Israel’s Freightos Buys Spainish WebCargoNet

August 31, 2016 | Israeli company Freightos, an International online freight network, has as acquired WebCargoNet, a Barcelona based air-cargo rate management provider. WebCargoNet helps bring air cargo companies online with automated freight routing and pricing, and will complement Freightos’ efforts to do the same for air, ocean and trucking, the company said in a statement. The result, said Eytan Buchman, the marketing director of the Israeli company, will create the “world’s largest freight Big Data database of over 200 million data points,” helping more companies take part in the online freight marketplace offered by the Jerusalem-based company.