Xeneta AS announces the acquisition of fellow maritime and supply chain data company eeSea, furthering customers’ ability to evaluate and optimize containerized freight.
Gaining visibility into freight rates, managing contracts and suppliers, and de-risking delivery delays have always been a challenge for those responsible for getting goods shipped efficiently around the world. Recent trade tariffs, wars, and geopolitical changes cause carriers to adapt trade patterns: blank sailings, congestion and increased transshipment, resulting in cost volatility and additional deliverability challenges for shippers.
By adding eeSea’s market-leading global schedule, transit time and reliability data to their existing range of freight rate data, Xeneta will enable BCO Procurement teams to manage freight contracts and suppliers based on service levels, and not just cost, to get the right service at the right price, no matter what the market conditions.
Patrik Berglund, Xeneta CEO said: “Today marks a key milestone for Xeneta; coming together with eeSea, and combining our data and skills, furthers our shared mission to bring transparency and efficiency to how ocean freight is bought and sold. Our combined data sources and coverage will provide customers with more actionable intelligence to control freight spend, as well as delivery reliability.”
Simon Sundboell, eeSea founder and CEO added: “I genuinely believe in Xeneta's vision, and everyday drive and commitment, to changing the way ocean freight is negotiated. A true partnership between carriers and cargo owners relies not only on the freight rates paid, but also on the operational performance provided by the carrier, such as transit times, reliability, cancelled sailings, weekly stability and schedule forecasting accuracy. I’m really looking forward to the combined offering that Xeneta and eeSea will provide to supporting this need.”
About Xeneta: Xeneta transforms freight procurement and logistics by delivering accurate, independent data and ready-to-use intelligence. Global leaders like Nestlé, Volvo, and Coca-Cola rely on Xeneta to help them reduce freight costs and delays, strengthen supplier relationships, and improve contracting and service levels - enhancing overall supply chain resilience.
Delivered through data services, award-winning platforms, and their expert team, Xeneta provides market insights, optimization reports, and granular freight, service level, and vessel data, which help businesses manage risk, plan more effectively, and boost operational performance.
Xeneta AS is a privately held company with over 200 employees world-wide and is headquartered in Oslo, Norway. www.xeneta.com
About eeSea:
Founded in 2015 and headquartered in Copenhagen, eeSea is a maritime and supply chain intelligence company, offering unbiased insights and predictive analysis for the global container shipping industry.
Combining multiple data sources, and understanding historical patterns, the eeSea platform offers an unrivalled level of real-time vessel tracking and forecasting, reliability and transit time analytics, as well as strategic insights on trade lane capacity, including cancelled sailings.
Source: Xeneta