Air Freight News

Aviation fintech pioneer Airblox launches new live stream function

May 26, 2022

Aviation fintech pioneer Airblox has launched a live feed of global air freight scheduled flight capacity to support users of its electronic Block Space Agreement (eBSA™) booking service.

Airblox’s online marketplace enables freight forwarders and airlines to trade air cargo capacity in the form of standardized eBSAs™.

The new live feed will enable users to view upcoming capacity and make informed business decisions by lane by making bids for, and securing eBSAs™ at competitive prices.

Airblox is pioneering the digitization of Block Space Agreements (BSAs), where companies purchase cargo space on a flight in advance, to make the BSA a tradable commodity.

“By digitizing capacity in a centralized exchange in a standardized format, the market is assigning a certain value to it that can be traded,” Edip Pektas, founder of Airblox told delegates at today’s CNS Partnership Conference in Phoenix, Arizona, USA.

“We believe that the future of air cargo capacity is as a tradable concept, and by launching this new feed, we are a step closer to giving full transparency of the scheduled global air freight capacity to our users so that they can make informed decisions.”

Airblox is the first online platform giving air cargo stakeholders an opportunity to trade, exchange, and block cargo capacity in a blockchain infrastructure guaranteeing secure transactions.

Similar Stories

JAS Worldwide signs SPA with International Airfreight Associates B.V.

JAS Worldwide, a global leader in logistics and supply chain solutions, and International Airfreight Associates (IAA) B.V., a prominent provider of comprehensive Air and Ocean freight services headquartered in the…

View Article
https://www.ajot.com/images/uploads/article/LATAM-Plane.png
LATAM is once again part of the Dow Jones Sustainability Index
View Article
https://www.ajot.com/images/uploads/article/Wizz_Air.png
CPaT partners with Wizz Air, Europe’s leading ultra-low-cost airline, to enhance aviation training
View Article
https://www.ajot.com/images/uploads/article/Photo-2_YQB-TQO.jpg
Air Transat takes off to Tulum from Montreal and Quebec City
View Article
https://www.ajot.com/images/uploads/article/KLM.jpg
Air France KLM Martinair Cargo achieves record online sales and accelerates commercial transformation
View Article
[Freightos Weekly Update] Frontloading continues to put pressure on transpacific rates

Transpacific ocean rates increased slightly last week and are about 15% higher than at the start of December as frontloading ahead of expected tariffs is keeping vessels full.

View Article