Magaya Accelerates Enhancements to Digital Contract Exchange, Bringing Together Carriers and Forwarders
Miami, FL – May 6, 2021 – Magaya Corporation, the leading provider of end-to-end logistics and supply chain automation software, today announced a major R&D investment to drive additional automation capabilities for DCX, the Digital Contract Exchange for Catapult QMS, bringing together ocean carriers and forwarders at new heights of speed and efficiency.
In the face of unforeseen rate volatility, DCX is designed to enable faster, easier, and more accurate transfer of rate data between ocean carriers and freight forwarders or shippers.
With DCX, forwarders benefit from a faster speed to market and more accurate rates that enable them to better manage profit margins. Plus, DCX brings together carrier rates and customer quotes within the same platform, eliminating communication barriers and delays while delivering greater operational efficiency.
Carriers will appreciate the ability to streamline, automate, and dramatically accelerate the lengthy rate and distribution process, all with the modern and flexible connectivity options of DCX. Carriers will also leverage the Magaya network of clients to fast-track the adoption of digital contract exchange of rates for both long-term and spot rate products without requiring additional resources.
“At Magaya, we are driven by our passion for using technology to help businesses grow. DCX is yet another great example of how Magaya is innovating to eliminate barriers to growth, help forwarders increase operational efficiency, and streamline communications between important supply chain stakeholders like carriers, forwarders, and shippers,” said David Luttrell, Chief Technology Officer, Rate Management at Magaya.
About Magaya Corporation
Magaya Corporation develops the leading platform in logistics and supply chain automation. Our Magaya Supply Chain solution, combined with our collection of apps and extensions, is a powerful ecosystem that enables logistics and supply chain businesses to streamline complex and redundant processes, optimize productivity, reduce costs, and grow revenue. At Magaya, we are passionately devoted to ensuring our customers’ success through our innovative solutions and comprehensive array of related professional services. We take great pride in our people, experts in the field of logistics automation, who are always willing to go the extra mile for our customers. Visit magaya.com to learn more.