Air Freight Exchange to Start Testing
An electronic global market for air cargo capacity is planned for rollout, with a bit of help from Germany’s postal service.
The exchange will act as a global marketplace for buying and sel-ling air capacity for cargo. It aims to provide airlines and freight forwarders with quicker transactions at lower cost, supported by better quality data, according to GFX.
For the full story, see the May 1 print edition of Transport Topics. Subscribe today.
Deutsche Post World Net, a branch of the German postal service, bought a 10% stake in an international wholesale air-freight exchange, which is scheduled to open up for business in late summer.
London-based Global Freight Exchange plans to tests the concept with several air cargo carriers and freight forwarders before then.
 |  |
