Air freight booking platform cargo.one has snagged US$42 million in series B funding led by California-based venture capital firm Bessemer Venture Partners, joined by existing investors Index Ventures, Creandum, Point Nine and Next47. With the fresh funds cargo.one will focus on growth opportunities in North America and Asia trade lane, where airlines have been responding to surging demand for air cargo. Recently it signed three new airlines onto its platform to handle 180 tonnes of air cargo … [Read more...] about Air cargo booking platform cargo.one raises $42 million in series B round
IT
Nallian opens Singapore office, names new APAC MD
Air cargo data sharing platform Nallian has opened up a new office in Singapore as the Belgian IT company aims to support its clients and leverage on the growth in the Asia Pacific region. Along with the new office, Geert Van Brempt, a seasoned manager with over 20 years of experience working in the region, has been appointed managing director for Asia Pacific. Also read: Airbus launches new campus in Singapore This year has been an important one for the company as it expanded its … [Read more...] about Nallian opens Singapore office, names new APAC MD
Air cargo handler WFS taps Transputec for cybersecurity
Worldwide Flight Services (WFS) has partnered with IT services provider Transputec to boost cyber security monitoring across its global network which comes at a time when safety and security have become even more important as vaccines start to roll out. Transputec, who also launched its own thermal scanner, will provide round-the-clock protection of WFS’ air cargo and ground handling operations, made up of 21,800 employees at 171 stations in 22 countries across five continents. The IT … [Read more...] about Air cargo handler WFS taps Transputec for cybersecurity
Etihad gives view to cargo handling capacity with Validaide
Etihad Cargo has partnered with Validaide to leverage on its validation platform that provides info on the special handling capabilities of various logistics suppliers. The platform can be used to co-manage and co-share station facilities for pharmaceutical products and other special cargo with global customers. The “premium membership” partnership will see Etihad Cargo join Validaide’s advisory board and extends the carrier’s digital reach to more than 500 logistics providers. Validade’s … [Read more...] about Etihad gives view to cargo handling capacity with Validaide
Hellmann develops new tracking platform for air cargo
Hellmann Worldwide Logistics will launch a new tracking tool for air freight shipments in partnership with Bonn-based tech startup BlueBox Systems, a press release revealed. The full-service provider and its IT partner developed a web-based platform that provides information about their air freight shipments at a glance, regardless of airline, route or type of shipment. Based on GPS coordinates, SmartAir! provides real-time information about air freight shipments, including stopovers and … [Read more...] about Hellmann develops new tracking platform for air cargo
IBS Software, CargoAi tie-up to spur cargo revenue for airlines
IBS Software partnered with CargoAi in a move that will allow iCargo partner airlines to increase their market reach and scale up cargo revenue, a press release stated. The two companies have been working together since July 2020 to integrate iCargo and CargoAI using a scalable application programming interface (API) architecture. With this integration between platforms, iCargo partner airlines can simply turn on the switch for e-bookings from all over the world to reach their … [Read more...] about IBS Software, CargoAi tie-up to spur cargo revenue for airlines