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Increasing projects on the new launched version 3.5

Lean Energy Co., Ltd. (hereinafter referred to as LE) released version 3.5 of e-Bid Freight, an international logistics platform, in November last year. One month has passed since its release, and the usage record has been favorable.

Matching, which was released as a new function, has received inquiries from about 20 carriers, mainly shipping companies, forwarders, and Otsuchu companies. Currently, the procedure for certified bidders is underway, so the system will be updated as soon as it is completed. It is a unique matching engine developed by LE, and the carrier suitable for the transportation is automatically recommended. By considering the carriers that are originally traded with, as well as the carriers that are matched with high accuracy, it will be possible to transport with faster lead time, larger capacity, and competitive freight rates. LE is always looking for certified bidders.

The number of projects has increased since the release of spot bids, which have significantly added functions. Currently, about 200 projects are being carried out on e-Bid Freight, centered on AIR, and the weight is up to 700 tons per month. In addition, the use of FCL, which supports all 15 types of containers, is gradually expanding. Due to the recent shortage of containers and space, more shippers are using it as a means of securing space rather than spot bidding. This is a method of transporting the overflowing containers by spot contract when the shipping company / forwarder who has a fixed-term contract cannot secure the space. Since the spread of COVID19, the global logistics turmoil is unending, and in 2022, negotiations between labor and management at the West Coast Port of North America are scheduled. For the stability of the supply chain, it is expected that regular and spot use will continue in the future.


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CCFI Summary week 19

Ocean freight rates increased via the West Coast of North America (+1.5% week-on-week), Europe (+4.0%), and Korea (+3.3%). Freight rates via the East Coast of North America (-0.9%) decreased.


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