News / Freightos buys WebCargoNet and creates world's largest freight rate database

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Online freight booking platform Freightos has propelled itself to the forefront of the market with the acquisition of air cargo rate provider WebCargoNet.

The deal creates the largest database of freight rates in the world.

Although the companies will continue to operate under separate brands for now, the pair have hundreds of millions of rates and routes, which they claim will boost business for SMEs and forwarders who can now book online with ease.

About one third of US importers are small shippers, ...