Liebherr is well known, if you are interested in cranes and excavators. Nearly everybody of us has seen one of these machines in action.
In Juliy2020 one of Europe’s largest mobile cranes has lifted in a spectacular action a bridge as connection between the old and the new building of the miniature wonderland in Hamburg, the world largest model railroad layout.
Founded in 2019 and one year on the market eFrexx is used by our customers in many countries worldwide for the procurement of transport services for sea, air and land freight.
Now with Singapore another country in Asia was added. After implementing our solution in Europe (i.e. Germany, France, Austria, the Netherlands, Poland, Czech Republic, Great Britain) and USA the next step is the expansion to Asia. We prefer a franchise model, where companies establish the brand eFrexx in their home countries.
The order entry in the first half of 2020 have diminished around 16%, compared to the same period last year for the German engineering industry, said the VDMA (Organisation of engineering companies in Germany) last week. The reduction of orders from outside Germany was exceptionally.
The reason is not only the corona crisis, but also the trade dispute. The comparison is difficult, because the last year was extraordinarily good.
Sorry, dear logisticians, but this is a compliment for our software department – you have to be strong for a moment.
When we decided to develop a solution for savings of transport costs for shippers, we first had to choose the best software architecture.
Obvious was that Java is the base. But the existing development frameworks were too slow and “clumsy” for us. So our “softworkers” developed an own new framework.
The corona crisis stopped aviation nearly completely. The reduction of passenger flights had also large impact on air freight. Nearly 50% of all air freight was transported with passenger planes, because their net of destinations is larger and the flight frequency is higher.
In Corona times with a limited offer of flights the transport costs are much higher. The costs can be three times higher than the normal freight rates.
Corona brought severe losses for export-oriented companies. Compared to last year export decreased around 30%. These losses can’t be compensated in short term.
Surprisingly it is Denmark. APM-Maersk is first with 653 ships. Directly followed with a land without access to the sea – Switzerland. The shipping company MSC is second with 552 ships.
The French CMA CGM follows with 490 ships and COSCO from China is on rank four with 471 ships.
eFrexx was founded nearly a year ago and we are looking back on 12 busy and eventful year. Registered in July 2019 we are sure still a start-up, but our track record in logistics started more than 20 years ago.
We are glad that we found a very experienced sales for our team. Johannes is already an investor in eFrexx and will support our strategic sales. His focus is the akquisition of new industry customers for our eSoeurcing platform for transport services and the expansion of eFrexx to South and Middle America.