Searching out deep value in US trucking
Weakness in the price?
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 ...
Peak season hopes dashed as freight rates slip again
CMA CGM liner trades pummelled in Q1 – and there's worse to come
Pessimistic Yang Ming to refocus on 3PL, terminals and yards
Mexican rail seizures give near-shoring interests pause for thought
Digital forwarder Freightwalla's failure reveals home truths
A joint DHL + Mærsk effort – what investors want
Will US seize C17 commercial opportunity as Antonov grasps monopoly?
Retailers outsource ecommerce fulfilment in structural shift
Major box lines still fighting over diminishing supply of smaller ships
UPS names John Bolla new president of global healthcare
Evergreen and Wan Hai face up to bearish market as profits tumble
Bitter airline battle over carrying US mail heats up in the Pacific
Comment on this article