Market Research Report: BlueCargo
1. Company Overview
Name and Mission
- Company Name: BlueCargo
- Mission: To envision a world where everyone at local transportation and logistics companies has the digital tools, data, and services they need to better serve global trade.
Founding Information
- Founded: In 2018
- Founders: Alexandra Griffon and Laura Theveniau
Key People
- CEO: Alexandra Griffon
- CPO: Laura Theveniau
Headquarters
- Location: 440 N Barranca Ave #6606, Covina, CA 91723
Employee Count
- No information is available
Revenue
- No information is available
Core Competency
- Specialization: BlueCargo is known for monitoring, forecasting, and mitigating detention and demurrage (D&D) charges at the port.
2. Products
Overview of Products
BlueCargo specializes in providing software solutions for freight audit, container tracking, operations scheduling, and invoice auditing.
Detailed Description and Key Features
BlueCargo Connect™
- Description: A tool designed for shippers, BCOs, drayage carriers, and logistics providers to track and manage shipments.
- Key Features:
- Visibility on container milestones
- Streamlined inventory planning
- Automated communication
- Audit and dispute demurrage and per diem charges
Scheduling Tool
- Description: Facilitates scheduling of operations in real-time.
- Key Features:
- Accurate vessel, terminal, gate, and empty appointment schedules
- Connects various data sources into a single source of truth
- Real-time updates
- Saves daily operational hours
Tracking System
- Description: Tracks shipments and maintains records across U.S. ports.
- Key Features:
- Real-time container status updates
- Comprehensive lifecycle audit of container activities
- Analysis of container movements
AI-Powered Invoice Audit
- Description: Automates invoice auditing process.
- Key Features:
- End-to-end invoice audit
- AI-powered rate, date, and restriction verifications
- Centralized invoice management
Fight Per Diem Tool
- Description: A specialized feature for auditing and disputing per diem bills.
- Key Features:
- UIIA-compliant documentation
- Real-time data integration
- Higher success rate in disputing per diem charges
3. Recent Developments
Recent Product Launches and Features
New Products
- No information is available
New Features and Enhancements
- BlueCargo Time Machine™: Retro-actively retrieves back-up documentation for auditing invoices.
- Enhanced Real-time Container Tracking: Provides more precise in-terminal milestones.
- Improved Documentation Features: Enhanced UIIA-compliant documentation for better dispute handling.
Partnerships and Agreements
- Harbor Trucking Association: Helps in building a better-connected and more prepared industry.
Customer Success Stories
- GE Appliances: Saved $1.6M in detention and demurrage.
- Elite Lighting Corp: Managed to mitigate per diem fees for more than 70 containers.
- Forrest Logistics: Saved more than $4M in per diem fees, disputing an average of 80% of their bills.
Press and Recognition
- Harbor Trucking Association Endorsement: Highlighted for improving operational information sharing and industry preparedness.
- Customer Testimonials: Repeated positive feedback from various clients including Living Spaces, Forrest Logistics, and STG Logistics.
4. Conclusion
BlueCargo is a comprehensive provider of digital solutions focused on mitigating inefficiencies in port terminal operations. Their tools help logistics providers and shippers to effectively manage, track, audit, and streamline their processes at U.S. ports. The company continues to innovate the logistics industry with data-driven and AI-powered solutions aiming to save significant costs associated with detention and demurrage charges.