Princeton TMX announces a strategic partnership with OpenTug to integrate OpenTug’s marine logistics capabilities into the Princeton TMX system.
August 30, 2024 - Alexis Mizell-Pleasant - Princeton TMX
Princeton TMX announces a strategic partnership with OpenTug to integrate OpenTug’s marine logistics capabilities into the Princeton TMX system, allowing shippers easily book and manage terminal, barge and vessel capacity within the platform.
Seamless integration with OpenTug’s digital tool, BargeOS, allows shippers to compare quotes, book capacity and track shipments for barge shipments the same way as over-the-road, rail and intermodal transport. This not only streamlines the transportation management processes but unlocks additional opportunities for operational and financial improvement by enabling shippers to manage their entire transportation operations in a single system.
“Today’s supply chains are complex and businesses need to ship across multiple modes to reduce costs, manage risk and reduce their environmental impact,” says Mark McEntire, CEO, Princeton TMX. “Partnering with OpenTug allows us to provide comprehensive barge management capabilities—something lacking in most TMS offerings on the market—to our customers. This integration helps facilitate intermodal transport by letting shippers manage truckload, less-than-truckload (LTL), rail and barge seamlessly on one platform.”
Key Takeaways:
OpenTug blends traditional automatic identification systems (AIS) location information with GPS devices deployed onto barges to provide situationally aware mapping to enable accurate ETAs, unparalleled data and quick decision-making. OpenTug also provides a marketplace that gives shippers access to thousands of barges, tugs and terminals across more than 25,000 miles of marine highways, and its software enables operators to automate pricing, routing, booking and tracking.
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