Digital marketplaces for air cargo have added new features making it possible for logistics companies managing imports to instantly book export shipments from agents in another country without the hassle and time-zone delays of shopping quotes by phone and email.
It’s another level of connectivity for online booking portals that enable freight forwarders to search, compare and book cargo space across multiple airlines in real time. The simplified booking process is valued by logistics...
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China Southern Airlines, the largest cargo airline in China and 10th largest in the world by volume,...
https://www.freightwaves.com/news/china-southern-to-list-air-cargo-capacity-on-freightos-market
Freightos, a startup digital marketplace for booking international freight that signed a merger agreement less than three weeks ago to be publicly listed on the NASDAQ exchange, announced Thursday it has penetrated South America for the first time with the addition of LATAM Cargo.
The largest carrier in the region will now offer real-time pricing and instant booking to forwarders through Freightos’ WebCargo portal.
The cargo division of Chile-based LATAM Airlines Group has a fleet of 13 Boeing...
https://www.freightwaves.com/news/south-american-cargo-airline-joins-freightos-e-booking-platform
Freightos, a rapidly growing online marketplace for freight transportation, announced Monday that it has acquired Oregon-based rate management company 7L Freight to further enhance the instant airfreight pricing and booking capabilities of its WebCargo unit.
WebCargo is a multicarrier platform that connects airlines to freight forwarders, giving them automated pricing, quotes and reservations, much like travelers who book passenger tickets through sites like Kayak.com. The Freightos platform...
Online market Freightos, a global freight booking platform, has added a benchmark pricing index for airfreight alongside its daily composite of 40-foot container shipping rates known as the Freightos Baltic Index.
The weekly product, based on real-time transactional air cargo data, is a direct challenge to the Hong Kong-based TAC Index, the primary conduit for tracking aggregated pricing movement in the industry for several years.
The extreme volatility of air cargo rates and tight supply of...
https://www.freightwaves.com/news/freightos-takes-on-tac-with-new-airfreight-index
Data integration provider Chain.io has raised $5 million in a funding round led by Grand Ventures and Mercury Fund.
Officials for the cloud-based platform said they will use the funds to fill a number of positions in sales, engineering, customer success and more.
“We will be immediately deploying this capital to help expand our world-class supply chain integration network and help our customers develop their digital nervous systems throughout their extended supply chain,” Brian Glick, Chain.io’s...
https://s29755.pcdn.co/news/chainio-secures-5m-funding-round
Qatar Airways, the world’s second-largest cargo airline, has signed onto WebCargo’s digital freight marketplace, which gives freight forwarders the ability to quickly compare live rates and capacity, and electronically book shipments.
Logistics companies in France, Germany, Italy, the Netherlands, South Africa and Spain will be able to access Qatar’s real-time supply and instantly make cargo reservations beginning Feb. 7, the companies announced Wednesday.
As part of the launch, Qatar Airways...
https://www.freightwaves.com/news/qatar-airways-to-offer-capacity-through-webcargo-digital-platform