EKA Launches Private Freight Marketplace Solution

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.