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New Hi-tech Kids on Logistics Block are Showing Established Players How it’s Done

(Alex Lennane – The Loadstar)

Disruption is on its way, as the logistics industry finally goes hi-tech – but in a move not led by existing players. It is attracting technology start-ups that see an opportunity to create efficiencies and make complex booking processes easier. [...]

Last month, Freightos, an online network that claims to generate door-to-door quotes in seconds, appointed Robert Mylod, former Priceline CFO and head of worldwide strategy, to its board of directors. He is also managing partner of Annox Capital and a director of Dropbox and Redfin. In addition, Freightos also completed a financing round of $7.6m with investors including Annox Capital, Aleph, ICV and OurCrowd. Read more here.