Airfreight rates rising gently as ecommerce giants eye new tradelanes
Global airfreight rates and volumes are rising gently – but confusion over US ecommerce rules ...
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Freightos has raised more than $44m via the Singapore Stock Exchange (SGX), continuing its logistics reputation as the darling of venture capitalists.
This latest funding round, on Friday, brings the total raised to more than $94m.
Chief executive Zvi Schreiber said: “Our growth shows importers and exporters are looking for radically better freight services, while carriers and forwarders are eager to deliver by leveraging technology.”
Since the start of last year, the logistics sector has seen a slew of investments, with US start-up Flexport alone netting $210m, according to ...
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STEPHEN J LINE
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