Air, Freight News

Quarter of global capacity on CargoAi – with more to come

[ May 9, 2022   //   Chris ]

The CargoAi online platform says it has attracted a quarter of the world’s airfreight capacity to its digital marketplace. More airline and GSA contracts are in place to double this by the end of this year, it adds.

It attributes its success to the fact that it uses code instead of servers to support its applications, deploying the latest available technology in building its solutions, together with its easy-to-adopt spot request feature available for more than 80 airlines. Freight forwarders can use it to request larger shipments (averaging 2 tonnes that are often not covered by airline systems due to technical limitations.  

CargoAi says that more than 5,000 freight forwarders in 103 countries are actively using the platform,  while its current contract roll out will connect 50% of the world’s air cargo capacity by the end of 2022, with more in the pipeline for 2023.

CargoAi is already integrated with every airline cargo management system such as Cargospot, iCargo, or Skychain, allowing carriers to  quickly interface at minimal cost. It takes less than four weeks to activate the live distribution and receive the first eBookings, it says.

CargoAi chief executive, Matthieu Petot, said: “I created CargoAi three years ago because I saw that the air cargo industry is still very much in the infancy of digitalisation and could hugely benefit from technologies and digital best practices that are already standard in other industries…We have greatly expanded our product portfolio since then and are implementing a very clear five-year roadmap. Our advantage, as the only neutral marketplace provider, is the huge potential in terms of technology and additional efficiency that we can develop and offer to all airlines and freight forwarders.

He added: “Our sights for 2022 are set on North and South American expansion with the recruitment of more than 15 people worldwide this year, and we will be launching new airlines and partners in those regions in the coming weeks.”