Air Serbia to Join Freightos Booking Platform

Rhea-AI Summary

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.

News Market Reaction – CRGO

-4.24%

1 alert

-4.24% News Effect

-2.9% Trough Tracked

-$4M Valuation Impact

$88.21M Market Cap

0.1x Rel. Volume

On the day this news was published, CRGO declined 4.24%, reflecting a moderate negative market reaction. Argus tracked a trough of -2.9% from its starting point during tracking. This price movement removed approximately $4M from the company's valuation, bringing the market cap to $88.21M at that time.

Data tracked by StockTitan Argus on the day of publication.

Market Reality Check

Price: $1.7000 Vol: Volume 201,934 is slightl...

normal vol

$1.7000 Last Close

Volume Volume 201,934 is slightly below the 20-day average of 228,270, suggesting only modest participation ahead of this news. normal

Technical Shares trade below the 200-day MA of 2.72, sitting 61.08% below the 52-week high and 41.03% above the 52-week low.

Peers on Argus

CRGO gained 7.84% while peers showed mixed, mostly small moves: PAL +0.62%, FLX ...

CRGO gained 7.84% while peers showed mixed, mostly small moves: PAL +0.62%, FLX +6.18%, SFWL -1.13%, BTOC -1.03%, RLGT +0.29%. This points to a stock-specific reaction rather than a broad sector shift.

Historical Context

5 past events · Latest: Mar 12 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 12	CEO appointment	Positive	-0.8%	New CEO named with focus on scaling and breakeven by Q4 2026.
Mar 11	Airline integration	Positive	+4.1%	Ethiopian Cargo added to platform, expanding African digital capacity access.
Feb 23	Q4/FY25 earnings	Negative	-30.2%	Revenue growth but continued IFRS losses and FX pressure on margins.
Feb 23	Board change	Neutral	-30.2%	Founder Zvi Schreiber stepping down from board, governance unchanged.
Jan 15	KPI beat	Positive	+28.0%	Q4 2025 KPIs beat guidance with record transactions and GBV growth.

Pattern Detected

Positive platform expansion or KPI updates have often coincided with strong gains, while leadership or structural news has seen weaker or negative reactions.

Recent Company History

Over recent months, Freightos has combined operating momentum with strategic changes. KPI updates for Q4 2025 showing beats on transactions and GBV drove a 27.96% gain, while the Ethiopian Cargo integration coincided with a 4.13% rise. In contrast, Q4/FY25 earnings with ongoing IFRS losses and board/leadership changes around founder Zvi Schreiber saw declines of about 30%. Today’s Air Serbia integration extends the same airline-network expansion theme seen with Ethiopian Cargo.

Market Pulse Summary

This announcement adds Air Serbia to Freightos’ booking platform, broadening airline coverage across...

Analysis

This announcement adds Air Serbia to Freightos’ booking platform, broadening airline coverage across Europe and the U.S. and promoting adoption of Freightos Pay for guaranteed digital payments. Historically, similar integrations and KPI beats have coincided with strong gains, while leadership and earnings events saw mixed reactions. Investors tracking this story may focus on how additional airlines translate into transaction growth, gross booking value, and progress toward the stated breakeven goal by end-2026.

Key Terms

freight forwarders, iata accreditation

2 terms

freight forwarders technical

"This integration will extend Freightos Pay's reach by enabling rapid, guaranteed digital payments between freight forwarders and carriers across Europe"

Freight forwarders are companies that act like travel agents for goods, arranging the movement of products by road, sea, rail or air and handling related paperwork, insurance and customs steps. Investors care because their efficiency and reliability influence how quickly products reach customers, how much companies pay to move inventory, and how resilient supply chains are—factors that affect sales, costs and a company’s profit outlook.

iata accreditation technical

"including for forwarders without IATA accreditation - a key barrier to digital transaction adoption in the region"

IATA accreditation is an official recognition from the International Air Transport Association that allows a travel or cargo business to sell airline tickets, handle shipments and settle payments directly with airlines using industry systems. For investors, it signals that a company meets global operational and financial standards, opens access to major sales and distribution channels, and reduces business risk much like a license or bank account does for a retailer.

AI-generated analysis. Not financial advice.

Fast Digital Payments Offered to Forwarders Across the Carrier's Entire European and American Network

BARCELONA, Spain, March 24, 2026 /PRNewswire/ -- Freightos (NASDAQ: CRGO), the leading vendor-neutral digital pricing, booking and procurement platform for the international freight industry, today announced that Air Serbia will be joining its cargo booking platform, further expanding Freightos' airline network and strengthening adoption of Freightos Pay in Europe. This integration will extend Freightos Pay's reach by enabling rapid, guaranteed digital payments between freight forwarders and carriers across Europe, including for forwarders without IATA accreditation - a key barrier to digital transaction adoption in the region.

The addition of Air Serbia is a significant boost for freight forwarders. Once live, Air Serbia air cargo will be available for e-bookings across the United States and throughout its European network, from Albania and Austria to Sweden and Switzerland, opening all origins on Freightos' platform. Forwarders will also gain access to niche destinations beyond Belgrade, including Zagreb, Podgorica, Tbilisi, Tirana, Sarajevo, Skopje, and many more.

"We're excited to welcome Air Serbia to Freightos," said Sebastien Podgorski, VP Airline Solutions, at Freightos. "In air cargo, payments are more than a back office function; they're a strategic lever. By combining booking with guaranteed payments, we're helping airlines strengthen cash flow, reduce disputes, and open up distribution to a much broader set of forwarders. That's what will drive a more accessible and efficient market."

"Digital transformation is at the core of our growth strategy, and partnering with Freightos represents a significant step forward in our cargo operations," said Veselin Djordjevic, Head of Cargo at Air Serbia. "The guaranteed payment solution addresses a critical business need for us, eliminating financial uncertainty while expanding our reach to freight forwarders across Europe and beyond. This integration will streamline operations, reduce administrative work, and help us focus on delivering excellent service to our cargo customers."

Freightos' Pay solution streamlines the financial aspect of air cargo bookings by ensuring carrier payment from a broader range of freight forwarders, all while  processing and reconciling transactions faster than traditional payment methods. This reduces financial risk for airlines and helps freight forwarders without an existing airline account or accreditation access carriers and grow their customer base.

Freight forwarders looking to book Air Serbia on Freightos can get started here.

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 efficient, agile, and 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 businesses of all shapes and sizes around the globe. Products include Freightos Enterprise for multinational importers and exporters, Freightos Marketplace for small importers and exporters, WebCargo and 7LFreight by WebCargo for freight forwarders, WebCargo for Airlines, and Clearit, a digital customs broker.

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. Futures of FBX are traded on CME and SGX.

More information is available at freightos.com/investors.

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/2319256/4496202/Freightos_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/air-serbia-to-join-freightos-booking-platform-302723250.html

SOURCE Freightos

FAQ

What does Air Serbia joining Freightos mean for CRGO investors?

It expands Freightos' airline network and payment reach across Europe and the U.S. According to Freightos, the deal opens Air Serbia e-bookings on Freightos and extends Freightos Pay to forwarders lacking IATA accreditation, potentially increasing platform transaction volume and distribution.

Which Air Serbia routes will be available on Freightos' platform after March 24, 2026?

Air Serbia air cargo will be available across the United States and its European network. According to Freightos, the integration opens all origins on the platform, including niche destinations like Zagreb, Podgorica, Tbilisi, Tirana, Sarajevo, and Skopje.

How does Freightos Pay benefit forwarders without IATA accreditation when booking Air Serbia?

Freightos Pay enables rapid guaranteed digital payments from forwarders without IATA accreditation. According to Freightos, this removes a key regional barrier, allowing non‑accredited forwarders to access carriers and grow their customer base with faster transaction processing and reconciliation.

What operational benefits did Air Serbia cite for the Freightos integration on March 24, 2026?

Air Serbia highlighted streamlined operations, reduced administrative work, and elimination of financial uncertainty. According to Air Serbia, the guaranteed payment solution supports cargo growth by improving cash flow predictability and expanding reach to more freight forwarders.

Will the Freightos-Air Serbia integration reduce payment disputes for carriers and forwarders?

Yes, the integration is intended to lower disputes by combining booking with guaranteed payments. According to Freightos, guaranteed digital payments help airlines strengthen cash flow and reduce reconciliation disputes versus traditional payment methods.