Qantas Freight Joins Freightos, Expanding Trans-Pacific Capacity on Key US, Australia and New Zealand Routes

Rhea-AI Summary

Freightos (NASDAQ: CRGO) announces that Qantas Freight has joined its air cargo booking platform. The integration enables freight forwarders to search, compare and book capacity across Freightos' WebCargo and 7LFreight platforms for Qantas and Jetstar services between the US, Australia, and New Zealand. The network connects major US hubs (LAX, SFO, DFW, JFK) with Australian cities (Sydney, Melbourne, Brisbane). Forwarders can access instant rate quotes and bookings for ground and air providers, including LTL shipments, domestic US air cargo, and international air cargo on a single platform. WebCargo by Freightos now hosts 55 carriers, representing nearly 70% of global air cargo capacity.

Positive

• Strategic partnership expands trans-Pacific cargo capacity
• Platform now represents ~70% of global air cargo capacity with 55 carriers
• Integration provides real-time booking and visibility capabilities
• Expands service offerings to include both passenger and 747-400F freighter services

Negative

• None.

BARCELONA, Spain, Nov. 5, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO) a leading, vendor-neutral booking and payment platform for the international freight industry, is proud to announce that Qantas Freight, the cargo division of Australia's national carrier Qantas, has joined its air cargo booking platform. This will enable freight forwarders to search, compare and book capacity across Freightos' WebCargo and 7LFreight by WebCargo platforms for all Qantas and Jetstar services between the US, Australia and New Zealand.

Qantas Freight's trans-Pacific network provides freight forwarders with the ability to streamline and improve operations with digital bookings between key US hubs, including Los Angeles (LAX), San Francisco (SFO), Dallas/Fort Worth (DFW), and New York (JFK) and major Australian cities, such as Sydney (SYD), Melbourne (MEL) and Brisbane (BNE). With Qantas' combined passenger and 747-400F freighter services, forwarders benefit from unmatched capacity options and U.S. forwarders will have more options at their disposal for instant rate quotes and bookings by both ground and air providers, including Less Than Truckload (LTL) shipments, domestic US air cargo, and international air cargo, all on one platform.

"The air cargo industry is in the midst of a transformation, with digital solutions driving the shift toward faster, more reliable freight movements. Partnering with Qantas Freight enables forwarders to take control of their shipments with real-time booking and visibility, whether via WebCargo, 7LFreight by WebCargo or even in their TMSs via our integrations," said Zvi Schreiber, founder and CEO of Freightos. "This is what modern logistics needs to look like, and together with Qantas, we're setting a new standard for digitalization and efficiency in trans-Pacific trade."

Igor Kwiatkowski, Executive Manager at Qantas Freight said, "Partnering with Freightos is great for our customers, streamlining the booking process on key trans-Pacific routes and modernizing the way forwarders access Qantas and Jetstar capacity. With more dedicated freighter and passenger services than any other cargo operator across the Pacific, forwarders can now benefit from the addition of Qantas Freight onto WebCargo's online booking platform."

Adding Qantas and Jetstar solidifies WebCargo by Freightos' position as the leading platform for air cargo bookings, with some 55 carriers representing nearly 70% of global air cargo capacity. Forwarders can immediately begin booking Qantas Freight capacity by registering for a free account at https://www.webcargo.co/qantas-freight/. To request a demo for 7LFreight's platform, visit 7LFreight.com.

About Freightos
Freightos® (NASDAQ: CRGO) is the leading vendor-neutral global freight booking platform. Airlines, ocean carriers, thousands of freight forwarders, and well over ten thousand importers and exporters connect on Freightos, making world trade faster, more efficient and more resilient.

The Freightos platform digitizes the trillion dollar international freight industry, supported by a suite of software solutions that span pricing, quoting, booking, shipment management, and payments for global businesses of all shapes and sizes. Products include the Freightos Marketplace, WebCargo, WebCargo for Airlines, 7LFreight by WebCargo, Shipsta by Freightos, and Clearit.

Freightos is a leading provider of real-time industry data via Freightos Terminal, which includes the world's leading spot pricing indexes, Freightos Air Index (FAX) for air cargo and Freightos Baltic Index (FBX) for container shipping. More information is available at freightos.com/investors.

Media Contact
Tali Aronsky
PR Lead, Freightos
tali.aronsky@freightos.com

Investor Contact
Anat Earon-Heilborn
ir@freightos.com

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SOURCE Freightos

FAQ

What is the impact of Qantas Freight joining Freightos (CRGO) platform?

Qantas Freight joining Freightos expands trans-Pacific cargo capacity, enabling freight forwarders to book capacity between US, Australia, and New Zealand through WebCargo and 7LFreight platforms.

Which routes are covered in the Freightos (CRGO) and Qantas Freight partnership?

The partnership covers routes between US hubs (Los Angeles, San Francisco, Dallas/Fort Worth, New York) and Australian cities (Sydney, Melbourne, Brisbane).

How many carriers does Freightos (CRGO) WebCargo platform now include?

Freightos' WebCargo platform now includes 55 carriers, representing nearly 70% of global air cargo capacity.