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 ...
ID 108350918 © Teodor Lazarev | Dreamstime.com
Swings.
Now worth a tiny little fraction of its peak value on debut in late January and down 75% from IPO in Q1 23, Freightos stock (CRGO) rose about 22% to $2.5 last Friday in a weak market overall.
The likely catalyst?
You read it here:
“Freightos (Nasdaq: CRGO), a leading vendor-neutral booking and payment platform for the international freight industry, (…) will report its financial results for the Q1 2023 fiscal quarter on Tuesday, May 23, 2023. Freightos’ management will host a webcast and conference call ...
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