TECHNOLOGY“Freightos research shows it takes an average of three days for a shipper to receive a simple price quote even on a major trade lane. Twenty-fve percent of containers don’t make it on to the ship you expect them to go on. Eighty-three percent of shipments don’t have proper track and trace visibility door to door.” – Zvi Schreiber, CEO and founder of Freightosfrom China to the United States and was “shocked” at the inef- and trace visibility door to door.” And so he decided to create an fciency he experienced as a shipper every time he needed to ‘Expedia’ for freight.ship goods. Between 2012 and 2015, Freightos focused on digitizing the He said his experience wasn’t unique: “Freightos research supply via a solution for logistics service providers to use inter-shows it takes an average of three days for a shipper to receive a nally. This platform, Freightos AcceleRate, does rate manage-simple price quote even on a major trade lane. Twenty-fve per- ment, instant freight quoting, business intelligence and tender cent of containers don’t make it on to the ship you expect them to management. Additionally, Freightos acquired Freightos Web-go on. Eighty-three percent of shipments don’t have proper track Cargo with the world’s largest database of air cargo rates.Finding quotes on Freightos Marketplace, the online global shipping booking service.Credit: Freightos48 Maritime Logistics Professional November/December 2018| |