In less than three years, the world’s only cloud-native air cargo solutions provider, CargoAi, has succeeded in overtaking some of its close competitors and has already attracted a quarter of the world’s airline capacity to its digital marketplace. More airline and GSA contracts are in place to double this by the end of this year.
CargoAi’s mission as a marketing technology company and SaaS application provider, is to “bring the best technologies to airfreight, so as to effectively build the missing pieces and seamlessly connect the airfreight industry.” The approaches it takes to digitalise forwarder, airline, GSA, TMS, and other air cargo stakeholder processes, are unique. For one, CargoAi uses code instead of servers to support its applications, deploying the latest available technology in building its solutions. Its most distinctive differentiator compared to other real-time digital platforms, is its unique and easy-to-adopt spot request feature available for more than 80 airlines. This is a freight forwarder favourite, since it can be used to request larger shipments (averaging 2 tonnes in weight) that are often not covered by an airline’s API due to technical limitations. Co-construction is also a central element that distinguishes CargoAi's approach : working hand in hand with GSAs, CargoAi provides them with tools that allows them to respond more effectively to the needs of the airlines they serve. Also, the fact that CargoAi is cloud-native since its very beginning; a basis that greatly facilitates its intense IT and data security focus. And finally, user experience is central to every step of the product development, leading to an intuitive platform for which freight forwarders require no training in order to be able to start using it.
The result so far, is a suite of products including Marketplace, Whitelabel, API suite, CargoBi, and Sustainability. CargoAi’s eBooking marketplace sees double-figure growth every month and now includes 61 airlines flying 5,000 different routes. More than 5,000 freight forwarders across 103 countries actively use the platform, benefitting from greater process efficiencies and the transparency it offers. CargoAi’s current contract roll out will connect 50% of the world’s air cargo capacity by the end of 2022, doubling its current status, with more in the pipeline for 2023.
Matthieu Petot, CEO of CargoAi, commented; We are the digital market leader in Asia, where we started out, and now offer more airlines and routes than our peers in Europe, thanks to a few strategic partnerships.