Innovative Strategies in Ocean Freight Auditing with Steve Ferreira
Join Grant Sernick in a deep dive discussion with Steve Ferreira, founder of Ocean Audit. Steve shares his unique insights and expertise in the world of ocean freight auditing, discussing common errors in freight invoices, innovative auditing strategies, and the critical importance of understanding the complexities of international trade. With personal anecdotes, industry trends, and practical advice, Steve reveals how businesses can recover significant funds through meticulous audit practices. This conversation sheds light on the nuances of the freight invoicing process and explores how technology and expert intervention can solve the challenges faced by Beneficial Cargo Owners (BCOs).
About
Steve Ferreira
Steve Ferreira has a 37-year background in global container shipping. He established Ocean Audit in 1994 when he realized general freight audit practices reverse no more than 50% of overcharges occurring in ocean transportation. Today, Steve’s process is leading edge and utilizes machine learning to identify and validate ocean freight invoice errors. Initial recovery validation can be accomplished with only a very basic requested client-side report. Steve Ferreira is often featured in leading business publications like USA Today, Journal of Commerce and as a guest commentator on CNBC.
