“MarCo†automates bi-directional electronic communication around container bookings and B/L (Bill of Lading) instructions. It also includes other functionalities such as the upload of B/L documents bringing substantial time & money savings to Shippers and Steamship Lines equally.
Brussels, Belgium, May, 28, 2008 — Transwide is glad to announce the Launch of “MarCoâ€, its Ocean Container transport execution module extension. “MarCo†allows you to completely process your container ocean shipments electronically, while reducing risk of miscommunication
Globalization and individual choices have induced a major growth in transport volume in the last decades. The reorganization of the maritime and port system which has resulted in the creation of a worldwide liner shipping network that makes use of a limited number of large ports with he obvious consequences of transport congestion and increased pressure on administrative resources of shippers, shipping lines and freight forwarder alike.
Furthermore, forecasts show that transport demand will continue to grow by 50% until 2020 compared to 2000 levels.
In order to face this unprecedented growth, and aiming at reducing the administrative load and streamlining the process of executing ocean shipments, Transwide has developed and launched its ocean dedicated communication tool: “MarCo†(www.transwide.com)
The new product features:
Transwide now offers a single interface to all major Shipping Lines via integrated links to and from the INTTRA & GT Nexus portals.
“MarCo†automates bi-directional electronic communication around container bookings and B/L (Bill of Lading) instructions.
It also includes other functionalities such as the upload of B/L documents bringing substantial time & money savings to Shippers and Steamship Lines equally.
Some of the main benefits of the new feature are:
* Automated communication (system to system or web access)
* Avoiding human errors, increasing efficiency and time saving
* Strong cost reduction (B/L or administration charges from Shipping Lines reduced)
* High value for Shipping Lines as well (data directly into/from their back end system)
* Single communication hub independently of transport mode used
* Sharing of information with other internal or external parties
* Forward visibility possible for end clients, sales agents, subsidiaries anywhere in the world
About Transwide
Transwide is a global leader of transport execution network and solution providers; it offers a suite of technology solutions to enable the electronic communication and visibility of transport orders, pick-up and delivery time slots booking, real time tracing of shipments, transport documents dematerialization and performance monitoring.
Transwide has more than 5000 companies working on its network and serves carriers and shippers equally. It does not have shippers or carriers in its shareholder base. Transwide is a division of Wolters Kluwer, a leading global information services and publishing company with annual revenues (2006) of €3.7 billion and approximately 19,900 employees worldwide
For more information, please go to www.transwide.com
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Contact:
Harlod Bosse
Transwide
Brussels, Belgium
[email protected]
http://www.transwide.com
