Freightos vs Magaya Rate Management
Freightos
freightos.com
Magaya Rate Management
magaya.comSide by side
| Figure | Freightos | Magaya Rate Management |
|---|---|---|
| Price from | $119/mo | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 3 | 1 |
| Spec score · Freight Rate Management Software | 7.7 (#7) | 7.4 (#11) |
| Founded | Freightos Group was founded in 2012 by Zvi Schreiber. | 2001 |
| Headquarters | Barcelona, Spain | Magaya lists its headquarters at 8333 NW 53rd Street, Suite 450, Miami, Florida 33166, USA. |
| Security | Freightos Procure terms state that customer data is hosted in a Frankfurt data center with ISO/IEC 27001 certification and SOC 2 Type 2 reports, and is encrypted at rest using AES 256-bit or better and in transit using TLS. | Magaya describes Rate Management as cloud-hosted; the product page does not specify security certifications or controls for this product. |
| Support | Freightos for Forwarders support requests can be sent by email or through online chat embedded in the platform. | The product page invites prospective customers to schedule a demo and connect with a solution expert for assistance. |
Plans
Freightos
- Individual Starter Ocean$119 a month
- Individual Starter Air$239 a month
- Custom Enterprise PackagePriced on request
In their own words
Freightos
Freightos connects carriers, freight forwarders, and importers and exporters for freight pricing, quoting, booking, payment, and market intelligence. Freightos for Forwarders supports rate management, quotes, bookings, online sales, procurement, and payments for air, ocean, and ground shipments. Forwarders can use Book Air at no charge to search, compare, and book air cargo across more than 75 carriers. Freightos Terminal provides global freight prices, benchmarking, reliability metrics, and notifications on key lanes. Freightos for Forwarders connects directly with hundreds of carriers, including dynamic integrations with more than 75. API integrations can connect it to a TMS, a sales portal, or agent networks. The product is intended for freight forwarders and carriers; importers are directed to Freightos Enterprise instead. The service is cloud-deployed, with web, Android, iOS, and API availability. Individual Starter Ocean costs $119 a month, billed annually, and includes six months of historical data, weekly and daily pricing data for 12 lanes, one user, and one custom shipping route. Individual Starter Air costs $239 a month, billed annually.
Magaya Rate Management
Magaya Rate Management is a cloud-hosted freight-rate control tower for freight forwarders, NVOCCs, BCOs, shippers, and carriers. It brings rate comparison, margin management, tariff filings, RFQs, and quote preparation into one workflow. Users can combine buy and sell rates for air, ocean, rail, and road in customized multimodal quotes, then review schedules and free-time data, apply margins or other charges, and prepare quotes on a phone or tablet. The product lists more than 54,000 current surcharge values across over 180 surcharge types and 340-plus FMC trade lanes, alongside historic and live data. For FMC filings, it manages, publishes, and stores tariff rates, governing rules, and NRAs, with both quote-based and bulk filing options. A built-in Digital Contract Exchange moves rate data between ocean carriers and freight forwarders or shippers. It works with Magaya Supply Chain and can connect by API to other TMS, ERP, or end systems without requiring that suite. It is subscription-licensed; pricing is on request.