How does Freightos ensure the accuracy of its FBX and FAX indices compared to other market reports?
The Freightos Baltic Index (FBX) and Freightos Air Index (FAX) are unique because they are based on aggregated and anonymized real-time business data from actual carrier transactions, freight forwarders, and shippers using the WebCargo by Freightos platform. This approach ensures the indices reflect what shippers are truly paying in the global marketplace, rather than relying on surveys or estimates.
Can Freightos help small e-commerce businesses, such as Amazon sellers, manage their international shipping needs?
Yes, Freightos offers scalable solutions like the Freightos Marketplace specifically designed for small and medium-sized companies, including e-commerce businesses. It simplifies the entire booking process by providing instant rate comparisons, easy online booking, and round-the-clock support, eliminating the need for extensive logistics expertise.
What specific types of market events does the Freightos Terminal's news feed cover to aid in supply chain planning?
The Freightos Terminal's key event feed keeps users informed on a variety of critical supply chain disruptions, including congestion, weather conditions, holidays, labor disputes, and policy changes. This information is crucial for both long-term planning and real-time situation awareness in ocean and air freight.
How does the Enterprise solution specifically assist large organizations in optimizing their freight procurement beyond basic rate comparison?
The Enterprise solution automates RFQs and tendering processes, provides competitive rate benchmarking against real-time market data, and offers comprehensive data insights. It connects enterprises directly to thousands of global logistics service providers, optimizing spend and improving relationships through real-time market intelligence and streamlined workflows.
What is the primary difference in data sourcing between the Freightos Baltic Index (FBX) and the Freightos Air Index (FAX)?
While both indices are based on real-time transaction data, the FBX measures 40' container prices from aggregated and anonymized business data from global freight carriers, forwarders, and shippers. The FAX, on the other hand, sources its data from actual booked digital rates and offered digital rates on WebCargo by Freightos, which is the largest digital booking platform for air cargo, serving numerous airlines and freight forwarders.
Does Freightos offer any tools for logistics service providers to expand their network and improve efficiency?
Yes, Freightos provides a vendor-neutral software platform for logistics service providers. This platform allows them to access real-time demand, digitize bookings, and improve operational efficiency. Over 4,000 global freight forwarders and hundreds of airlines, ocean liners, and trucking companies utilize this platform for rate distribution and online sales, often under the WebCargo by Freightos brand.