Eastern Air Logistics Taps WebCargo By Freightos to Fuel Global Growth
Portfolio Pulse from Benzinga Newsdesk
Eastern Air Logistics (EAL), the logistics arm of China Eastern Airlines, has partnered with WebCargo by Freightos (NASDAQ:CRGO) to provide eBooking and payment services for global forwarders. The partnership aims to offer seamless end-to-end solutions for cargo movement from China to North America, Europe, and Asia.
June 20, 2023 | 7:31 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
WebCargo by Freightos (NASDAQ:CRGO) partners with Eastern Air Logistics to provide eBooking and payment services, potentially increasing its customer base and revenues.
The partnership with Eastern Air Logistics, a major logistics player in China, will allow WebCargo by Freightos to expand its services to a larger customer base. This could lead to increased revenues and a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100