AI TOOL PROFILE
Xeneta | Ocean and Air Freight Rate Analytics Platform
- Operations
- Analytics and Reporting
- Logistics Companies
- Supply Chain Managers
- Freight Forwarders
- Importers and Exporters
- Procurement Teams
Pricing
Pricing was not clearly available from the provided evidence. The company offers three subscription bundles: Discover, Explore, and Achieve. Buyers should confirm current pricing on the vendor website.
At a glance
- Best for
- Logistics Companies, Supply Chain Managers, Freight Forwarders, Importers and Exporters, Procurement Teams
- Key use cases
- Freight Sourcing and Tendering, Market Monitoring and Risk Management, Budget and Forecast Planning, Carrier Performance Validation
- Integrations
- TMS API, ERP API
- Official website
- Visit xeneta official website
How AI is used
Xeneta is a market intelligence platform for those managing ocean and air freight. It aggregates contracted and spot rate data from global shippers and forwarders to provide lane-level benchmarks, allowing users to see how their pricing compares to the market.
The software is designed for procurement, supply chain, and finance teams at shippers, freight forwarders, and airlines. It helps users identify overpriced trades, validate carrier bids during tenders, and monitor market shifts in real time.
Beyond pricing, the platform provides service reliability data via vessel tracking to help teams evaluate carrier performance. It also includes forecasting tools to support budget planning and risk management.
Buyers should confirm which subscription bundle fits their operational scale, as certain tools, such as the Tender Benchmark Tool and dedicated customer success management, are available in higher-tier plans.
Key Features
Rate Benchmarking
Compares contracted and spot freight rates by lane against data from global shippers and forwarders.
AI Alert System
AI agents monitor the market and provide alerts when trades fall outside established market norms.
Integrated Rate Management
A centralized system designed to manage and share freight rates across teams.
Rate Forecasting
Provides predictive outlooks for contracted rates up to three months ahead and spot rates up to 10 days out.
Ocean Schedules
Uses AIS vessel tracking to provide carrier-neutral data on reliability, blank sailings, and transit times.
Tender Benchmark Tool
Supports the upload of bid sheets to benchmark carrier quotes across multiple lanes.
Use Cases
Freight Sourcing and Tendering
Using neutral market data to set rate targets for RFQs and validate carrier bids to identify outliers.
Market Monitoring and Risk Management
Tracking market shifts and emerging risks on priority lanes to help determine the timing for renegotiation.
Budget and Forecast Planning
Building regional and global freight budgets using market trend data and cost scenarios.
Carrier Performance Validation
Comparing supplier reliability and transit times against market averages to evaluate network health.
Integrations
- TMS API
- ERP API
FAQ
How does Xeneta gather its freight rate data?
- Xeneta aggregates real contracted and spot rate data contributed by global shippers and forwarders, rather than relying on quoted prices or estimates.
What is the difference between the subscription bundles?
- The Discover bundle provides basic benchmarking and spend analysis, Explore adds carrier performance and predictive outlooks, and Achieve provides full market coverage, unlimited AI agents, and a dedicated customer success manager.
Can Xeneta integrate with existing logistics software?
- Yes, Xeneta provides API access to allow users to embed market benchmark data directly into their TMS, ERP, or internal analytics platforms.
Source category: Operations
Source subcategory: Analytics & Reporting
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