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CELARIX UPDATES RATE EXPLORER

CELARIX UPDATES RATE EXPLORER

   Celarix Inc., the Cambridge, Mass.-based provider of collaborative business networks, said Monday it has released Celarix Rate Explorer 8.0, a Web-based solution designed to improve pricing, contract and tariff management for ocean carriers.

   “With Rate Explorer, we’ve improved our ability to rate bills of lading through the use of calculable service contracts to 98 percent accuracy,” said Tom Pirie, vice president of trade management for Columbus Line USA Inc.

   The latest version of the software solution enables customers to “migrate completely from text-based service contracts to calculable service contracts,” said John Preuninger, executive vice president of Celarix.