Bullish Freightos says 'cost efficiencies' helping bring profitability in sight
Freightos plans to reinvest in its products this year, as it edges nearer to profitability ...
Despite the solid bank of cloud last year over the SPAC market, there are certainly signs of hope for Freightos, which aims to complete a merger with Gesher 1 Acquisition Corp, soon.
It could be this month: Gesher has called its shareholders to an extraordinary general meeting on January 25. “The business combination, through which we expect Freightos to trade publicly on Nasdaq under the ticker symbol CRGO, is anticipated to close after the shareholder meeting,” Freightos told investors last week.
Gesher ...
Keep our news independent, by supporting The Loadstar
Red Sea crisis has driven most new capacity into extended Asia-Europe trades
Carrier price hikes hold, driving spot rates higher as space gets scarcer
Crew forced to abandon ship in latest fire on vessel carrying EVs
The Loadstar Podcast | Transport Logistic and Air Cargo Europe 2025
Explosions and 'out-of-control' fire reported on Wan Hai box ship
'Now or never' for Kuehne and DHL GF to hit back at DSV
Carriers on the hunt for open tonnage again as transpacific rates soar
Comment on this article