Soaring air freight rates may level out as summer capacity takes off
Airfreight rates have soared this month, as the market continues to be propped up by ...
By Alex Lennane
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 ...
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