FREIGHTOS IN THE NEWS
2018 In the News
Logistics startup Freightos raises $44.4M Series C led by Singapore Exchange
TechCrunch, a popular technology publication, covers Freightos series c $44.4 million funding round led by the Singapore Exchange and highlights what this marriage between logistics and financial services means for the broader logistics industry.
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Digital Marketplace Freightos Gains $45 Million in New Funding Round
The Wall Street Journal, no introduction needed, covers Freightos series c $45 million funding round and includes insight from Freightos CEO and founder Zvi Schreiber on how this positively impacts the logistics industry.
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125+ Startups Disrupting The Logistics Industry
CB Insights, a leading tech analyst firm, showcases Freightos as a leader in the logistics tech space, with a specific focus on Freightos’ role creating the world’s largest online freight marketplace, while automating comparison, booking, and shipment management.
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Freightos launches global index with Baltic Exchange
Working together with the Baltic Exchange, one of the oldest maritime consulting companies in the world, Freightos has launched the first real-time global freight index – the FBX – together with 12 regional indexes. Eventually, these will be used to power financial instruments.
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Global logistics business is going to be transformed by digitisation
Across the board, startups, carriers and forwarders are embracing automation to improve processes. Freightos CEO Zvi Schreiber talks to The Economist about how this will impact imports and exporters.
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The 2018 Mystery Shopping Survey
Freightos’ annual research on the how well the top twenty global forwarders sell online reveal major changes, with new top-tier players now selling online. Check out the article below or see the full report here.
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Freight-Alt-Delete
February, 2017: Zvi Schreiber, in series interviewing industry leaders on how digitalization is transforming shipping. “(Logistics players) that adapt technology to work better will continue to differentiate with outstanding supply chain service and incredible support … Technology isn’t the enemy; it’s a lifeboat. And the alternative for providers is ctrl-alt-delete.”
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Freightos launches ‘FIFI’ aggregated shipping rates index
February, 2017: “Online freight marketplace Freightos has launched its Freightos International Freight Index (FIFI) … FIFI aggregates live freight rates from “hundreds of carriers, forwarders, and shippers,” which Freightos is offering, free of charge, to promote, “data-informed decision-making.”
International trade practices “archaic”, says Freightos survey
Covering a Freightos survey of US importers and exporters, AirCargoNews shows how small and midsize businesses are paying a heavy price – in time and money – because of current global freight processes.
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Ocean Carrier Trends: Will global shipping alliances restore stability?
Logistics Management dives into Freightos’ annual global freight data report, sharing key trends in global ocean rates, capacity and modal shift. Plus, there are fancy charts.
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Bill Gates and Jeff Bezos both agree this industry shows the biggest potential
In an article published in InternetRetailer’s DigitalCommerce360, Freightos CEO Zvi Schreiber shares thoughts on how Alibaba and Amazon are converging on comprehensive logistics technology overhaul.
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Salmon fly commercial and airlines reap rewards of air cargo growth
In just one example of many, Freightos Baltic Index is leveraged to provide insight into freight market trends. In this case, CNBC uses Freightos’ multimodal capabilities to showcase how air capacity strains, combined with e-commerce trends, are straining importer budgets.
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Shipping to data: The case of Amazon Prime Day
In this Freightos feature, ZDnet explores the growing importance of freight data…and how Freightos is playing a pivotal role in bringing the industry online. This one made us blush.
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Freightos Is Poised to Transform the Trillion-Dollar Freight Industry
Inc. dives into the genesis story of Freightos, tracking founder Zvi Schreiber’s personal (and frustrating) experience…and how that evolved into the Freightos of today.
VIEW ARTICLELogistics startup Freightos lands $25 million in funding from GE Ventures
Techcrunch’s take on Freightos’ $25 million Series B round, led by General Electric, to scale the “booking.com, but for international shipping,” into more countries.
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18 Tech Predictions for 2017
December, 2016: “Freight will cost less as small business supply chains get big business capabilities. As LogTech brings the logistics industry online … data is getting more transparent. Real-time access to information is a game-changer, enabling the smallest companies to easily source globally, just like multi-nationals.”
2016 In the News
This $1 Trillion Industry Is Finally Going Digital
The MIT Technology Review takes a look at how Freightos is changing the world, beginning with how aggregating global logistics data can drive change.
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Why logistics startups are a hot investment
Logistics technology is sky-rocketing to prominence across the VC sector. Writing for Supply Chain Dive, Dinah Wisenberg Brin explains why.
VIEW ARTICLEFreightos Buys Air-Cargo Rival to Boost Online Marketplace
The Wall Street Journal’s excellent logistics section covers Freightos’ acquisition of Freightos WebCargo, creating the world’s largest digital database of global multimodal freight rates.
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Bringing International Freight Online
Live on BBC World News, Freightos CEO Zvi Schreiber shares why global freight is so important…and how much better it can get.
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Freightos Collects $14 Million for Shipping-Price Quotes
Dow Jones VentureWire covers Freightos raise of a $14 million dollar round to power services for logistics providers, building up towards the launch of an international freight marketplace.
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The World’s Top 10 Most Innovative Companies Of 2015 In Israel
Fast Company names Freightos one of Israel’s top ten most innovative companies for…”for bringing freight into the 21st century“.
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New online freight portals pose a hi-tech challenge to traditional freight forwarders
The Loadstar takes a look at the new generation of freight platforms…and how the industry incumbents view them.
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Online innovation raises competition level, Kuehne + Nagel head says
Journal of Commerce explores the new world of logistics technology, saying how in the freight world in undergoing change with “improving online processes creating competition from outside the industry as well as from within it“.
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