Freightos WebCargo acquires Air Freight Bazaar India

E-booking platform Freightos WebCargo has acquired India’s Air Freight Bazaar, a regional air cargo rates and sales platform based in Chennai. “This acquisition combines WebCargo’s advanced air cargo rates, sales and e-booking platform, used by over 1,400 leading forwarders, with Air Freight Bazaar’s market share of 300 leading regional air forwarders,” said a Freightos WebCargo spokesperson.
Air Freight Bazaar customers will receive access to WebCargo’s existing platform, including access to on-demand air rates, dynamic pricing, and e-booking with airlines like Lufthansa Cargo.
Vinay Sethia, Co-founder, Air Freight Bazaar, said, “With WebCargo by Freightos, we can offer our customers improved technology, direct access to over 300 airlines, and e-booking. We’re also excited to represent WebCargo and Freightos in India.”
Zvi Schreiber, Chief Executive Officer, Freightos, said, “Air Freight Bazaar has been a regional leader in freight digitalisation, making them a natural fit. Our initial focus in India will be on further automation for local air freight forwarders and collaborating on dynamic pricing and e-boking with regional airlines.”