'Peak season already over' as ocean freight rates collapse further
Carriers’ efforts to stave off a rates collapse have met with marginal success over the ...
© Peter Schreiber
By Alex Lennane
Freightos has moved one step closer to listing on the Nasdaq as yesterday it submitted, along with its special purpose acquisition company (SPAC) Gesher, a draft registration statement on their merger.
Nasdaq-listed Gesher will take over Freightos, essentially giving it an IPO. “Submitting a draft prospectus and proxy statement marks another milestone on our path to completing our planned business combination with Freightos,” said Ezra Gardner, Gesher’s CEO.
Progress may come as a surprise to some, as the markets are currently uncertain, and ...
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