London-based Beacon, the next generation freight forwarding and supply chain finance company, has raised over $15 million in its Series A fundraising round, with investors including Jeff Bezos, the founder and CEO of Amazon, and leading US venture capital firm 8VC. Beacon was founded in 2018 by CEO Fraser Robinson and COO Dmitri Izmailov, both former Uber executives. They were joined by CTO Pierre Martin, previously at Amazon, bringing together a management team with deep expertise in … [Read more...] about UK digital freight forwarder Beacon closes $15 million Series A fundraise, with investment from Jeff Bezos
markets
Nov cargo declines in 7 of 10 largest freight markets: ACI
Global air freight markets show volumes in decline by 1.3 per cent in November 2015, thereby removing the optimism from the first half of the year, said the Airports Council International in releasing its monthly statistics. The continuing lethargy on the cargo side contrasted sharply with the passenger figures which sowed a global growth of 6.2 per cent. In the last four months, air freight plunged into the negative territory twice—in August (-0.4 per cent) and in November (-1.3 per cent). This … [Read more...] about Nov cargo declines in 7 of 10 largest freight markets: ACI
