Cargo booking platform cargo.one\u00a0has acquired ocean rate platform Cargofive and launched what it describes as the industry\u2019s first AI-native operating system for multimodal freight \u2013 significantly strengthening its core air cargo proposition.<\/p>\n
The move brings ocean rate data \u2013 spanning four million trade lanes and connections to the top 10 ocean carriers \u2013 into cargo.one\u2019s existing air freight infrastructure.<\/p>\n
The company said this creates the industry\u2019s most comprehensive rate database, enabling forwarders to manage air and ocean bookings from a single platform rather than fragmented systems.<\/p>\n
Backed by around $20 million in investment from firms including Bessemer Venture Partners<\/span><\/span>, cargo.one is positioning itself as a central data infrastructure partner for AI deployment across global logistics.<\/p>\n Moritz Claussen, founder and co-chief executive of cargo.one<\/span><\/span>, said: \u201cMost AI projects in logistics fail to deliver ROI because they lack access to robust, structured data. Real returns come from unified data infrastructure operating at enterprise scale.\u201d<\/p>\n The acquisition of Cargofive<\/span><\/span>, completed on February 25, expands cargo.one\u2019s air-first data model into ocean freight, allowing agentic workflows for rate management, quoting and booking to operate natively on a single system.<\/p>\n Industry backing has followed. Stefan Borggreve, member of the management board at Hellmann Worldwide Logistics<\/span><\/span>, said: \u201cData and AI are inseparable \u2013 quality data is the foundation for quality AI. cargo.one has built a comprehensive operating system that our teams trust.<\/p>\n \u201cWhen AI workflows operate using the same reliable data our people use daily, we can confidently deploy automation and focus on delivering the best customer experiences.\u201d<\/p>\n Bob Goodman, partner at Bessemer Venture Partners, said: \u201cWhen evaluating AI partners, logistics leaders should look beyond individual features to the underlying foundation. Features become commoditised quickly; what matters is having a partner with comprehensive data infrastructure and industry-specific expertise that can evolve with your needs. cargo.one<\/a> has built exactly that foundation for multimodal logistics.\u201d<\/p>\n The AI-native operating system is available immediately, with early customers already onboarded to ocean rate management, while cargo.one\u2019s wider air freight customer base is expected to benefit in the coming weeks.<\/p>\n READ MORE NEWS: cargo.one powers Hellmann\u2019s next step in air freight digitalisation<\/a><\/strong><\/p>\n