All Freightos Articles – Page 3
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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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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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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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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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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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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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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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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 ...
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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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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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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 ...