All Freightos articles – Page 2
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News
Freightos and WebCargo report rapid rise in online bookings in 2022
Online booking portal Freightos has seen a rapid increase in the number of bookings it has registered as the platform has continued to add airlines and the industry has continued to adapt to a digital environment.Freightos recorded a 154.3% year-on-year increase in transactions to 668,185 in 2022, while in the ...
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NewsFreightos and IAG Cargo drive digitalisation
IAG Cargo and Freightos are stepping into 2023 with an ongoing digitalisation partnership that has seen customer accessibility and useability go from strength to strength.In June 2019, cargo booking platform WebCargo by Freightos became the first live user of IAG Cargo’s digital APIs (Application Programming Interfaces).The partnership provides freight forwarder ...
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News
ANA Cargo to add capacity to WebCargo
Japan's largest cargo carrier ANA Cargo will add its capacity to online booking portal WebCargo early next year as the platform continues to expand its presence in Asia.WebCargo said that the launch is scheduled for the first quarter of 2023 and would give its forwarder users access ANA Cargo’s capacity ...
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News
Booking platform WebCargo adds China Southern capacity
China Southern Air Logistics will become the first Chinese carrier to offer China import bookings on the WebCargo platform.WebCargo said that China Southern would gain access to the platform's 3,500 freight forwarder users, while the forwarders would be able to see live rates and make bookings on services into China. ...
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News
China's air cargo supply chain faces more pressure
Freight forwarders are reporting a mixed picture of the current supply chain situation in China as Covid lockdowns continue following recent protests against the government's pandemic policy.China's pandemic measures are continuing to have a negative impact, although market rates remain similar to the previous week, according to Flexport.“The Covid outbreak ...
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Air cargo to join box shipping in 'overcapacity corner'
Air cargo faces a stint in 'overcapacity corner' next year alongside the ocean shipping sector, according to data analyst Xeneta.The data firm, which is parent to CLIVE Data Services, said that weaker volumes and higher capacity would result in overcapacity in air cargo next year.Ocean shipping is also expected to ...
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NewsMore to come from air cargo booking portals
Online booking portals still have many “exciting years of growth” ahead of them despite their rapid emergence over the last couple of years.On an IATA World Cargo Symposium (WCS) digitalisation panel chaired by Christopher Shawdon, head of business development, CHAMP Cargosystems, speakers agreed that booking portals had experienced rapid growth ...
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Emirates SkyCargo adds first third-party booking portal partnership
Emirates SkyCargo has added its capacity to a third-party online booking portal for the first time as it looks to expand its digital reach.The Dubai-based airline today announced that it would place its capacity on the WebCargo by Freightos portal.The airline said that the move would give customers "quick and ...
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News
Gesher and Freightos merger and listing plans progress
Publicly-traded special purpose acquisition company Gesher I Acquisition Corp. and cargo booking portal Freightos have progressed their plans to merge and list the portal on the NASDAQ exchange.In June, Freightos and Gesher entered into a definitive merger agreement to see the portal being listed on the NASDAQ stock exchange.The companies ...
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News
American Airlines Cargo expands WebCargo presence
American Airlines Cargo has expanded its presence on booking portal WebCargo with the addition of flights from 28 more countries.The carrier said the extra countries are spread across Latin America, the Caribbean and Canada."Following Europe and the US, this regional rollout onto WebCargo now includes a significant portion of the ...
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News
Freightos sees strong platform growth in Q2 2022
New business from airlines investing in digitalisation has helped global freight booking and payment platform Freightos achieve strong growth in the second quarter of 2022.Freightos recorded 150,000 platform transactions, resulting in growth of 163% year-over-year in the second quarter.Gross Booking Value (GBV) was $155m – up 137% year over year, ...
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News
American Airlines Cargo includes US network in WebCargo and 7L Freight bookings
American Airlines Cargo has started offering customers full access to its US network when booking on WebCargo and 7L Freight platforms.The airline, which operates more than 5,000 daily departures from the US, said it now provides a larger network for flights in and out of the US on WebCargo than ...
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News
Air Canada offers forwarders Europe bookings on WebCargo
Forwarders in Europe can now book freight with Air Canada Cargo on Freightos’ WebCargo platform.Services including real time pricing, capacity, and secure eBookings on Canada’s largest carrier are available in Belgium, France, Germany, Italy, Netherlands, Switzerland and the UK.In May, WebCargo said it was in the process of launching a ...
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NewsAmerican Airlines Cargo invests in digitalisation
Photo: IBS SoftwareAmerican Airlines Cargo is further digitalising its cargo operations by deploying IBS Software's latest iPartner Customer (iPC) solution to enable fast integration with online booking portal WebCargo, a Freightos Group company.IBS Software's iPartner Customer platform is equipped with out-of-the-box APIs that enable faster integration of airline cargo sales ...
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NewsFirst South American carrier goes live on WebCargo by Freightos
Photo: LATAM CargoLATAM Cargo has become the first South American carrier to offer real-time pricing and e-bookings to over 3,500 freight forwarders on WebCargo by Freightos.Real-time bookings with LATAM Cargo are available for WebCargo customers on 27 lanes with the possibility of connecting in South America.With LATAM Cargo, carriers representing ...
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NewsFreightos set for listing following merger with Gesher
Source: FreightosCargo booking portal Freightos and Israel-based special purpose acquisition company Gesher I Acquisition Corp. have entered into a definitive merger agreement that will see the portal being listed on the NASDAQ stock exchange.The combined entity will be known as Freightos and will have a pro forma enterprise value of ...
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News
Booking platform WebCargo develops payment service
Airfreight booking portal WebCargo has developed a new service that will allow forwarders to pay for their bookings on the platform rather than having to use a separate payment tool.WebCargo, part of the Freightos Group, said that the payment service is currently being piloted with around 30 freight forwarders and ...
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News
Forwarders soon to offer real-time pricing to shippers through WebCargo
WebCargo is in the process of launching a new service that will enable freight forwarders to offer shippers live rate quotations and real-time capacity, and allow shippers to finalise bookings themselves.The new service allows forwarders to send through PDF quotes for the services that the shipper has requested that includes ...
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Freightos launches carbon calculator
Freight pricing and booking platform Freightos has launched a free carbon calculator tool that enables freight forwarders, importers and exporters to estimate and compare emissions for specific shipping routes and modes.Users can embed the CO2 calculator into their websites or platforms, with the aim of driving more informed and sustainable ...
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NewsAir cargo continues to ramp up its use of digital booking
Airlines have been ramping up their digital booking offerings over the last few years in response to market volatility.A survey carried out by booking portal Freightos found that 46% of air cargo carriers now enable instant rate searches for quotes on their websites compared with 10% in 2019.Meanwhile, 33% offer ...