What is a Private Exchange?
A Private Exchange is a closed user group, provided as a service by the Haulage Exchange.
It is a freight exchange network designed for groups of shippers and logistics service providers who wish to work together.
What can a Private Exchange do for your business?
By inviting your chosen suppliers to collaborate as members of your Exchange you will get visibility of your suppliers’ capacity, and achieve cost and carbon reductions while growing your business. All members benefit from increased opportunities and closer collaboration.
Private Exchanges are available for all sizes of operators. Smaller groups can operate a contract exchange, while complex multi-division, multi-contract logistics service providers can operate a Corporate Exchange, made up of a series of defined customer groups each of which forms a Contract Exchange. Members within each closed Contract Exchange collaborate for the handling of
loads and vehicle movements.
- Reduced carbon footprint
- Faster, cheaper better transaction handling per employee
- Quicker invoicing of customers, no orphan transactions
- Audit trail to manage service provision
- Visibility of gross rolling margin for your subcontractor spend