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Freightos goes public on Nasdaq

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WebCargo

Freightos goes public on Nasdaq

January 30, 2023 by Payload Asia

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

Other Topics: air cargo network, air express, air freight services, air logistics, Asia Pacific air cargo, Asia Pacific air freight, Asia Pacific air logistics, Asia Pacific shipments, cargo booking platform, cargo flights, digitalisation, e-commerce logistics, express delivery, express logistics, Freightos, international air shipments, international express delivery, transpacific air cargo, transpacific air freight, WebCargo

WebCargo reels in China’s largest cargo carrier

December 8, 2022 by Payload Asia

China Southern Air Logistics has partnered with air freight booking platform WebCargo, becoming the first carrier in China to offer rates, capacity, and bookings on the digital marketplace. With the addition of China Southern’s cargo arm on the booking platform, half of the world’s air cargo capacity is now available for pricing and booking on WebCargo, the company said. Barcelona-based WebCargo, which started from zero just 4 years ago, now has more than 30 airlines on its platform, … [Read more...] about WebCargo reels in China’s largest cargo carrier

Other Topics: air cargo network, air express, air freight services, air logistics, Asia Pacific air cargo, Asia Pacific air freight, Asia Pacific air logistics, Asia Pacific shipments, cargo booking platforms, cargo flights, China Southern Air Logistics, China Southern Airlines, e-commerce logistics, express delivery, express logistics, Freightos Group, international air shipments, international express delivery, transpacific air cargo, transpacific air freight, WebCargo

Freightos eyes Nasdaq listing with ‘special’ merger

June 7, 2022 by Payload Asia

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

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, cargo booking platform, Freightos, mergers and acquisitions, Nasdaq, WebCargo

Turkish Cargo joins Freightos platform WebCargo

April 21, 2021 by Payload Asia

Turkish Cargo has signed up with Freightos Group’s WebCargo and is set to start selling capacity on the e-booking platform in Spain and India, with further rollouts to several countries, according to a press release. The airline said that with its shift to e-bookings, more than 20 percent of its global air cargo capacity will now be digitized, providing more than 2,000 forwarders on WebCargo with instant access to capacity and pricing. Also read: Turkish Cargo ramps up its digitalisation … [Read more...] about Turkish Cargo joins Freightos platform WebCargo

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, digital booking platform, Freightos Group, Turkish Cargo, WebCargo

TIACA bolsters Board with four new appointments

March 31, 2021 by Payload Asia

The International Air Cargo Association (TIACA) has added four new members on its board of directors, broadening the industry expertise of the current Board. Following a year of internal re-organization and the changing of governance structure, Liana Coyne of Coyne Airways, Bob Chi of SATS Ltd, Manel Galindo of WebCargo, and Hendrik Leyssens of Swissport will join the board to fill roles that have been underrepresented in the past. “Each new Board member has been vetted by the Executive … [Read more...] about TIACA bolsters Board with four new appointments

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, Bob Chi, Coyne Airways, Hendrik Leyssens, Liana Coyne, Manel Galindo, SATS Ltd, Steven Polmans, Swissport, The International Air Cargo Association, TIACA, WebCargo

Qatar Airways makes digital leap with WebCargo

January 20, 2021 by Payload Asia

Qatar Airways Cargo is marking a major milestone in air cargo digitalisation as it looks to go live on Freightos’ cargo booking platform WebCargo, providing forwarders with real-time pricing and capacity. “Digitalisation is a crucial step in powering agile supply chains in a rapidly changing world," said Freightos Group CEO, Zvi Schrieber. With this partnership, forwarders working with QR Cargo will be able to book online in real time and gain access to live rates and available capacity, … [Read more...] about Qatar Airways makes digital leap with WebCargo

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, Freightos Group, Guillaume Halleux, Qatar Airways Cargo, WebCargo, Zvi Schrieber

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