Market Research Report: NYSHEX

Company Overview

Name

The New York Shipping Exchange (NYSHEX)

Mission of the Company

NYSHEX’s mission is to unite shippers, carriers, and NVOCCs with a reliable, efficient, and trusted system for global commerce.

Founded

No information is available

Founders

No information is available

Key People

Gordon Downes - Chief Executive Officer

Sarah Conyngham - SVP of Product

Jeremy Haycock - Managing Director, Europe

Vineet Sahni - Head of Engineering & Product Development

Jackie Chen - VP of Finance

Kimberly Cockrell Corley - VP of Sales and Marketing

Yanzhi Hu - Managing Director, Asia

Glen Ives - Chief of Staff

Kristin Langdon - VP of People

Headquarters

No information is available

Number of Employees

No information is available

Revenue

No information is available

Known For

NYSHEX is known for enabling reliable and efficient shipping through digital infrastructure, and providing market infrastructure to help restore trust and reliability in global trade.

Products

Overview

NYSHEX offers a range of products designed to improve ocean supply chain performance through enhanced planning, risk management, exception handling, and data analytics.

Products Offered

1. Dynamic Plan

Description: A tool to adapt to new information, challenges, and opportunities by standardizing allocations and booking data across the ocean portfolio.

Key Features:

Establish data uniformity

Merge data with carrier data

Adjust plans in real-time

2. At-Risk Alerts

Description: Enables proactive risk management with predictive insights and customized alerts.

Key Features:

Predictive alerts for at-risk situations

Options for custom alert preferences

Strategic alignment with workflow for efficiency

3. Exceptions Hub

Description: A collaborative tool for navigating and resolving issues efficiently to maintain plans.

Key Features:

Real-time dashboard for active risks

Centralized collaboration

Comprehensive view of shipment exceptions

4. Ocean Analytics

Description: Provides actionable insights and data for continuous improvement of ocean supply chain performance.

Key Features:

On-demand data access

Customizable data visualizations

Metrics-driven performance improvements

Recent Developments

Recent Developments in the Company

September 14, 2022: NYSHEX closed a $25M Series B funding round led by Collate Capital. This investment is aimed at accelerating the development of digital infrastructure for the global shipping industry.

New Products Launched

No information is available

New Features Added to Existing Products

No information is available

New Partnerships

June 12, 2024: NYSHEX announced a partnership with MSC to digitize contract performance, enhancing the digitalization of ocean freight contract performance.

Conclusion

NYSHEX continues to innovate and drive efficiency in the logistics sector by offering cutting-edge digital infrastructure solutions. Their focus on collaborative and actionable data-driven tools positions them as a leader in transforming global commerce for more reliability and efficiency.