WebCargo by Freightos, the leading cargo booking and payment platform, has partnered with three China leading master loaders to offer global forwarders real-time access to Chinese air cargo export capacity.
"This innovation allows thousands of forwarders on WebCargo across Europe and North America to compare prices, book and pay across Sinotrans Global E-commerce Logistics (Sinoair), CIMC Anda Shun International Logistics(CIMC Anda Shun) and Sinotech Logistics (Sinotech)," says an official release from Freightos. International Freight Transport
The master loader capacity complements capacity that is already available on WebCargo directly from major airlines, giving freight forwarders maximum choice in the critical ex-China routes, and saving time and money. Unlike many airlines, these master loaders do not require forwarders to be IATA cargo agents, the release added.
"Historically, China’s master loaders would offer their services to local forwarders who would then resell capacity to overseas forwarders looking to import goods from China. That changes with this announcement."
Manel Galindo, CEO, WebCargo says: “By the end of Q1 we will have on-boarded three Chinese master loaders, Sinoair, CIMC Anda Shun and Sinotech. No more language or time zone barriers, middlemen or costly delays. Going forward, forwarders will have cross-border access to China, democratising access to global air cargo on this key trade lane.”
Shipments originating in China represent one of the largest segments of global air cargo, accounting for 7.3 million tonnes out of a global air cargo market of 65.7 million tonnes.
"WebCargo's innovative platform and our expertise in Chinese air freight is a winning combination," says Wenxuan Zang, General Manager, Logistics and Information Technology Department, Sinoair. "The opportunity to offer direct sales with western forwarders will expand access to a large customer base and provide us with financial KYC’s through Webcargo’s payments functionality—both important advantages in this uncertain economy.”
WebCargo partners include over 30 airlines like China Southern, American Airlines, Turkish Airlines, Lufthansa, Etihad Cargo, Air France KLM, IAG Cargo, SAS, Qatar Airways, El Al, and Emirates SkyCargo.
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