Press release Qatar Airways Cargo, the world’s leading air cargo carrier, and WiseTech Global, a leading provider of software solutions to the logistics industry, have commenced implementation of an extensive direct data connection between their global operating systems. The direct data connection between WiseTech’s leading CargoWise platform and Qatar Airways Cargo management system, CROAMIS, streamlines the exchange of critical operational data that reduces risk, complexity and costs for … [Read more...] about Qatar Airways, WiseTech Global team up to unify cargo data
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Japan Airlines taps IBS Software to enhance cargo ops
Japan Airlines (JAL) is looking to provide better user experience for its cargo customers and partners and manage costs by replacing multiple legacy systems and migrating its operations to the cloud. The carrier is now using IBS Software’s iCargo Cargo Terminal Operation (CTO) for Japan to cover the import, export, transfers, as well as warehouse and airport operations across its domestic and international network. Despite the volatile conditions caused by the coronavirus, IBS said the … [Read more...] about Japan Airlines taps IBS Software to enhance cargo ops
TAC Index platform introduces four new trade routes
Air freight rate data provider TAC Index has added several new important routes to its growing list of air cargo indices, a press release confirmed. The newly launched routes include Vietnam to Europe, US to China, US to South America and US to Europe, which would provide significant data and insights for any party interested in air cargo. TAC Index says its route indices, based primarily on raw transaction data from freight forwarders, are now starting to incorporate further data points … [Read more...] about TAC Index platform introduces four new trade routes
AirAsia ramps up cargo services with blockchain technology
Airlines under the AirAsia Group are further strengthening their cargo footprint by marketing and selling available cargo spaces on flights with blockchain platform Freightchain. This will allow airlines within the group to fully interline its flights digitally with other carriers, allowing for a faster and more on-demand connectivity to transport cargo across Southeast Asia and other regions. The digital platform, considered the word’s first air cargo network based on blockchain, will … [Read more...] about AirAsia ramps up cargo services with blockchain technology
Speedcargo outlines next stage of cargo digitalisation
The air cargo and logistics industry is currently at the stage of digitalisation, and while the adoption may be nascent there are those who are working hard to accelerate the transformation beyond paperless trails and transactions. Singapore-based tech company Speedcargo knows the value of digitising paperwork and workflow management, but the company believes the next stage is capturing the digital information of cargo. “An industry that is based on the movement of physical goods will need … [Read more...] about Speedcargo outlines next stage of cargo digitalisation
PayCargo raises US$125 million in series B round
Freight payments platform PayCargo has snagged US$125 million series B investment by global venture capital and private equity firm Insight Partners. The series B round comes nine months after the investor injected US$35 million, and the company said this round of investment will allow them to expand into new markets, with a focus on security and data protection, to fit every part of the supply chain. “The incredible growth PayCargo has experienced since our initial investment is a … [Read more...] about PayCargo raises US$125 million in series B round
