Quotiss and Maritime Startup accelerators

A unique program supporting startups from the sea transport sector will be launched in 2017 in Gdansk, Poland. On 25 November 2016, the Port of Gdansk Authority SA along with the Gdansk Economic Development Agency and the Gdansk Business Incubator STARTER, signed an agreement initiating activities aimed at establishing a Maritime Incubator, to support new companies from the broadly-defined maritime sector and the […]

Startup Battle 2016 - II place for Quotiss

Quotiss, the President of Poland and Iron Maiden

Quotiss team has a huge reason to celebrate success – 2nd prize in a prestigious national Congress of Economic Development in Rzeszow, Poland (17-18 November, 2016) contest called Startup Battle. The Congress was patronized by President of Poland Andrzej Duda. Together with Polish Prime Minister Beata Szydło and Minister of Finance and Economic Development Mateusz […]

80% of the products and services being consumed today are different from those that were being consumed five years ago

Brian Tracy

Logistics Software as a Service

The massive growth of startup communities all over the world is one of the global trends nowadays. Internet of Things (IoT), Big Data, robotics, artificial intelligence (AI), 3D printing, cloud technology – startups disrupting traditional businesses in ways no one could have ever predicted. It is happening now, and either you are aware of it […]

Shipping industry — the biggest business that you know nothing about.

Rose George, British journalist

Container Shipping – 90% of everything

“Almost 90% of everything we buy arrives via ship”, writes Rose George in her mind-blowing new book “Ninety Percent of Everything”, which covers her months-long adventure with the shipping industry — the biggest business that you know nothing about.   Ninety Percent of Everything by Rose George   Rose George, a British journalist, spent months […]

Quotiss - freight management software

Why Do Freight Rates Change So Often?

In the previous post “Pricing Challenge in Container Shipping” we mentioned that it’s not easy to structure freight tariffs and send instant freight quotes. The reason being the high complexity of the transportation costs: up to 25 variable charges plus the overall rate volatility caused by the supply and demand imbalance. Looking at the whole end to […]

freight ratesheets

Quotiss Logistics Software Explained

Freight forwarding is a very complex business. There are hundreds of thousands of possible port pairs, multiple container types, millions of local exceptions. In addition, freight rates change frequently. There are also numerous surcharges applied on top of freight rates, and special premium/discount levels are negotiated for most of the customers. All of that results in millions […]

Freight ratesheets

Pareto Principle in Freight Forwarding

Over 100 years ago, Italian economist and sociologist Vilfredo Pareto noticed a few recurring distribution patterns, which led him to discover that 80% of results come from 20% of causes. This phenomenon was called the Pareto Principle or the ‘80/20 Rule‘. The 80/20 distribution patterns are so universal, that they apply practically everywhere, for example: […]