Consumer

Baby/Maternity Children Family LGBT Men Religion Teens Women
News Release Digital Asset Direct

Get Ready for Camping Season!

YourUpdateTV

It’s officially camping season. For many camping enthusiasts now is the right time to learn more about their favorite outdoor activity and resources available to them. Recently, Chief Marketing Officer at Campspot, Erin Stender, conducted a satellite media tour to talk about new camping trends and the launch of the Campspot Outdoor Almanac. A video accompanying this announcement is available at: https://youtu.be/WdJrAcnUDiQ While the outdoors industry tends to talk about camping as a trip, a travel choice, an adventure, our recent survey data found that 90% of campers believe that camping has given them the opportunity to create lasting memories for themselves and their families. Camping isn’t just a trip. Camping is a lifestyle — and a powerful one that people use as a lifeline to escape their busy and chaotic lives. · 96% of campers say camping improves their mental health · 83% of campers see camping as a lifestyle that allows them to explore different places throughout the year · 33% of campers have a goal of becoming a full-time camper · Relaxation is the number one most common reason for going camping Brought to you by Campspot + Pinterest, The Campspot Outdoor Almanac is the outdoor enthusiast’s guide to key information, dates, and trends about their favorite outdoor activities—camping included. From fishing to national parks to seasonal recipes the Campspot Outdoor Almanac has eight sections that feature key dates and events, trends, expert advice, and destination spotlights to inspire your adventures this summer and fall. The Campspot Outdoor Almanac is a free biannual digital and print publication. To sign up to have our next issue delivered straight to your door, visit: http://www.campspot.com/about/outdoor-almanac About Erin Stender: As Chief Marketing Officer at Campspot, Erin Stender leads the company’s marketplace programs as Campspot continues its mission to help more people get outdoors and make camping memories. She focuses on bridging the software and consumer platform marketing programs while further expanding its advertising reach, brand awareness, and growth efforts. Stender has nearly two decades of SaaS and e-commerce marketing experience, with a track record of building brands, growing high performance teams, and designing impactful go-to-market, integrated marketing programs. She most recently held the role of Vice President of Marketing at Neon One, a nonprofit software company, where she led marketing and corporate brand strategy and spearheaded a comprehensive visual rebrand and a product unification effort. Prior to Neon One, Erin held senior roles at industry-leading B2B and B2C organizations including Bodybuilding.com, Classy.org, Evernote and Active Network. Her experience across both start-up and mature corporate environments, including an IPO, has centered on scaling demand, building content-driven growth engines, and building customer-centric experiences. About Campspot: Campspot is a leading online marketplace for RV resorts, family campgrounds, cabins, glamping options and more, providing access to more than 140,000 campsites across the United States and Canada. Campspot’s real-time, cloud-based campground management solution enables a best-in-class reservation system (site inventory and ancillary add-ons) by giving its customers a POS system and the necessary management tools (utility billing, housekeeping tracking, etc.) to provide the best possible user experience. Campspot provides an intuitive easy-to-navigate guest booking experience that returns relevant and easy-to-modify searches, making planning a vacation seamless. For more information, please visit www.campspot.com. Follow Campspot on Facebook, Instagram, and Twitter. Download the Campspot Mobile App on Apple IOS HERE and Android HERE. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 08, 2022 01:30 PM Eastern Daylight Time

Video

DataWeave Launches Interactive Dashboard to Track U.S. Grocery Inflation

DataWeave

DataWeave, a global leader in retail data, pricing and AI analytics, today launches its interactive eCommerce Grocery Price Tracker, providing a detailed, nuanced view of price changes and serving as an index of U.S. pricing trends. DataWeave examines pricing and availability by category and retailer in light of inflation and market-driven economic changes. Analyzing over 117,000 SKUs, the Tracker showcases how grocery brands and retailers are adjusting their pricing in an inflationary environment as they work to stay engaged with an increasingly price-sensitive consumer. DataWeave’s Grocery Price Tracker, which will be updated monthly, shows month-over-month price changes starting June 2021. It also indicates shifts in product availability. “The American consumer has clearly been feeling more than a pinch at the grocery store. This has been driven by a confluence of ongoing global supply chain constraints, regional conflicts and climate change. All this has added up to pricing pressures and availability issues,” said Karthik Bettadapura, CEO of DataWeave. “Our data reveals that the sharp price increases we saw in December 2021 across grocery retailers and delivery intermediaries, have continued to rise ever since. With our complimentary tracker, our aim is to enable retailers and analysts alike to spot inflection points for these trends as they evolve.” Each month, the Grocery Price Tracker will highlight the retailer that offers products with a maximum price decrease across a certain category, and one imposing the maximum price increase across a particular category. It also shows average month-over-month price changes across all products tracked within each category and retailer analyzed. “With inflation at a 40-year high and dynamic pricing changing the competitive landscape daily, we continue to hear that affordability is top-of-mind for consumers, while availability in certain categories, such as baby formula, has escalated to an urgent national issue,” said Krishnan Thyagarajan, President and COO of DataWeave. We hope our ongoing Grocery Price Tracker and inflation indices we are developing for other categories will provide the fastest visibility to the latest trends and greater insight for retailers and brands.” Report Methodology To come to its findings, DataWeave analyzed 117,381 SKUs, tracking price variations and stock availability across 16 grocery retailers and delivery intermediaries, dating from June 2021 to the present, interactively noting price variations and stock availability by retailer. # # # DataWeave is a leading provider of advanced sales optimization solutions for e-commerce businesses, consumer brands and marketplaces. The AI-driven proprietary technology and language-agnostic platform aggregates consumable and actionable Competitive Intelligence across 500+ billion data points globally, in 25+ languages, with insights to drive performance for more than 400,000 brands across 1,500+ websites tracked across 20+ verticals and ensure online performance is always optimized. Learn more about the power of big data and global level analytics in understanding the rapidly changing retail industry at DataWeave.com. Contact Details MKPR Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://dataweave.com

June 08, 2022 10:30 AM Eastern Daylight Time

Influencers 5X Revenue Scale Has You Covered

TCM DIGITAL

NinjaInfluence, an all-in-one Influencer Marketing AI SaaS platform, provides an affordable yet powerful use of influencer marketing and is stepping up its game. As sales growth shifted across the eCommerce sphere, NinjaInfluence has adapted and challenged itself, providing a plan that will help brands increase their sales—introducing Ninja 5X (Ninja Platinum). The 5X Revenue plan does not limit you by the hour or the number of influencers but focuses on reaching your goals: increasing your sales and increasing your ROI, all while building new and recurring revenue streams. In addition to having the talent of an Influencer Marketing Strategist, you will also work with an Influencer Marketing Manager. S/he will create a strategy for your campaign, do the influencer research and vetting process, and determine the perfect influencers who can showcase your product or service to a new audience. In addition to taking care of the execution, the experienced team will take care of the reporting and analysis of each campaign stage and propose new angles to make the reach most effective. With Ninja x5, your campaigns will take off seamlessly with the best possible impact. NinjaInfluence also offers its NinjaGold package for eCommerce sellers a full hands-on use of its entire features to reach, manage and monetize any influencer marketing campaign for maximum scalability About NinjaInfluence NinjaInfluence is an influencer marketing software that supports users in easily managing their strategies and communicating with influencers/creators. Following up on its predecessor, NinjaOutreach, provides access to over 120 million influencers across Instagram, TikTok, YouTube, and Twitter. In addition to its established search engine, NinjaInfluence offers a multitude of features such as eCommerce integration, full analytics dashboards, a smart search manager, an internal payment platform, a related profile recommendation engine, and a consolidated CRM-like workspace. Scalable and effective through its use of powerful big data technology, NinjaInfluence searches through millions of creators to intelligently identify qualified influencer leads and enables the launch of influencer campaigns with traceable ROI. For more information or a free trial with NinjaInfluence, visit https://NinjaInfluence.com/ or book a demo with us here. Contact Details Gabi Bar +1 845-709-8324 gabi@tcmdigital.com Company Website https://ninjainfluence.com/

June 08, 2022 09:50 AM Eastern Daylight Time

Video

Storm Smart Acquires Steadfast Inc.

Rotunda Capital Partners LLC

Storm Smart, a Rotunda Capital Partners portfolio company and one of the largest storm-protection and lifestyle-enhancement companies in Florida, has acquired Steadfast Inc., the leading hurricane screen and shutter supplier in Palm Beach County. The transaction strengthens the combined businesses’ presence across Florida. Headquartered in Fort Myers, Florida, Storm Smart provides homeowners and businesses with innovative hurricane protection and lifestyle improvement solutions, professional installations, and exceptional customer service. Since their start in 1996, the company has helped more than 90,000 homeowners increase the value of their property by making their homes both safer from storms and more energy efficient. "This acquisition establishes a base from which to expand our service offerings throughout Southeast Florida and aligns with our commitment to protecting our communities through our products, people and services," said Scot Burris, CEO of Storm Smart. "Steadfast has built an excellent reputation and team that we are excited to have join the Storm Smart family and our One Team culture. We believe that engaged team members equate to engaged and delighted customers.” “Our team is excited to strengthen the existing relationship with Storm Smart and for the growth potential this combination unlocks”, said Rene Rayner, Steadfast Vice President. “This partnership will enhance our ability to provide our customers with the highest levels of customer service.” About Storm Smart Storm Smart's innovative and industry-leading solutions have led to the company becoming the largest manufacturer and installer of code-approved hurricane protection products in Florida, with over 90,000 customers in Florida, the Caribbean and Mexico since opening its doors in Fort Myers in 1996. The company has a long list of accomplishments, including being named 2021 Manufacturer of the Year by Lee County Economic Development, Horizon Council and the Horizon Foundation. Storm Smart is headquartered in Fort Myers and has three manufacturing facilities in Lee County. The company also has two showrooms in Southwest Florida, located at 2351 Crystal Drive, Ste 101 in Fort Myers, and in Naples at 2400 Vanderbilt Beach Road, Unit 102, and will be adding a new showroom in North Port late Summer 2022. For more information, visit https://stormsmart.com. About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. Contact Details Jill Lafferty +1 847-280-1295 jill@rotundacapital.com Company Website https://www.rotundacapital.com

June 08, 2022 09:15 AM Eastern Daylight Time

Telos Blockchain Sponsors Unbound Now Gala

Telos Foundation

The Telos Foundation is proud to announce that it will be the official sponsor for the 2022 Unbound Now Gala happening on June 7th in Waco, Texas. Telos is firmly in favor of all that Unbound Now stands for and has accomplished as a non-profit organization and is pleased to support them as they continue to provide aid for humanity’s most vulnerable. Tuesday’s gala celebrates 10 years of Unbound Now’s work to end human trafficking in local communities and around the world. Telos believes that global ESG concerns such as human trafficking, an illicit practice that has more than tripled in the last decade, must be eradicated at all costs. Unbound Now is leading the effort to help save the victims from this heartless act. Founded in the United States in 2012, Unbound Now has grown substantially, launching in several locations worldwide, including Cambodia, Mongolia, Indonesia, South Africa, and various countries in Europe. While their operations vary from one city to the next, Unbound offers three main lines of effort: Prevention and Awareness: Unbound Now works to educate and empower youth, spread awareness through citywide outreaches and provide human-trafficking presentations to groups and organizations. Professional Training: Unbound Now provides training to equip all professionals to use their skills to identify and serve victims of human trafficking. Survivor Advocacy: Unbound Now advocates for victims and survivors by meeting immediate needs, supporting survivors and their families, and connecting each survivor with resources for his or her unique restoration journey. The values and principles of the Telos team are closely aligned with those of Unbound Now and looks forward to making its contribution to put an end to human trafficking - once and for all. About Telos Live since 2018, Telos Blockchain (ticker: TLOS) is an ESG compliant Layer 1 smart contract platform that offers full-service compatibility with Solidity, Vyper and Native C++ smart contracts. The chain along with all of its departments operates at Net Zero status and offers the use of its fair smart contract powered governance system to any interested organization in modular fashion. The chain is capable of finalizing over a billion low-fixed-cost (w/ a feeless option) transactions per day. Since the launch of mainnet, Telos has operated with a flawless network uptime record. The validators of the network are globally decentralized, vetted (KYC) and are all equitable in size. Telos is one of the only Layer 1 Blockchain to be both credibly neutral in both its finances and its architecture. About The Foundation The Telos Foundation is a Decentralized Autonomous Organization established as a promotional and funding body to advance the Telos Blockchain Network and provide support to network applications. Contact Details The Team hello@telosfoundation.io Company Website https://www.telos.net/

June 07, 2022 10:21 AM Eastern Daylight Time

Video

Minuteman Press Franchise Owner Ken Tays Receives Veteran Business Award from NJ State Veterans Chamber of Commerce and The American Legion

Minuteman Press International Inc

US Army Veteran Ken Tays, who owns the Minuteman Press franchise in Newark located at 20 Clinton St., was recognized with the award for Veteran Business under $3 Million by the NJ State Veterans Chamber of Commerce (NJSVCC) and The American Legion at the Disabled Veteran and Veteran Business Summit. The event was held on May 10 th, 2022 at Middlesex College in Edison. The Summit connected over 100 Veteran-owned businesses with private companies and state agencies to help facilitate partnerships on upcoming projects. Ken says, “It was a real honor to attend the Summit, connect with so many other Veterans and supporters of Veterans, and receive such a prestigious award from the New Jersey State Veterans Chamber and The American Legion. My business, Minuteman Press in Newark, is a small, Veteran-owned franchise, and an event like this is really helpful and inspiring to me.” Ken served in the US Army for 11 years and then earned his degree in financial services. Ken shares, “I worked as a Federal Bank Regulator for 12 years and then entered the private sector working for companies like PwC and Citibank. I decided to research franchise opportunities because I wanted to be my own boss.” In 2019, Ken bought Minuteman Press in Newark. He took over the successful business from Holly Kaplansky, who retired after owning and operating Minuteman Press in Newark for 15 years. Ken says, “At its core, Minuteman Press International is a family-owned business. I went out to Long Island and CEO Bob Titus talked to me for an hour and a half. I was looking for a printing franchise that had that family-like atmosphere and wasn’t so corporate. The other franchises I looked into just didn’t have that same feel to them where I felt comfortable like I did with Minuteman Press.” As for why Minuteman Press is the right fit for Veterans, Ken shares, “I feel like this is my business and yet Minuteman Press provides me with that security blanket of local support and guidance. I have no printing experience and the training and ongoing assistance from Jim Galasso and the local field staff here in Newark really helps me. I know I can contact anyone in the company and they will respond and be there without breathing down my neck all the time.” When asked about the rewards of owning his own business, Ken’s first inclination is to say, “Work life balance. That is something I feel like I have even though I am working hard and always on. I love the challenge of running my own business and being responsible for everything. I spent a lot of time in corporate America making money for other people and I wanted to do this. There are ups and downs but it’s on my time.” Ken’s advice for others who are looking into business ownership or franchising is, “I would say that I looked at a lot of businesses. Find something that is a good fit for you, and find a franchisor that has what you’re looking for. I spent several months doing my due diligence, and once you make that decision, you have to be committed.” For more information on Ken Tays’ Veteran-owned Minuteman Press business in Newark, NJ, visit https://www.mmpnewark.com. Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com. Contact Details Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

June 07, 2022 10:00 AM Eastern Daylight Time

Image

CargoX Blockchain Technology Takes Flight in Egypt

CargoX

LJUBLJANA, SLOVENIA - (June 06, 2022) - CargoX, the leading company specializing in the digital transfer of trade documents, extends its business engagement with the Egyptian government by providing advanced Blockchain Document Transfer (BDT) services as a core component of the Advance Cargo Information (ACI) system implementation for airborne cargo. The Advance Cargo Information (ACI) system aims at providing business intelligence and governance mechanisms to the government before cargo loading from ports of export, facilitating cargo clearance procedures, creating transparency and audit trail for cargo movements within a paperless ecosystem by digitizing shipment documents transfer using CargoX BDT services. The ACI system is a core component of Egypt’s national single-window platform for international trade (NAFEZA) that is operated by the Public-Private-Partnership company Misr Technology Services (MTS). “The NAFEZA single window platform for digitalization of ocean-freight trade document transfers between Egypt and companies worldwide is an unprecedented success. It is used by more than 90,000 companies and entities worldwide, and we continue building this momentum by adding air cargo documentation processing. This will bring the number of points of entries to 30 – including airports, seaports, dry ports, border posts, free zones, and bonded warehouses,” said Captain Ossama Al Sharif, MTS Chairman & CEO. Background information: Misr Technology Services (MTS) authorized CargoX to be the gateway between the international trade community and the Egyptian national single window for international trade (NAFEZA) by providing blockchain-document-transfer services since January 2021. CargoX platform includes built-in automated workflows for Blockchain Document Transfer (BDT) where the ultimate level of immutability, transparency, reliability, and accountability is achieved. CargoX launched its BDT services on a “TRIAL” basis as early as March 2021 to serve seaborne cargo. The services became “LIVE” as of October 2021. Within this context, cargo shippers pre-lodge shipment documents and data electronically in a secure and prompt manner to ensure that import security screening and customs procedures on the Egyptian side can be accomplished prior to shipment arrival to Egyptian seaports. Since its implementation in seaports, the project has surpassed all expectations. CargoX blockchain solution was used seamlessly and safely to transfer more than 1,500,000 actual trade and finance documents to serve more than 100,000 customers. By providing reliable document transfer services, the CargoX Platform has become the fastest-growing blockchain platform in the logistics industry. It represents one of the most compelling cases for the adoption of the blockchain as a critical tool for streamlining global trade and commerce, as well as business-to-government communication. “NAFEZA has become a unified channel for customers exporting to Egypt by sea, and now also by air. The ACI system will expedite shipment clearance, reduce cost, and eliminate the risk of delays or loss of documents. We are proud that Egypt is yet again a global innovator and a key reference for modernization,” said Gamal Kotb, MTS General Manager. In the sea freight use case, the benefits resulting for users from the adoption of the blockchain technology include a reduction in the average cargo release time from 29 days to 9 days with a notable reduction in container demurrage and storage fees. Compliance costs for shippers in the maritime sector have also been slashed from more than USD$600 to USD$165, or less as a consequence of the move onto the blockchain. In air freight, the real-time delivery of documents will play an even more essential role, as cargo travel times are much shorter, and processes run with higher task frequency. “Mr. Stefan Kukman, CEO of CargoX said, “CargoX is proud to be developing the most cutting-edge digital solution for global trade - arguably the most important industry in the world,” “It is incredibly satisfying to already be working with some of the most selective companies in the logistics industry and forward-thinking governments that have made the CargoX Platform the fastest-growing blockchain platform in the logistics industry,” —Kukman added. About CargoX CargoX Ltd is a global company specializing in document transfer solutions, based on blockchain transactions and an ownership validation platform. The core team of founders brings together more than 100 years of experience in the logistics, banking, programming, IT and blockchain industries. Users of CargoX’s BDT platform can upload or create electronic trade documents and then transact ownership of them like money through a global bank, at any time, with the following benefits: ● Irrevocable transfer of ownership of the documents ● Unbreakable, neutral, public Ethereum blockchain ● The audit trail of events is only available to the participants involved ● Confidentiality and full protection of data, identity and business connections ● More than 65 document types are supported (eBL, eLC, Certificates, Contracts, Invoices) Contact Details CHARLIE PESTI —The world’s best publicist for supply chain technologies. Charlie Pesti +1 267-439-4355 charlie@pesti.io Company Website https://cargox.io/

June 06, 2022 10:02 AM Eastern Daylight Time

GSBA AND COMCAST RENEW RELIEF EFFORT FOR SMALL BUSINESSES WITH THIRD ROUND OF “READY FOR BUSINESS FUND”

Comcast Washington

Following the success of the Ready for Business Fund in 2020 and 2021, GSBA – Washington’s LGBTQ+ and allied chamber of commerce – and Comcast are renewing the Ready for Business Fund relief effort this year to provide more than $200,000 in grants to eligible small businesses throughout the state. Starting Monday, June 13, small business owners may find more information and apply for Ready for Business Fund grants at theGSBA.org/ready-for-business. According to a 2022 survey, almost all small businesses (97%) are concerned about inflation, and rising costs are the most significant threats small businesses currently face. Boosting revenue from online sales has now become the No.1 priority for small businesses. To offer some relief and help small businesses continue to grow and adapt, the Ready for Business Fund will provide $2,500 cash grants to more than 80 small businesses throughout Washington. Emphasis will be placed on small business owners at greater risk, including people of color, women, and members of the LGBTQ+ community. Small businesses located in rural areas of Washington will also be considered. “Runaway inflation and increased expenses are hitting our small businesses hard in Washington,” said Ilona Lohrey, GSBA Deputy Director. “Providing a cash grant with wrap-around services to promote visibility and support is critical as more small businesses use more digital technology to drive online revenue. $2,500 may not seem like much, but for these small business owners, a microgrant may be what is needed to invest in a website, help build online sales tools, launch a social media effort, or purchase new technology.” “Small businesses play a critical role in our local economies. They provide jobs and serve our communities throughout Washington. They need our continued support to meet new economic challenges, and we want to help them,” said Diem Ly, Community Impact Director, Comcast Washington. “That is why we believe the Ready for Business Fund is so important. Small businesses across the state need the relief.” The Ready for Business Fund was founded in the summer of 2020 with a $100,000 investment from Comcast and GSBA as the fund manager. Over the past two years, the fund has distributed $2,500 cash grants to more than 120 small businesses in Washington. The Ready for Business Fund was renewed this year with $75,000 in funding from Comcast and GSBA, reprising its role as the program and fund manager. Grants from the Ready for Business Fund will be made possible by more than $150,000 in additional donations from Pepsi, T-Mobile, US Bank, Meta, and Verity Credit Union and a $100,00 grant from King County. About GSBA Established in 1981, GSBA is Washington State's LGBTQ+ and allied chamber of commerce and is the largest of its kind in North America. The chamber represents over 1,400 small business, corporate, and nonprofit members who share the values of promoting diversity, equity, equality, and inclusion in the workplace. GSBA proudly serves as a connector across the region, bringing communities together through business while advocating for civil rights and small business. GSBA also promotes LGBTQ+ tourism through Travel Out Seattle, advocates for small businesses in Seattle’s Capitol Hill Neighborhood through the Capitol Hill Business Alliance (CHBA) and invests in the next generation of LGBTQ+ and allied leaders through the GSBA Scholarship & Education Fund. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Andy Colley Andy_Colley@Comcast.com GSBA – Washington State’s LGBTQ+ & Allied Chamber of Commerce Cade Schmidt Cades@thegsba.org Company Website https://www.thegsba.org/business-resources/ready-for-business

June 06, 2022 04:00 AM Pacific Daylight Time

Freight Rate Transparency gains traction in Freight Forwarding – SHIFEX by Shifl

Shifl

Digital forwarding and supply chain platform Shifl has announced the launch of SHIFEX, an Ocean Spot Freight Rate Index for container shipments which is now available on their website ( https://shifl.com/index ). The recent and continuing unprecedented chaos in the freight markets has brought the dire need for transparency and visibility into actual ocean freight rates. Shabsie Levy, CEO and Founder of Shifl, said he often found thousands of dollars of disparities between reported and actual freight rates on the market. “In the current market condition, just about no one can afford to pay hundreds and sometimes thousands of dollars more for moving a single container,” said Levy. SHIFEX provides live insights into ocean freight rates. It tracks and displays the average ocean spot freight rates for 40'containers (FEU) on main Transpacific routes at any given period. Freight rate transparency and accuracy have always been touted as core business values. They improve customer engagement, build trust, and increase productivity in an industry that has been opaque. “By leveraging our existing technology, we are helping shippers benchmark the freight rates they should be paying for their shipments and help them better plan their order placements and inventory” said Levy. By analyzing its own data of actual bookings and shipments, Shifl was able to alert the market in advance of the drastic changes in the ocean spot freight rates across the volatile periods in 2021 and 2022. Eli Gelbman of The New York Doll Collection a company that manufacturers and sells childrens dolls and accessories says, "I am pleased that Shifl is launching SHIFEX. As a regular importer, we have been following Shifl's rate data in their market reports which has helped us tremendously in managing the volatility in the freight market. Having the same info now on-demand, will allow us to make better supply chain decisions, and improve efficiency in costing and in planning our orders." More about SHIFEX SHIFEX, the first ocean spot freight rate index by a US freight forwarder, provides live insights into ocean spot freight rates as it tracks and displays rates that are applicable on the Trans-Pacific route. SHIFEX is based on the actual spot freight rates quoted and/or paid for moving shipments on the Trans-Pacific route and is therefore a true reflection of the prevailing market conditions in the freight forwarding spot market. SHIFEX is offered as a free service by Shifl and covers Port to Port container spot freight rates. SHIFEX includes all commonly applicable surcharges, —including but not limited to BAF (Bunker and/or Emergency Bunker Adjustment Factor), CAF (Currency Adjustment Factor) ISPS (International Security Port Surcharge), PCS (Port congestion surcharge). The index provides past and current freight rates with the option of tracking rates on a 3, 5, 12 and 18 month basis from the base ports of China to both Los Angeles and New York. In addition to freight rates, Shifl is also planning to include its highly popular vessel transit and container dwell data and add spot freight rates of other trade lanes to SHIFEX so customers can track the past and current performance of these metrics as well. SHIFEX complements digital offerings that include Shifl.com, the digital forwarding and supply chain platform, and Shifl.capital, the cutting-edge FinTech solution designed to make business transactions easier for supply chain companies. About Shifl Shifl is leading the supply chain industry into the future with technology and innovation that brings a huge array of real-life benefits to its users. If you are a shipper looking to bring your business into today's digital age, be more in control, and pay less overall - Shifl is for you. Shifl is headquartered in New York and maintains a presence in China, India, Vietnam, Malaysia, Bangladesh, Georgia, DR, and The Philippines. To learn more, visit https://shifl.com. Contact Details CHARLIE PESTI Priyanka Ann Saini +91 98332 68264 priyanka@pesti.io

June 06, 2022 12:00 AM Eastern Daylight Time

1 ... 143 144 145 146 147 ... 197