Knowledge (XXG)

Freightos

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Since 2018, cargo airlines began to offer connectivity for air cargo pricing and booking. During these years WebCargo changed its business model to be primarily a booking platform, and the company claims to be the largest platform with which freight forwarders digitally book air cargo services with
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In September 2018, Freightos announced a $ 44.4 million dollar Series C funding round, led by the Singapore Exchange and together with previous investors, including Aleph and More VC. During the interview, Freightos founder Zvi Schreiber also mentioned the company's aspirations to connect carriers,
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On July 26, 2016, Freightos launched one of the world's first online marketplaces for international freight, providing instant comparison, booking, and management of freight services from multiple logistics providers. Over time, a number of partnerships related to this endeavor were announced,
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In April 2018, Freightos launched a daily containerized index, called the Freightos Baltic Exchange Index. This is widely used as an indicator of global container prices. In 2021 Freightos launched the Freightos Air Index (FAX) of air cargo rates.
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operates a booking and payments platform for international freight, using a SaaS-Enabled Marketplace model. It also provides rate management and quoting software for freight forwarders and carriers through WebCargo, a subsidiary acquired in 2016
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In August 2016, Freightos bought Spanish startup WebCargoNet, which later was marketed at WebCargo by Freightos. A similar, India-based air cargo rate management product, Air Freight Bazaar, was acquired by the company in 2019.
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The freightos.com online freight marketplace, which as first piloted in July 2016, enables online instant freight quoting and booking, as well as shipment management. The platform is also used by partners, like Alibaba.com.
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In January 2021, Freightos announced the acquisition of 7LFreight, an air and trucking rate management software solution with a core customer base in the United States.
224:. The first beta customers of Freightos went live in October 2012 and the SaaS service was commercially launched in March 2013. Freightos raised initial funding from 636: 919: 660: 1117: 895: 507: 236:
company). Freightos has been a member of the Airforwarders Association since January 2013 and the International Air Cargo Association since 2021.
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In March 2017, Freightos raised $ 25 million in Series B funding led by GE Ventures bringing the company's total funding to $ 50 million.
1092: 283:. The quotation algorithm includes routing of door-to-door freight services. This supports exchanging quote requests and quotes between 201: 406: 965: 579: 299:
became the first airline to offer direct rates for forwarders on the platform. This was followed by additional airlines, including
835: 550: 991: 526: 304: 1112: 381: 455: 692: 896:"Instant, Online Air Cargo eBooking Unveiled In Major Lufthansa Cargo-Freightos Launch - Lufthansa Cargo" 308: 216:. Schreiber has previously founded and managed other start-up companies including companies acquired by 882: 1086: 767: 612: 460: 300: 271:
WebCargo provides rate management including features for uploading freight pricing contracts in
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Gesher 1. The company is registered in Cayman Islands and its largest office is Barcelona.
316: 280: 229: 46: 945:"IAG Cargo links API to Freightos WebCargo to offer dynamic pricing | Air Cargo World" 1106: 431: 336: 320: 213: 86: 54: 565: 859: 288: 718:"Logistics startup Freightos raises $ 44.4M Series C led by Singapore Exchange" 32: 1037:"Qatar Airways Cargo adds digital booking through WebCargo | Air Cargo World" 1016:"Qatar Airways Cargo adds digital booking through WebCargo | Air Cargo World" 672: 591: 1058:"TAP Air Cargo to offer freight forwarders real-time e-bookings on WebCargo" 296: 279:
for freight rates, and a module for automatic freight and quotations on the
233: 119: 115: 98: 68: 966:"SAS Cargo Group to Launch Full Digital Air Cargo Capability with WebCargo" 358:"With A Fresh $ 14M, Freightos Wants To Power The Global Freight Industry" 743:"Freightos Group acquires 7LFreight, expanding digital air cargo product" 693:"Container freight rates soar on consumer goods boom, supply chain kinks" 276: 272: 225: 123: 637:"Baltic Exchange and Freightos to launch global container freight index" 482:"Alibaba adds financing tools and online trade shows for US merchants" 23: 312: 193: 432:"Hellmann completes Freightos AcceleRate rollout - Asia Cargo News" 407:"Qatar Airways to offer capacity through WebCargo digital platform" 992:"Etihad Cargo partners with Webcargo By Freightos to expand reach" 508:"FedEx-Backed Freightos to Go Public in Merger With Gesher SPAC" 1096: 920:"Dynamic pricing arrives in air cargo with AF KLM and WebCargo" 263:
including direct booking with CMA CGM, a top-five ocean liner.
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Digital booking and payments platforms: WebCargo, freightos.com
217: 580:"Freightos Buys Air-Cargo Rival to Boost Online Marketplace" 221: 168: 1093:"FreightOS Announces Better Automation For Global Freight" 554: 133:
Software-as-a-service: WebCargo Air, WebCargo AcceleRate
661:"Container-shipping costs have surged in recent months" 551:"FreightOS: Bringing sexy back to the freight industry" 228:. Freightos is the trading name of Freightos Limited a 836:"Business is Good but Cost Cuts are Coming at CMA CGM" 527:"Shipping Platform Freightos Goes Public in SPAC Deal" 251:
like airlines, directly to forwarders and shippers.
786:"Introducing the Freightos Marketplace - Freightos" 163: 153: 145: 137: 129: 109: 93: 82: 74: 64: 52: 42: 30: 456:"Freightos aims to make shipping easier, cheaper" 307:Cargo (British Airways and Iberia) in July 2019, 970:CAAS /// Cargo Airports & Airline Services 812:"Freightos launches freight rate marketplace" 232:company (previously named Tradeos Limited, a 8: 382:"How SaaS is bringing B2B marketplaces back" 16: 22: 15: 212:Freightos was founded in January 2012 by 348: 613:"WebCargo acquires Air Freight Bazaar" 356:Magee, Christine (9 September 2015). 7: 200:January 2023 by combining with the 990:Graham, James (10 February 2020). 883:American Journal of Transportation 14: 578:Phillips, Erica E. (2016-08-31). 1118:2012 establishments in Hong Kong 566:Airforwarders Association Member 525:Berger, Paul (26 January 2023). 810:Johnson, Eric (July 27, 2016). 1: 611:Muir, James (11 April 2019). 506:Leach, Kamaron (2022-05-31). 1128:Companies based in Barcelona 1097:http://www.manufacturing.net 1123:Software companies of Spain 192:The company went public on 1144: 549:Abel, Shira (June 2013). 21: 864:alphaliner.axsmarine.com 311:Cargo in November 2019, 295:airlines. In July 2018, 1087:"Shipper Drives Change" 1085:Braun, Ted (May 2013). 327:Cargo in January 2021. 840:The Maritime Executive 267:WebCargo main features 258:freightos.com overview 699:. Reuters. 2020-11-18 436:www.asiacargonews.com 641:www.insidemarine.com 900:lufthansa-cargo.com 724:. 17 September 2018 584:Wall Street Journal 531:Wall Street Journal 461:The Times of Israel 196:with ticker symbol 155:Number of employees 111:Number of locations 18: 315:in February 2020, 285:freight forwarders 1113:Freight transport 1064:. 13 January 2021 323:in January 2021, 179: 178: 1135: 1089:. Air cargo news 1073: 1072: 1070: 1069: 1054: 1048: 1047: 1045: 1044: 1033: 1027: 1026: 1024: 1023: 1012: 1006: 1005: 1003: 1002: 987: 981: 980: 978: 977: 962: 956: 955: 953: 952: 941: 935: 934: 932: 931: 916: 910: 909: 907: 906: 892: 886: 880: 874: 873: 871: 870: 856: 850: 849: 847: 846: 832: 826: 825: 823: 822: 816:American Shipper 807: 801: 800: 798: 797: 782: 776: 775: 772:American Shipper 764: 758: 757: 755: 754: 739: 733: 732: 730: 729: 714: 708: 707: 705: 704: 689: 683: 682: 680: 679: 657: 651: 650: 648: 647: 633: 627: 626: 624: 623: 608: 602: 601: 599: 598: 575: 569: 563: 557: 547: 541: 540: 538: 537: 522: 516: 515: 503: 497: 496: 494: 493: 478: 472: 471: 469: 468: 452: 446: 445: 443: 442: 428: 422: 421: 419: 418: 403: 397: 396: 394: 393: 378: 372: 371: 369: 368: 353: 325:TAP Air Portugal 175: 172: 170: 26: 19: 1143: 1142: 1138: 1137: 1136: 1134: 1133: 1132: 1103: 1102: 1082: 1077: 1076: 1067: 1065: 1056: 1055: 1051: 1042: 1040: 1035: 1034: 1030: 1021: 1019: 1014: 1013: 1009: 1000: 998: 989: 988: 984: 975: 973: 964: 963: 959: 950: 948: 943: 942: 938: 929: 927: 918: 917: 913: 904: 902: 894: 893: 889: 881: 877: 868: 866: 858: 857: 853: 844: 842: 834: 833: 829: 820: 818: 809: 808: 804: 795: 793: 784: 783: 779: 766: 765: 761: 752: 750: 741: 740: 736: 727: 725: 716: 715: 711: 702: 700: 691: 690: 686: 677: 675: 659: 658: 654: 645: 643: 635: 634: 630: 621: 619: 610: 609: 605: 596: 594: 577: 576: 572: 564: 560: 548: 544: 535: 533: 524: 523: 519: 505: 504: 500: 491: 489: 480: 479: 475: 466: 464: 454: 453: 449: 440: 438: 430: 429: 425: 416: 414: 405: 404: 400: 391: 389: 388:. 16 April 2016 380: 379: 375: 366: 364: 355: 354: 350: 345: 333: 303:in April 2019, 269: 260: 210: 167: 156: 112: 105: 101: 78:January 1, 2012 57: 35: 12: 11: 5: 1141: 1139: 1131: 1130: 1125: 1120: 1115: 1105: 1104: 1101: 1100: 1099:, 4 April 2013 1090: 1081: 1080:External links 1078: 1075: 1074: 1049: 1028: 1007: 996:Air Cargo Week 982: 957: 936: 924:Air Cargo News 911: 887: 885:, 5 April 2013 875: 860:"PublicTop100" 851: 827: 802: 777: 759: 734: 709: 684: 667:. 2021-02-11. 652: 628: 617:Air Cargo Week 603: 570: 568:, January 2013 558: 542: 517: 498: 473: 447: 423: 398: 373: 347: 346: 344: 341: 340: 339: 332: 329: 319:in June 2020, 317:AirBridgeCargo 301:Air France–KLM 268: 265: 259: 256: 230:Cayman Islands 209: 206: 177: 176: 165: 161: 160: 157: 154: 151: 150: 147: 143: 142: 139: 135: 134: 131: 127: 126: 113: 110: 107: 106: 103: 97: 95: 91: 90: 84: 80: 79: 76: 72: 71: 66: 62: 61: 58: 53: 50: 49: 44: 40: 39: 36: 31: 28: 27: 13: 10: 9: 6: 4: 3: 2: 1140: 1129: 1126: 1124: 1121: 1119: 1116: 1114: 1111: 1110: 1108: 1098: 1094: 1091: 1088: 1084: 1083: 1079: 1063: 1059: 1053: 1050: 1038: 1032: 1029: 1017: 1011: 1008: 997: 993: 986: 983: 971: 967: 961: 958: 946: 940: 937: 925: 921: 915: 912: 901: 897: 891: 888: 884: 879: 876: 865: 861: 855: 852: 841: 837: 831: 828: 817: 813: 806: 803: 791: 787: 781: 778: 773: 769: 763: 760: 748: 744: 738: 735: 723: 719: 713: 710: 698: 694: 688: 685: 674: 670: 666: 665:The Economist 662: 656: 653: 642: 638: 632: 629: 618: 614: 607: 604: 593: 589: 585: 581: 574: 571: 567: 562: 559: 556: 552: 546: 543: 532: 528: 521: 518: 513: 509: 502: 499: 488:. 2 June 2020 487: 483: 477: 474: 463: 462: 457: 451: 448: 437: 433: 427: 424: 412: 408: 402: 399: 387: 383: 377: 374: 363: 359: 352: 349: 342: 338: 337:Zvi Schreiber 335: 334: 330: 328: 326: 322: 321:Qatar Airways 318: 314: 310: 306: 302: 298: 292: 290: 286: 282: 278: 274: 266: 264: 257: 255: 252: 248: 244: 241: 237: 235: 231: 227: 223: 219: 215: 214:Zvi Schreiber 207: 205: 203: 199: 195: 190: 186: 183: 174: 166: 162: 158: 152: 148: 144: 140: 136: 132: 128: 125: 121: 117: 114: 108: 100: 96: 92: 88: 87:Zvi Schreiber 85: 81: 77: 73: 70: 67: 63: 59: 56: 51: 48: 45: 41: 37: 34: 29: 25: 20: 17:Freightos Ltd 1066:. Retrieved 1061: 1052: 1041:. Retrieved 1039:. 2021-01-21 1031: 1020:. Retrieved 1018:. 2021-01-21 1010: 999:. Retrieved 995: 985: 974:. Retrieved 972:. 2019-11-26 969: 960: 949:. Retrieved 947:. 2019-06-04 939: 928:. Retrieved 926:. 2019-04-23 923: 914: 903:. Retrieved 899: 890: 878: 867:. Retrieved 863: 854: 843:. Retrieved 839: 830: 819:. Retrieved 815: 805: 794:. Retrieved 792:. 2016-07-26 789: 780: 771: 768:"SimpliShip" 762: 751:. Retrieved 749:. 2022-01-17 747:FreightWaves 746: 737: 726:. Retrieved 721: 712: 701:. Retrieved 696: 687: 676:. Retrieved 664: 655: 644:. Retrieved 640: 631: 620:. Retrieved 616: 606: 595:. Retrieved 583: 573: 561: 545: 534:. Retrieved 530: 520: 511: 501: 490:. Retrieved 485: 476: 465:. Retrieved 459: 450: 439:. Retrieved 435: 426: 415:. Retrieved 413:. 2021-01-20 411:FreightWaves 410: 401: 390:. Retrieved 385: 376: 365:. Retrieved 361: 351: 293: 270: 261: 253: 249: 245: 242: 238: 211: 197: 191: 187: 181: 180: 149:$ 21 million 94:Headquarters 43:Company type 386:VentureBeat 60:Nasdaq:CRGO 1107:Categories 1068:2021-03-24 1062:Stat Times 1043:2021-03-24 1022:2021-03-24 1001:2021-03-24 976:2021-03-24 951:2021-03-24 930:2021-03-24 905:2021-03-24 869:2021-03-24 845:2021-03-24 821:2016-07-28 796:2016-07-28 753:2022-05-02 728:2021-03-24 722:TechCrunch 703:2021-03-24 678:2021-03-24 646:2021-03-24 622:2021-03-24 597:2016-09-08 555:TheNextWeb 536:2023-03-20 492:2021-03-24 486:TechCrunch 467:2016-08-01 441:2016-08-01 417:2021-03-24 392:2016-08-01 367:2016-08-01 362:TechCrunch 343:References 287:and their 171:.freightos 33:Trade name 790:Freightos 673:0013-0613 592:0099-9660 512:Bloomberg 297:Lufthansa 234:Hong Kong 182:Freightos 120:Jerusalem 116:Barcelona 99:Barcelona 69:Logistics 55:Traded as 38:Freightos 331:See also 277:database 226:OurCrowd 138:Services 130:Products 124:Ramallah 65:Industry 697:Reuters 208:History 164:Website 146:Revenue 83:Founder 75:Founded 671:  590:  313:Etihad 289:agents 194:Nasdaq 47:Public 273:Excel 104:Spain 89:, CEO 669:ISSN 588:ISSN 275:, a 220:and 202:SPAC 198:CRGO 173:.com 309:SAS 305:IAG 281:Web 218:IBM 169:www 159:350 1109:: 1095:, 1060:. 994:. 968:. 922:. 898:. 862:. 838:. 814:. 788:. 770:. 745:. 720:. 695:. 663:. 639:. 615:. 586:. 582:. 553:. 529:. 510:. 484:. 458:. 434:. 409:. 384:. 360:. 291:. 222:GE 122:, 118:, 102:, 1071:. 1046:. 1025:. 1004:. 979:. 954:. 933:. 908:. 872:. 848:. 824:. 799:. 774:. 756:. 731:. 706:. 681:. 649:. 625:. 600:. 539:. 514:. 495:. 470:. 444:. 420:. 395:. 370:.

Index


Trade name
Public
Traded as
Logistics
Zvi Schreiber
Barcelona
Barcelona
Jerusalem
Ramallah
www.freightos.com
Nasdaq
SPAC
Zvi Schreiber
IBM
GE
OurCrowd
Cayman Islands
Hong Kong
Excel
database
Web
freight forwarders
agents
Lufthansa
Air France–KLM
IAG
SAS
Etihad
AirBridgeCargo

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