WaySync Acquisition Launches AI-Enabled Container Rate Management Platform

The Software-as-a-Service (SaaS) rate management tool for shippers addresses the rise in container freight rate complexity.

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freshidea AdobeStock_142658862

Ship Angel Inc. launched an artificial intelligence (AI)-enabled container rate management platform following the acquisition of WaySync.

“We saw that there was an opportunity to develop a new type of rate management solution for BCO shippers, one that takes advantage of AI and is easy to implement, offering immediate value to shippers. I look forward to bringing our exciting roadmap of SaaS products, currently in the pipeline, to shippers to quickly and effectively streamline their logistics processes,” says Graham Parker, CEO of Ship Angel.

From Ship Angel:

  • The Software-as-a-Service (SaaS) rate management tool for shippers addresses the rise in container freight rate complexity. Additionally, the Ship Angel rate management tool helps reduce ocean carrier invoice issues, another industry pain point.
  • The cloud-based, AI-powered rate management solution offers a modern user interface (UI) and streamlined user experience (UX). Shippers access rate data that has been enriched with valuable insights, providing intelligent “best option” predictions for each shipment.
  • WaySync, a start-up logistics technology firm, developed its AI-first tech stack system to improve the management of a broad array of non-standardized ocean rate formats, making all of them available in one platform.

“I am thrilled to join the Ship Angel team and help bring AI-enabled rate management to global shippers,” says co-founder and CEO of WaySync, Ray Yang.

 

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