Amphora Launches New ‘Freight Estimator’

‘Freight Estimator’ is a new module of Symphony FREIGHT which is part of Amphora’s Symphony Suite, used to optimize Trading & Support and Transportation Operations.

ZUG, Switzerland--(BUSINESS WIRE)--Amphora Inc., a leading software solutions provider of energy trading, risk management (ETRM) and logistics, is pleased to announce the launch of the new Symphony FREIGHT module ‘Freight Estimator’.

“The ‘Freight Estimator’ gives operators the opportunity to take better freight management business decisions, to maximize the efficiency and manage their operational risks more effectively”

Symphony FREIGHT is a maritime transportation management system, giving businesses complete control of their freight management throughout the whole logistical process.

With the launch of the new Symphony FREIGHT module ‘Freight Estimator’, users can calculate cargo break even rates and define complete ‘what-if’ scenario evaluations. ‘Freight Estimator’ will evaluate the deviation impact and perform stress testing against different scenarios to estimate potential losses.

“The ‘Freight Estimator’ gives operators the opportunity to take better freight management business decisions, to maximize the efficiency and manage their operational risks more effectively," noted Peter Carlile, President of Amphora – EMEA.

With the new ‘Freight Estimator’ companies can speed up their decision making and focus on what really matters – effective freight management.

For more information or a demo request please send an e-mail to [e-mail].

About Amphora

Founded in 1997, Amphora is headquartered in Houston, Texas with offices in Stamford, Zug (Switzerland); Singapore; and Hyderabad (India). Clients include significant physical players in the liquid hydrocarbon markets such as integrated oil companies, merchant traders, refiners, and marketers, utilities, and financial players such as banks.