The freight market makes the world’s trade and commerce go ’round. And, if the Monday (Aug. 19) second-quarter 2024 earnings call from freight booking and payment platform Freightos is any indication, digital transformation is increasingly what makes the freight market itself move. The company hit...
For freight-forwarding platforms, the world is their oyster. That’s because the emergence of digital platforms and innovative technologies is profoundly transforming the global logistics and transportation industry’s traditional and legacy workflows. “The opportunity to take all of the offline freight and digitize it is so...
Can even the most traditional industries adapt to digital transformations? For the international freight industry, the answer appears to be yes. Shippers and carriers have gotten a taste of digitization, and they want more of it. On Monday’s (Feb. 26) earnings call for the quarter...
Freight industry booking platform Freightos has launched a partnership with Virgin Atlantic Cargo. The collaboration, announced Monday (Feb. 5), combines Virgin’s “extensive” network with the digital reach of Freightos’ WebCargo offering, “providing more options for forwarders globally,” Freightos said in a news release. The release illustrates just how...
July 11, 2023
In the bid to transform logistics, to streamline the interplay that takes place to get goods from point A to point B, scale’s a key advantage. There is no shortage of players and platforms seeking to use software, data and analytics to match supply and demand more adroitly, leveraging the cloud to do so and […]
March 14, 2023
Freightos noted in its most recent earnings report — it’s first as a publicly traded entity — that shipping demand is a lot different than a year ago. And in...
March 09, 2023
For Uber, what comes next for Freight is freighted with questions. To that end, as reported this week, Uber is mulling a few scenarios. The options that are under consideration:...
October 17, 2022
For freight, logistics, for the middle mile all the way through to the last mile, we might say there are two epochs — BP and AP — before pandemic and...
February 05, 2024
Freight industry booking platform Freightos has launched a partnership with Virgin Atlantic Cargo. The collaboration, announced Monday (Feb. 5), combines Virgin’s “extensive” network with the digital reach of Freightos’ WebCargo offering, “providing more options for forwarders globally,” Freightos said in a news release. The release illustrates just how extensive the Virgin cargo network is, with the company flying […]
January 16, 2024
Freightos, a vendor-neutral booking and payment platform for the international freight industry, reported record transactions for the fourth quarter of 2023. The company recorded 286,900 transactions in the fourth quarter,...
October 09, 2023
Container shipping rates have reportedly experienced a significant decline due to a decrease in consumer demand for goods, particularly in the ocean freight industry. This decline has posed challenges for...
September 03, 2023
The global trade sector may have an answer to supply chain hiccups: AI. As Bloomberg News reported Sunday (Sept. 3), generative artificial intelligence (AI) and large-language models have emerged to...
