Freight transport
Physical process of transporting commodities and merchandise goods and cargo
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2024 | WebCargo's platform represented carriers with approximately 70% of global cargo capacity, with 55 digitized carriers actively receiving bookings in Q3. |
August 2024 | Announced the acquisition of Shipsta, an enterprise-grade tender procurement solution used by multinational importers and exporters. |
July 2024 | In Q3, WebCargo achieved 339.1 thousand transactions, representing a 26% growth compared to Q3 2023. |
January 2023 | Freightos went public on Nasdaq with ticker symbol CRGO by combining with the SPAC Gesher 1. |
2021 | Launched the Freightos Air Index (FAX) of air cargo rates. |
2021 | Became a member of the International Air Cargo Association. |
January 2021 | Qatar Airways and TAP Air Portugal Cargo joined the WebCargo platform, further expanding its digital booking capabilities. |
January 2021 | Announced the acquisition of 7LFreight, an air and trucking rate management software solution with a core customer base in the United States. |
2020 | UNCTAD reports that maritime transport accounts for approximately 80% of international trade, highlighting the continued critical importance of sea-based transportation in global commerce. |
June 2020 | AirBridgeCargo integrated with WebCargo, adding to the platform's growing network of digital cargo booking airlines. |
February 2020 | Etihad joined the WebCargo platform, expanding its digital cargo booking services. |
2019 |
Freight technology
Rio Tinto launched the world's first autonomous heavy-haul freight railway trains in Western Australia, using the technology to transport ore from mines to ports.
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2019 |
Freight technology
TradeLens platform expands to cover nearly 50% of global container shipping cargo shipments, demonstrating significant adoption in the maritime logistics technology sector.
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2019 |
Freight technology
The world's first blockchain-based system for streamlining air cargo costing, billing, and reconciliation was announced at the IATA World Cargo Symposium, marking a significant technological advancement in freight logistics.
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2019 | Acquired Air Freight Bazaar, an India-based air cargo rate management product. |
November 2019 | SAS Cargo became another carrier to offer digital booking through WebCargo. |
July 2019 | IAG Cargo (British Airways and Iberia) integrated with the WebCargo platform, further increasing digital booking options. |
April 2019 | Air France–KLM joined the WebCargo platform, expanding digital booking capabilities for freight forwarders. |
2018 |
Freight technology
Maersk and IBM collaborate to create TradeLens, a digital platform designed to improve information sharing and streamline processes across shipping partners, businesses, and authorities.
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September 2018 | Announced a $44.4 million Series C funding round, led by the Singapore Exchange and previous investors like Aleph and More VC. |
July 2018 | Lufthansa became the first airline to offer direct rates for forwarders on the WebCargo platform, marking the beginning of cargo airlines offering connectivity for air cargo pricing and booking. |
April 2018 | Launched the Freightos Baltic Exchange Index, a daily containerized index widely used as an indicator of global container prices. |
March 2017 | Freightos raised $25 million in Series B funding led by GE Ventures, bringing the company's total funding to $50 million. |
August 2016 | Freightos acquired Spanish startup WebCargoNet, which was later marketed as WebCargo by Freightos. |
July 26 2016 | Freightos launched one of the world's first online marketplaces for international freight, enabling instant comparison, booking, and management of freight services from multiple logistics providers. |
2015 |
Merchant navy
Greece controlled the world's largest merchant fleet, with 5,226 Greek-owned vessels totaling 334,649,089 tons of deadweight tonnage (DWT), as reported by Lloyd's List.
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March 2013 | Freightos commercially launched its SaaS service, officially entering the market. |
January 2013 | Freightos became a member of the Airforwarders Association. |
2012 | International Maritime Organization (IMO) reports that carbon dioxide emissions from shipping were 2.2% of global human-made emissions |
2012 |
Merchant navy
The British Merchant Navy's global tonnage share had dramatically declined to only 3% of total world tonnage, significantly reducing its historical maritime prominence.
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October 2012 | First beta customers of Freightos went live, marking the initial deployment of their service. |
January 2012 | Freightos was founded by Zvi Schreiber, an entrepreneur who had previously founded and managed startup companies acquired by IBM and GE. |
2011 |
Merchant navy
British Merchant Navy officers graduated at their 'passing out' ceremony from Warsash Maritime Academy in Southampton, with former First Sea Lord Alan West, Baron West of Spithead in attendance.
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2010 | CIA World Factbook reports an increase to 38,988 merchant ships of at least 1,000 gross register tons, representing a 26% growth in the global merchant shipping fleet. |
2010 | Total number of merchant ships increases to 38,988, representing a 26% growth in global merchant shipping fleet size. |
This contents of the box above is based on material from the Wikipedia articles Freightos, Maritime transport, Merchant navy & Freight technology, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.