Considered a valuable tool to the cargo community, it was accessed through a fee arrangement. However, the advent of COVID-19 obliged the company to review the situation for the common good. In a magnanimous gesture, the FBX has been unlocked, allowing interested parties free access to the daily rates for the rest of 2020.
The FBX gives visibility not only to daily ocean freight rates but also to the larger patterns of global supply and demand freight trends. This should be of value to businesses making tough decisions during the current crisis.
Separately, for IATA forwarders, Freightos is also offering free access to WebCargo by Freightos products that can help a business adapt to today's rapidly changing events: this involves real-time rates and eBooking for air cargo, as well as a live feed of updates from hundreds of airlines.