Freightos Data, part of the Freightos Group, launched the Freightos Air Index, an air cargo index based on transactional air cargo prices in an effort to provide transparency and support decision making.
FAX provides pricing visibility across weight breaks, trade lanes, and hundreds of airport pairs. The index is published each Sunday with data from the prior week.
“Global supply chains have experienced unprecedented volatility, fueled by heightened demand, Covid-shutdowns, congestion, and more. This has pushed freight rates to all-time highs. For example, air cargo spot prices from Germany (FRA) to China (PVG) have skyrocketed 2.2X over the last three months to $3.53/kg,” reads the release.
Fluctuating prices and changing capacity challenge carriers, forwarders, and importers/exporters struggling to accommodate the current freight landscape.
Zvi Schreiber, CEO of the Freightos Group, said, “The digital air cargo revolution transformed air cargo into a modern, real-time and digitalized industry. e-bookings on WebCargo by Freightos already encompass over 30 airlines and thousands of forwarders, with bookings growing 12X year on year. Real-time booking paves the way for real-time industry transparency. We’re proud to offer the same visibility to the air cargo industry that we’ve provided for ocean freight with the Freightos Baltic Index.”
September 9, 2019: Sinotrans Global E-commerce Logistics Co Ltd (Sinoair) has adopted online international freight marketplace Freightos to accelerate its ebookings.
Through Freightos' WebCargo platform, shippers will be able to pull global contract rates, get dynamic pricing or request ad-hoc, receive instant booking confirmation from over 10 airlines integrated with Freightos.
The partnership aims to grow Sinoair’s online shipments to over millions annually.
As Asia’s top air freight forwarder, we take our responsibility to provide a best-in-class air cargo experience for all our customers seriously.
Freightos is our trusted partner enabling us to offer ebooking to all, something the air cargo industry has never seen before,” said Liu Xin-Yang, deputy general manager, Sinoair.
WebCargo Air offers live air cargo rate distribution and bookings between hundreds of airlines and 1,400+ forwarders.
We are skillful in discovering one-stop forwarding services for shipping from China to Australia.
Whatever your preferred mode of transportation—sea freight or air freight--China Freight offers the cheapest freight cost and more dependable services for every shipment.Visit Here - https://www.chinafreight.com/shipping-to-australia.htmlQUICK [email protected]
Multimodal and multi-purpose dispatching require a comprehension of the different vehicle modes (sea, air, ground) and the principles and guidelines relevant to every mode.
GoMax Logistics Inc, air freight forwarders agents in Los Angeles are helpful in safe and proper transportation of goods from one place to another with all safety precautions.
