Panalpina goes online for rate management

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Panalpina has rolled out a global transport rate management hub on the GT Nexus trade and logistics portal.

The platform is the central repository for transport contracts and rates representing over 1.2 million TEUs of containerised shipments that Panalpina manages globally for its customers.

The entire platform is provided on-demand over the internet and supports all Panalpina’s global ocean trade lanes, across all the carriers that Panalpina works with.

Andy Stinnes, vice president and managing director of GT Nexus Europe, said: “Panalpina evaluated our experience in working with global 3PLs and ocean carriers and quickly recognised the value potential. We look forward to a long and productive relationship with the Panalpina team.”

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