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Freightos expands to the UK

The freight marketplace and rate management software provider has extended its online marketplace to the United Kingdom.

   Freightos, a freight marketplace and rate management software provider, has extended its online marketplace to the United Kingdom, the company said in a statement.
   The Freightos marketplace offers instant comparison, booking, and management of freight services from multiple logistics providers. Since 2016, the company’s marketplace has been facilitating trade in the United States, making the United Kingdom its second market.
   The UK’s top export destinations are the United States, Germany, Switzerland, China and the Netherlands. Meanwhile, the top import origins are Germany, China, the United States, the Netherlands and France.
   “Our expansion to the UK signifies the maturation of our operations and the existing need in the market for transparent and modern systems to enable global logistics operations,” Freightos Founder and CEO Dr. Zvi Schreiber said. “Our team has long held the vision of frictionless trade, and we have reached the tipping point: Frictionless global trade is here. By expanding our services to Britain, we are opening an entirely new and smarter way of doing business with importers and exporters throughout the UK.”