Timocom Expands Access to Freight and Warehousing Exchange

24th March 2020

Logistics BusinessTimocom Expands Access to Freight and Warehousing Exchange

Freight exchange Timocom has reacted to the current circumstances by lifting IP restrictions and facilitating home office use.

The host of Europe’s leading freight exchange, Timocom is expanding access options for their logistics system in light of the current crisis. “We want to do our part and help ensure that there are no shortages and that delivery chains continue to function as normal, even given the current exceptional circumstances,” says Timocom Managing Partner Tim Thiermann.

As a result, customers can immediately switch their IP-bound licence to one independent of location, and, after verification, carry out their transport and logistics business from their home office. In addition, Timocom is opening their network of more than 43,000 companies to all those who do not currently have access to a resilient network of transport and logistics partners, so that they can continue to supply their customers with sorely needed goods.

“Here, too, we plan to help quickly and without any bureaucracy,” Thiermann emphasises. Anyone who registers as a new customer can use the Timocom system for the entirety of the next quarter, without fees or contractual obligations. Particularly in the event of short-term delivery bottlenecks or disruptions, or a need for storage space, companies can find replacements in the existing customer network.

Up to 750,000 freight and vehicle space offers from across Europe are entered into and processed via the Timocom system on a daily basis. In addition, over 7,000 logistics and storage spaces are available on the warehousing exchange. “As an IT service provider for the logistics industry, we have been part of the action for more than 20 years. Thus, we understand the challenges our customers are currently facing,” says Thiermann. “In the current situation, we need uncomplicated and immediate solutions that can help to ensure that the logistics supply chain remains intact.”