In a wide-ranging business agreement, Freightos supplies WebCargo technology to digitize FedEx Logistics, while FedEx Trade Networks provides digitized customs brokerage services for importers on the Freightos.com marketplace.
HONG KONG – The Freightos Group is proud to announce a strategic agreement with FedEx Logistics, Inc. and FedEx Trade Networks Transport & Brokerage, Inc., (FedEx Trade Networks), the largest customs-entry filer in the U.S.The agreement will span internal sales digitization for FedEx Logistics and digital customs brokerage on Freightos.com, the world’s largest online freight marketplace.
The Freightos Group is proud to be selected by FedEx Logistics for a global rollout of WebCargo’s AcceleRate, a multi-modal rate management and sales digitization platform, and WebCargo Air, the air cargo pricing, quoting, and eBooking platform. Together, this enables instant global freight pricing for FedEx Logistics users globally,
improving customer service and internal efficiencies.
In addition, Freightos.com will incorporate the sophisticated digital customs brokerage services that FedEx Trade Networks offers to enable smoother international trade for the 150,000+ global importers and exporters registered on the Freightos.com shipping marketplace. The on-demand customs brokerage provided by FedEx Trade Networks will augment Freightos.com’s one-stop offering of instant price comparison, booking, and management across over 75 leading global logistics providers.
“FedEx Logistics brings a focus on compliance and simplicity, along with a globally trusted brand, to customers and importers on Freightos.com. Through this agreement, the Freightos Group offers digital technology that will improve the overall customer experience.”John Gazitua, SVP, Cargo Networks, FedEx Logistics
“Freightos Group is honored to collaborate with FedEx Logistics to provide an enhanced customer experience,” said Zvi Schreiber, Freightos Group CEO. “Their commitment to providing importers and exporters a seamless shipping experience and exceptional data integrity aligns perfectly with Freightos expertise. Our team’s implementation knowledge combined with our rate management system is what sets Freightos Group apart as a leader in digital transformations.”
About Freightos Group
Freightos® makes global trade frictionless with the world’s online marketplace for the trillion dollar international shipping industry. The Freightos Marketplace helps importers and exporters reduce logistics spend and save time with instant comparison, booking and management of air, ocean and land shipments from top logistics providers. Theresult is international shipping that’s as smooth as booking a flight online.
Freightos also provides patent-pending technology that empowers carriers and logistics providers around the world to automate freight sales. Freightos AcceleRate™ and Freightos WebCargo™ power rate management, automated pricing, and online freight sales for over 1,000 logistics service providers and carriers, including multi-billion dollarcompanies like Air France KLM, IAG Cargo, DSV Panalpina, and Nippon Express.
Freightos has accumulated the world’s largest global database of multimodal freight rates, providing industry transparency with the Freightos Baltic Index. Founded by serial entrepreneur Zvi Schreiber, Freightos is a logistics technology pioneer with a worldwide presence, and has raised $94.4 million from leading venture funds, including GE Ventures and the Singapore Exchange.
About FedEx Logistics
FedEx Logistics plays a key role within the FedEx portfolio, connecting 95% of the world’s gross domestic product (GDP) with its comprehensive suite of specialty logistics solutions. The company provides air and ocean freight forwarding, supply chain solutions, specialty transportation, cross border e-commerce technology services,
customs brokerage, and trade management tools and data from a single trusted source.
For more information, visit fedex.com/logistics.