Freightos News Today : Breaking News, Live Updates & Top Stories | Vimarsana

are the latest shipping companies to abandon the red sea area. the suez canal handles more than a tenth of the world's trade, but it's particularly vital for the movement of goods between asia and europe. the alternative is a long and expensive detour around the cape of good hope at africa's southern tip. because of the disruption, the cost to ship a container from china to the mediterranean has risen 44% this month alone. that's according to the online shipping marketplace, freightos. swedish homewares giant, ikea, is just one of the companies now warning of delays and possible avai...

Since late last year, the Houthis have been attacking ships in the Red Sea, which cargo vessels from Asia have to travel through to reach the Suez Canal.

WebCargo by Freightos (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for the international freight industry, is excited to announce that Singapore Airlines' cargo capacity is now being offered on WebCargo's platform. This relationship with Singapore Airlines underscores WebCargo's position as the leading digital platform for the air freight industry, offering its users an end-to-end booking experience while expanding its reach in the Asia-Pacific region. Digital bookings f

Freightos Limited (NASDAQ:CRGO – Get Free Report) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 35,300 shares, a growth of 9.6% from the March 31st total of 32,200 shares. Based on an average daily volume of 18,000 shares, the days-to-cover ratio is […]

Freightos Limited (NASDAQ:CRGOW – Get Free Report) was the target of a large drop in short interest in March. As of March 31st, there was short interest totalling 1,000 shares, a drop of 67.7% from the March 15th total of 3,100 shares. Based on an average daily volume of 5,000 shares, the short-interest ratio is […]