AI cargo props up air cargo market amid warnings of an early peak
Booming AI-related shipments are offsetting weaker ecommerce demand in air cargo, with analysts warning geopolitical ...
© 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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