IQAX

What IQAX does

IQAX is a privately held Hong Kong-headquartered digital trade intelligence company that builds software infrastructure for global container shipping and logistics. Its IQAX One suite unifies AI, IoT, digital twin, and blockchain components into four core products: IQAX eBL (blockchain-secured electronic Bills of Lading anchored on the GSBN permissioned network, DCSA/BIMCO/ISO 5909/IGP&I compliant); IQAX Data Services (AIS/EDI-based shipment tracking, sailing schedules, and predictive ETA APIs across 50+ carriers and 28 ocean schedules); Smart Containers & IoT Platform (230,000+ connected devices covering 200+ regions and 11,000+ city pairs); and digital twin technology operating on a 40TB+ dataset spanning vessel, schedule, container, weather, and terminal twins.

The company monetizes through an API-first commercial model with delivery via SaaS, PaaS, API, and consulting arrangements, layering per-transaction eBL fees on top of subscriptions. It sells to shippers and beneficial cargo owners (notably TCL), freight forwarders and NVOs, carriers (including Hapag-Lloyd, COSCO affiliate New Golden Sea, and OOCL alumni network), ports and terminals, governments and regulators, and financial institutions (HSBC Thailand, China Zheshang Bank) for trade finance and cargo insurance. Sales offices are in Singapore, Tokyo, the United States, and Germany, with engineering and operations centers in Zhuhai and Shanghai.

IQAX has surpassed one million electronic Bills of Lading processed - a 250% surge over 18 months - and serves 40,000+ customers across 100+ economies. Distribution runs through direct enterprise sales, GSBN and ODeX ecosystem partnerships, and API integrations with platforms such as CargoWise, CargoNPay, and ICE CargoDocs. Leadership is led by CEO George Guo and includes former operators from OOCL, Ant Group, Oracle, Ericsson, and Neustar, embedding deep shipping, blockchain, and enterprise-AI domain expertise.

Name

IQAX

Legal name

IQAX Limited

Website

https://iqax.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Short description

IQAX is a Hong Kong-based digital trade intelligence company that provides AI, IoT, blockchain, and digital twin software - including electronic Bills of Lading, predictive shipment tracking, and smart container monitoring - to shippers, carriers, freight forwarders, ports, regulators, and financial institutions globally.

Ownership category

akta.pro rank

Product category

Digital Trade Intelligence Software

NAICS

Freight Transportation Arrangement (488510)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Real-Time Shipment Tracking & Map Visualization (TLAEADAA)

akta.pro secondary industries

Electronic Document Exchange & eBL/eAWB/eCMR Platforms (EDI/API) (TLAEAOAG), Cold Chain RTI Tracking (Reefer Boxes, Insulated Shippers) (TLAEAMAE), AI/ML Decision Intelligence & Automated Recommendations (TLAEAKAL)

Keywords

• Digital trade intelligence
• Electronic bill of lading
• Smart container monitoring
• Supply chain visibility
• Shipping IoT platform

Headquarters

HQ city

Wan Chai

HQ country

Hong Kong SAR China

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. SaaS/Platform Subscriptions: IQAX delivers solutions through SaaS, PaaS, API, and consulting modes. Enterprise customers access IQAX One suite, Data Services, Smart Containers IoT Platform, and IQAX eBL through subscription-based arrangements with flexible delivery options.
2. API/Usage-based: API access for schedule tracking, vessel monitoring, and data services. Customers can implement solutions through API integrations with pay-per-use or consumption-based models for specific data and tracking services.
3. eBL Transaction Services: Electronic Bill of Lading services generating revenue through document processing, transfer, endorsement, and surrender transactions. The solution aligns with DCSA, BIMCO, and ISO standards.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

IQAX provides a digital trade intelligence platform for global shipping, logistics, and trade finance. Its core offerings include IQAX One, an integrated suite unifying schedules, shipments, documents, and finance; IQAX eBL, a blockchain-based electronic Bill of Lading built on the GSBN permissioned blockchain; IQAX Data Services, an AI- and digital-twin-powered predictive intelligence layer; and a Smart Containers & IoT Platform that monitors cargo condition and location in real time across ocean and land legs. Solutions are delivered via SaaS, PaaS, API, and consulting models to carriers, freight forwarders, shippers, ports, regulators, banks, and insurers.

Product overview

IQAX offers a unified digital trade intelligence platform centered on IQAX One, which integrates four core technology pillars (AI & Machine Learning, Digital Twin, IoT, and Blockchain) with deep shipping industry expertise. The core product suite includes: (1) IQAX eBL - blockchain-based electronic Bill of Lading solution for paperless trade documentation; (2) IQAX Data Services - predictive intelligence platform providing AIS/EDI-based tracking, sailing schedules, and vessel data; (3) Smart Containers & IoT Platform - real-time cargo and container monitoring across supply chains; and (4) sub-products like IQAX TrackIt for shipment visibility and IBOX Reefer for cold chain monitoring. These products serve six industry verticals: Shippers/BCOs, Freight Forwarders/NVOs, Carriers, Ports/Terminals, Government/Regulators, and Financial Services.

Differentiator

Problem solved

Functional benefit

Brands

• IQAX One: A comprehensive digital trade intelligence solutions suite designed for the global trade industry, integrating core technological capabilities with shipping industry expertise.
• IQAX eBL
• IQAX Data Services
• Smart Containers & IoT Platform
• IBOX Reefer

Products and services

• IQAX One Comprehensive digital trade intelligence suite designed for the global trade industry. It integrates AI, blockchain, IoT, and digital twin technologies with shipping industry expertise to tackle slow processes, high costs, and hard-to-control risks across schedules, shipments, documents, and finance for carriers, freight forwarders, shippers, ports, regulators, banks, and insurers.
• IQAX Data Services Predictive intelligence platform that transforms fragmented shipping data into predictive and intelligent insights through AI and digital twin technology. Provides real-time visibility and data-driven intelligence for smarter decisions and automated logistics processes based on AIS and EDI data covering 20,000+ vessels, 1,000+ ports, and 3,000+ terminals.
• IQAX Smart Containers & IoT Platform IoT platform that turns container telemetry into actionable intelligence for real-time monitoring of cargo location, temperature, humidity, shock, tilt, and door activity across ocean and land legs of supply chains. Connects 230,000+ devices and provides predictive analytics and cold chain management for reefer and high-value cargo.
• IQAX eBL Electronic Bill of Lading solution that replaces paper bills with secure digital originals. Leverages GSBN's permissioned blockchain to create tamper-evident, shareable records; approved by IGP&I and aligned with DCSA, BIMCO, and ISO 5909 standards. Supports document issuance, transfer, endorsement, and surrender across carriers, banks, and forwarders.
• IQAX TrackIt Real-time ocean shipment visibility platform for shippers to visualize and gain insights about cargo in transit, requiring no development effort by users. Provides milestone tracking, exception alerts, and ETA visibility for B2C-style shipment status pages.
• IQAX BigSchedules Sailing schedule and vessel schedule data service covering major ocean carriers, ports, and terminals worldwide for shipment planning and tracking purposes. Feeds schedule intelligence into IQAX Data Services and downstream applications.
• IBOX Reefer Smart reefer container device solution that delivers real-time visibility on timing, condition, and disruptions to protect perishable cargo. Features AI-powered monitoring, predictive analytics, cold chain management, long battery life, and over-the-air updates; compliant with the Container Owners Association UDM standard.
• IQAX Shipment Tracking API API that tracks shipments from over 50+ global carriers using B/L number, booking number, or container number, covering major shipping milestones. Supports end-to-end milestone visibility, B/L management, and integration into carrier, TMS, and ERP systems.
• IQAX Sailing Schedule API API providing port-to-port sailing schedules from 28 ocean carriers for schedule and route planning. Used by shippers, forwarders, and platforms to support automated quotation, route planning, and capacity decisions.

Quantifiable outcome

• 250% surge in eBL transactions over past 18 months - one of the fastest eBL adoption trajectories globally
• +4 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability6 records

Feature5 records

Partnerships

Seven partnerships are on record, tiered core.

• EZShippingcoreStrategic or Co-development Partner · 18 June 2026Partnership enabling LCL eBL operations by integrating EZShipping's AI-driven document processing capabilities with IQAX's eBL solution. The collaboration creates a fully digital, end-to-end documentation flow from data submission through B/L issuance and transfer. EZShipping provides intelligent digital platform for international shipping with AI-powered booking and document processing.
• Tianjin Consol InternationalcoreStrategic or Co-development Partner · 18 June 2026Pilot partnership deploying blockchain-based eBL for high-volume LCL freight operations. Tianjin Consol is a leading North China-based LCL freight forwarder and NVOCC using IQAX eBL and IQAX One to streamline digital documentation without requiring system integration. The initiative demonstrates eBL viability at scale in traditionally paper-heavy LCL segments.
• GSBN (Global Shipping Business Network)coreTechnology or Integration · 6 May 2026GSBN provides the neutral blockchain trust layer and data infrastructure enabling IQAX eBL solutions. The partnership connects IQAX eBL across GSBN's ecosystem including shipping lines, terminals, banks, and application developers. GSBN accounts for over half of containers handled globally, providing extensive market reach for IQAX solutions.
• ODeXcoreTechnology or Integration · 6 May 2026API integration allowing users to process IQAX eBL directly within the ODeX platform for India's EXIM trade market. ODeX serves over 30,000 customers and 65,000+ users with processing of 1.4M+ payments, 11M+ invoices, and 6M+ delivery orders. The partnership simplifies and accelerates eBL adoption across India's shipping ecosystem.
• COSCO ShippingcoreTechnology or IntegrationCOSCO Group subsidiary New Golden Sea Shipping successfully completed live cross-platform eBL transactions demonstrating interoperability between IQAX and ICE CargoDocs platforms. COSCO shipping lines use IQAX eBL for digital shipping documentation.
• Hapag-LloydcoreTechnology or IntegrationHapag-Lloyd participated in first live eBL shipment from India (Mundra) to Chicago via GSBN-ODeX-IQAX integration. The collaboration reduces delays, costs, and disputes tied to paper documentation while supporting Hapag-Lloyd's sustainability ambitions.
• Leading CarrierscoreTechnology or IntegrationIQAX collaborates closely with leading carriers to remove structural, operational, and onboarding barriers to eBL adoption. Carriers enable eBLs to scale across entire networks rather than remain confined to fragmented pilots, supporting the industry's 100% eBL adoption goal by 2030.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• project44: Global supply chain visibility network covering ocean, road, rail, and air with carrier integrations and predictive ETA. Competes with IQAX Data Services for the same shipper and 3PL enterprise buyers.
• CargoSmart: Shipping technology subsidiary providing schedule, visibility, and document solutions to ocean carriers and shippers. Closely comparable to IQAX Data Services in AIS/EDI-based vessel and schedule intelligence.
• WAVE BL: Carrier-led electronic Bill of Lading initiative backed by major container lines. Competes with IQAX in standardizing and scaling eBL across global shipping ecosystems.
• Bolero International: Electronic Bill of Lading and trade finance digitization platform with deep bank and carrier integrations. Directly comparable to IQAX eBL in the document trust and trade-finance acceleration layer.
• FourKites: Real-time supply chain visibility platform providing shipment tracking, predictive ETA, and yard visibility across modes. Comparable to IQAX's Data Services and Smart Containers capabilities for shippers and BCOs.
• ICE Digital Trade (ICE CargoDocs): Operates ICE CargoDocs, the incumbent electronic Bill of Lading platform most directly comparable to IQAX eBL. Serves the same shippers, banks, and carriers and has demonstrated production interoperability with IQAX via GSBN blockchain.
• essDOCS (Cyberlogitec): Long-established electronic Bill of Lading and document management platform serving carriers, banks, and traders. Competes head-to-head with IQAX eBL in paperless trade documentation.

Broad incumbents

• Descartes Systems Group: Broad logistics technology incumbent providing shipment visibility, customs, and trade compliance software. Comparable to IQAX's freight visibility and tracking offerings as part of a wider logistics-tech portfolio.

Emerging players

• Vizion API: Container tracking and ocean visibility API platform with broad carrier coverage. Comparable to IQAX's Shipment Tracking and Sailing Schedule APIs for developer and TMS/ERP integrations.

Regional players

• TradeGo: China-based electronic Bill of Lading and digital trade platform serving Chinese carriers and banks. Regional competitor to IQAX eBL across Greater China, where IQAX has strong positioning via COSCO and CargoNPay partnerships.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/IQAX_Ltd
• LinkedInlinkedin.com/company/iqax

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IQAX