GT Nexus is contract management technology that empowers ocean shippers to evaluate optimally and proactively to control their multimillion-dollar transportation spend through a collaborative portal that centralizes, standardizes, and integrates processes for procuring, allocating and managing global transportation services. Managing the entire freight contracting process is complex, involving dozens of providers, hundreds to thousands of locations, non-standard agreements and highly manual processes. While attention is given to key lanes, the inability to evaluate all lanes leaves significant money on the table. Rates quickly get out of sync after contract award, affecting provider selection and auditing. It’s no surprise that most shippers find themselves reactive when it comes to procuring, awarding, and managing freight contracts.
The ability to leverage ocean logistics services has been a very positive tool in reducing our overall spend, i.e. such as gaining exposure to various IT and systems solutions and ultimately entering into an IT solution (GT Nexus) at a significantly discounted cost. The ability to openly communicate and bench-marking of services/rates with a group of shippers is a very positive tool.
Through the USSA consortium, FMC has access to competitive rates by leveraging the member volumes and capabilities, best-in-class information technology and up-to-date information about the shipping industry. USSA provides FMC with a cost effective way to optimize its logistics spend.
I like the fact that USSA partnered with GT Nexus. With this tool I can always see exactly what my freight rates are.
Through membership in the USSA we have gained more competitive rates and a reliable network of other exporters. Joining the USSA has been a positive experience with great results.