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Combining data streams to combat illicit trade in container shipping

October 19, 2023

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FreightWaves recently chatted with Stefan Kalmund, CEO of technology platform provider Nexxiot, and Werner Fontanive with Deloitte Consulting to discuss a new offering between the two companies called KYX.

The offering, which is based off of Deloitte’s Know Your Client (KYC) and Know Your Cargo services, seeks to increase the data visibility of containers worldwide by tracking the physical location and status of containers alongside the financial aspects related to that container, such as any insurance belonging to that container’s goods. One of the goals of the offering is to help ports and others prevent illicit trade associated with container shipments.

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