All Freightos articles – Page 3
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News
Teleport to go live on WebCargo
Teleport will launch online accessibility to its air cargo capacity in Asia with WebCargo this month.Teleport, the logistics venture of Capital A (formerly AirAsia Group), said it will improve access to Teleport’s fleet capacity for over 3,000 freight forwarders around the world.Since 2020, Teleport has built a cargo-only network to ...
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InsightsAir cargo faces up to an increasing number of turf invaders
The airfreight market is becoming more crowded and traditional operators face new competition, writes Ian Putzger.The phalanx of freighter operators has grown to include some unexpected names – CMA CGM, Maersk, Amazon and Mercado Libre.Amazon’s fleet of leased or outright owned freighters is now in excess of 80 planes and ...
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News
Transpacific airfreight rates reach new highs
Airfreight rates on the transpacific trade lane have continued to surge since the start of November as peak season demand kicks off and modal shift from ocean continues.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that last week prices on services from Hong Kong to North America ...
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NewsFreightos to launch air cargo price index
Source: FreightosFreightos will launch an air cargo pricing index based on data from its Webcargo booking portal that it hopes will add transparency to the market.The company said that its Freightos Air Index (FAI) would provide spot market pricing visibility and consists of a headline index of pricing across global ...
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News
Airfreight rates from Asia reach another high
Airfreight rates out of Asia continued to climb last week as the region catches up following Typhoon Chanthu and the China's Golden Week holiday approaches.Last week, Baltic Exchange Airfreight Index prices from Hong Kong to North America breached the $10 per kg mark for the first time since the index ...
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NewsWebCargo expects air cargo's move to digital booking to continue beyond Covid
Online booking portal WebCargo is expecting the airfreight sector’s rapid push towards digitalistion to continue beyond the Covid-19 pandemic.Speaking to Air Cargo News, Manel Galindo, chief executive of WebCargo, said the supply chain disruption caused by the outbreak had helped speed up air cargo’s use of digital technology, such as ...
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News
NCA lists its capacity on WebCargo
Freighter operator Nippon Cargo Airlines (NCA) has signed up to offer its capacity on online air cargo booking portal WebCargo.WebCargo said that by signing up, more than 2,000 forwarders will able to access NCA capacity with dynamic rates, live capacity and e-bookings."At NCA, we pride ourselves on leveraging digital innovation ...
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News
Five forwarders continue to lead online sales charge
Freight forwarders have improved their ability to provide instant quotes digitally, but this is led by the same group of five companies with others lagging behind.The latest annual mystery shopper report from booking portal Freightos showed that its research showed that more than 25% of digitally requested quotes were provided ...
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News
Air cargo charter demand picks up due to ocean freight issues
Charter broker Air Partner has reported a 50% increase in demand as a result of ocean freight supply chain issues.Over the last few months the container shipping sector has experienced major supply chain issues due to a box shortage in Asia, a surge in demand and port congestion.Air Partner chief ...
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News
Airfreight rates up as capacity comes under pressure
Airfreight rates from key Asian hubs continued to climb last week as ocean capacity shortages and personal protective equipment shipments pick up.The latest figures from TAC Index show that average airfreight rates from Hong Kong to North America last week climbed for the fourth week in a row as they ...
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News
Airfreight rates to the US continue to pick up
Airfreight rates out of major Asian origins to North America showed signs of increasing last week as demand shows signs of picking up.Figures from data provider TAC Index show that average airfreight rates from Shanghai to North America last week increased by 9.7% compared with a week earlier to $5.10 ...
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NewsDigital air cargo bookings continue to grow despite Covid-19 outbreak
The use of air cargo online booking portals looks set to increase over the coming months, despite a slowdown in growth during the height of the PPE capacity crunch.Freightos chief marketing officer Eytan Buchman told Air Cargo News that its WebCargo booking platform, which has 22,000 users and claims to ...
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News
Transpacific airfreight rates edge back up
Transpacific airfreight rates increased last week as two US carriers temporarily back tracked on their plans for services to Hong Kong.The latest figures from TAC Index show that airfreight rates from Shanghai to North America increased by 4.2% week on week to $4.69 per kg while from Hong Kong to ...
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NewsIBS and WebCargo to partner on digital air cargo bookings
Left: Ashok Rajan, IBS Software. Right: Manel Galindo, WebCargoOnline freight booking portal WebCargo and IBS Software are partnering to combine their platforms.The partnership means that the more than 30 airlines that use IBS Software's iCargo platform will be able to offer their capacity to freight forwarders on the WebCargo booking ...
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News
Etihad Cargo expands digital booking options with WebCargo partnership
Etihad Cargo has expanded its digital booking reach by joining the WebCargo platform.WebCargo said that by joining its booking portal, the Abu Dhabi-hubbed airline had extended its reach to more than 1,700 logistics providers and freight forwarders.The WebCargo platform will provide instant Etihad Cargo booking schedules, promotional rates and eBooking, ...
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News
Coronavirus set to impact air cargo
The air cargo industry is bracing itself for the impact of measures taken to halt the spread of the deadly coronavirus in China.Overnight, British Airways announced that it would suspend all direct flights to and from mainland China, with others expected to follow.United Airlines, Cathay Pacific and Air Canada are ...
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NewsForwarders up their digital offering but there's more work to be done
The leading freight forwarders are making progress in improving their digital services, but there is still more work to be done if the industry wants to capitalise on the opportunity.The fourth annual Freightos Mystery Shopper Survey revealed that 11 of the top 20 freight forwarders now provide a dedicated request ...
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News
SAS Cargo and Freightos in digital link-up for e-booking
SAS Cargo and WebCargo by Freightos will partner for fully digital e-booking, dynamic rates and specific capacity on the Scandinavian airline.WebCargo by Freightos will become the first user of SAS Cargo’s digital application programming interface (API) solutions to more than 1,500 freight forwarders and 26,000 unique users around the world.Leif ...
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News
IAG Cargo chief joins the online revolution at Freightos
IAG Cargo director of sales, marketing and products Camilo Garcia has left the carrier to join online company Freightos Group, as global vice president of business development.He will head up airline relationships at WebCargo by Freightos, the business unit for digitizing logistics service providers.Commenting on the “exciting yet difficult decision ...
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News
Sinotrans to offer shippers air cargo booking through Freightos
Chinese forwarder Sinotrans has launched a direct-to-customer air cargo booking platform through a partnership with Freightos.The platform, which is offered through Sinoair, will allow shippers to pull global contract rates, get dynamic pricing or request ad-hoc prices and receive instant booking confirmation from over 10 airlines integrated with Freightos."With this ...