Is the market rising or is it falling? Did this question ever cross your mind?

SENSEX! I am not talking about that but you are close enough! Ever seen an index for global freight? Look no further. Introducing GFI, GoComet Freight Index.

GoComet Freight Index is a shipping index reflecting the fluctuation of spot rates (port pair wise) in international shipping.

GFI is based on data aggregated from shippers, freight forwarders and carriers who use the GoComet Platform for export freight negotiation

The data is obtained real-time from the carriers as well as the freight forwarders on which shippers have booked their cargo, giving a precise representation of the prevailing market rates.

The GFI can help you in the following ways:
1. Budgeting, Reporting and Analytics: By providing you with constant flow of accurate and reliable data for your trade routes, you can pre plan your budgets for your operations and use reports to later evaluate and analyse freight performance.
2. Negotiating: By knowing the market rates for your trade lanes, you can negotiate better with your forwarders and squeeze out their margins to get maximum savings.
3. Become Market Leader: GFI can give you an idea about the current market rate. Then it is upto you to strategise and become the leader in your market.

And the best thing is that it is free of cost!

So what are you waiting for? Go and subscribe today.