THE POWER OF THE ECOSYSTEM

The TradeLens ecosystem is you: every organization in the end-to-end journey of a shipment can coalesce on the platform. Diverse, previously fragmented organizations and government agencies can now share one view of the global supply chain and truly work together.

Building the ecosystem starts with you and all of your partners: ocean carriers, rail providers, truckers, terminal operators, BCOs, freight forwarders, NVOCCs, and customs authorities. As the ecosystem grows, so too do the benefits. More participants means traders gain better visibility across more digitized trade corridors. Transportation and logistics providers are able to serve more customers more reliably.

TradeLens is enabling a new way of doing business and the benefits are available to everyone.

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Beneficial cargo owners/Non-Vessel Owning Common Carrier

  • • Know exactly what’s happening in your supply chain; reduce safety stock and increase resilience.
  • • Eliminate the need to manually manage much of the information related to your shipments.
  • • Reduce the need to manually rekey information, emails and calls to understand your shipments.
  • • Get full, trusted information on your shipment to efficiently validate fees and surcharges.
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Freight forwarders/ Third Party logistics/Customs House Broker

  • • Unlock multiple mechanisms for obtaining inland transport data (API integrations, mobile apps, IoT devices) to allow for a more value-focused sourcing strategy.
  • • Easily access historical and current data to enable transportation planners to more effectively plan logistics and improve customer satisfaction.
  • • Advance competitiveness by reducing costs and increasing focus on higher-value services such as compliance.
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Inland Transportation

  • • Speed pick-up and drop-off processes with real-time information updates to all parties.
  • • Improve equipment utilization and planning at intermodal facilities with better visibility into shipment timing.
  • • Reduce terminal queuing times through greater transparency around shipment plans.
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Customs/Government Authorities

  • • Access more complete information earlier, and with greater provenance, to make more informed decisions on which containers to inspect.
  • • Reduce manual paperwork and safeguard your information with Blockchain-based digital documents so your officers can focus more on risk assessment.
  • • Gain visibility into the entire container shipment lifecycle, from pickup to return, providing you with richer risk-assessment information.
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Ports & Terminals

  • • Reduce the cost of connecting to your logistics partners by using a standard industry platform.
  • • Improve utilization of your assets and reduce queues with quicker, more reliable, electronic ETAs for all port community participants.
  • • Optimize stack placement and truck and vessel service times with clearer communication about a shipment’s next mode of transportation.
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Ocean Carriers

  • • Prevent mis-declared cargo with a clear audit trail and immutable records of source documents resulting in better safety and improved revenue accuracy.
  • • Enable customers with self-serve data from the platform so they reduce the number of phone calls and email inquiries to customer service.
  • • Simplify compliance with regulatory audits, and reduce or eliminate staff time managing disputes with a digital audit trail of shipment events.
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Financial Services

  • • Eliminate discrepancies on insurance policies and letters of credit by building in smart contracts to guarantee and cover only what needs to be covered.
  • • Reduce costs associated with sending people across the globe to verify events and information integrity in person, when it can be done digitally.
  • • Access a definitive, immutable source of information for trade finance and insurance in real-time.
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Software Developers

  • • Access a single, open platform for application development and integration.
  • • Commercialize your custom trade applications in a dedicated marketplace.
  • • Build a customer base comprised of the most successful global BCOs, carriers and government authorities.
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