Freightos to raise growth capital and become public

Freightos founder and chief executive officer (CEO), Zvi Schreiber

Freightos Limited and Gesher I Acquisition, a special purpose acquisition company, have entered into a definitive merger agreement that would result in Freightos being publicly listed on the NASDAQ under the ticker symbol FROS. The combined entity, to be known as Freightos, with offices around the world, will have a pro forma enterprise value of […]

SAS Cargo partners with WebCargo by Freightos

SAS Cargo will provide freight forwarders with a 21st century customer experience by partnering with WebCargo by Freightos. They will launch a fully digital eBooking platform offering dynamic rates and specific capacity, with WebCargo by Freightos becoming the first user of SAS Cargo’s digital APIs. Via WebCargo by Freightos, dynamic rates, capacity and eBooking will […]

Sinoair and Freightos open direct eBooking platform

Freightos Group acquires 7LFreight

Sinotrans Global E-commerce Logistics has partnered with WebCargo by Freightos to introduce the world’s first direct to customer air eBooking platform. Shippers will be able to pull global contract rates, get dynamic pricing or request ad-hoc, receive instant booking confirmation from over 10 airlines integrated with Freightos, with the aim of growing Sinoair’s online shipments […]

Forwarders get instant rates with WebCargo Sky

WebCargo by Freightos has launched the WebCargo Sky platform, a free service giving forwarders instant access to rates from more than 370 airlines and real-time eBooking. With WebCargo Sky, forwarders can instantly price airfreight shipments from nearly every global airline, and book real-time capacity on airlines including British Airways, Iberia, Air France KLM and Lufthansa. […]

WebCargo acquires Air Freight Bazaar

WebCargo, a Freightos company has acquired Air Freight Bazaar, a regional air cargo rates and sales platform based in Chennai, India. The acquisition combines WebCargo’s advanced air cargo rates, sales and eBooking platform, used by over 1,400 forwarders with Air Freight Bazaar’s market share of 300 regional air forwarders. Air Freight Bazaar customers will receive […]

Freightos and Lufthansa Cargo make “quantum leap in cargo booking”

Lufthansa Cargo and Freightos are taking a “quantum leap in cargo booking” with an instant online eBooking system. Through application programming interface (API) services, forwarders will be able to instantly look up contracted rates, assess capacity and book cargo on specific flights in real-time. The companies say that e-commerce drove the nine per cent growth […]

Freight forwarders are failing to meet customer expectations

Freight forwarders are finally embracing digitalisation but their failure to meet customer expectations is holding them back, Freightos’ third annual Mystery Shopper report has found. Though the report found that there has been greater progress in embracing digital sales in air freight forwarding services than in the ocean, only three of the top 20 forwarders […]

Freightos Marketplace comes to the UK

Freightos founder and chief executive officer (CEO), Zvi Schreiber

Freightos is bringing its online freight marketplace to the UK to provide comparison, booking and management services for importers and exporters. The online international shipping marketplace says freight technology is stuck in the 1970s with inaccessible information, lack of transparency and offline communications resulting in companies wasting days on freight quoting and overpaying on shipping […]