Welcome to our dedicated page for Freightos news (Ticker: CRGO), a resource for investors and traders seeking the latest updates and insights on Freightos stock.
Freightos Limited (NASDAQ: CRGO) generates frequent news as a vendor-neutral global freight booking and payment platform serving the international freight industry. This news page aggregates announcements, press releases, and market updates related to Freightos, providing context for investors and logistics professionals who follow the company’s progress in digitizing freight.
Readers can expect coverage of quarterly and annual results, where Freightos reports revenue trends, transaction volumes, gross booking value (GBV), and other key performance indicators such as the number of carriers and unique buyer users on its platform. The company often highlights consecutive quarters of record transactions and updates on its multimodal strategy across air and ocean freight.
News items also include product and platform developments, such as the launch of WebCargo Rate & Quote Ocean, which extends digital pricing, quoting, and booking from air into ocean freight, and enhancements to WebCargo and 7LFreight for freight forwarders. Partnership announcements with airlines, regional carriers, and general sales agents illustrate how the network of carriers and routes available through WebCargo by Freightos continues to evolve.
Corporate governance and leadership updates are another recurring theme, including board appointments, executive hires such as the Chief Revenue Officer, and CEO succession developments. These items provide insight into how Freightos is shaping its leadership to support its platform and solutions strategy.
By monitoring this page, users can follow how Freightos expands its carrier network, deepens relationships with freight forwarders and shippers, and advances its data offerings like Freightos Terminal, the Freightos Air Index (FAX), and the Freightos Baltic Index (FBX). Bookmark this feed to review historical announcements and stay aware of new disclosures as they are released.
Freightos (NASDAQ: CRGO), the leading vendor-neutral global freight booking and payment platform, has announced significant changes to its board of directors. Udo Lange, a board member since 2019 and current CEO of Stolt-Nielsen, has been appointed as Non-Executive Chairman. Additionally, Rotem Hershko, with extensive experience from Amazon Global and Maersk, has joined as a Director.
The appointments strengthen Freightos' leadership with Lange's 30+ years of logistics expertise, including senior roles at FedEx, and Hershko's platform technology background. The company reports an annualized run rate exceeding 1.5 million platform transactions after 22 consecutive quarters of growth, while expanding its customer base across forwarders, airlines, and multinational BCOs.
Freightos (NASDAQ: CRGO) announced a strategic partnership with SriLankan Cargo to integrate the airline's cargo services into WebCargo's digital booking and payment platform. The integration, set to launch later in Q3 2025, will provide 10,000+ freight forwarding offices with instant access to SriLankan's air freight capacity across 32 online destinations in 21 countries.
The partnership significantly enhances Freightos' presence in South Asia and provides digital access to Colombo's growing transshipment hub. SriLankan Cargo's network offers strong coverage across key trade lanes connecting the Middle East, Southeast Asia, Europe, and the Indian subcontinent. The integration includes WebCargo Pay, enabling non-IATA forwarders to access capacity without traditional credit requirements.
Freightos (NASDAQ: CRGO), the leading digital freight booking platform, reported strong Q2 2025 preliminary KPIs, achieving its 22nd consecutive quarter of record transactions. The company recorded 397,000 transactions, representing a 26% year-over-year growth and exceeding management's expectations of 380-385k.
The platform's Gross Booking Value (GBV) reached $317 million, marking a significant 56% increase year-over-year, substantially surpassing the projected range of $278-285 million. Freightos expanded its carrier network to 75 carriers, adding notable airlines like China Airlines and Air Europa, while unique buyer users grew 6% to 20,200. The company will report full Q2 2025 earnings on August 18, 2025.
Freightos (NASDAQ:CRGO) announced an expanded partnership with SEKO Logistics to scale its digital freight booking and payment solutions across SEKO's global operations. The integration combines Freightos' 7LFreight and WebCargo forwarder solutions to unify air and ground rate management and booking workflows.
The enhanced partnership provides SEKO access to live airfreight pricing from over 70 airlines and rates from 150 LTL and 3,000 cartage providers. The integration streamlines operations by enabling direct booking flow into SEKO's systems, improving speed and accuracy for multimodal shipments.
China Airlines, a top-15 air cargo carrier, is partnering with Freightos (NASDAQ: CRGO) to launch digital booking capabilities on WebCargo and 7LFreight platforms. Starting next week, freight forwarders will gain instant access to China Airlines' rates, capacity, and eBookings across its network of 85 aircraft serving 192 destinations in 29 countries.
The initial rollout covers major hubs in the US, Canada, Germany, Luxembourg, Netherlands, Japan, and 14 destinations throughout Mainland China, Hong Kong, Taiwan, and Southeast Asia. Future phases will include WebCargo Pay instant payment integration, supporting general cargo, express rates, ULD bookings, and contract rates.
Freightos Limited (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for international freight, has scheduled its Q1 2025 earnings release for Tuesday, May 20, 2025, before market open. The company will host a webcast and conference call at 8:30 a.m. EST to discuss the results.
Interested participants can register for the call through a provided Zoom link, with access available via the Zoom app or telephone dial-in. Questions can be submitted in advance to ir@freightos.com or during the call. A replay of the webcast and transcript will be available on Freightos' Investor Relations website after the event.
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.