Freightos Introduces Comprehensive Ocean Freight Solutions
Freight forwarders often faced challenges when managing pricing and quoting across multiple transport modes. That era has reached an end with the recent advancements from Freightos Limited (NASDAQ: CRGO). This innovative company is revolutionizing logistics by extending its services from air freight to ocean freight.
Transforming Freight Management
Freight forwarders can now reduce their quote times by an impressive 75% thanks to the integrated capabilities of Freightos. With the introduction of WebCargo Rate & Quote Ocean, they can now manage air and ocean freight seamlessly on one efficient platform. This remarkable development signifies a breakthrough, as it eliminates the outdated segmentation previously seen in transportation logistics.
Freightos has made a mark in the logistics industry, boasting an annual rate exceeding 1.6 million transactions. With the addition of ocean freight, this platform only bolsters its already impressive capability. The improved WebCargo solution now allows forwarders to obtain accurate quotes in a fraction of the time, making it a game-changer in the freight sector.
Enhancing Accuracy and Efficiency
During its beta phase, WebCargo Rate & Quote Ocean has already processed thousands of ocean freight quotes. Early adopters have voiced their approval, highlighting the fast turnaround time and user-friendly interface that characterizes the platform. By allowing a single point of access for all freight management needs—be it booking, local charges, or direct carrier rates—this enhancement truly integrates logistics.
Zvi Schreiber, CEO of Freightos, stated, "Forwarders have long told us that ocean freight is the missing link in digital rate management. This launch bridges the gap between dramatically different models of freight pricing, allowing for simpler operations and increased business opportunities." His visionary approach aims to assist forwarders in navigating the complexities of global trade with precision.
Unifying Logistics Operations
With the release of WebCargo Rate & Quote Ocean, the platform is not just a tool; it’s an ecosystem where ocean rate management can thrive. Forwarders will benefit from comprehensive oversight of all ocean-related costs while ensuring smooth operations across different transport modes. It also offers integration with major Transport Management Software (TMS) solutions, enhancing overall productivity.
The versatility of this updated platform aligns perfectly with the current needs of freight logistics. As industries worldwide adapt to changing market dynamics, the need for accurate and prompt quoting cannot be overstated. Freightos now stands at the forefront of this evolution.
About Freightos
As an industry leader, Freightos (NASDAQ: CRGO) has established itself as a transparent, vendor-neutral global freight booking platform. With connections spanning airlines, ocean carriers, thousands of freight forwarders, and numerous importers and exporters, Freightos is facilitating trade by enhancing operational efficiencies at every turn.
The platform effectively digitizes the trillion-dollar international freight sector, offering a broad range of software solutions. These span pricing, shipment management, and payments, catering to diverse business needs. Products like Freightos Enterprise, Freightos Marketplace, and others are designed to suite the complexities of both large and small entities engaging in global trade.
Additionally, Freightos provides real-time industry insights through the Freightos Terminal, featuring the pivotal Freightos Air Index (FAX) and the Freightos Baltic Index (FBX) for container shipping rates. Effective decision-making in this market is crucial, and Freightos ensures its users have the best tools available.
Frequently Asked Questions
What is WebCargo Rate & Quote Ocean?
It is a new service by Freightos that allows freight forwarders to manage ocean freight pricing, quoting, and booking alongside air freight efficiently.
How does Freightos improve quoting times?
Freightos streamlines the process through an integrated platform, reducing quote times for freight forwarders by up to 75%.
What benefits does the platform offer to users?
Users benefit from centralized management of rates, quicker quotes, and improved operational efficiency across different transport modes.
Who is Freightos aimed at?
Freightos serves a diverse clientele, including airlines, freight forwarders, and both large and small importers and exporters around the globe.
What other products does Freightos offer?
Freightos provides various products including Freightos Enterprise for large businesses, Freightos Marketplace for small enterprises, and WebCargo solutions tailored for specific logistics needs.
