Air, COVID-19 Noticeboard, Freight News, IT, Logistics, Sea

PayCargo steps into the breach

[ March 25, 2020   //   ]

PayCargo has launched a new free communication mechanism via its online payment platform that allows vendors such as airlines, shipping terminals and maritime operators to share key information with the 20,000-plus payer users in the company’s online system.

The service has been launched to help the freight and shipping community face the widespread challenges across the supply chain due to the Covid-19 outbreak.

Delta Cargo and American Airlines Cargo are the first vendors to make use of the free community service.

PayCargo president and chief executive officer of the Americas, Lionel van der Walt, said: “PayCargo is in a unique position to help the broader cargo community during this time of crisis, by facilitating the flow of critical information between Payers and Vendors.”

“Our hope is that this service will help to bridge the gap between payers and vendors to facilitate the movement of goods to the benefit of the broader cargo and shipping community.”

The Covid-19 outbreak has caused airlines to cancel a significant percentage of their passenger schedules, a move that has heavily impacted the logistics supply chain that relied on belly capacity to fly freight.

Many of PayCargo’s payers have had to find new capacity to move cargo and airlines are identifying opportunities to utilize aircraft as efficiently as possible, such as making passenger aircraft available for charters or introducing new scheduled cargo flights.

The free service will allow vendors to communicate the availability of new capacity options to Payers and provide them with vendor contact details so that they can quickly connect and have access to much-needed available new capacity.