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freightos

Freightos tops a million transactions

The Freightos digital booking and payment platform said it handled over a million transactions in 2023 in its full-year results, published on 26 February. It achieved a record 287,0000 transactions in the fourth quarter of 2023, up 36% year over year, concluding the year with 1,025,000 transactions which it said was a significant outperformance compared to overall international freight market volumes. Both global air cargo volumes based on IATA data ... [+]

Freightos dashboard keeps shippers up to date

The Freightos booking and payment platform has unveiled Freightos Terminal, a dashboard that provides industry stakeholders with the data and market updates, trends and insights. It aims to help logistics professionals optimise their international shipping and keep supply chains running smoothly and cost-effectively.  It builds on the Freightos Baltic Index (FBX) of ... [+]

Freightos to list on NASDAQ

The Freightos booking and payment platform is to list on the US NASDAQ exchange following the closing of its business combination with Gesher Acquisition Corporation. Freightos connects airlines, liner shipping companies, trucking companies and freight forwarders with over 10,000 importers and exporters, offering rate comparison, booking, payment, and shipment management. [+]

Freightos offers carbon calculations

Digital cargo booking platform Freightos is releasing a free carbon calculator that forwarders and shippers can use to estimate and lower their emissions before booking. It allows them to calculate and compare emissions across shipping routes, both in order to support reporting requirements as well as to help proactively reduce ... [+]

Ningo set for recovery, says Freightos

Operations at the port of Ningbo in China are recovering much quicker than feared following a covid oubreak, reports the Freightos online marketplace. Despite fears of a Yantian repeat – where a coronavirus outbreak significantly hindered operations for three weeks – disruptions at Ningbo following one port worker’s positive test ... [+]

Shippers pay more and miss first sailings, says survey

A fifth of all peak season shipments require additional fees while around a quarter of shipments fail to make the first available sailing, according to a survey by the Freightos online marketplace. Freightos surveyed decision makers at some80 logistics providers and cargo owners to find out how they manage ocean ... [+]

Container shipping moves into the digital age

CMA CGM has become the first ocean carrier to be listed on the Freightos online freight marketplace. It has signed a pilot agreement with online bookings, guaranteed pricing, and secured capacity on CMA CGM China-US trade lanes available on the platform. Extension to additional lanes is planned in the near ... [+]

Lufthansa and Freightos offer real-time booking

Lufthansa Cargo flights has teamed up with the Freightos WebCargo platform to allow forwarders to instantly look up contracted rates, assess capacity, and book cargo on specific flights  in real-time. Freightos WebCargo claims the world’s largest air cargo rate database and now enables real-time pricing, capacity and eBooking for the few ... [+]

US trade still in the Dark Ages, says Freightos

US importers and exporters logistics practices can be “laughably archaic” according to logistics technology provider Freightos, following publication of an industry survey of 500 firms. Around half of all small businesses still rely on spreadsheets to manage shipments, claimed Freightos. Moreover, around 30% of small firms said that less than half of ... [+]

Airlines are full, says freight rate firm

Rate management specialist Freightos WebCargo says that air cargo in Europe is currently running at full capacity, the first time in at least ten years that this has happened. Shippers are paying sky-high air rates to get cargo loaded, in one case $13 per kilo on the transatlantic route, claims chief ... [+]

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