Freightos Makes Public Debut Via Special Purpose Acquisition Company

Supply Chain
Written By Rick Watson

Freightos is a digital freight marketplace that instantly connects ocean, air and truck carriers with shippers.

The usage of SPACs has majorly declined in the past 6 months as they have not returned much to retail investors and the performance of these companies has not been good.  To this point, the company’s stock opened at $7 and has since dropped to 50 cents a share. Freightos hopes to break this trend by making it easier for shippers to compare and book services from freight forwarders and importers.

FreightWaves: Freightos makes public debut on Nasdaq as SPAC market tanks

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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