Israel's Freightos Enters SPAC Merger At $435M
The business merger is expected to generate at least $80 million in gross proceeds and potentially up to $166 million depending on redemptions
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The business merger is expected to generate at least $80 million in gross proceeds and potentially up to $166 million depending on redemptions
Freightos reports 213% CAGR in gross booking value between Q12019 and Q12022 and over 60% gross margins
Freight carried across Indian airports increased 27% to over 3mn tonnes in FY2022. Target is 10mn tonnes by 2030.
Leveraging its role as top cargo booking platform, the integrated airline payment pilot on WebCargo by Freightos facilitates hundreds of bookings and payments for dozens of forwarders
Global freight pricing and booking platform Freightos this week launched a free carbon calculator to assist forwarders looking to monitor and cut their carbon footprint. Using the calculator, forwarders can compare emissions across rates and modes, including airfreight. “The calculator uses Freightos' proprietary routing and pricing engine, which can parse close to 2 million services