American Shipper

Eric Kulisch Tuesday, July 11, 2023

Freightos laying off 13% of employees as revenue weakens

Freightos, a digital marketplace for international air and ocean shipping, announced Tuesday that it will reduce staff levels by 13% and lowered its full-year outlook again in an effort to stem mounting losses as revenues fall short of expectations because of a prolonged downturn in freight markets. The news is the latest example of the […]

Read More »
Eric Kulisch Thursday, July 6, 2023

Amazon Air cuts ties with Silver Airways

Amazon’s private airline that outsources cargo flying to third parties has ended its partnership with Silver Airways, a small regional carrier that operated five small ATR72-500 turboprop planes on small feeder routes, FreightWaves has confirmed. Silver Airways, a privately held regional airline based in Fort Lauderdale, Florida, that operates passenger service in the Southeast, the […]

Read More »