Freightos
Freightos Cuts 15% of Jobs in Bid to Break Even
Layoffs are expected to save $4.5 million annually as the freight tech firm aims to reach adjusted…
Shuffle Board: Ganni Grows Exec Committee, Freightos Founder Exits
Ganni has named three execs amid the Danish label's global growth while Freightos founder and CEO Zvi…
NRF VP: Retailers ‘Need Clarity’ on New China Tariff Deadline
According to Jonathan Gold, retailers are in the dark over how to react once the 90-day tariff truce between…
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An Imminent East Coast Port Strike Spells Another Spike in Freight Rates
As the clock ticks on the ILA-USMX contract negotiations, ocean freight rates could elevate into 2025 if a…
Ocean Freight Contracts Update: ‘There’s A Lot of Shippers Who Are Just Waiting’
The largest shippers typically set the benchmark for contract negotiations, said Judah Levine, head of…
Red Sea Risks Point Shippers to Air Freight
Companies might have to start flying just-in-time inventory "to keep sales orders happening and meet delivery…
Chain Reaction: Anton Bar of Freightos on How Digitization can Simplify Shippers’ Processes
In this Q&A, Anton Bar of Freightos discusses how to navigate unexpected supply chain disruptions with data…
Freightos Layoffs Reflect ‘Persistently Weak’ Freight Market
The freight booking company is cutting 13 percent of its staff to control costs and boost profits.
Demand for Supply Chain Intelligence Remains Elevated in Post-Pandemic Landscape
Sixty percent of importers and forwarders expect to engage more with market data after the supply chain…
Digitization is Coming—Whether the Supply Chain Likes it or Not
The ability to provide solutions and enhance visibility is becoming crucial for those supporting the sourcing…
Money is Funneling into these Freight Tech Firms
Freight booking marketplace Freightos debuted on the Nasdaq last, freight quoting platform Freightify raised…
April’s Ocean Freight Fees Fell 7% But Pressure on Spot Rates Is Coming
Shanghai's reopening could result in a flood of cargo hitting the container market right as battle-tested…
Ocean Freight Rates Ease but Fog of War Darkens Outlook
The impact of China's Covid lockdowns on key markets will likely lead to equipment scarcity, rate hikes and a…
‘Further Price Hikes and Deeper Delays’: Latest Look at Lockdowns and Logistics
A Flexport executive explains why "disruptions are imminent" in the wake of China's zero-Covid stance…
Why Futures Contracts May Be the Key to Stabilizing Freight Rates
Six new futures contracts are scheduled to start trading in February, as freight rates remain north of 165…