+49(0)30-56795818  |  Login  | 

[language-switcher]   |

The Forto
Newsroom

We keep you updated with our latest news.

Get in touch with our insights here. 

Play Video

18/05/2022

Forto Appoints Thomas Eisenblätter Vice President  Global Sea Freight Management, FCL

  • Forto, a leading provider of digitized freight forwarding and supply chain solutions, today announced the appointment of Thomas Eisenblätter as Vice President of Global Sea Freight Management, FCL.  In his new role, Eisenblätter will oversee the procurement and business development of the Forto offerings for international Sea Freight. 

05/05/2022

Forto Appoints Alex Mallet Executive Vice President of Engineering

  • Forto, a leading provider of digitized freight forwarding and supply chain solutions, today announced the appointment of Alex Mallet as Executive Vice President of Engineering. The appointment comes as the business continues to expand its operations internationally, bringing its digital approach to logistics to customers in new markets.

17/03/2022

Forto Further Strengthens Leadership Team with Appointment of Anne-Marie Andric as Chief People Officer

  • Forto, a leading provider of digitized freight forwarding and supply chain solutions, today announced the appointment of Anne-Marie Andric to the company’s executive leadership team as Chief People Officer.
 

07/03/2022

Forto Announces New Investment of $250 Million to
Accelerate International Expansion and Broadening of Product Offering

  • New Series D Funding Raises Company Valuation to $2.1 Billion
 

13/01/2022

Forto Appoints Jochen Freese Executive Vice President of Procurement and Business Development

  • Former Chief Commercial and Marketing Officer for Ceva Logistics brings more than 15 years of expertise working with global enterprise customers.
  • New department structure under Freese focuses on business development, strategic partnerships, and global procurement.
  • Freese’s appointment further strengthens the company’s efforts to expand its global forwarding infrastructure.
 

17/12/2021

From Europe to the World: Forto Announces Vietnam Office, Further Strengthening Its Presence in Asia

  • Opening a new office in Ho Chi Minh City expands its geographical footprint in Asia. The company currently has offices in Shanghai, Shenzhen, Singapore, Tianjin, Ningbo and Hong Kong.
  • Wolfgang Richt joins as new country director, bringing more than 40 years of logistics expertise working with companies such as DHL Global Forwarding, Pan Asia Logistics, and Royal Cargo, Inc. Eric Reuter, Vice President Forto Asia: „Vietnam is a huge milestone for Forto’s expansion in the Asia region. We are ready to take the next step, delivering transport solutions in a more innovative and sustainable way“.
 

18/11/2021

Forto Marks Sustainability Milestones:
50% of Sea Freight Volume, and 65% of Customers Shipped with Forto Using CO2e Emission Offsetting in Q3 2021 – Faster-than-forecasted Uptake Signals New Momentum In Movement Towards Climate Neutral Logistics

  • Forto climate neutrality programs gain rapid customer adoption hitting 50% climate neutrality target almost two years ahead of forecast. Shipping customers demonstrate increased interest in sustainable offers that align with their own sustainability goals.
  • „We see these metrics as positive indicators of a significant market shift. Sustainability topics are moving to the forefront of customer agendas more than ever before,“ explained Michael Wax, CEO and co-founder of Forto.
 

08/11/2021

Digital Freight Logistics Provider Forto Opens Netherlands Office with Industry Expert Marcel Beentjes as Country Director

  • Forto opens Netherlands operations
  • Marcel Beentjes, formerly European Commercial Leader at Uber Freight to lead commercial activity in the region
 

21/09/2021

International Digital Logistics Leader Forto kicks off Iberian Expansion with its First Office In Spain and Appointment of Angel Hierro as Director Iberia

  • Forto sets course for its European expansion with its first office in Madrid, Spain.
  • Logistics industry veteran Angel Hierro brings 25+ years of international logistics expertise with
    companies such as Agility and to join as Director Iberia and Country Manager.
     
  • The new player strengthens its position to drive market leadership in digitally driven, sustainable
    logistics.
 

02/07/2021

Digital Logistics Leader Forto Accelerates European Expansion with New Offices In Denmark

  • Forto sets course for its European expansion with new offices in Copenhagen and Aarhus in Denmark.
  • „Opening new European locations enables us to better manage our trade lanes and strategically open new markets. Copenhagen offers the synergies of a dynamic and innovative digitally-oriented market with a world-class transportation infrastructure.“ says Michael Wax, CEO Forto
 

21/06/2021

Forto Raises $240 Million in Funding Led by SoftBank Vision Fund 2 at $1.2 Billion Valuation

  • Forto, the leading provider of digitized freight forwarding and supply chain solutions, today announced that it has successfully raised $240M in an investment round. The round was led by SoftBank Vision Fund 2 , with participation from Citi Ventures and G Squared, and strong backing from existing investors including Northzone, Inven Capital, Cherry Ventures, and Unbound. With this round, Forto’s valuation now stands at $1.2 Billion.

  • „With this investment we are able to further accelerate our growth path and roadmap,” adds Michael Wax, CEO and Co-Founder of Forto. “In our effort to further digitize global trade, we plan to significantly expand our geographical footprint, technology platform, and customer operations, to cement our market leadership in Europe and beyond.”

 

21/05/2021

New Leadership Appointments strengthen Forto`s position to drive Market Leadership in Digital Logistics: Former J.P. Morgan MD Guillaume Petit-Perrin Joins as Chief Financial Officer. Lyft VP of Product and GM Kamil B. Rodoper Named Executive VP of Product.

  • Guillaume Petit-Perrin strengthens Forto finance and operations as Chief Financial Officer (CFO). Kamil B. Rodoper to join Forto as Executive Vice President of Product starting June 2021.
  • The company adds international experience, financial pedigree and product leadership to complete its executive team and to position for its next phase of growth.
  • „Our strategy continues to focus on bringing together our operational excellence in freight forwarding and our SaaS platform investments. Our expanded leadership team has the right combination of business, industry and technical expertise to help us realize this vision,“ says Michael Wax, CEO at Forto.
 

08/04/2021

#Fortomorrow – Forto sets a new industry benchmark by offering all transports climate neutral until 2025.

  • The company has set its goal to make its transports 100% climate-neutral by 2025.
  • Sustainability is an integral part of the corporate vision of the progressive logistics start-up Forto, driven by multiple initiatives for its employees and customers.

    Initiativen für Mitarbeiter und Kunden untermauert.

  • “The logistics industry presents great potential when it comes to contributing to a more sustainable future.

    We see it as our responsibility to move first and use this leverage to help our industry to transform”, says Michael Wax, CEO of Forto.

 

01/12/2020

Forto continues to build on a strong 2020 and adds top executives Kenneth de Spiegeleire, Barzel Segal and Christopher North.

  • With a total sum of over USD 70 million in investment raised this year, Forto concludes a very successful 2020 and underlines its growth ambition to become one of the leading providers of digital freight forwarding and supply chain solutions
  • Forto’s senior leadership team adds Kenneth de Spiegeleire (ex-Dropbox, Cisco and Vodafone) as new Revenue leader and also snagged Barzel Segal (Workday, Mindjet) as SVP of Engineering and Christopher North (Amazon, Shutterfly) as Strategic Advisor and Board Observer
  • With these additions to its management team, Forto has signalled its intent to lead the charge in creating a faster, easier and more sustainable global trade
 

17/11/2020

Forto, the leading European digital freight forwarder, raises over $50 million to expand internationally and accelerate the development of its supply chain management solutions

  • The Berlin-based start-up has now raised over $120 million since inception and has become a Top 20 Freight Forwarder from Asia to Europe in just 4 years
  • Inven Capital and Iris Capital, two leading growth venture firms, have led this round with strong participation from existing investors
  • Forto will use the funds to expand its European and Asian footprint and continue shaping a new category of cloud logistics
 

26/06/2020

European Investment Bank provides funding of €20 million to Forto for supply chain management platform

  • Funds to German start-up Forto (formerly FreightHub) will support software development and market expansion
  • Financing by EU bank is provided under Investment Plan for Europe
 

27/04/2020

FreightHub becomes Forto

Since its foundation in 2016, FreightHub has experienced extensive technological and strategic growth, and has continuously expanded its product and service portfolio. The new Forto brand reflects this development.

 

22/04/2020

COVID-19: FreightHub hilft, chinesische Schutzausrüstung in großen Stückzahlen nach Deutschland zu bringen

FreightHub importiert 20 Millionen zusätzliche Schutzartikel nach Deutschland. Das entspricht ca. 50 Prozent des wöchentlichen Bedarfs im Gesundheitssystem der gesamten Bundesrepublik.

 

19/12/2019

FreightHub integriert Maersk Spot

FreightHub integriert sein Buchungsportal mit „Maersk Spot“ von A.P. Moeller – Maersk. Verlader erhalten dynamische Angebote und buchen garantierte Containerkapazität online zum Festpreis.

 

02/05/2019

Erfolgreiche Serie B-Finanzierung

FreightHub, Europas erste digitale Spedition, hat seine Serie B-Finanzierung in Höhe von 30 Millionen US-Dollar abgeschlossen und holt Maersk Growth an Bord.

 

02/05/2019

FreightHub erweitert Management-Team mit hochkarätigen Neuzugängen

Dr. Martin Fritsch verstärkt als CFO die Geschäftsführung. Johannes Saade wird neuer Head of Sea Freight.

 

12/12/2017

FreightHub raises $20 million Series A to strengthen European leadership position in Logistics Tech (Englisch)

FreightHub, Europe’s first fully digital freight forwarder, has raised a 20 million USD Series A round just 1.5 years after its market launch.

14/03/2022

Germany’s Forto raises $250 million to accelerate product offering

Forto, German provider of digitised freight forwarding, has raised $250 million in a pre-emptive Series D investment round led by Disruptive. Also participating in the round are existing investors including Softbank Vision Fund 2, G Squared, Northzone, Unbound, and A.P. Moeller Holding. The current round places the company valuation at $2.1 billion.

08/03/2022

Berlin’s Forto notches $250 million taking its valuation to $2.1 billion

The German logistics tech startup has almost doubled its valuation to $2.1 billion in eight months.

07/03/2022

Logistics tech Forto valued at $2.1 billion after latest funding round

Forto said on Monday it raised $250 million in a funding led by technology investment firm Disruptive and including SoftBank’s Vision Fund 2 that nearly doubled the freight forwarding company’s valuation to $2.1 billion in eight months.

07/03/2022

Logistics tech Forto valued at $2.1 billion after latest funding round

Forto said on Monday it raised $250 million in a funding led by technology investment firm Disruptive and including SoftBank’s (9984.T) Vision Fund 2 that nearly doubled the freight forwarding company’s valuation to $2.1 billion in eight months.

07/03/2022

Berlin-based Forto bags €230M; eyes global expansion to make the logistics industry sustainable

Forto, a Berlin-based online platform for freight forwarding, announced that it has secured $250M (approx €230M) in a pre-emptive Series D investment round led by Disruptive.

14/01/2022

Forto appoints Jochen Freese Executive Vice President of Procurement and Business Development

Forto, a leading provider of digitized freight forwarding and supply chain solutions, today announced that Jochen Freese has joined the company’s executive team as executive vice president of procurement and business development.

13/01/2022

Jochen Freese joins Forto as EVP of procurement and business development

Digital freight forwarder Forto has appointed ex-Ceva executive Jochen Freese (above) as its executive VP of procurement and business development.

19/11/2021

Sustainable logistics still top of the green agenda for shippers, says research

Despite chaos across the logistics chain, market research by Forto and FourKites suggests sustainability remains ‘top-of-mind’ for shippers. Digital forwarder Forto today reports that 50% of sea freight volumes via 65% of customers chose to ship using its CO₂e emission offsetting service throughout the third quarter, which incorporates tree planting and transport modes using renewable energy.

10/11/2021

Forto opens Netherlands office

Forto, a leading provider of digitised freight forwarding and supply chain solutions, is to expand into the Netherlands with a new office in Rotterdam. Leading the Netherlands commercial office is logistics industry expert Marcel Beentjes, as Director Netherlands.

21/06/2021

Germany’s new unicorn: Freight tech startup Forto raises $240M in a round led by Softbank

Berlin-based Forto, an online platform for freight forwarding, announced that it has secured $240M (approx €201.8M) in a fresh round of funding. The company has now raised a total of $360M in funding, to date. And with this round, it has now earned the status of ‘unicorn’ with a valuation of $1.2B (approx €1B).

21/06/2021

Softbank’s financial gamble on tech firms like Forto staying ahead of the game

Digital German forwarder Forto has raised $240m in funding, led by SoftBank’s Vision Fund, giving it a valuation of $1.2bn. Forto, founded in 2016 as FreightHub, said it would expand geographically and invest further in its technology platform.

21/06/2021

Forto receives $240 million, now shipping at $1.2 billion

Berlin-based digital freight forwarding and supply chain solutions (read: logistics) provider Forto has raised a hefty $240 million. With this round, Forto now weighs in at a $1.2 billion valuation. To date, the startup has raised $360 million.

25/05/2021

Forto appoints new CFO & Executive VP-Product

Forto, a leading provider of digitized freight forwarding and supply chain solutions, today announces two executive appointments to strengthen their executive leadership team and position the company for its next phase of growth.

08/04/2021

Forwarder Forto goes green and offers to compensate customers’ CO2

Digital forwarder Forto will offer climate-neutral solutions across its portfolio by 2025 – but it already has a good take-up of its carbon offset programme, despite higher costs for customers.

18/11/2020

‘Digital’ forwarder Forto raises another $50m

It will no doubt cause the odd whine in the industry, but ‘digital’ freight forwarder Forto has raised another $50m in funding, while Maersk has “significantly” expanded its investment, reports TechCrunch.

You are in good hands.

Press kit and downloads

Logos

Download
our logos.

Pictures & media

Download images and media.

About Forto

Download more info regarding our history and our goals.