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CargoSmart Launches Next Generation Sailing Schedules Mobile App

Two Leading Ocean Carriers Attest to the Schedule Reliability App's Data Quality and Methodology

SAN JOSE, CA -- (Marketwired) -- 06/19/14 -- CargoSmart Limited, a global shipment management software solutions provider that leverages big data for greater visibility and benchmarking, today announced SSM+, a new version of its sailing schedules application for Android™ and iPhone®. For the first time, shippers and logistics service providers can view schedule reliability rankings in the sailing schedule search results screen so that users can quickly compare services and select the schedules that are the best fit for their supply chain planning.

Expanding ocean carrier alliances, skipped sailings, and slow steaming to conserve fuel are causing an increase in vessel schedule changes. Visibility to schedule reliability along specific routes provides transparency for shippers and logistics service providers to benchmark their carriers' on-time performance. "We are pleased to offer customers more information about their route options so that they can make informed decisions to improve planning and on-time delivery," said Kim Le, director of CargoSmart North America.

SSM+ allows users to access the latest sailing schedules and schedule reliability information anytime, anywhere. The free mobile application includes sailing schedule information for 27 ocean carriers and schedule reliability information for the top 30 ports, over 250 port pairs, 20 leading ocean carriers, over 12,000 vessel schedules, and over 200 services each month along four major trade lanes including Asia-Europe, intra-Europe, trans-Atlantic, and trans-Pacific. CargoSmart's schedule reliability data is updated weekly.

Ocean carriers have previewed the sailing schedule application's search results and rankings and praise the application for its data quality and ranking methodology. "When on-time performance is paramount, CargoSmart's application empowers our customers to select the services that best meet their needs," said Wan Min, managing director and director of the board of COSCO Container Lines Co., Ltd. "We are impressed with CargoSmart's sailing schedules and the schedule reliability results that reflect the on-time historical performance of our vessels."

The mobile application raises the bar of schedule reliability measurement with a new, defined methodology for calculating on-time performance. The application uses a designated timestamp for each port pair, based on an event-driven system architecture, to determine carriers' port-to-port reliability performance. "CargoSmart analyzes carriers' operational schedules to measure reliability," said Andy Tung, chief executive officer of Orient Overseas Container Line Limited. "The methodology provides a new industry standard to benchmark with and help carriers identify where customer service enhancements are needed."

"We collect and analyze schedule information from multiple sources including, but not limited to, the data ocean carriers provide," said Angela Tsang, head of product design and marketing of CargoSmart. "The new schedule reliability methodology measures carriers' operations in a neutral manner, enabling customers to save time managing big data to have a clearer view of carrier performance."

The free SSM+ application for Android and iPhone is available to download from Google Play™ and the App Store(SM). Currently, users can look up sailing schedules with schedule reliability results for one port of origin or destination of their choice. CargoSmart will offer expanded and customizable schedule reliability information to enable customers to continuously improve their shipment planning processes.

Download the application today: http://www.cargosmart.com/en/solutions/mobile.htm.

About COSCON
COSCO Container Lines Co., Ltd. (COSCON) has a fleet of 173 container vessels with the total capacity of 786,252 TEUs. With 178 ports for calling vessels in 60 countries and regions, it operates on 84 international routes, 30 international branch routes, 22 coastal routes in China and 77 branch routes in the Pearl River Delta and the Yangtze River. COSCON has almost 500 domestic and overseas sales and service outlets. COSCON attaches great importance to improving service quality and sticking to the principle of "Market-Orientation and Customer-Satisfaction." (http://www.coscon.com/)

About OOCL
"Orient Overseas Container Line" and "OOCL" are trade names for transportation provided separately by: Orient Overseas Container Line Limited ("OOCLL") and OOCL (Europe) Limited respectively and both are wholly-owned subsidiaries of Orient Overseas (International) Limited, a public company (0316) listed on the Hong Kong Stock Exchange. Headquartered in Hong Kong, OOCL is one of the world's largest integrated international container transportation and logistics companies, with more than 320 offices in 65 countries. Linking Asia, Europe, North America, the Mediterranean, the Indian sub-continent, the Middle East and Australia/New Zealand, the company offers transportation services to all major east/west trading economies of the world. OOCL is one of the leading international carriers serving China, providing a full range of logistics and transportation services throughout the country. It is also an industry leader in the use of information technology and e-commerce to manage the entire cargo process. (http://www.oocl.com/)

About CargoSmart
CargoSmart Limited provides global shipment management software solutions that enable shippers, consignees, logistics service providers, NVOCCs, and ocean carriers to improve planning and on-time deliveries. Connected to over 30 ocean carriers, CargoSmart leverages big data sources and a cloud-based platform to offer award-winning sailing schedules, visibility, documentation, contract management, compliance, and benchmarking solutions. Launched in 2000, CargoSmart helps over 130,000 transportation and logistics professionals to increase delivery reliability, lower transportation costs, and streamline operations. For more information, please visit www.cargosmart.com.

Android is a trademark of Google Inc.
iPhone is a trademark of Apple Inc.
Google Play is a trademark of Google Inc.
App Store is a service mark of Apple Inc.

Contact:
Christine Deihl
CargoSmart Limited
+1-408-921-7084
christine.deihl@cargosmart.com

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