ONEMARKET is a cloud-based digital marketplace that facilitates the buying and selling of full container loads (FCLs) through an intermodal container exchange with trade matching, clearing, and settlement features. By providing real-time access to spot and historical trade route pricing, it ensures freight forwarders can compete for optimal pricing while guaranteeing sellers timely and complete payments.
Funding
$130K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The process of buying and selling full container loads (FCLs) in the freight industry often lacks transparency and efficiency, leading to suboptimal pricing and payment uncertainties for both buyers and sellers. Freight forwarders struggle to access real-time market data and secure competitive rates, while sellers face risks associated with delayed or incomplete payments.
Solution
OneMarket is a cloud-based digital marketplace designed to streamline the buying and selling of FCLs through an intermodal container exchange. The platform offers trade matching, clearing, and settlement functionalities, providing real-time access to both spot and historical trade route pricing. This enables freight forwarders to compete for optimal pricing by leveraging up-to-date market information. Simultaneously, the platform guarantees sellers timely and complete payments, mitigating financial risks associated with transactions.
Target Audience
The primary target audience includes freight forwarders seeking competitive pricing and sellers aiming to secure timely and complete payments for FCL transactions.
Features
- Real-time spot and historical trade route pricing data
- Intermodal container exchange for efficient trade matching
- Automated clearing and settlement features
- Secure payment processing to guarantee timely and complete payments for sellers
- Cloud-based platform accessible from anywhere