Digital Freight Forwarder Freighthub secures USD30 million finance

shipping and freight news

The Digital Era is really and truly upon the shipping and freight industry..

Investors are showing great interest in funding the digital capabilities displayed by the role players in this industry and one of the main role players who seem to be capitalising most on this seems to be the Digital Freight Forwarders..

One such digital freight forwarder, FreightHub founded in Berlin in 2016, is the latest beneficiary of such investment..

FreightHub, who have been termed as Europe’s first digital freight forwarder, announced today that they have raised USD30 million in its Series B financing round..

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Digital Freight Forwarders vs Digital Shipping Lines

Shipping and Freight Resource Opinion

A Freight Forwarder is a multi-function agent/operator who undertakes to handle the movement of goods from point to point on behalf of the cargo owner..

For the freight forwarder involved, this may include a door to door movement, negotiating freight rates, nominating the carrier(s), booking the goods and handling all the documentary, operational and transportation requirements between the two points..

Digital freight forwarders are a new breed of freight forwarders who are disrupting the freight industry armed with the ability to offer the services of a freight forwarder but on an instant basis using online technology and data..

But they have several competition to contend with.. One of them is a “Digital Shipping Line“..

Say what..!!!!!!!!!!!!!!!!!!!!!!!! Who is a digital shipping line now..??

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