Cargobase announces record ad hoc freight traffic figures

Cargobase has announced record ad hoc freight traffic figures as part of its December results, with growth attributed to new and improved product releases, as well as the recent sales acquisition of several enterprise accounts, which include Fortune 500 shippers.

The company achieved a 381% growth leap in December, with a peak of Freight Spend of US$1.3m in one day, and a 79% conversion rate from request to booking.

“Our significant accomplishments in the final quarter of 2016 are a direct result of three key components. One, our collective team focus on delivering an up-to-date platform that provides an efficient experience for our global network of shippers and providers. Two, the global acceptance of smart technology and cross-technology applications to resolve traditional freight issues among both shippers and providers. Three, recent industry movements, recommendations and referrals through word-of-mouth, seem to have positively propelled an industry-wide growing interest to seek trusted ad hoc freight measures and smart and sustainable quick-fixes.” Wiebe Helder, the Chief Executive Officer of Cargobase stated. “Over the past months, we’ve built a tremendous amount of momentum that we intend to leverage into 2017 and beyond.”

In the final quarter of 2016, Cargobase announced several operational expansions, product improvements and feature releases which contributed to the traffic figures. This included the launch of Ocean Freight, a German Version release, and the global launch of its Quick Request feature, a feature that connects non-logistics staff with logisticians. In the first quarter of 2017, the company will launch a fully integrated feature for shippers to book Parcel Shipments, in addition to a new Mobile Application, Text Message Notifications for approvals, a Spanish Version of the platform, and an updated Analytics Dashboard.

Source: Cargobase