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 reports developments tied to its vendor-neutral digital pricing, booking, procurement and payment platform for international freight. The company connects airlines, ocean carriers, freight forwarders, importers and exporters through products including Freightos Enterprise, Freightos Marketplace, WebCargo, 7LFreight by WebCargo, WebCargo for Airlines and Clearit.
Recurring news covers platform transaction KPIs, quarterly and annual results, airline network additions, digital payments adoption, software and solutions strategy, and cost-structure actions. Company updates also address governance changes and annual reporting, along with data products such as Freightos Terminal, the Freightos Air Index and the Freightos Baltic Index.
Freightos (NASDAQ: CRGO) reported preliminary Q2 2026 platform KPIs that exceeded management expectations and plans to release full earnings on August 17, 2026. Transactions reached a record 458k, above guidance of 437–444k and up 15% year-over-year versus expected 10–12%, driven mainly by resumed activity on Middle East routes despite ongoing conflict-related disruptions.
Gross Booking Value (GBV) rose to a record $422 million, ahead of the $388–$393 million expectation and up 33% year-over-year, supported by both higher volumes and average air freight rates that remain about 25% above pre-conflict levels. Active carriers were 75 in Q2 2026, compared to 79 in Q1 2026 and 75 in Q2 2025, while unique buyer users increased to roughly 21,000, up from about 20,600 in Q1 2026 and 4% above Q2 2025. All figures are preliminary and may change with the full earnings release, when the company will also detail progress in its solutions and software offerings.
Freightos (NASDAQ: CRGO) launched a direct eBooking integration with Korean Air, giving freight forwarders real-time rates, live capacity, and instant booking on key lanes from North America and Europe to Asia.
The phased roll-out connects Korean Air’s 166-aircraft fleet, including 23 freighters, to forwarders via the Freightos WebCargo platform.
Freightos (NASDAQ: CRGO) has joined the IATA Digitalization Leadership Charter to promote interoperable digital connectivity across the global air cargo ecosystem. The initiative targets five priorities: interoperability and data standards, digital resilience and cybersecurity, sustainable paperless cargo, innovation and automation, and responsible use of emerging technologies like AI.
Freightos (NASDAQ: CRGO) reported Q1 2026 revenue of $7.2M, up 3% year over year, with IFRS gross margin of 66.6% and non-IFRS gross margin of 73.5%. The IFRS net loss was $6.5M, while adjusted EBITDA was negative $2.8M.
The platform handled 425k transactions (+15% YoY), GBV reached $343M (+24% YoY), and active carriers increased to 79. Management guides FY 2026 revenue to $30.2M–$31.4M with adjusted EBITDA of -$6.9M to -$6.2M.
Freightos (NASDAQ: CRGO) reported preliminary Q1 2026 platform KPIs: 425k transactions (+15% YoY) versus management's expectation of 446k–451k, and GBV $343M (+24% YoY). Management cited Middle East conflict-related routing disruption as the main cause of the transaction shortfall. Freightos will report full results on May 26, 2026.
The company emphasized its solutions-led strategy and said deeper solutions adoption will be discussed with the earnings release; carrier network hit a record 79 carriers in Q1.
Freightos (NASDAQ: CRGO) announced a global cost optimization plan on March 26, 2026 to support its path to Adjusted EBITDA breakeven by the end of 2026. The plan includes a workforce reduction of up to 15%, one-time restructuring charges of about $1.3 million, and expected annualized savings of approximately $4.5 million beginning Q4 2026.
The company said it will continue investing in pricing, procurement and booking solutions, and leverage AI to improve efficiency while focusing on long-term sustainable growth of its multimodal freight platform.
Freightos (NASDAQ: CRGO) filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission on March 26, 2026. The filing includes Freightos' audited financial statements and is available on the SEC website and the company's investor relations site. Shareholders may request a free hard copy by contacting Investor Relations at ir@freightos.com.
Freightos (NASDAQ: CRGO) announced that Air Serbia will join its cargo booking platform, expanding Freightos Pay across Europe and the United States. The integration enables e-bookings for Air Serbia across its European network and open origins on Freightos, and permits rapid, guaranteed digital payments for forwarders without IATA accreditation.
This aims to streamline payments, reduce disputes, and broaden distribution to niche destinations such as Zagreb, Tbilisi, Tirana, Sarajevo, and Skopje while speeding reconciliation and lowering financial risk for carriers.
Freightos (NASDAQ: CRGO) appointed Pablo Pinillos as Chief Executive Officer and board member, effective March 16, 2026. Pinillos, CFO since March 2025 and Interim CEO since January 2026, succeeds founder Zvi Schreiber and will lead the company's global scale-up.
He reiterated a near-term goal of financial break even in Q4 2026 and plans to expand the solutions business, including ocean and procurement management. The company has opened a search for a new CFO.
Freightos (NASDAQ: CRGO) will integrate Ethiopian Cargo onto its WebCargo booking platform at the end of March 2026, adding digital rates, quoting, eBooking, WebCargo Pay digital payments, and interlining capabilities.
Ethiopian Cargo operates Africa's largest air cargo network, serving more than 145 destinations, expanding forwarders' access to African-origin capacity across Europe, the U.S., China, India, Kenya and South Africa.