EKA launches cloud-based private freight marketplace solution

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Clarissa Hawes 07/23/2019

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EKA Solutions recently launched MPlace, which allows larger shippers and brokers to create private marketplaces where they can trade with “trusted providers in a more precise, automated and real-time manner,” the company said in a release.

“We provide technology solutions that are very efficient and at a lower cost,” JJ Singh, founder and chief executive of EKA, told FreightWaves. “We already focus on small and medium-sized brokers, shippers and carriers, so we thought larger brokers and shippers could benefit from our solutions.”

The company launched its unified, cloud-based Omni-TMS (transportation management system) platform for small and medium-sized brokers, carriers and shippers in 2018. Its is now offering some of the capabilities of its software platform to larger shippers, brokers and carriers “in a way that can complement their existing TMS platforms and help them meet today’s more dynamic logistics environment,” the company said. 

For example, if a large shipper needs a load hauled in a new freight lane, one of its employees can go onto MPlace and find partners in its own private space and not have to go out to the spot market or load boards,” Singh said.

“Utilizing the EKA MPlace, customers reduce direct labor, transportation spend and contracting risk while providing end-to-end visibility, audit and analysis,” Singh said.

EKA Launches Private Freight Marketplace Solution

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Read the original article here:
https://www.truckinginfo.com/336424/eka-launches-private-freight-marketplace-solution

While EKA's TMS is designed for smaller businesses, it realized large shippers and brokers could benefit from features allowing them to work with trusted partners to cover freight that wasn't part of long-term contract route maps, without having to shop it to the spot market.
 - Photo: Gettyimages.com/PeopleImages
While EKA’s TMS is designed for smaller businesses, it realized large shippers and brokers could benefit from features allowing them to work with trusted partners to cover freight that wasn’t part of long-term contract route maps, without having to shop it to the spot market.Photo: Gettyimages.com/PeopleImages

EKA Solutions last year launched a unified, cloud-based Omni-TMS platform for small and medium-sized carriers, brokers, and shippers. Now the company is offering some of the capabilities of its freight ecosystem to large shippers, brokers, and carriers in a way that can complement existing TMS platforms and help them meet today’s more dynamic logistics environment.

The EKA MPlace lets shippers and brokers create private marketplaces where they can trade with their trusted providers in a more precise, automated and real-time manner, according to the company. The solution is easily configured to resolve, among other things, the many instances where traditional route guides don’t meet market needs for speed and price flexibility.

A shipper may have a new customer or a new lane not covered by its existing long-term carrier contracts and route guide, EKA President Mark Walker told HDT. “They don’t just want to shop it out to just anybody” in the spot market, he says. “Shippers can put that shipment [in mPlace] so their trusted carriers and brokers can see the load and make a longer-term deal.”

“Customers reduce direct labor, transportation spend and contracting risk while providing end-to-end visibility, audit and analysis,” said JJ Singh, EKA founder and CEO.

EKA Solutions says its cloud-based software-as-a-Service (SaaS) Omni-TMS empowers small and medium size broker, carrier and shipper businesses to operate from quote-to-cash with affordable, cloud-based digital tools.

HDT selected EKA Omni-TMS® as one HDT’s Top Products for 2019

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HDT Editorial Advisory Board selected EKA Omni-TMS® as one HDT’s Top Products for 2019. The selection was made by evaluating the product’s innovation, ability to address significant issues and, finally, based on potential to affect a fleet’s bottom line.E

Please click on the following URL to see the inclusion of EKA Solutions in the 2019 Top 20 Products announcement by Heavy Duty Trucking https://www.truckinginfo.com/325266/hdts-top-20-products-of-2019

EKA announces roll-out of MPlace®

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EKA Solutions, Inc., announces that it has expanded the capabilities of its unified EKA Omni-TMS ® platform to extend SaaS freight Eco-System solutions to complement the existing systems for the largest shippers, brokers and carriers.

The EKA MPlace® enables shippers and brokers to create private marketplaces where they can trade with their trusted providers in a more precise, automated and real-time manner.  The solution is easily configured to resolve the many instances where traditional route guides don’t meet market needs for speed and price flexibility. “Utilizing the EKA MPlace® customers reduce direct labor, transportation spend and contracting risk while providing end-to-end visibility, audit and analysis,” said JJ Singh, Founder, Investor & CEO of EKA Solutions, Inc.

About EKA Solutions, Inc.

EKA solutions, Inc., provides the Smart, Unified Platform EKA Omni- TMS® for – Virtually – Everyone. EKA Omni-TMS ® is the cloud-based SaaS freight Eco-System designed to transform the $800-billion transportation and logistics industry.  It empowers small and medium size broker, carrier and shipper businesses to operate from quote-to-cash with affordable and best-in-class digital tools, enabling the higher performance demanded in tomorrow’s supply chain.  With real-time information, EKA Omni-TMS® enables brokers, carriers and shippers to provide visibility and appropriate transparency, as they fluidly trade across an expanding and verified network with key, trusted partners including support vendors in their safe, secure business neighborhood. Take your business to the next level by visiting our website www.go-eka.com and requesting a product demo and a consult with an experienced EKA sales person.