Side-by-side comparison of AI visibility scores, market position, and capabilities
Digital Freight Marketplace & Rate Management
Global digital freight marketplace and rate management platform for ocean, air, and ground freight. Jerusalem/Hong Kong; NASDAQ: CRGO; WebCargo used by hundreds of major airlines and ocean carriers to manage digital cargo sales.
Freightos is a freight technology company that operates a global digital marketplace connecting importers and exporters with freight forwarders and carriers, alongside a SaaS platform for managing freight rates and quoting. Founded in 2012 and dual-headquartered in Jerusalem, Israel and Hong Kong, Freightos went public on NASDAQ in 2023 through a SPAC merger under the ticker CRGO. The company's WebCargo platform is used by hundreds of major airlines and ocean carriers to manage their digital cargo sales, and the Freightos marketplace helps importers and SMB shippers compare freight quotes and book shipments online.\n\nFreightos operates two interconnected businesses. Its WebCargo platform is a B2B freight rate management system used by freight forwarders and carriers to publish, manage, and distribute air and ocean freight rates digitally, replacing the paper and email-based rate processes that have characterized the freight industry for decades. The Freightos Marketplace is a consumer-facing freight booking platform where importers can compare instant quotes from multiple freight forwarders for ocean, air, and land freight shipments.\n\nFreightos competes in the digital freight procurement space with Flexport, Xeneta, and traditional freight forwarders that have invested in digital quoting capabilities. The company's WebCargo business has established strong distribution through major airlines and carriers, creating a network of digital rate data that powers both the rate management SaaS product and the marketplace. Freightos's public company status has provided capital and visibility as the freight industry continues its gradual digital transformation.
Managed transportation services and TMS platform acquired by Uber Freight for $2.25B in 2021. Dallas TX;
Transplace is a managed transportation services company and technology platform that provides outsourced freight management, transportation management system (TMS) software, and supply chain analytics to large shippers across North America. Founded in 2000 and headquartered in Dallas, Texas, Transplace was acquired by Uber Freight in 2021 for $2.25 billion, combining Transplace's managed transportation expertise and shipper relationships with Uber Freight's digital freight brokerage and technology capabilities to create a comprehensive freight technology and services company.\n\nTransplace's managed transportation model provides large manufacturers, retailers, and CPG companies with a fully outsourced freight management operation, where Transplace's team handles carrier procurement, load planning, execution, and analytics on behalf of the shipper using Transplace's proprietary TMS platform. This model differs from pure-play TMS software vendors by providing the operational expertise and carrier relationships alongside the technology, creating a more integrated solution for complex freight programs. Transplace managed billions of dollars in freight annually for its shipper clients before the Uber Freight acquisition.\n\nThe combination of Transplace and Uber Freight created a logistics platform that spans digital brokerage, managed transportation services, and TMS software, serving shippers across the complexity spectrum from spot freight to fully managed programs. Uber Freight's technology capabilities and carrier network have been integrated with Transplace's shipper relationships and managed services expertise, creating a differentiated competitive offering in the freight technology market against traditional managed transportation providers and pure-play TMS vendors.
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