In this week's global wrap, we look back at week 24 to see the latest developments in the air cargo and wider aviation industry, including the recent step taken by the EU and US to preserve a level playing field between its main aircraft manufacturers. We also feature Worldwide Flight Services' operations centre at CDG to monitor cargo handling in EMEAA, as well as American Airlines and Finnair Cargo as they go online on CargoAi and cargo.one. We round up this week's wrap with B2B updates from … [Read more...] about PLA Global Wrap: Week 24
cargo.one
cargo.one steps into North America with Air Canada
Air freight booking platform cargo.one is making strides in its global expansion strategy as it signed a letter of intent with Air Canada’s cargo division to offer freight capacity on its cargo booking platform, and to make the airline a blueprint for its regional operations. The agreement will be finalised by the end of April, and both companies have kicked off the integration phase, with available capacity on flights between Europe to North America expected to go live in the second … [Read more...] about cargo.one steps into North America with Air Canada
Air cargo booking platform cargo.one raises $42 million in series B round
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
Charter carriers under ECS Group connect to cargo.one
Starting November, capacity of charter carriers Condor, TUI and Sunclass, managed by ECS Group, will be available on cargo.one in Germany, followed by other key European countries such as Belgium and the Netherlands, a press release confirmed. Freight forwarders can check the cargo booking platform to check the capacity at real-time prices for online booking and instant confirmation. Also read: Air cargo booking platform cargo.one bags $18.6 million in series A funding ECS Group said it … [Read more...] about Charter carriers under ECS Group connect to cargo.one
Air cargo booking platform cargo.one bags $18.6 million in series A funding
Berlin-based cargo.one, which runs a platform and marketplace for booking air cargo, raised $18.6 million in series A funding led by Index Venture, the company said in a press release. Next47 and prior backers Creandum, Lufthansa Cargo and Point Nine Capital also joined in the round, along with angel investors from DST Global and Carlos Gonzalez-Cadenas (current COO of GoCardless and former-CPO of Skyscanner). With these fresh funds, the company plans to onboard new airlines, grow in … [Read more...] about Air cargo booking platform cargo.one bags $18.6 million in series A funding