Octoloop, a digital platform launched by CargoFlash Infotech in August 2024, is transforming air freight booking by connecting airlines directly with freight forwarders, enhancing transparency and efficiency in the process. Designed to eliminate intermediaries, Octoloop allows agents of all sizes to make bookings without needing an airline’s Air Waybill, thus opening up opportunities for smaller operators. The platform’s unique wallet system mitigates financial risks by enabling agents to preload funds, ensuring they can book services seamlessly while receiving real-time rates directly from airlines.
Source: https://www.stattimes.com/air-cargo/header-competition-is-always-welcome-and-we-embrace-it-1353983