Freight rate benchmarking and analytics platform Xeneta has raised $80 million in a fund-raising round led by equity-backed firm Apax Digital. The Oslo-based startup said the injection of new funds now meant it was valued at $265 million. The company will use the funds to accelerate investments in platform development and to grow its global team as it looks to expand into new markets. Xeneta’s reporting and analytics platform provides shipping and air cargo stakeholders the data to … [Read more...] about Xeneta secures US$80m in fresh funding
freight rate benchmarking
UK freight association ties up with maritime consultancy to enable its members to benchmark oceanfreight rates
The British International Freight Association (BIFA) has entered into a collaborative agreement with Drewry to help bring the maritime research consultancy's confidential freight rate benchmarking service to members of the trade association. Launched in 2019, Drewry Forwarder Benchmarking Club is designed to meet the specific needs of freight forwarders and non-vessel operating common carriers (NVOCCs) and provides members with the opportunity to confidentially benchmark their ocean carrier buy … [Read more...] about UK freight association ties up with maritime consultancy to enable its members to benchmark oceanfreight rates
