EKA Solutions, Inc., provider of a cloud-based integrated freight management ecosystem platform, dFEMX™, and cloud-based end-to-end supply chain Omni-TMS™ platform for carriers, brokers and shippers announced today a strategic channel partner collaboration with FreightWaves. The strategic collaboration will offer SONAR data visualization tools for brokers, carriers, and shippers with forward-looking analytics on freight movements including rates, volumes, and market dynamics.
“EKA is excited to work with FreightWaves, the global leader for freight market analytics and forecasts. We are seeking to offer a seamless user experience where EKA users can simultaneously access SONAR products through EKA Omni-TMS™ platform and use it seamlessly to make pricing decisions. The goal is to increase EKA customer productivity and improve profitable decision making,” said JJ Singh, Founder, Investor and CEO of EKA Solutions, Inc.
“Also, EKA smart pricing value-added tools will enable it to ingest SONAR actionable intelligence and blend it with unique customer data to deliver targeted and improved pricing decisions for each specific use case to each EKA broker, carrier and shipper customer,” said Mark Walker, Investor, President and Chief Digital Officer for EKA Solutions, Inc.
“Software and technology are accelerating the pace of innovation in the supply chain business and, among other things, delivering innovative capabilities to improve management of operations and eliminate uncertainty and doubt about market pricing and direction,” stated Craig Fuller, CEO of FreightWaves. “We’re excited to work closely with the experienced and talented supply chain leadership team at EKA Solutions, Inc., that understand freight price volatility, freight price risk and potential solutions to manage logistics price movement. The seamless integration of innovative SONAR actionable intelligence solutions with the price management solutions embedded in EKA Omni-TMS™ platform will accelerate the delivery of transformative price transparency solutions to meet the industry’s current and emerging needs,” added Fuller