Air cargo market enjoys some calm before an expected Q4 storm
It has been a quiet couple of weeks in airfreight, owing to China’s Golden Week. Overall ...
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
This TechCrunch article has already attracted some criticism on Twitter for its “Move over, Flexport” comment (Flexport has raised over $1bn and is in no danger of an immediate threat from digital forwarder Zencargo), as well as its headline on the “antiquated” freight industry – which seems to be moving ever-faster towards being rather more modern. Nevertheless, that should not detract from start-up and fast-growing Zencargo’s funding round, and its desire to invest its $20m in new technology.
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