Sep 20, 2018
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Port handled 709,873 TEUs in September, a 21% decrease from September 2021.
Equivalent to almost 26 10,000 TEU containerships that will have to be found as supply chains are reactivated.
‘It’s never been more expensive to ship and never less reliable to get there,’ says maritime intelligence expert.
Eytan Buchman calls it a “shipstorm.”
Speaking from the Israeli headquarters of Freightos, the CMO is referring to the confluence of events behind a global supply-chain crisis.
The Covid-19 pandemic triggered many of these events, such as increased online purchasing, labor shortages, port shutdowns and passenger flight cancellations.
Read More: Israel21c
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CMA CGM and Freightos sign landmark agreement advancing digitization in the shipping industry
CMA CGM and Freightos sign landmark agreement advancing digitization in the shipping industry
The CMA CGM Group, a worldwide leading shipping group, and Freightos, the world’s online freight marketplace, are pleased to announce they have signed an ambitious pilot agreement whereby CMA CGM has become the first ocean carrier listed on Freightos. Online bookings, guaranteed pricing, and secured capacity on CMA CGM China-US trade lanes are available on the platform, with further extension to…
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Logistics startup Freightos raises $44.4M Series C led by Singapore Exchange
Logistics startup Freightos raises $44.4M Series C led by Singapore Exchange
Freightos, a marketplace for logistics providers, announced today that it has raised a $ 44.4 million Series C led by Singapore Exchange. Returning investors including General Electric Ventures (the lead investor of Freightos’ Series B extension last year), ICV and Aleph also participated in the round, which brings Freightos’ total funding so far to $ 94.4 million.
Launched in 2016 as a price…
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