Coforge, Estes Express Lines to offer next-gen solutions to T&L sector
Coforge, an Indian multinational information technology company, is reportedly planning to collaborate with Estes Express Lines, a privately owned American freight transportation provider to offer agile, next-generation solutions to the transportation & logistics industry. According to a statement by Coforge, the freight handling market has globally experienced several achievements in the last few years, which have augmented the demand for agile technology, allowing carriers to address market prospects and challenges smoothly, with less dependence on IT resources. This go-to-market unveiling is estimated to focus on a platform-powered application explicitly built to address multi-dimension pricing plans needed to produce excellent freight rates for brokers and shippers who rely on carriers like Estes for moving freight of all kinds around the globe. The Coforge Freight Pricing & Rating is a platform-based solution provided to carriers in Europe and North America. Todd Florence, CIO at Estes, said that the firm is devoted to building a technology that makes freight shipping seamless for customers and employees and could also help the rest of the LTL (less than truckload) industry do the same. He added that along with partnership, both the firms would be able to share the PRISM framework with other firms that can modify it to meet their detailed needs. About Coforge Coforge is a global digital service and solution provider. It fronts with its product engineering approach and leverages Data, Cloud, Integration and Automation technologies for revolutionizing client businesses into high-growth, intelligent enterprises. The firm is in 21 countries with 25 delivery centres across nine countries. It saw a 13% rise in net profit to Rs 207.7 crore ($26 million) on an increase of 5.1% in gross revenue to Rs 1,742.9 crore ($223.5 million) in Q4 FY22 over Q3 FY22. Recently, Coforge Shares rose to 2.55% at Rs 3,378.70 ($43.3). Source Credit - https://www.business-standard.com/article/news-cm/coforge-partners-estes-express-lines-122062000200_1.html