Freightos Unveils Enterprise Suite, Creating First End-to-End Global Freight Procurement Platform
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"Enterprise logistics teams are drowning in spreadsheets, emails, and siloed platforms," said
Freightos Enterprise combines three powerful modules into one unified platform:
- Procure: Automated RFQs (Request for Quotes), tender management and contract optimization, which reduces procurement time by up to 90% while digitalizing communications with logistics service providers. Freightos Procure is based on the recent acquisition of Shipsta.
- Rate, Book & Manage: Direct digital connectivity to hundreds of carriers, typically through their logistics service providers, for rate comparison, booking, and shipment tracking.
- Terminal: Real-time freight market intelligence with newly enhanced contract benchmarking capabilities, leveraging data from dozens of multinational BCOs to provide unprecedented visibility into commercial market rates.
Freightos Terminal includes the leading indexes for container shipping and air cargo, Freightos Baltic Index (FBX) and Freightos Air Index (FAX).
"Having everything connected - from market intelligence to tender procurement to actual bookings - transforms how shippers operate. Now, teams can focus on strategy, instead of chasing information across multiple systems and endless email chains, saving time and money, and getting goods on shelves with less overhead and more reliability," said
The product launch timing is perfectly aligned with the industry's current challenges, as logistics professionals grapple with trade uncertainties, canal closures and highly volatile rates, facing increasing pressure to optimize spend and efficiency across increasingly complex supply chains. Customers implementing the Freightos Enterprise suite have reported:
- 20% reduction in freight spend through data-backed negotiations
- 80% decrease in email communication around quoting and booking
- Elimination of communication bottlenecks with logistics service providers
- Comprehensive visibility from contract negotiation to final delivery
Freightos Enterprise is available immediately, with flexible implementation options allowing companies to start with their most pressing needs before expanding to the full suite. Click here to get started.
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 is a leading provider of real-time industry data via
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SOURCE Freightos
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