News / Zencargo raises $20m to take on the 'antiquated business' of freight forwarding

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.