Nippon Express Expands Global Freight Operations with Freightos' Air and Ocean Pricing and Booking SaaS Solution

Rhea-AI Summary

Freightos (NASDAQ: CRGO), a global freight booking and payment platform, announced that Nippon Express (NX Group), a top-five global freight forwarder, has selected Freightos' multimodal freight pricing and booking SaaS solution for its global operations across 57 countries.

The expansion builds on Nippon Express' existing use of WebCargo by Freightos for air bookings, now extending to multimodal operations. The implementation includes API integrations with Nippon's internal systems and Freightos Terminal, a freight market intelligence tool for optimizing routing and pricing. The platform currently handles over 1.5 million bookings annually.

Positive

• Partnership with a top-five global freight forwarder expands Freightos' market presence
• Extension of existing relationship from air-only to multimodal operations shows product success
• Platform demonstrates scalability with 1.5 million annual bookings
• Integration of API and market intelligence tools showcases comprehensive solution offering

Negative

• No financial terms or revenue impact disclosed
• Implementation timeline and costs not specified

News Market Reaction – CRGO

+6.06% 2.0x vol

12 alerts

+6.06% News Effect

+6.4% Peak in 23 hr 46 min

+$11M Valuation Impact

$186M Market Cap

2.0x Rel. Volume

On the day this news was published, CRGO gained 6.06%, reflecting a notable positive market reaction. Argus tracked a peak move of +6.4% during that session. Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $11M to the company's valuation, bringing the market cap to $186M at that time. Trading volume was above average at 2.0x the daily average, suggesting increased trading activity.

Data tracked by StockTitan Argus on the day of publication.

BARCELONA, Spain, Oct. 1, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), the leading vendor-neutral global freight booking and payment platform, today announced that top-five global freight forwarder Nippon Express (NX Group) has selected Freightos' multimodal freight pricing and booking Software-as-a-Service (SaaS) solution to power its operations across most of its global network, spanning hundreds of offices in 57 countries."

Nippon Express has deployed Freightos to digitize air pricing, quoting, and booking, building on its existing use of WebCargo by Freightos for thousands of monthly air bookings. Having successfully digitized air, Nippon is now expanding to multimodal, leveraging Freightos' platform—which handles over 1.5 million bookings annually—for faster, more efficient quoting and booking across multiple transport modes.

In today's volatile logistics market, service providers must rapidly adapt to shifting trade patterns, capacity constraints, and evolving customer expectations. The Freightos solutions will strengthen Nippon Express' ability to navigate these fluctuations with agility and deliver quicker, sharper price quotes for both air and ocean customers.

The deployment will include API integrations with Nippon Express' internal systems. The solution suite also includes Freightos Terminal, a leading freight market intelligence tool for air and ocean, equipping Nippon Express with data insights to optimize routing and pricing in volatile markets.

"This strategic digital expansion represents a fundamental shift in how we manage freight across transport modes," said Ionut Mares, Global Head of Air and Ocean Freight at Nippon Express. "By implementing Freightos' comprehensive solution across our global operations we're not just digitizing processes – we're reimagining the future of freight management to deliver unprecedented value and efficiency to our customers worldwide."

"The logistics industry is at a pivotal moment where true multimodal digital capabilities are no longer optional but essential," said Zvi Schreiber, CEO at Freightos. "Nippon Express' adoption of Freightos technology demonstrates how leading logistics providers are embracing end-to-end digital solutions that span the entire freight journey. By connecting Nippon Express's extensive global network to our digital ecosystem, we're helping them deliver true agility to their customers worldwide."

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.

About the NX Group

The NX Group is a world-leading logistics provider established in Japan in 1937. With over 78,000 professionals in 57 countries and regions, the NX Group is renowned for its global presence. Our holding company, NIPPON EXPRESS HOLDINGS, is listed on the Prime Market, the highest tier of the Tokyo Stock Exchange. Distinguished by its unwavering commitment to excellence, the NX Group holds a strong market position in air, sea, rail, and truck transport as well as contract logistics, offering high-quality end-to-end supply chain solutions that seamlessly integrate information technology. As a partner that goes beyond simply transporting goods, the NX Group is committed to creating sustainable and environmentally-conscious supply chains. We strive to co-create our customers' future by providing innovative solutions. For more information about our company, please visit https://www.nipponexpress-holdings.com/en/?_langEN.

Media Contact

Tali Aronsky
PR Lead
Freightos
tali.aronsky@freightos.com 

Investor Contact
Anat Earon-Heilborn
ir@freightos.com

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SOURCE Freightos

FAQ

What is the new partnership between Freightos and Nippon Express?

Nippon Express has selected Freightos' multimodal freight pricing and booking SaaS solution to power its operations across its global network in 57 countries, expanding beyond their existing air booking relationship.

How many bookings does Freightos' platform handle annually?

Freightos' platform handles over 1.5 million bookings annually across its network.

What features are included in Freightos' solution for Nippon Express?

The solution includes API integrations with Nippon's internal systems and Freightos Terminal, a freight market intelligence tool for air and ocean routing and pricing optimization.

How will this partnership benefit Nippon Express customers?

The partnership will enable Nippon Express to deliver faster price quotes for air and ocean customers, provide better agility in volatile markets, and improve overall operational efficiency.

What is the current relationship between Freightos and Nippon Express?

Nippon Express currently uses WebCargo by Freightos for thousands of monthly air bookings and is now expanding to include multimodal freight operations.