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Logistics startup brings transparency, efficiency to air cargo booking | AJOT

Miami startup SkySpace Cargo released the world’s first air cargo trading platform to digitize booking transactions. The company is linked to more than 100 airlines to create a neutral environment for freight forwarders to price, book and manage cargo shipments.

Price transparency has become the norm in most industries, but the logistics field has lagged behind, with most transactions taking days to complete. Phone calls, emails, faxes, time zones and language barriers create inefficiencies in an already complex negotiation process. Pricing is kept intentionally opaque and can be subject to last-minute changes.

Bringing the process online saves hours of labor and reduces inaccuracies in documentation that can cause further delays. Freight forwarders can complete a days-long process in minutes, then upload customs documentation directly to the platform. Cargo is counted, measured and photographed at origin to identify any damage concerns prior to shipment.

Unlike auction sites that broker contracts to other freight forwarders, or are even owned by large forwarders themselves, SkySpace partners with the airlines. The platform optimizes routes from 50,000 flights and provides instant quotes for comparison. Pricing is updated daily to reflect real market conditions, and, once booked, cannot be increased by the carrier.

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Logistics startup brings transparency, efficiency to air cargo booking | AJOT.COM.

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