Oslo-headquartered Xeneta AS, an ocean and air freight rate benchmarking and market analytics platform, announces the acquisition of fellow maritime and supply chain data company eeSea, aiming to broaden the scope of data available to customers in evaluating and optimizing containerized freight. 

Founded in 2015 and headquartered in Copenhagen, eeSea is a maritime and supply chain intelligence company. On the other hand, Xeneta provides market insights, optimization reports, and freight, service level, and vessel data.

Xeneta AS said that by adding eeSea’s market-leading global schedule, transit time and reliability data to their existing range of freight rate data, will enable BCO procurement teams to manage freight contracts and suppliers based on service levels, and not just cost, to get the right service at the right price, no matter what the market conditions.

“Today marks a key milestone for Xeneta; coming together with eeSea, and combining our data and skills, furthers our shared mission to bring transparency and efficiency to how ocean freight is bought and sold,” said Patrik Berglund, Xeneta’s chief executive officer.

“Our combined data sources and coverage will provide customers with more actionable intelligence to control freight spend, as well as delivery reliability,” he added.