Freightos publicly lists on Nasdaq, market cap near $500mn

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Freightos, the Nasdaq-listed global freight booking and payment platform, has announced a partnership with Megacap Aviation Service, a leading General Sales Agent (GSA) specialising in China trade lanes. The collaboration will provide more than 5,000 freight forwarders using WebCargo by Freightos with digital access to cargo capacity from 13 airlines in Megacap’s portfolio, starting with Ethiopian Airlines, Africa’s largest cargo network operator.

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www.stattimes.com

Freightos partners with Megacap Aviation for digital cargo access

Deal gives 5,000 freight forwarders real-time access to 13 airlines’ capacity, starting with Ethiopian Airlines.

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PSI booked $67.1 million in revenue for the six months ended June 30, 2023, representing a year-on-year growth of 36 percent. The Business Combination values PSI at a total pre-money enterprise value of approximately $200 million.

#hongkong #psigroup #aibacquisitioncorporation #nasdaq #aircargo #aircraft