Thailand Freighter Pattaya Airways Joins WebCargo by Freightos Platform, Expanding Digital Air Cargo Access in Southeast Asia
Rhea-AI Summary
Freightos (NASDAQ: CRGO) announced on November 19, 2025 that Thai freighter operator Pattaya Airways joined the WebCargo by Freightos platform to enable digital booking and payment for cargo capacity across Pattaya's Southeast Asia network.
Initial digital bookings will run between Bangkok and Ho Chi Minh City, with planned expansion across Thailand, Myanmar, Cambodia, Vietnam, and Laos. The integration aims to give freight forwarders instant access to regional freighter routes, faster booking, and greater pricing transparency.
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News Market Reaction
On the day this news was published, CRGO declined 2.37%, reflecting a moderate negative market reaction. Our momentum scanner triggered 15 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $4M from the company's valuation, bringing the market cap to $157M at that time. Trading volume was above average at 1.8x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
Through this integration, freight forwarders on the platform gain digital access to Pattaya Airways' regional routes, connecting major Association of Southeast Asian Nations (ASEAN) economic centers. Initially, booking between
"Welcoming Pattaya Airways to our platform is another step toward making global trade smoother and more responsive," said Zvi Schreiber, CEO of Freightos. "As Thailand strengthens its position in global trade networks, having instant digital access to regional freighters like Pattaya Airways allows freight forwarders to build more responsive supply chains for their customers."
"For us, this isn't just about going digital — it's about keeping up with how freight really moves today," said Nat Boonyavichkanont, Chief Executive Officer of Pattaya Airways Company, Ltd. "Pattaya Airways is proud to collaborate with WebCargo by Freightos to enhance digital air-cargo accessibility across
Freight forwarders looking to book Pattaya Airways on WebCargo by Freightos can register for free 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
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SOURCE Freightos