Xeneta acquires eeSea; bringing global carrier performance data to freight procurement decisions

Xeneta AS announces the acquisition of fellow maritime and supply chain data company eeSea, furthering customers’ ability to evaluate and optimize containerized freight.

Gaining visibility into freight rates, managing contracts and suppliers, and de-risking delivery delays have always been a challenge for those responsible for getting goods shipped efficiently around the world. Recent trade tariffs, wars, and geopolitical changes cause carriers to adapt trade patterns: blank sailings, congestion and increased transshipment, resulting in cost volatility and additional deliverability challenges for shippers.

By adding eeSea’s market-leading global schedule, transit time and reliability data to their existing range of freight rate data, Xeneta will enable BCO Procurement teams to manage freight contracts and suppliers based on service levels, and not just cost, to get the right service at the right price, no matter what the market conditions.

Patrik Berglund, Xeneta CEO said: “Today marks a key milestone for Xeneta; coming together with eeSea, and combining our data and skills, furthers our shared mission to bring transparency and efficiency to how ocean freight is bought and sold. Our combined data sources and coverage will provide customers with more actionable intelligence to control freight spend, as well as delivery reliability.”

Simon Sundboell, eeSea founder and CEO added: “I genuinely believe in Xeneta's vision, and everyday drive and commitment, to changing the way ocean freight is negotiated. A true partnership between carriers and cargo owners relies not only on the freight rates paid, but also on the operational performance provided by the carrier, such as transit times, reliability, cancelled sailings, weekly stability and schedule forecasting accuracy. I’m really looking forward to the combined offering that Xeneta and eeSea will provide to supporting this need.”