Xeneta is a digital platform that operates in the freight industry, serving both buyers and sellers of ocean and air freight. The company's primary function is to provide real-time, neutral data on freight rates, which is crowdsourced from shippers and forwarders. This data is used to help clients navigate the volatile freight market, where rates can fluctuate unpredictably and negotiating power can shift rapidly.

Xeneta's clients include some of the world's largest shippers and freight forwarders. These clients use Xeneta's data to monitor the market, identify opportunities and risks, and inform their budgeting and tender decisions. This helps them to operate a leaner, smarter, and more agile supply chain.

The company's business model is based on providing actionable intelligence to its clients. This intelligence helps clients to make informed decisions about where to send their cargo, when to send it, and at what rates. Some clients have reported achieving a return on investment (ROI) of up to 10 times within six months of using Xeneta's services.

Xeneta makes money by charging its clients for access to its data and insights. The company's data is based on over 400 million rates in its database, which gives it a comprehensive view of the freight market. This allows Xeneta to provide its clients with a holistic view of the market, helping them to make more informed decisions and ultimately save money.

Keywords: Freight, Shipping, Data, Real-time, Crowdsourced, Market Intelligence, Supply Chain, Shippers, Forwarders, ROI.