freightos
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 executive, Manel Galindo.
He added that this is in stark contrast to ocean freight rates, which are “tanking”.
Moreover, he predicts that ...
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Since its launch in 2016, the Freightos Marketplace has provided freight comparison, booking, and management of freight services in the US and the UK has now been selected as the first new market. It will be followed by a rollout into other major trading hubs.
Freightos says that while the UK ...
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Freightos has raised $25m in funding from investors led by GE Ventures, bringing its total funding to $50m, said the Hong Kong based booking portal. The funds will be used to increase global market penetration and further develop global freight pricing, routing, and sales automation software. Founder and chief executive, ...
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The Freightos internet marketplace has launched the beta version of its international index which, it says will bring transpaerency to what has until now been an opaque market. The Freightos International Freight Index (FIFI) aggregates live freight rates from hundreds of carriers, forwarders, and shippers, allowing shippers to make better-informed ...
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Online marketplace Freightos has launched its Freight Rate Calculator , claimed as the first and only instant, multimodal international freight calculator that taps into live market rates to offer real-time FCL, LCL, air and trucking door-to-door freight estimates. It is currently being launched as a public beta version. Freight says ...
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The market faces an uncertain future, according to the recently published Freightos report, the Future of Freight 2016 Global Survey of Industry Leaders. The survey of over 90 senior logistics professionals highlighted eroding margins and commoditisation of core logistics services and higher and more volatile customer expectations for transparency, more ...
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