Here’s a quick recap of an unexpectedly amazing forum spotlighting Central Asian trucking companies in the U.S. Plus, we met Strong Solo Sergey in real life.
From West Coast wins to Gulf Coast fog delays, the country’s top gateways are telling very different stories.
OTR Solutions launches OTR365 Ecosystem and OTRintelligence, combining AI-powered automation with 24/7 instant funding to transform freight factoring for carriers and brokers.
In response to declining revenues and freight market downturn, Freightos reduces staff by 13% and further lowers its 2023 revenue outlook.
Freightos, a digital platform for international air and ocean shipping, announced a 13% staff cut and a second revision of its annual outlook to cope with a sustained downturn in freight markets and declining revenues. The Jerusalem-based company now expects revenues to lie between $20m and $21.2m for 2023, a significant drop from the initial expectation of $26.6m. Freightos also reported an operating loss of $24.3m last year, a notable increase from the $16.3m loss in 2021, despite revenue growth.
Source: FreightWaves
If freight transportation companies have slow sales that trickles down to #fintech and freightech service providers like @freightos $CRGO that make money as a % of transactions . . . https://t.co/Gs7qG3pnu9 #supplychain
— Eric Kulisch (@ericreports) July 11, 2023
OTR Solutions launches OTR365 Ecosystem and OTRintelligence, combining AI-powered automation with 24/7 instant funding to transform freight factoring for carriers and brokers.
Discover how Stevens Transport uses Bitfreighter’s API automation to dominate spot freight. More loads, less burnout, higher margins.
Freight brokers are over AI hype. Here's why they want ready-to-use tools (not overhauls) and how Epay Manager is quietly changing the game.
Freight claims don’t have to be a time-sucking nightmare. AI-powered automation is transforming the process—faster resolutions, fewer errors, and more money recovered. Here’s what you need to know.
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
