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

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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.

Freightos (NASDAQ: CRGO) annuncia che Qantas Freight si è unita alla sua piattaforma di prenotazione per il cargo aereo. L'integrazione consente ai spedizionieri di cercare, confrontare e prenotare capacità attraverso le piattaforme WebCargo e 7LFreight di Freightos per i servizi di Qantas e Jetstar tra gli Stati Uniti, l'Australia e la Nuova Zelanda. La rete collega i principali hub statunitensi (LAX, SFO, DFW, JFK) con le città australiane (Sydney, Melbourne, Brisbane). I spedizionieri possono accedere a preventivi e prenotazioni istantanee per fornitori di trasporto terrestre e aereo, inclusi i carichi LTL, il cargo aereo domestico degli Stati Uniti e il cargo aereo internazionale su un'unica piattaforma. WebCargo di Freightos ospita ora 55 vettori, che rappresentano quasi il 70% della capacità globale di cargo aereo.

Freightos (NASDAQ: CRGO) anuncia que Qantas Freight se ha unido a su plataforma de reservas de carga aérea. La integración permite a los transitarios buscar, comparar y reservar capacidad a través de las plataformas WebCargo y 7LFreight de Freightos para los servicios de Qantas y Jetstar entre EE.UU., Australia y Nueva Zelanda. La red conecta los principales centros de EE.UU. (LAX, SFO, DFW, JFK) con las ciudades australianas (Sídney, Melbourne, Brisbane). Los transitarios pueden acceder a cotizaciones y reservas instantáneas para proveedores de transporte terrestre y aéreo, incluyendo envíos LTL, carga aérea doméstica de EE.UU. y carga aérea internacional en una sola plataforma. WebCargo de Freightos ahora alberga 55 transportistas, que representan casi el 70% de la capacidad global de carga aérea.

Freightos (NASDAQ: CRGO)는 Qantas Freight가 항공 화물 예약 플랫폼에 합류했다고 발표했습니다. 이 통합은 화주들이 Freightos의 WebCargo 및 7LFreight 플랫폼을 통해 미국, 호주 및 뉴질랜드 간의 Qantas 및 Jetstar 서비스에 대한 용량을 검색하고 비교하며 예약할 수 있도록 해줍니다. 이 네트워크는 주요 미국 허브 (LAX, SFO, DFW, JFK)와 호주 도시 (시드니, 멜버른, 브리즈번)를 연결합니다. 화주들은 단일 플랫폼에서 LTL 배송, 미국 내 항공 화물 및 국제 항공 화물에 대한 즉각적인 요율 견적 및 예약에 액세스할 수 있습니다. Freightos의 WebCargo는 이제 55개의 항공사를 호스팅하고 있으며, 이는 전 세계 항공 화물 용량의 거의 70%를 차지합니다.

Freightos (NASDAQ: CRGO) annonce que Qantas Freight a rejoint sa plateforme de réservation de fret aérien. L'intégration permet aux transitaires de rechercher, de comparer et de réserver des capacités via les plateformes WebCargo et 7LFreight de Freightos pour les services de Qantas et Jetstar entre les États-Unis, l'Australie et la Nouvelle-Zélande. Le réseau connecte les principaux hubs américains (LAX, SFO, DFW, JFK) avec des villes australiennes (Sydney, Melbourne, Brisbane). Les transitaires peuvent accéder instantanément à des devis et à des réservations pour des fournisseurs de transport terrestre et aérien, y compris les envois LTL, le fret aérien domestique aux États-Unis et le fret aérien international sur une seule plateforme. WebCargo de Freightos accueille désormais 55 transporteurs, représentant près de 70 % de la capacité mondiale de fret aérien.

Freightos (NASDAQ: CRGO) gibt bekannt, dass Qantas Freight seiner Luftfracht-Buchungsplattform beigetreten ist. Die Integration ermöglicht es Spediteuren, Kapazitäten über die Plattformen WebCargo und 7LFreight von Freightos für die Dienste von Qantas und Jetstar zwischen den USA, Australien und Neuseeland zu suchen, zu vergleichen und zu buchen. Das Netzwerk verbindet die wichtigsten US-Hubs (LAX, SFO, DFW, JFK) mit australischen Städten (Sydney, Melbourne, Brisbane). Spediteure können sofortige Preisangebote und Buchungen für Boden- und Luftdienstleister, einschließlich LTL-Versendungen, inländischer US-Luftfracht und internationaler Luftfracht auf einer einzigen Plattform abrufen. WebCargo von Freightos hostet jetzt 55 Anbieter, die fast 70 % der globalen Luftfrachtkapazität repräsentieren.

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.

Insights

This partnership represents a strategic expansion of Freightos' digital freight booking platform, adding significant value to their service offering in the trans-Pacific routes. The addition of Qantas Freight, with its extensive network between major US hubs and Australian cities, strengthens Freightos' market position as they now cover 70% of global air cargo capacity with 55 carriers.

The integration enhances Freightos' competitive advantage in the digital freight booking space, particularly for the US-Australia-New Zealand corridor. The platform's ability to offer real-time booking capabilities for both passenger and dedicated freighter services positions them well in the growing digital logistics market. However, given Freightos' current market cap of $65.1M, the immediate revenue impact may be modest while offering long-term growth potential through increased platform adoption and transaction volumes.

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.

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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.

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