Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Despite “loss-making” airfreight rates offered for Hong Kong/China-US, Chinese forwarders seem optimistic that the trade ...
Freightos announced today it had raised $25m in a series B funding round, which brings the amount investors have ploughed into the company since its inception in 2012 to $50m.
The latest tranche was led by GE Ventures, but Freightos has attracted funding from a consortium of investors over the years, including ICV, Aleph, Sadara, Annox Capital and MSR Capital.
“Logistics digitisation is a strong strategic complement for General Electric’s role as the world’s leading digital industrial company,” said Jonathan Pulitzer, GE Venture’s Managing ...
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India-Pakistan 'tit-for-tat' cargo ban sparks sudden supply chain shocks
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