LATAM Cargo goes live on WebCargo

LATAM Cargo goes live as the first South American carrier on WebCargo by Freightos, offering real-time booking to over 3,500 forwarders.

Real-time bookings with LATAM Cargo are available for WebCargo customers on 27 lanes with the possibility of connecting in South America, according to an announcement by LATAM Cargo.

"With LATAM Cargo, carriers representing over 36 percent of global air cargo capacity are available for booking on WebCargo, unlocking additional customer value and improving efficiency."

Carlos Cheeseman, owner of Airgroup Miami, a Radiant Logistics Company, says: "Having LATAM on WebCargo and 7LFreight for real-time booking is an excellent addition to facilitate our moves to Latin and South America."

Over the past three years, air cargo has undergone a digital revolution, driving more reliable, accurate, and accessible supply chains, the statement said. This is particularly important in South America, which exports approximately $1 trillion of goods annually, it added.

"The industry is shifting towards digital collaboration and as the leading carrier of South America we want to provide customers with reliable and efficient solutions and a broad set of options that allows them to choose what works best for them," says Jorge Galvez, SVP Marketing and Development, LATAM Cargo. "As part of our digitalisation roadmap, we decided to partner up with WebCargo by Freightos to provide our customers access to our capacity. This collaboration is an important milestone in LATAM Cargo's digital roadmap."

Manuel Galindo, CEO, WebCargo by Freightos, adds: "Global trade moves faster than it ever has before. With innovative partners like LATAM Cargo, forwarders can move at the same pace, improving efficiency across over 100,000 quarterly bookings."

LATAM Cargo offers services to over 135 destinations in more than 20 countries. "LATAM Cargo Chile, LATAM Cargo Colombia and LATAM Cargo Brazil are the cargo subsidiaries of LATAM Airlines. They have access to the belly of the Group's passenger aircraft and have a fleet of 14 freighters that will gradually expand until reaching between 19 and 22 freighters by 2023."

The group reported a cargo revenue of $430.7 million for the first quarter of 2022, a YoY increase of 25 percent. Cargo carried increased 12 percent to 215,000 tonnes and yield based upon revenue tonne kilometres increased over 9 percent to 51.5 U.S cents.