Xeneta

AI-powered freight market intelligence for total rate clarity

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Description

Xeneta offers an advanced AI-powered solution designed to transform how organizations buy, manage, and optimize ocean and air freight. By leveraging the industry’s largest dataset of contracted and spot rates, it delivers unparalleled market visibility, enabling businesses to make data-driven decisions, benchmark performance, and reduce freight spend.

The platform centralizes freight rate intelligence, service reliability analytics, and procurement tools, helping teams monitor market shifts, validate rates, forecast costs, and improve supplier strategies with confidence. Xeneta empowers procurement, logistics, and finance teams to align around a single source of truth in an unpredictable global freight landscape.

Key Features

Lane-Level Benchmarking: Compare contracted and spot rates by specific trade lanes using real market data
AI-Driven Insights: Identify savings opportunities and market risks with intelligent analysis
Centralized Rate Management: Manage and share freight rates across teams to align decision-making
Contract Validation: Validate tender offers and pricing strategies with objective, up-to-date benchmarks
Freight Cost Forecasting: Forecast contracted and spot rates to support budget and strategic planning
Supplier Performance Evaluation: Analyze carrier reliability, transit times, and service consistency
Market Monitoring: Track market trends, surcharges, and emerging risks globally
Data-Backed Procurement: Equip negotiations and internal reporting with independent evidence

Use Cases

Market monitoring and risk management
Sourcing and tendering for freight contracts
Building carrier network and supplier strategy
Forecasting and budget planning
Comparing supplier performance and reliability
Validating and centralizing freight rates
Trading and hedging freight costs
Optimizing internal alignment around rate decisions

Frequently Asked Questions

What is Xeneta and what problem does it solve for freight procurement teams?

Xeneta is a freight market intelligence solution that gives procurement and logistics teams a complete, independent view of ocean and air freight, covering rate benchmarks, market trends, and service reliability. It aggregates real contracted and spot data from thousands of global shippers and forwarders, enabling teams to verify competitiveness, optimize tenders, and build proactive freight strategies.

How does Xeneta identify if my rates are competitive?

Xeneta benchmarks contracted rates against a continuously updated dataset of actual rates paid by over 700 global shippers. Users can instantly see if their rates are above, at, or below market on any trade lane and use this evidence in carrier negotiations.

What makes Xeneta different from other market indices?

Unlike broad market indices, Xeneta provides granular, lane-level contracted rate data, allowing procurement teams to see exactly where they stand for specific port pairs, rather than relying on corridor averages. This enables more informed bidding, negotiation, and internal justification.

How quickly can a team see value from Xeneta?

Most teams experience immediate value within the first negotiation cycle. By benchmarking current contracted rates, users can quickly identify overpayments and leverage data to renegotiate, often recovering the platform cost within a single tender cycle.

How does Xeneta help procurement teams justify freight spend to finance and leadership?

Xeneta equips teams with independent, third-party benchmark data, enabling quantified evidence of performance for presenting to finance or leadership. Teams can demonstrate savings and competitive positioning against market averages, supporting strategic value creation.