Freightos, looking for an edge in the crowded field of tech-driven shipping startups, is buying a database of air-cargo rates to fill a gap in its new online marketplace.
Freightos in July launched a web platform where retailers and manufacturers can compare shipping rates and book cargo transportation, a service the company likens to travel-booking websites. Before the launch, the four-year-old company had focused its resources on ocean and land shipping, but offered fewer options for shippers looking for speedier ways to move their freight.
Read more on the Wall Street Journal here.