New York Shipping Exchange (NYSHEX)

Transforming the industry with the first digital exchange and forward freight contract

Founded 2015
51-200 employees
  • Information Systems
  • Headquarters address
    New York, NY

    Have you ever stopped to wonder how your computer, clothes, furniture or household goods made their way to your doorstep? Most likely, almost everything you own arrived here in a container on a container ship. Last year, the top two US ports alone handled 11.3 million TEUs (don’t worry, if you don’t know what a TEU is, you’ll know it well after touring an actual port with us)! It is a massive industry that we all rely on but don’t think about much because it’s been done the same way for decades without much change or innovation.

    The New York Shipping Exchange (NYSHEX) is the market created by and for the shippers, freight forwarders and carriers in the global ocean transport industry. Through fair practices, inclusivity and the introduction of the first forward freight contract, NYSHEX provides the alternative to the unpredictable spot market and volatility of freight rates. More than a platform or software, NYSHEX is an institution desired by every interest within the industry, a true market that could turn the industry’s inefficiency into a $23 billion economic opportunity. NYSHEX’s lofty goals are anchored by innovations that give carriers the ability to offer “all-in” contracts to shippers and forwarders that specify volume, departure date, and destination while enabling shippers to enter into fully enforceable contracts that can be exited, if necessary. Efficient, accessible and fair, the NYSHEX launches a new era in global ocean transport, in the same city where container shipping itself was born.

    Tech stack

    DevOps: Linux AWS & Docker, Services: Java8 & MySQL, UI: JavaScript HTML/CSS, Integration: REST SOAP sFTP & Queuing/Messaging Services, Testing: JUnit Arquillian Selenium Gatling, Python, React, Spring

    Benefits

    Compensation and retirement

    Performance bonus
    Stock Options
    401k plan
    401k matching

    Health and wellness

    Health insurance
    Dental insurance
    Vision insurance

    Vacation and time off

    Unlimited time off