Forwarders can use logistics marketplaces to cater to small shippers that want to be able to secure international freight capacity, a group that is expanding during the COVID-19 pandemic, the head of Freightos’ marketplace told JOC Uncharted this week.
Freightos news and analysis. Get the latest news about Freightos and the technology industry.
28 Jul 2020
The air cargo industry is gradually moving to electronic bookings between forwarders and airlines, but the evolution could still take time if previous digitization initiatives in the industry are any indication.
02 Jun 2020
Alibaba has tied up with logistics software provider Freightos to provide logistics services on its business-to-business platform while also allowing buyers to extend payment terms to sellers.
19 May 2020
A partnership between airfreight software specialist WebCargo and cargo airline management platform IBS will enable carriers to quote more efficiently, and electronically, to forwarders.
22 Apr 2020
A spike in demand for less-than-containerload (LCL) service suggests US importers are limiting shipping costs by not importing items that may not sell during the COVID-19 pandemic.
17 Mar 2020
The logistics software provider Freightos is the latest to react to an uncertain freight market by cutting staff, a move the company attributes to the effect the coronavirus disease is having on supply chains and the financial ecosystem.
27 Feb 2020
The freight rate marketplace provider Freightos will include an option for shippers to add FedEx customs brokerage services on-demand as part of a broader deal between the two companies that also includes FedEx’s use of Freightos’ air cargo pricing and booking tools.
20 Feb 2020
Lufthansa Cargo will offer instant air freight quotes via an application programming interface with digital forwarder Fleet, a company in which the German airline invested in 2018.
04 Feb 2020
More than a year and a half after establishing a 40-foot container rate index on 12 global trades, the Baltic Exchange has started offering its daily Freightos Baltic Index as a benchmark for freight buyers.
19 Dec 2019
The survey found that 63 percent of quotes provided by forwarders were not instant, with manually generated quotes taking an average of 122 hours from the time a request was made.
26 Nov 2019
SaaS tools in the international logistics space have been relatively underfunded compared to other models, like digital freight forwarders and marketplaces, but investment in Seattle-based Logixboard could signal investors are ready for more pure software-based plays.
26 Nov 2019
An array of ocean freight portals, mostly developed by tech startups, have entered the Indian freight landscape in recent years, trumpeting pricing transparency and shipment visibility. But they have much ground to gain to seriously challenge traditional players.
05 Dec 2018
CMA CGM is the first carrier to participate on the marketplace hosted by Freightos, a technology startup that until now only provided aggregated rates to forwarders.
17 Sep 2018
A new breed of commercial solutions, mostly developed by startups, aiming to reshape price discovery and ease of quoting, has engendered new possibilities when it comes to freight derivatives.
06 Jun 2017
Online marketplace Freightos has extended its service offering to the United Kingdom after launching in the United States in 2016, targeting Britain's huge trade volume.
26 Jul 2016
Automating the freight booking process may be a little closer with the launching of an online marketplace for China-U.S. shipments.
12 Jun 2015
A test of 20 top freight forwarders’ online services produced a dismal set of results and revealed the distance still to be travelled before logistics companies are ready to offer efficient automated bookings.
29 Oct 2014
HONG KONG — Robert Mylod, the former Priceline CFO who played a major role in automating the online consumer travel market, has joined online freight pricing and quoting network Freightos, which plans to mimic the automated system that was such a game changer in the travel business.