FRANKFURT: December 6, 2018. Lufthansa Cargo has acquired a minority stake in Berlin start-up cargo.one.

Founded in 2017 by Oliver Neumann, Mike Rötgers, and Moritz Claussen (pictured left to right), cargo.one has developed a platform for booking and marketing air cargo capacity. Through its focus on offering dynamic spot rates and enabling their booking, cargo.one is the first platform of its kind.

“Cargo.one is another important step towards the digitisation of our industry. We are pleased to have been one of the first airlines to recognise the potential of this multi-airline platform for our customers and to have made ourselves compatible. We are impressed with the technology and user-friendly product. We are also driving digitisation in our industry through cooperation with startups and financial investments such as that in cargo.one,” said Peter Gerber, CEO and Chairman of the Executive Board of Lufthansa Cargo.

“Our customers’ overall experience is now strongly improved by being able to more efficiently book air cargo capacity,” he continued.

“The investment in our technology signals to our customers that cargo.one is a strong partner with which to join forces to drive air cargo digitisation. The minority investment by Lufthansa Cargo now also demonstrates that even a star player in the industry is impressed with our technology”, said a pleased Moritz Claussen, cargo.one founder.

Lufthansa Cargo invested in a technology startup – Fleet Logistics – based in Portland, USA, back in early 2018. Founded in 2014, Fleet Logistics acts as an online marketplace, matching customer demand for cargo services with free capacity provided by logistics companies.

Lufthansa Cargo has also been cooperating since February 2018 in the role of anchor partner with technology accelerator Plug and Play based in Sunnyvale, USA. This, the world’s largest technology accelerator, brings technology startups and established companies together.

“The close cooperation between Lufthansa Cargo and technology startups melds comprehensive air cargo experience with a technology-driven, fresh view of global logistics processes,” said Boris Hueske, Head of Digital Transformation at Lufthansa Cargo. “By acquiring a share in cargo.one and Fleet Logistics, Lufthansa Cargo is emphasising its strategic commitment to elevating the air cargo industry to a higher level of digital maturity,” he said.