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© Konstantin Kirillov

Freight rate platform Xeneta is to move into air cargo, launching a new product in the second quarter of next year.

Xeneta currently offers analytics and data on sea freight rates for subscribers, gathering data from some 700 shippers and forwarders and collating information on 160,000 port-to-port pairings.

CEO Patrik Berglund said customers had been asking the company to extend its offering to air freight.

“Air freight has the same basic dynamics as sea freight. Both are volatile, opaque markets, with the same shippers and forwarders. ...

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