Pact inked to reduce carbon emissions for air freight

CargoAi and Finland-based oil refining company Neste have entered into a partnership to offer freight forwarders options to reduce their carbon emissions from air cargo transportation. As of November, CargoAi is offering freight forwarders the option to purchase Neste’s sustainable aviation fuel (SAF) when booking cargo transport, the companies said. This can be done either after a booking is confirmed or when the cargo is being tracked, they said. The offering will “further encourage forwarders to enter into discussions with their own clients about what is needed for the industry to move forward towards reaching the industry’s net zero targets together”, said Matthieu Petot, chief executive of CargoAi. “We are also enabling access for smaller freight forwarding companies in 110 countries to purchase SAF in smaller quantities,” he added. SAF is a key element in helping to reach aviation industry’s goal of net-zero carbon emissions by 2050. While air cargo has historically been considered less environmentally friendly than other transport methods, it is taking steps to develop more sustainable solutions by investing in fleet modernisation, fuel efficiency, SAF and carbon compensation initiatives. The partnership between Neste and CargoAi will allow the companies “to accelerate and broaden the utilisation of sustainable aviation fuel into new markets”, said Neste’s Jason Reichow.