a new customer base and market to cater to smaller cargo owners who still want the same services as their larger counterparts,” remarked Mike Bhaskaran, COO, Digital Technology, DP World.
“By offering a worldwide LCL Network with comprehensive LCL ocean freight rates and services, via an easy-to-book digital platform, we are able to create sustainable solutions for all shippers, no matter their size,” commented Ken Chiang, Group CEO, CP World.
