Is the market rising or is it falling? Did this question ever cross your mind?
SENSEX! I am not talking about that but you are close enough!
Ever seen an index for global freight?
Look no further. Introducing GFI, GoComet Freight Index.
GoComet Freight Index is a shipping index reflecting the fluctuation of spot rates (port pairwise) in international shipping.
GFI is based on data aggregated from shippers, freight forwarders and carriers who use the GoComet Platform for export freight negotiation.
The data is obtained in real-time from the carriers as well as the freight forwarders on which shippers have booked their cargo, giving a precise representation of the prevailing market rates.
The GFI can help you in the following ways:
1. Budgeting, Reporting and Analytics: GoComet provides you with a constant flow of accurate and reliable data for your trade routes. This information helps you to pre-plan your budgets for your operations and use reports later to evaluate and analyze freight performance.
2. Negotiating: By knowing the market rates for your trade lanes, you can negotiate better with your forwarders and squeeze out their margins to get maximum savings.
3. Become Market Leader: GFI can give you an idea about the current market rate. Then it is up to you to strategize and become the leader in your market.
And the best thing is that it is free of cost!
So what are you waiting for? Go and subscribe today.
A ready-made LRM solution that solves all your logistics operations related hurdles and brings instant savings.
The tool is perfect for the logistics manager, in-house executives, warehouse in-charge even for your vendors.
Along with Freight Index also check out our Sailing Schedule and Invoice matching software.