• Home
  • News

    Airlines

    • Bellyhold Airline
    • Freighter Operator

    Airports

    Air Cargo Statistics

    Business

    • Acquisitions
    • Finance
    • TIACA
    • IATA
    • Legal

    Freight Forwarders

    Services

    • Ground Handlers
    • Charter Operator
    • ULD
    • Freighter Conversion/MRO
    • GSSA

    Technology

    • Airfreight Digitisation
    • Drones

    People

    Sectors

    • Animal Transportation
    • Aerospace Supply Chains
    • E-Commerce Logistics
    • Perishable Logistics
    • Pharma Logistics

    Sustainability

    Supply Chain

    Policy

    • Air Cargo Security

    Region

    • Africa
    • Asia
    • Australasia
    • Europe
    • Middle East
    • North America
    • South America

    Cool Chain

    Archive News

    News By Date

  • Magazine
  • Advertise
  • Reels
  • Subscribe
  • Newsletter
  • More
    • Jobs
      • Jobs
      • Post a Job
    • Events
No Result
View All Result
Cargo Newswire
  • Home
  • News

    Airlines

    • Bellyhold Airline
    • Freighter Operator

    Airports

    Air Cargo Statistics

    Business

    • Acquisitions
    • Finance
    • TIACA
    • IATA
    • Legal

    Freight Forwarders

    Services

    • Ground Handlers
    • Charter Operator
    • ULD
    • Freighter Conversion/MRO
    • GSSA

    Technology

    • Airfreight Digitisation
    • Drones

    People

    Sectors

    • Animal Transportation
    • Aerospace Supply Chains
    • E-Commerce Logistics
    • Perishable Logistics
    • Pharma Logistics

    Sustainability

    Supply Chain

    Policy

    • Air Cargo Security

    Region

    • Africa
    • Asia
    • Australasia
    • Europe
    • Middle East
    • North America
    • South America

    Cool Chain

    Archive News

    News By Date

  • Magazine
  • Advertise
  • Reels
  • Subscribe
  • Newsletter
  • More
    • Jobs
      • Jobs
      • Post a Job
    • Events
No Result
View All Result
Cargo Newswire

IBS Software Acquires Accenture Freight and Logistics Software (AFLS) to Bolster Air Cargo Capabilities and Extend into Ocean Freight & Logistics

February 22, 2023
in Technology
Reading Time: 2 mins read
0 0
A A
0
Share on FacebookShare on Twitter

IBS Software, a leading SaaS solutions provider to the travel industry globally, has announced the completion of a transaction to acquire Accenture Freight and Logistics Software (AFLS). AFLS provides technology platforms to help airline and ocean transportation companies manage their freight operations and grow through digital transformation and innovation.

The acquisition will strengthen IBS Software’s leadership as a technology provider to the air freight industry by bringing together complementary solutions and a shared vision for innovating and transforming the air cargo businesses. Boosting the freight business is an increasingly critical priority for airlines and the AFLS acquisition consolidates the latest innovations to accelerate growth, especially AFLS’ cloud-based collaboration platforms which deliver advancements in airline partnerships – a major focus area for carriers.

The acquisition is also a strategic step in recognizing IBS Software’s vision to establish itself as an end-to-end player in the global freight supply chain. AFLS has a strong heritage in ocean freight innovation with a suite of new-generation platforms that enable ocean carriers to automate critical business functions and make data-led decisions for commercial operations. Further, the transaction helps IBS Software to deploy its cargo and logistics management expertise in the ocean transportation sector.

Related Post

Saudia Cargo and Worldwide Flight Services launch landmark ONE Record integration with CHAMP, accelerating digital transformation in air cargo

LOT Polish boosts efficiency, visibility, and cost savings with Cargospot APIs and Traxon CDMP

CHAMP Cargosystems donates IATA ONE Record Hackathon prize money to the Emirates Airline Foundation

Air Europa Joins WebCargo by Freightos’ Platform, Expanding Digital Air Cargo Access in European and Latin American Markets

With increasing industry focus on the digitalization of the ocean supply chain to improve efficiencies, expansion into ocean cargo presents a significant growth opportunity for IBS Software. The acquisition will also allow IBS Software to tap into a highly capable talent pool of experts in logistics and supply chain management that can drive innovation and deliver value to the industry.

To support this expansion, IBS Software will open a new development centre in Chennai, its fourth in India, for travel, transportation and logistics. The centre will accelerate the company’s mission to transform how travel companies operate in a digital world by delivering next-generation products to accelerate growth, drive efficiency, and create differentiated customer experiences.

“The acquisition of AFLS is a strategically important milestone for our cargo and logistics business to broaden its global footprint, with ocean transportation being a natural adjacent industry in which to expand our expertise,” said V K Mathews, Executive Chairman of IBS Software. “It is a synergistic opportunity to bring our decades of experience and expertise to the ocean cargo business, as well as strengthen our own capabilities to provide greater value to the air cargo customers.”

“Cargo and logistics are vital to the global economy. It’s an area ripe for growth and hungry for transformation. Recent moves by logistics businesses to enter air cargo as they seek to influence the supply chain at every level are evidence of the growing disruption in the sector. AFLS will be pivotal in our wider mission to transform the global supply chain through digital innovation,” said Anand Krishnan, CEO, IBS Software.

ShareTweetPin
Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

Related Posts

Technology

cargo.one launches digital air freight bookings directly from Descartes’ transportation management system

by Devender Grover
June 5, 2025
Airlines

China Airlines takes flight with cargo.one as its digital sales partner

by Devender Grover
June 5, 2025
Technology

Kuehne+Nagel enters partnership with cargo.one to digitally connect with dozens of airlines globally

by Devender Grover
May 25, 2025

AGI Global Logistics Appoint Emma Phillips as Divisional Commercial Director

June 19, 2025

Saudia Cargo Forges Strategic Global Partnerships at Air Cargo Europe, Expanding Global Reach

WFS achieves Cargo iQ quality certification across its Europe, Middle East, Africa & Asia region

TIACA Announces 2025 Hall of Fame Recipient

New contract extensionWestJet Cargo relies on Jettainer as long-term ULD management partner

NY/NJ Foreign Freight Forwarders & Brokers Association Announces 2025 “Captain of Industry” Award Recipient

Tags

Airbus Air Canada Air Cargo Aircargo Air Cargo News Air Freight Airfreight Airlines American Airlines Atlas Air Aviation Aviation Industry Aviation News Boeing cargo industry news Cargo International News Covid 19 DB Schenker DHL DHL Express dnata E-commerce Emirates Emirates SkyCargo Etihad Cargo Europe Freighter Freighters IAG Cargo IATA Latest Air Cargo News Logistics Logistics News Lufthansa Cargo Pharma Qatar Airways Qatar Airways Cargo Supply chain Sustainability Swissport Technology TIACA Turkish Cargo UPS WFS
  • Home
  • About us
  • Magazine
  • Subscribe
  • Reels
  • Events
  • Advertise
  • Careers
  • Contact us
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Copyright © 2025 Profiles Media Network Pvt Ltd. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Airlines
    • Airports
    • Associations
    • Business
    • Freight Forwarders
    • People
    • Cargo Handling
    • Sectors
    • Services
    • Technology
    • News By Date
  • Reels
  • Magazine
  • Archive News
  • Subscribe
  • Newsletter
  • Advertise
  • Jobs
  • Subscribe
  • Events

Copyright © [2024] Profiles Media Network Pvt Ltd All Rights Reserved. Build with ❤️ by Onairdigital

Our website uses cookies. We use cookies and similar technologies to personalise content, to provide you with relevant marketing, to enhance your user experience and to gain insight and track how you interact with us and our partners. Learn more in our Privacy Policy and Cookie Policy.