SEATTLE--(BUSINESS WIRE)--A new start-up is aiming to make life significantly easier for companies engaged in trade between the US and China. Seattle-based Globatom is introducing an intuitive, cloud-based solution that promises to bring the $160 billion global freight forwarding services business into the 21st century while saving clients an average of 25% versus costs for traditional methods.
The Globatom platform uses a seamless blend of digital processes coupled with manual interactions to provide a more comprehensive, virtually turnkey solution versus more limited existing competitors like Flexport and Freightos. One of the exciting elements of the Globatom dashboard is a visual map that shows businesses exactly where their products are in-transit. Globatom will also provide real-time cost and time estimates to help clients determine whether air or ocean transit makes the most sense for a given shipment.
According to Globatom founder Daniel Acosta: “US exporters have long suffered from a mysterious mix of middlemen who practiced an array of archaic manual steps that are increasingly unnecessary in the new digital world. Globatom provides a unique comprehensive approach that will revolutionize, simplify and illuminate the import/export process over the next decade much as the internet has transformed other industries such as newspapers, television and advertising.”
The need for a technology revolution for the freight forwarding industry has been validated by a leading industry association, The Transpacific Stabilization Agreement, whose spokesman Niels Erich stated: “The right technology is badly needed.” The Globatom digital platform itself has received rave reviews from a variety of interested parties in the freight-forwarding ecosystem. David Bruck, CEO of a fast-growing chemical distribution company called Tryline, says: “Globatom opened our eyes to the unnecessary expenses we were incurring in our exporting of chemical ingredients to China.”
The Company, which is just now looking for seed funding, was one of five finalists in a recent Washington Technology and Industry Association start-up competition that included over a hundred companies. The platform is in its final stages of development and will complete beta testing with a number of interested businesses this Fall.
Globatom (www.globatom.com) is a new cloud-based, end-to-end digital platform that promises to revolutionize the freight forwarding services industry. The Company plans to enter beta testing this Fall and is soliciting requests from businesses engaged in US/China trade.