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Home » Freightos Acquires Air-Cargo Rate Manager WebCargoNet

Freightos Acquires Air-Cargo Rate Manager WebCargoNet

September 21, 2016
Freightos

According to Freightos, the deal creates the world's largest database of air, ocean and land freight rates with hundreds of millions of international and domestic rates and routes for use by small to medium-sized businesses and freight forwarders. WebCargoNet will retain its independent brand, complementing Freightos' AcceleRate freight rate-management offering and the Freightos Marketplace. There will be no immediate changes to the current offerings of either company, Freightos said. The acquisition involved both cash and Freightos shares. Freightos provides AcceleRate via the software-as-a-service model, to automate pricing and routing for carriers, freight forwarders and shippers.

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Air Cargo LTL/Truckload Services Ocean Transportation Rail & Intermodal Transportation & Distribution Technology Cloud & On-Demand Systems SC Finance & Revenue Management SC Planning & Optimization Sourcing/Procurement/SRM Supply Chain Visibility Transportation Management High-Tech/Electronics
KEYWORDS Air Cargo Cloud, SaaS & On-Demand Systems High-Tech/Electronics LTL/Truckload Services Ocean Transportation Rail & Intermodal SC Finance & Revenue Management SC Planning & Optimization Sourcing/Procurement/SCM Supply Chain Visibility Technology Transportation & Distribution Transportation Management
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