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Freightos Inks FedEx Logistics Deal

March 2, 2010

The Freightos Group inked a strategic agreement with FedEx Logistics and FedEx Trade Networks Transport &Brokerage, 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 was 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,” said John Gazitua, SVP, Cargo Networks, FedEx Logistics. "Through this agreement, the Freightos Group offers digital technology that will improve the overall customer experience."

“Freightos Group is honored to collaborate with FedEx Logistics to provide an enhancedcustomer 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.”

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