How Exactly is ‘Flying Cargo’ Gaining Momentum for Future

  • Flying is the most fascinating mode of transportation for many and continues to hold secrets that consumers often take for granted.
  • Cargo airlines generated revenues of $102 billion in 2019, moving goods worth $6 trillion which equated to 35% of world trade by value.
  • In addition, air cargo can be literally life-saving at times: during the height of the early COVID-19 challenges, aircraft were crucial to securing the delivery of medical supplies and equipment around the world and will be...

https://mfame.guru/how-exactly-is-flying-cargo-gaining-momentum-for-future/

Maersk invests in German trade finance startup

European fintech company MODIFI is launching digital Seller Financing in India, a service meant to help small and medium-sized exporters to thrive and offer attractive payment terms to their buyers.

Since MODIFI launched its global Trade Finance platform for small and medium-sized buyers and sellers in November 2018, the company has opened offices in Amsterdam and now India to further drive the international expansion. India exports USD 140bn worth of goods and roughly 40% of the exporters are...

https://container-news.com/maersk-invests-german-trade-finance-startup/

Maersk joins FreightHub investors as it secures $30m in fresh funds

German digital freight forwarding start-up FreightHub has secured $30m in a series B capital raising round that saw Maersk join its investors.
AP Møller-Maersk’s corporate venture arm, Maersk Growth, and logistics venture capital fund Rider Global joined Northzone, Global Founders Capital, Cherry Ventures and London-based investment firm Unbound, which also ploughed fresh funds into the company.
FreightHub said it would use the proceeds for tech development and to expand its presence in …

The...

https://theloadstar.com/maersk-joins-freighthub-investors-as-it-secures-30m-in-fresh-funds/