Partnership with Leading Cargo Booking and Payment Platform
Makes Eastern Air Logistics First Chinese Carrier With Real-Time
Ex-China eBooking and Payments
JERUSALEM, June 20,
2023 /PRNewswire/ -- Eastern Air Logistics (EAL), the
logistics arm of China Eastern Airlines, the first all-cargo
airline in China, has announced a
new partnership with WebCargo by Freightos (NASDAQ: CRGO), the
leading cargo booking and payment platform, to deliver eBooking and
payments to global forwarders of all sizes. This partnership
provides a seamless, end-to-end solution for customers looking to
move cargo from the largest global export country to the West,
beginning with ex-China coverage
to North America, Europe and Asia, and from Europe to China. Eastern Air Logistics was first made
available for bookings on WebCargo last week.
Through this partnership, EAL gains access to WebCargo's
extensive network of over 10,000 freight forwarding offices who
already conduct thousands of bookings every day. WebCargo's
platform allows EAL to streamline their booking and payment
processes, and expand their customer base with an easy and
efficient way to price, book, and pay for air freight in just
minutes. Freight forwarders around the world have enthusiastically
adopted eBookings; at least five large European countries already
see 10% of their air cargo being booked via WebCargo.
EAL brings substantial capacity to China export and import routes, backed by its
subsidiaries domestic and foreign sites and branches, including
China Cargo Airlines, Eastern Airlines Express, Eastern Transport,
Eastern Supply Chain as well as a number of branches at home and
abroad. With 16 full cargo freighters from China Cargo Airlines,
belly space of nearly 800 passenger airplanes from China Eastern
Airlines and the airline resources backed by SkyTeam Alliance, EAL
expands its global network to 1088 destinations in 184 countries
and regions around the world.
Air freight is the preferred mode of transport for the global
economy's high value manufactured goods, such as semiconductors,
pharmaceuticals, aerospace components and some foods. Therefore,
smooth access to air cargo services between China, Europe
and the United States is critical
to global supply chains. With this new partnership, European
and US-based freight forwarders gain exclusive access to EAL's air
cargo offerings through WebCargo, including WebCargo Pay, which
enables modern payments by freight forwarders using both credit
lines or pre-paid wallet functionality, where possible, across
leading global airlines.
"Digital is the way forward. Our digital sales platform
EOS, which laid the foundation for this cooperation, is built on
top of technology initiatives such as the Shanghai Pudong Airport
Smart Logistics. Partnering with WebCargo means EAL will
continue to grow and expand its global customer base by providing
forwarders seamless access to our considerable capacity exporting
from and importing to Shanghai,
and competitive rates", said Jonathan
Xu, General Manager of Logistics Solutions Business Dept. at
EAL.
"This partnership is great news for every freight forwarder. No
other platform offers booking and payment access to EAL's
capacity", said Joyce Tai,
Freightos' EVP of Worldwide Partnerships. "Through EAL, we can
offer our customers even more options for air freight between
China and the West, with credit
lines and seamless wallet functionality that will get their cargo
booked and paid for in minutes."
Forwarders booking with EAL will continue to benefit from
WebCargo's combination of real-time rates and booking with online
payments, helping forwarders to quickly book and reconcile payments
with EAL, as well as with other carriers.
Forwarders not yet using WebCargo can register for a free
account at webcargo.co/eastern-air-logistics.
About Eastern Air Logistics
Eastern Air Logistics Co., Ltd. (EAL, 601156.SH) is a modern
integrated logistics service enterprise, headquartered in
Shanghai, China. As one of
the first batch of mixed-ownership reform pilot enterprises in
China and the first in the civil
aviation industry, EAL aims to become the most innovative aviation
logistics service provider and is committed to providing safe,
efficient, accurate, and convenient "integrated air and ground"
comprehensive logistics services to customers worldwide.
EAL was the first aviation logistics provider listed on Shanghai
Stock Exchange. For more information, please visit
https://ealos.ceair.com
About WebCargo, a Freightos Company
WebCargo Air is
the leading platform for live air cargo rate distribution and
bookings between hundreds of airlines and 3,500+ forwarders across
over 10,000 forwarding offices. Partners include over 30 airlines,
including China Southern, American Airlines, Turkish Airlines,
Lufthansa, Etihad Cargo, Air France
KLM, IAG Cargo, SAS, Qatar Airways, El Al, and Emirates
SkyCargo.
About Freightos
Freightos (Nasdaq: CRGO) makes global
trade frictionless with the leading international freight booking
and payment platform. While international trade is at the core of
the global economy, it is powered by a massive global freight
market that remains largely offline, increasing costs and reducing
supply chain reliability. Visit us at freightos.com
MEDIA CONTACTS:
EAL
Jessica Jiang
jiangmengyun@ceair.com
Freightos
Tali Aronsky, PR Lead
press@freightos.com
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SOURCE Freightos
