NYSHEXBlog
NYSHEX Announces First Close of Series C Funding Round Led by Collate Capital, Collaborating with ICE to Launch New Freight Rate Indices
New York, NY —The New York Shipping Exchange (NYSHEX), a leader in digital contracting and performance management for the container shipping industry, is excited to announce the first closing of its Series C funding round, led by Collate Capital. The round attracted significant participation from all major existing investors, including Growth Equity at Goldman Sachs Alternatives, NewRoad Capital, […]
NYSHEX Partners with MSC to Digitize Contract Performance
The New York Shipping Exchange (NYSHEX), a leader in digital shipping solutions, is pleased to announce our collaboration with MSC, the world’s largest shipping line, to enhance the digitalization of ocean freight contract performance.
Three Trends I Observed During Two Years on the Service Provider Side
By: Bryan Most It is super exciting for me to come back to an advisory role with NYSHEX after having spent the last couple of years on the 3PL and service provider side of the business.
What Is Shared Digital Infrastructure and What Is Its Role in Logistics?
In the fast-paced world of logistics, where supply chains stretch across continents and delivery windows are shrinking by the day, shared infrastructure plays a crucial role in keeping operations running smoothly.
Crocs, Inc. Vice President of Global Distribution & Logistics joins the NYSHEX Board
Mary McNelly, VP of Global Distribution & Logistics for Crocs, Inc. selected to serve as Shipper Representative Director
Not All “Contracts” Are Contracts – And That’s a Good Thing
SCFI spot rates have now dropped to $3,050/FEU to US WC and $3,545/TEU to Europe. Overall spot rates are down 27% from a month ago. At this point most shippers who signed contracts on the major global trade routes are looking at spot rates much lower than their contract rates. Many are wondering if they can either renegotiate their contract rates, or simply syphon contract cargo into spot […]
Thinking About Adopting an Allocation Management Tool? Here Are 3 Ways It Can Help
Freight management is constantly growing, generating tremendous interest in finding today’s best allocation management tools. Still, the connected world of freight management carries risk, especially as retailers move further away from handling each individual shipment.
NYSHEX Closes $25M Series B to Improve the Reliability and Efficiency of Global Shipping
Investment will accelerate the development of digital infrastructure for the global shipping industry. September 14th, 2022 – NYSHEX, the leader in ocean contract performance technology, announced a $25 million Series B funding round led by Collate Capital. In addition, Blumberg Capital, Goldman Sachs and New Road Capital participated, bringing the company’s total funding to $69 million.5 Signs You’re Ready to Add Allocation Management Software to Your Tech Stack
As noted by Shopify, businesses are searching for new ways to succeed in an evolving delivery economy, with e-commerce sales expected to crest $5 Trillion in 2022 and reach a staggering $6 Trillion by 2026. Yet, growth isn’t isolated to e-commerce. Change is occurring everywhere in the industry. However, shippers still struggle to handle the growing tech stack of solutions for managing their […]
