Case Study: Continental AG achieves market visibility and fair tender rates with Xeneta

Continental AG benchmarks $60bn+ in freight spend with Xeneta

Continental AG, a major automotive company, faced the challenge of negotiating ocean freight rates without full market visibility. Their complex, year-round shipping needs meant they had no objective basis to determine fair market prices during tenders, leaving them reliant on supplier-provided rates. To address this, they turned to Xeneta and its market analytics platform.

By implementing Xeneta's solution, which provides access to over 400 million freight rates, Continental gained the data needed to benchmark all tender bids against current market levels. The Xeneta platform provided an instant overview of market movements and was crucial for evaluating supply chain performance. This market intelligence gave Continental a critical business advantage, enabling them to strategically monitor volatility and negotiate optimal rates.

Continental AG