SriLankan Cargo will later this year place its freight capacity on the WebCargo by Freightos digital booking and payment platform.
Integration of SriLankan Cargo on the platform will enable the more than 10,000 freight forwarding offices around the world using WebCargo to instantly access, quote, book, and pay for SriLankan’s airfreight capacity through the same platform that they use for rate management, procurement optimisation, and end-to-end shipping.
Adding the airfreight arm of national flag-carrier SriLankan Airlines to Freightos’ coverage significantly strengthens Freightos’ footprint in South Asia, the latter said, while also unlocking “digital access” to the carrier’s home hub of Colombo, a growing transhipment hub linking the Indian subcontinent with the Middle East, South-east Asia and Europe.
SriLankan Cargo’s network incorporates 32 online destinations in 21 countries and over 200 offline destinations and offers particularly strong capacity to India and the Gulf region.
“SriLankan Cargo brings high-quality regional capacity into our digital network at a time when agility is key,” said Zvi Schreiber, Freightos chief executive.
“By integrating their rates and capacity, forwarders gain instant and enhanced access to critical South Asian trade lanes, including Colombo and India.”
Chaminda Perera, head of cargo at SriLankan Airlines, declared: “By joining Freightos’ WebCargo platform, we’re not just digitalising our booking process – we’re expanding our reach to thousands of new potential customers.
“The integration with Freightos’ rate management and procurement tools ensures our services are visible at the critical decision-making stage of the freight buying process.”
In addition to offering instant capacity and booking services to forwarders, SriLankan Cargo is also leveraging WebCargo by Freightos’ interlining capabilities, enhancing SriLankan’s existing partnerships with carriers such as Qatar Airways, Emirates SkyCargo, Turkish Airlines and Etihad Cargo.
Last year, SriLankan Cargo placed its capacity on the CargoMART online booking portal from CargoAi and digital air cargo booking platform cargo.one.
In late May, Freightos said that it remained positive in its outlook for the coming year despite the impact of tariffs on the cargo market.
The company’s first-quarter results saw revenue continue to grow, while losses narrowed.
Freightos saw first-quarter revenues increase by 30% year on year to $6.9m, while the number of bookings made on the portal was up by 25% to 370,900 transactions.
However, the company reported a loss of $4.5m for the period compared with a loss of $4.6m last year as operating expenses continued to rise.
In the previous month, Freightos had announced the launch of a new end-to-end freight procurement platform in a bid to connect the full procurement cycle – from sourcing and benchmarking to booking and execution.
The Freightos Enterprise platform for importers, exporters, and forwarders bridges annual, quarterly and spot procurement of air, ocean and ground freight, while offering critical market intelligence, said Freightos.
