• ITVI.USA
    15,415.310
    54.710
    0.4%
  • OTLT.USA
    2.761
    -0.007
    -0.3%
  • OTRI.USA
    21.110
    -0.300
    -1.4%
  • OTVI.USA
    15,387.520
    55.710
    0.4%
  • TSTOPVRPM.ATLPHL
    3.300
    0.000
    0%
  • TSTOPVRPM.CHIATL
    3.140
    0.190
    6.4%
  • TSTOPVRPM.DALLAX
    1.590
    0.150
    10.4%
  • TSTOPVRPM.LAXDAL
    3.330
    0.020
    0.6%
  • TSTOPVRPM.PHLCHI
    2.170
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    4.080
    0.130
    3.3%
  • WAIT.USA
    125.000
    -1.000
    -0.8%
  • ITVI.USA
    15,415.310
    54.710
    0.4%
  • OTLT.USA
    2.761
    -0.007
    -0.3%
  • OTRI.USA
    21.110
    -0.300
    -1.4%
  • OTVI.USA
    15,387.520
    55.710
    0.4%
  • TSTOPVRPM.ATLPHL
    3.300
    0.000
    0%
  • TSTOPVRPM.CHIATL
    3.140
    0.190
    6.4%
  • TSTOPVRPM.DALLAX
    1.590
    0.150
    10.4%
  • TSTOPVRPM.LAXDAL
    3.330
    0.020
    0.6%
  • TSTOPVRPM.PHLCHI
    2.170
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    4.080
    0.130
    3.3%
  • WAIT.USA
    125.000
    -1.000
    -0.8%
American Shipper

GF-X SIGNS WITH MERCATOR FOR MIDEAST, AFRICA, INDIAN SUBCONTINENT

GF-X SIGNS WITH MERCATOR FOR MIDEAST, AFRICA, INDIAN SUBCONTINENT

   Global Freight Exchange Ltd., a U.K.-based business-to-business e-commerce start-up, has signed an agreement with Mercator, the information technology subsidiary of the Emirates Group, to market GF-X's wholesale air freight exchange for forwarders and airlines in the Mideast, Africa and the Indian Subcontinent.

   GF-X “has been working extremely closely with Mercator to implement the transactional platform for Emirates SkyCargo,” said David Ravech, co-chief executive officer of GF-X. Emirates SkyCargo was Mercator's first customer, and among the first airlines to join GF-X's pilot program that was launched in May and completed in September. GF-X officially opened the exchange earlier this month.

'    Deutsche Post AG and Lufthansa Cargo are among the largest investors in GF-X. Other companies working with the marketplace developer include American Airlines Cargo, British Airways World Cargo, Cargolux Airlines, Continental Airlines Cargo, Danzas AEI, DHL International, Fritz Cos., Kuehne & Nagel, Exel, Panalpina, Swisscargo and Yusen Air and Sea Service.

'    GF-X recently has secured commitments from China Airlines, Geodis, Schenker and UTi Worldwide to participate in the exchange.

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