The Freightos Group Blog
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Will Logistics Technology Take My Job?
Who hasn’t asked themselves whether technology is threatening their job? Of course, logistics is far from immune. A White House report from 2016 estimated that 80%-100% of long-haul trucking jobs may be threatened by artificial intelligence. It’s...
Logistics Services and Digital Customer Service Five Years From Now
Today we shop in our pajamas, comfortable behind our screens. For consumers, eCommerce has become our baseline service expectation – US retail grew by only 2% in the first half of 2016 but e-commerce growth hit...
Freight Forwarders Don’t Need Rate Management Systems
No one needs a hammer – they need a way to drive nails into walls. And no one needs Netflix – they want on-demand TV shows. Similarly, no forwarder needs a rate management system (RMS) per se – they...
The Logistics Trend Behind The Latest Trend
This post was contributed by Kenneth Kowal, the founder of ShipStarter. Kenneth is a 25+ year professional of the supply chain industry. He writes content for many of the world’s largest logistics companies, as well...
Freight Index Update: 9 April 2017 (W14)
Rates are looking up. Last Sunday’s Freightos Index kicked off with little to no signs of a GRI, with three core lanes showing no movement, and two (China – US West Coast and Europe – US) heading down. But by...
Freightos Raises $25 Million Round Solidifying Position As Digital Global Freight Leader
Round extension led by GE Ventures, after 600% order growth in six months following the Freightos Marketplace launch and adoption of Freightos software by 1,000 freight forwarders (March 29, 2017) – Freightos®, the logistics technology company...
Behind the $5 billion dollars in logistics technology investments
Today Freightos announced a $25 million dollar funding round, led by GE Ventures. In the five years since Freightos launched, logistics and technology have increasingly converged. At JOC’s TPM in Long Beach last month, no less than...
Announcing the Freightos Freight Index
By Noam Fraenkel, VP Data and Analytics, Freightos Today, Freightos is giving away statistical analysis of some 300 million international freight market data points, launching the Freightos Baltic Index, the world’s top freight container index. And...
Why Tech Giants Are Focusing on Trucks, Drones and Ships
Business Insider’s scoop on Amazon creating an Uber for Trucking app isn’t a surprise. LogTech venture capital investments have been growing rapidly these past years, as recently reported by CB Insights. What’s more, Alibaba founder Jack Ma announced...
OPEC Or The Chinese New Year? Freight Prices Going Forward
Last week, for the first time in eight years, OPEC decided to cut oil output by about 1.2 million barrels a day. And they are also confident of soon securing a commitment from some non-OPEC countries to...