Freightos is an online freight shipping marketplace and platform that offers digital solutions for comparing, booking, and managing global freight shipments. Their platform provides instant freight quotes from multiple providers, covering air, ocean, and trucking freight. Freightos aims to simplify and streamline the logistics process for importers, exporters, and freight forwarders by offering tools such as rate management, eBooking, and market intelligence.
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Freightos Climate Tech relevance
The freight industry accounts for about 10% of all emissions. Within this, shipping emissions constitute 2.9% of global carbon emissions. Whilst planes constitute 1-2% of global carbon emissions, under 50% of their total carbon capacity is used.
Freightos’ strategy is to measure and then reduce these emissions. Freightos enables standard-compliant global freight emissions visibility with a GHG emissions calculator for all modes of freight. Every shipping service offered on the Freightos Marketplace includes a transparent CO2 footprint estimation. To reduce emissions, Freightos uses dynamic capacity optimization, which has been proven in passenger travel to increase utilization and reduce empty flights.
With visibility and improved utilization, Freightos facilitates the elimination of a billion tons of carbon emissions every year.