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Teleport announces Freightchain, a digital network to instantly bid and book air cargo

AirAsia’s logistics arm Teleport announces Freightchain, the world’s first digital air cargo network run on blockchain. Launching today, a shipper or freight forwarder can now instantly book and confirm any of AirAsia’s 247 aircraft to carry cargo through Freightchain, without the need to go through traditional time-consuming sales or email channels. 

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Teleport committed to moving cargo, focuses on moving medical supplies for frontliners

In view of the travel restrictions imposed by Malaysia and other countries, Teleport the cargo and logistics subsidiary of RedBeat Ventures (RBV), AirAsia Group Berhad’s corporate venture arm, is focusing its operations on transporting medical aid and protective equipment intended for hospitals or frontline emergency responders.