Business
AT YOUR FINGERTIPS: Freightos Terminal Launches Today With Industry-Leading Market Intelligence Data and Insights to Keep International Supply Chains Moving
JERUSALEM, May 10, 2023 /PRNewswire/ -- Today, Freightos® (NASDAQ: CRGO), a leading freight booking and payment platform, unveiled Freightos Terminal, a
About this update from Freightos Limited
[{"type":"text","content":"JERUSALEM, May 10, 2023 /PRNewswire/ -- Today, Freightos® (NASDAQ: CRGO), a leading freight booking and payment platform, unveiled Freightos Terminal, a one-stop dashboard that provides industry stakeholders with the data and market updates, trends and insights that they need to stay informed. This allows logistics professionals to optimize their international shipping and keep supply chains running smoothly and cost-effectively in an uncertain world.\nInternational freight is always prone to disruption: to labor disputes, increasingly frequent storms, conflict and fluctuating demand. When the pandemic hit supply chains in 2020, boardroom leadership took notice, with supply chain mentions in annual reports doubling from 2019 to 2022[1]. Yet, even today, as freight prices have dropped and supply chains have begun to normalize, interest in logistics intelligence persists. A recent Freightos survey of 200 supply chain professionals found that 92% of multinational supply-chain organizations expect to remain as engaged with freight intelligence as they are now, with 60% expecting to be engaged even more. The leading use for data among logistics professionals and shippers is to explain decisions to internal stakeholders and clients, followed by improving price negotiations and optimizing operational decisions.\nTo meet this need, and built upon the popular Freightos Baltic Index (FBX) of container shipping rates, Freightos Terminal provides a suite of powerful data, analysis and news tools. The Terminal brings together several key data. Firstly, custom market intelligence reports with fresh and accurate market pricing, scheduled and actual transit times data on individual lanes, rate benchmarking, expert forecasting and analysis. Secondly, the Freightos Baltic Index (FBX) and the Freightos Air Index (FAX), the world's leading spot market container and air cargo indexes, respectively. And the Market Feed, which provides live feeds on critical events that affect pricing and transit times in a given route, from gathering storms in Jakarta, ramp-up of blank sailings and GRIs on Transpacific routes, to upcoming holidays in Asia and labor disruptions in Germany.\n\"Accurate data is mission critical. Whether it's labor strikes, natural disasters, pandemics or geopolitical shocks, disruptions are a constant that can be mitigated but not elimi...