Freight forwarder network Gross Fuchs has announced that it will be providing its members with access to CargoAi’s payments solution, CargoWALLET. This means that Gross Fuchs members who have a CargoMART account can apply for their CargoWALLET activation and use the Cargo2ZERO feature for free. Cargo AI’s payment solution for air cargo allows supply chain financing and enables freight forwarders to make payments for shipments directly within the CargoMART booking platform. “We believe … [Read more...] about CargoAi gets nod from German forwarder network
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Freightos goes public on Nasdaq
Last week Freightos Limited, a freight booking and payment platform, announced the successful combination with special-purpose acquisition company Gesher I, and is now listed on Nasdaq The combined company will operate as Freightos Limited and will now start trading its ordinary shares and warrants on the Nasdaq under the ticker symbols CRGO and CRGOW, respectively. Freightos connects hundreds of airlines, ocean liners, and trucking companies, thousands of freight forwarders and over 10 … [Read more...] about Freightos goes public on Nasdaq
Saudia and cargo.one expand digital partnership
Saudia Cargo is working hard to support the kingdom’s aspirations to become a global transit hub for air freight as it expanded its partnership with cargo.one to bring more of the carrier’s capacity on the digital marketplace. It has been more than a year and half since the two companies first worked together, in which cargo.one delivered Saudia Cargo’s first external digital sales channel. Since that time the digital marketplace has helped the airline grow in new markets and customer … [Read more...] about Saudia and cargo.one expand digital partnership
Freightos eyes Nasdaq listing with ‘special’ merger
Freight booking and payment platform Freightos Ltd is looking to go public on Nasdaq after the company entered into a definitive merger agreement with special purpose acquisition company (SPAC) Gesher I Acquisition Corp. The capital raised from the transaction will be invested to further scale the business, driving transaction value and improving margins. The implied pro forma enterprise value of the merger is estimated at approximately $435 million, leaving 78 percent stake to existing … [Read more...] about Freightos eyes Nasdaq listing with ‘special’ merger
cargo.one expands into South America with LATAM signup
LATAM Airlines and its cargo subsidiaries, partnered with digital cargo booking platform cargo.one to allow instant air freight booking and complete data visibility. Cargo.one said the timing could not be more opportune as the South American airline has plans to double its B767 freighter fleet over the next two years. Also read: MASkargo and cargo.one announce partnership The cargo booking platform started offering capacity and rates in North America in August this year for 18 airlines, … [Read more...] about cargo.one expands into South America with LATAM signup
