Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp.
May 31, 2022Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
FedEx-Backed Freightos to Go Public
High School Prepares Students for Transportation Careers
LONG BEACH, Calif. — Students from Juan Rodriguez Cabrillo High School watched transportation leaders at the Metrans International Urban Freight Conference, which met just a few miles from the sprawling Port of Long Beach.
FMCSA Extends COVID Emergency Declaration to Aug. 31
The Federal Motor Carrier Safety Administration has extended regulatory waivers related to truckers’ allowable work time, citing continuing public health concerns over COVID-19.
Consumer Confidence Slips in May Amid Stubborn Inflation
SILVER SPRING, Md. — U.S. consumer confidence edged lower in May as Americans’ view of their present and future prospects dimmed in the midst of persistent inflation.
Pandemic Spurred Change in Industry, Transportation Professionals Say
LONG BEACH, Calif. — Because of the now more than two-year-long COVID-19 pandemic, the freight industry is undergoing an accelerated rate of change.
Supply Chain Relief Sparks Feud Over Degree of Softer Economy
Some supply strains in the U.S. are easing, two years after a jump in demand started emptying shelves, snarling shipping and sowing the seeds of soaring inflation.
Walmart, Others Amass $45 Billion in Extra Stuff to Sell
Big retailers rushed to build up inventories last year amid soaring consumer demand and transportation bottlenecks — going so far in some cases as to rent their own cargo ships. Now, they’re trying to figure out how to sell all their stuff.
Shanghai Moves Toward Ending 2-Month COVID-19 Lockdown
SHANGHAI — Shanghai authorities say they will take major steps June 1 toward reopening China’s largest city after a two-month COVID-19 lockdown that has set back the national economy and largely confined millions of people to their homes.
Retired Army General Replaces Porcari as Port Envoy
Retired U.S. Army Gen. Stephen Lyons has been appointed as the new port and supply chain envoy to a group created by the White House last June to mitigate economic problems arising from the COVID-19 pandemic.
US Ports’ Digital Tools Lag Overseas Counterparts
The giant ports in Southern California and across the U.S. greatly lag their counterparts in Europe and other regions using digital technology to optimize operations. That was the consensus of a panel discussion at the Metrans International Urban Freight Conference.