Transporeon Partners with Freightos Data

The logistics expert Transporeon has entered into a partnership with Freightos Data to provide its globally operating customers with deeper insights into spot data for sea and air freight. With this, Transporeon expands its data offerings for its market intelligence solutions to deliver 360° information on the development of freight markets.

(Ulm/Hong Kong) Transporeon, Europe’s largest platform for market intelligence, freight procurement, and management, is partnering with Freightos, the global freight booking platform. As part of this, Transporeon integrates data from the Freightos Baltic Index. The Freightos Baltic Index is the only externally verified, data-driven container freight index that is updated daily worldwide. By integrating current spot rates into Transporeon’s market intelligence solutions for air and sea freight, in addition to extensive contract rates, Transporeon now offers the most powerful package of market information for shippers. All industry sectors can now benefit from these insights.

In addition to being the leading market intelligence solution for global sea and air transport, Transporeon operates Europe’s largest dataset for road transport. Freightos Data provides exclusive access to spot rates for air and sea transport, offering the world’s largest digital freight rate database. This partnership enhances market intelligence analyses with spot data, enabling the observation of short- and long-term trends. Companies can develop successful procurement strategies and quickly adapt them to changing market conditions. This extraordinary global network elevates strategic freight procurement to the next level.

Faster Reactions to Global Trends

Customers are now able to obtain all market information from a single source – namely Transporeon. With the expanded data and know-how base from Transporeon, companies also gain maximum transparency regarding short- and long-term trends on a global level. “By incorporating spot data for sea and air freight into the Transporeon platform, we enable our customers to make even better data-driven decisions. Providing such extensive real-time information on all freight markets allows for faster reactions to global trends and ensures stakeholder satisfaction. This strengthens Transporeon’s value proposition,” says Nikolay Pargov, Executive Director Freight Procurement & Audit at Transporeon.

Combining the Strengths of Both Companies

“Especially in highly volatile markets like now, it is becoming increasingly difficult for market participants to align their demand with the available capacities of logistics service providers. The only way to solve this is through accurate and comprehensive real-time data. By combining the strengths of our companies, we create extraordinary advantages that make a real difference for our customers. And we are proud to be a part of it,” says Anton Bar, VP Market Data at Freightos.

Photo: © Transporeon