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Freightos Unveils Enterprise Suite, Creating First End-to-End Global Freight Procurement Platform

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Freightos (NASDAQ: CRGO) has launched Freightos Enterprise, an integrated logistics procurement suite that unifies global freight procurement, rate benchmarking, and shipment execution for large importers and exporters. The platform combines three key modules:

  • Procure: Automated RFQs and tender management, reducing procurement time by 90%
  • Rate, Book & Manage: Digital connectivity to hundreds of carriers for rate comparison and tracking
  • Terminal: Real-time freight market intelligence with contract benchmarking

Early customers have reported significant benefits including a 20% reduction in freight spend through data-backed negotiations and 80% decrease in email communication around quoting and booking. The platform addresses current industry challenges such as trade uncertainties, canal closures, and volatile rates.

Freightos (NASDAQ: CRGO) ha lanciato Freightos Enterprise, una suite integrata per l'approvvigionamento logistico che unifica l'acquisto globale di trasporti, il benchmarking delle tariffe e l'esecuzione delle spedizioni per grandi importatori ed esportatori. La piattaforma combina tre moduli principali:

  • Procure: Richieste di offerta automatizzate e gestione delle gare, riducendo i tempi di approvvigionamento del 90%
  • Rate, Book & Manage: Connessione digitale a centinaia di vettori per il confronto delle tariffe e il monitoraggio
  • Terminal: Intelligenza di mercato in tempo reale con benchmarking contrattuale

I primi clienti hanno riportato benefici significativi, tra cui una riduzione del 20% dei costi di trasporto grazie a negoziazioni basate sui dati e una diminuzione dell'80% nella comunicazione via email relativa a preventivi e prenotazioni. La piattaforma affronta le sfide attuali del settore come l'incertezza commerciale, le chiusure dei canali e la volatilità delle tariffe.

Freightos (NASDAQ: CRGO) ha lanzado Freightos Enterprise, una suite integrada para la adquisición logística que unifica la compra global de fletes, la comparación de tarifas y la ejecución de envíos para grandes importadores y exportadores. La plataforma combina tres módulos clave:

  • Procure: Solicitudes de oferta automatizadas y gestión de licitaciones, reduciendo el tiempo de adquisición en un 90%
  • Rate, Book & Manage: Conexión digital con cientos de transportistas para comparar tarifas y seguimiento
  • Terminal: Inteligencia del mercado de fletes en tiempo real con comparación de contratos

Los primeros clientes han reportado beneficios significativos, incluyendo una reducción del 20% en gastos de flete gracias a negociaciones basadas en datos y una disminución del 80% en la comunicación por correo electrónico relacionada con cotizaciones y reservas. La plataforma aborda desafíos actuales del sector como incertidumbres comerciales, cierres de canales y tarifas volátiles.

Freightos (NASDAQ: CRGO)는 대형 수입업자와 수출업자를 위한 글로벌 화물 조달, 요율 벤치마킹, 선적 실행을 통합한 통합 물류 조달 솔루션 Freightos Enterprise를 출시했습니다. 이 플랫폼은 세 가지 주요 모듈을 결합합니다:

  • Procure: 자동화된 견적 요청 및 입찰 관리로 조달 시간을 90% 단축
  • Rate, Book & Manage: 수백 개 운송사와의 디지털 연결을 통한 요율 비교 및 추적
  • Terminal: 계약 벤치마킹이 포함된 실시간 화물 시장 정보 제공

초기 고객들은 데이터 기반 협상을 통해 운송 비용 20% 절감과 견적 및 예약 관련 이메일 커뮤니케이션 80% 감소 등 상당한 혜택을 보고했습니다. 이 플랫폼은 무역 불확실성, 운하 폐쇄, 변동성 높은 요율 등 현재 업계의 문제를 해결합니다.

Freightos (NASDAQ : CRGO) a lancé Freightos Enterprise, une suite intégrée d'approvisionnement logistique qui unifie l'achat mondial de fret, le benchmarking des tarifs et l'exécution des expéditions pour les grands importateurs et exportateurs. La plateforme combine trois modules clés :

  • Procure : Demandes de devis automatisées et gestion des appels d'offres, réduisant le temps d'approvisionnement de 90 %
  • Rate, Book & Manage : Connexion numérique à des centaines de transporteurs pour la comparaison des tarifs et le suivi
  • Terminal : Intelligence du marché du fret en temps réel avec benchmarking des contrats

Les premiers clients ont rapporté des bénéfices significatifs, notamment une réduction de 20 % des dépenses de fret grâce à des négociations basées sur les données et une baisse de 80 % des échanges par email concernant les devis et réservations. La plateforme répond aux défis actuels du secteur tels que les incertitudes commerciales, les fermetures de canaux et la volatilité des tarifs.

Freightos (NASDAQ: CRGO) hat Freightos Enterprise eingeführt, eine integrierte Suite für die Logistikbeschaffung, die die globale Frachtbeschaffung, Tarifbenchmarking und Sendungsabwicklung für große Importeure und Exporteure vereint. Die Plattform kombiniert drei zentrale Module:

  • Procure: Automatisierte Angebotsanfragen und Ausschreibungsmanagement, die die Beschaffungszeit um 90 % verkürzen
  • Rate, Book & Manage: Digitale Anbindung an Hunderte von Spediteuren für Tarifvergleiche und Tracking
  • Terminal: Echtzeit-Frachtmarktinformationen mit Vertragsbenchmarking

Frühe Kunden berichten von erheblichen Vorteilen, darunter eine 20 %ige Reduzierung der Frachtkosten durch datenbasierte Verhandlungen und eine 80 %ige Verringerung der E-Mail-Kommunikation rund um Angebote und Buchungen. Die Plattform adressiert aktuelle Herausforderungen der Branche wie Handelsunsicherheiten, Kanal-Schließungen und volatile Tarife.

Positive
  • Launch of comprehensive end-to-end freight procurement platform
  • Platform reduces procurement time by 90%
  • Customers report 20% reduction in freight spend
  • 80% decrease in communication overhead
  • Integration with hundreds of carriers
Negative
  • None.

Insights

Freightos' new integrated platform addresses critical supply chain inefficiencies with proven 20% cost reductions for enterprises managing global freight.

Freightos' Enterprise Suite represents a significant technological advancement in the logistics technology market by integrating three previously disconnected functions into a cohesive platform. By unifying procurement automation, digital booking capabilities, and market intelligence, they've addressed the fundamental inefficiency plaguing global freight management—the fragmentation that forces logistics teams to juggle spreadsheets, emails, and disconnected systems.

The platform's architecture shows deep vertical integration, connecting large importers and exporters directly with carriers through digital channels—eliminating friction in what has traditionally been a highly manual process. Most importantly, the reported metrics demonstrate substantial business impact: 20% reduction in freight spend and 80% decrease in email communications represent meaningful operational efficiencies.

The inclusion of real-time market intelligence with contract benchmarking capabilities transforms negotiation dynamics between shippers and carriers. By leveraging data from multinational BCOs alongside the Freightos Baltic Index (FBX) and Freightos Air Index (FAX), enterprises gain unprecedented visibility into commercial market rates, shifting from relationship-based discussions to data-driven negotiations.

For Freightos, this launch represents a strategic expansion of their value proposition. By creating a comprehensive platform that spans from market intelligence to procurement to execution, they're increasing customer stickiness while addressing the escalating complexity in global supply chains. The endorsement from Electrolux adds significant credibility to their claims and positions this platform as a solution for both operational and financial challenges in global logistics.

Freightos' unified platform arrives perfectly timed amid supply chain volatility, offering tangible cost reductions and operational efficiencies for global shippers.

The launch of Freightos Enterprise directly addresses the perfect storm currently facing global logistics teams. With ongoing trade uncertainties, canal disruptions, and highly volatile shipping rates, the timing couldn't be more strategic. Large importers and exporters are desperate for solutions that provide both operational efficiency and market intelligence to navigate these challenges.

What makes this platform particularly valuable is its comprehensive approach to the procurement lifecycle. Traditional logistics operations require toggling between disparate systems for contract negotiations, spot bookings, and shipment tracking. By unifying these functions, Freightos eliminates the communication bottlenecks that have become increasingly problematic as supply chains grow more complex.

The reported 20% reduction in freight spend through data-backed negotiations represents substantial savings for large-volume shippers. For context, logistics costs typically constitute 5-15% of total product costs for manufacturers, making this level of savings strategically meaningful. Similarly, the 80% decrease in email communication addresses a significant hidden cost in global logistics operations.

The platform's flexibility to manage different procurement modes (annual, quarterly, and spot) provides crucial adaptability in today's volatile shipping environment. When market conditions shift rapidly, as they have following recent disruptions, the ability to seamlessly transition between contract and spot rates becomes a competitive advantage.

The endorsement from Electrolux's VP of Group Logistics Operations validates the platform's real-world application at enterprise scale. Their emphasis on shifting focus from "chasing information" to strategy highlights the platform's potential to transform how logistics teams operate in increasingly complex global environments.

BARCELONA, Spain, April 23, 2025 /PRNewswire/ -- Freightos (NASDAQ: CRGO), the world's leading digital freight booking and payment platform, today launched Freightos Enterprise, an integrated logistics procurement suite for large importers and exporters that unifies the increasingly digitalized but persistently fragmented world of global freight procurement, rate benchmarking, and shipment execution. Freightos' comprehensive procurement platform bridges annual, quarterly and spot procurement of air, ocean and ground freight, while offering the critical market intelligence required to navigate ongoing industry volatility.

"Enterprise logistics teams are drowning in spreadsheets, emails, and siloed platforms," said Zvi Schreiber, CEO of Freightos."The result is higher cost and unreliable supply of imported goods…at a time when resilience is critical.  Technology has evolved to address some of these pain points, but in a piecemeal way that doesn't fully support the entire procurement process. We've spent years building the individual pieces of the puzzle, and now we're bringing them together in a way that matches how logistics professionals work in the real world, creating digital access that truly connects multinational businesses with their service providers to make importing and exporting smoother."

Freightos Enterprise combines three powerful modules into one unified platform:

  • Procure: Automated RFQs (Request for Quotes), tender management and contract optimization, which reduces procurement time by up to 90% while digitalizing communications with logistics service providers. Freightos Procure is based on the recent acquisition of Shipsta.
  • Rate, Book & Manage: Direct digital connectivity to hundreds of carriers, typically through their logistics service providers, for rate comparison, booking, and shipment tracking.
  • Terminal: Real-time freight market intelligence with newly enhanced contract benchmarking capabilities, leveraging data from dozens of multinational BCOs to provide unprecedented visibility into commercial market rates. Freightos Terminal includes the leading indexes for container shipping and air cargo, Freightos Baltic Index (FBX) and Freightos Air Index (FAX).

"Having everything connected - from market intelligence to tender procurement to actual bookings - transforms how shippers operate. Now, teams can focus on strategy, instead of chasing information across multiple systems and endless email chains, saving time and money, and getting goods on shelves with less overhead and more reliability," said Paolo Galli, VP Group Logistics Operations at Electrolux.

The product launch timing is perfectly aligned with the industry's current challenges, as logistics professionals grapple with trade uncertainties, canal closures and highly volatile rates, facing increasing pressure to optimize spend and efficiency across increasingly complex supply chains. Customers implementing the Freightos Enterprise suite have reported:

  • 20% reduction in freight spend through data-backed negotiations
  • 80% decrease in email communication around quoting and booking
  • Elimination of communication bottlenecks with logistics service providers
  • Comprehensive visibility from contract negotiation to final delivery

Freightos Enterprise is available immediately, with flexible implementation options allowing companies to start with their most pressing needs before expanding to the full suite.  Click here to get started.

About Freightos

Freightos® (NASDAQ: CRGO) is the leading vendor-neutral global freight booking platform. Airlines, ocean carriers, thousands of freight forwarders, and well over ten thousand importers and exporters connect on Freightos, making world trade faster, more efficient and more resilient.

The Freightos platform digitizes the trillion dollar international freight industry, supported by a suite of software solutions that span pricing, quoting, booking, shipment management, and payments for global businesses of all shapes and sizes. Products include the Freightos Marketplace, WebCargo, WebCargo for Airlines, 7LFreight by WebCargo, Shipsta by Freightos, and Clearit.

Freightos is a leading provider of real-time industry data via Freightos Terminal, which includes the world's leading spot pricing indexes, Freightos Air Index (FAX) for air cargo and Freightos Baltic Index (FBX) for container shipping.

Media Contact 
Tali Aronsky
PR Lead, Freightos
tali.aronsky@freightos.com

Investor Contact 
Anat Earon-Heilborn
ir@freightos.com

Logo: https://mma.prnewswire.com/media/2319256/5280253/Freightos_Logo.jpg

 

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SOURCE Freightos

FAQ

What are the key features of Freightos Enterprise platform for CRGO investors?

Freightos Enterprise includes three main modules: Procure for automated RFQs, Rate, Book & Manage for carrier connectivity, and Terminal for market intelligence, offering comprehensive freight procurement solutions.

How much cost reduction can companies achieve using Freightos Enterprise CRGO platform?

Companies implementing Freightos Enterprise have reported a 20% reduction in freight spend through data-backed negotiations and 80% decrease in email communication.

What market challenges does Freightos CRGO's new Enterprise suite address?

The platform addresses trade uncertainties, canal closures, and rate volatility, helping logistics professionals optimize spend and efficiency across complex supply chains.

How does Freightos Enterprise CRGO platform streamline procurement processes?

The platform reduces procurement time by up to 90% through automated RFQs, digital communications with providers, and unified contract optimization.
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