Freightos Stock Price, News & Analysis
Why is CRGO Stock Down Today?
Company Description
Freightos Limited (NASDAQ: CRGO) is a vendor-neutral global freight booking and payment platform focused on digitizing the international freight industry. Airlines, ocean carriers, thousands of freight forwarders, and well over ten thousand importers and exporters connect on the Freightos platform to price, book, and manage freight services, with the goal of making world trade more efficient, agile, and resilient.
According to company disclosures, the Freightos platform supports real-time procurement of ocean and air shipping and enables digital booking and payments between freight buyers and sellers. The business is organized into a Platform segment and a Solutions segment, as reflected in its SEC filings. The Platform segment generates transactional platform fees related to bookings executed on Freightos’ digital infrastructure, while the Solutions segment focuses on subscriptions and SaaS-related professional services.
Business model and core platform
Freightos operates as a digital marketplace and technology provider for international freight. Its platform processes bookings for freight services and related services between buyers and third-party sellers, including carriers and other logistics providers. The company tracks the number of transactions, gross booking value (GBV), carriers, and unique buyer users as key performance indicators, describing GBV as the total monetary value of freight and related services contracted on the platform, plus related fees and certain pass-through payments.
The company emphasizes that it is vendor-neutral, meaning it connects multiple carriers and logistics providers with freight buyers rather than acting as a single carrier or forwarder. Transactions are facilitated between buyers and a network of airlines, ocean carriers, less-than-container-load (LCL) consolidators, trucking companies, freight forwarders, general sales agents, air master loaders, and a digital customs broker entity called Clearit.
Products and software solutions
Freightos describes a suite of software products that support pricing, quoting, booking, shipment management, and payments for businesses of various sizes across the globe. Named products include:
- Freightos Enterprise – targeted at multinational importers and exporters.
- Freightos Marketplace – a digital international freight marketplace for small importers and exporters, providing instant pricing, booking, and shipment management.
- WebCargo by Freightos – a freight platform connecting carriers and freight forwarders, with a particular focus on air cargo eBooking.
- 7LFreight by WebCargo – a rate management and quoting platform for North American freight forwarders.
- WebCargo for Airlines – tools for airlines to distribute capacity and pricing digitally.
- Clearit – a digital customs broker.
In addition, Freightos has launched WebCargo Rate & Quote Ocean, which extends its digital pricing, quoting, and booking capabilities from air freight into ocean freight. The company reports that this multimodal tool integrates with major ocean carriers and LCL consolidators and is intended to allow freight forwarders to manage rates, quote, and book both air and ocean freight on a single digital platform.
Data and index services
Beyond transactional services, Freightos positions itself as a provider of real-time industry data through Freightos Terminal. The company states that Freightos Terminal includes spot pricing indexes for both air cargo and container shipping, specifically the Freightos Air Index (FAX) for air cargo and the Freightos Baltic Index (FBX) for container shipping. According to the company, futures based on the FBX are traded on CME and SGX. These data products are presented as tools for participants in the freight ecosystem to monitor pricing and market conditions.
Scale, network, and key metrics
Freightos regularly reports operational metrics to illustrate the scale of its network. In recent disclosures, the company has highlighted an annualized run rate of over 1.6 million platform transactions and well over a billion dollars in annual GBV. It has also reported consecutive quarters of record transactions and a growing base of unique buyer users.
The company tracks:
- Transactions – the number of bookings for freight services and related services placed by buyers across the Freightos platform, net of cancellations.
- Carriers – the number of unique air and ocean carriers, mostly airlines, that have been sellers of transactions on the platform, counted when more than five bookings occur in a quarter.
- Unique buyer users – individual users placing bookings, typically based on unique email logins.
- GBV (Gross Booking Value) – the total value of transactions on the platform, including freight, related services, platform fees, and certain pass-through payments, converted to U.S. dollars at the time of each transaction.
Recent company communications note that WebCargo and the carrier portal component have been major contributors to transaction and GBV growth, with 7LFreight also contributing from a smaller base. The company has also reported a record number of active carriers on the platform.
Geographic footprint and segments
Freightos’ operations and revenues are discussed by geography and segment in its regulatory filings. The company reports activity in Europe, Hong Kong, the United States, and other regions. Both the Platform and Solutions segments have revenue attributed to these geographies, with the United States disclosed as a significant revenue contributor in the Polygon description.
Freightos Limited is a foreign private issuer that files annual reports on Form 20-F and interim reports on Form 6-K with the U.S. Securities and Exchange Commission. Its principal executive office is located in Barcelona, Spain, as indicated in multiple SEC filings.
Corporate governance and leadership
Freightos has a board of directors that includes independent directors under Nasdaq Listing Rules. Recent SEC filings and press releases describe board changes, including the appointment of an independent chairman of the board and the addition of new independent directors with backgrounds in logistics, digital product management, and logistics technology. The company has also announced the appointment of a Chief Revenue Officer to lead global revenue strategy and commercial execution.
In a Form 6-K and accompanying press release, Freightos reported that its founder and long-time chief executive officer agreed with the board to step down from the CEO role and continue as a non-executive board member. The company’s chief financial officer has been designated as interim chief executive officer while the board conducts a search for a new CEO.
Industry classification and role
For classification purposes, Freightos is associated with the Transportation and Warehousing sector and an industry grouping that includes postal and related services. However, based on its own descriptions, Freightos focuses on digital freight booking, payment, and data services for international freight rather than traditional postal operations. Its activities span air cargo, ocean freight, customs brokerage, and data services, connecting multiple stakeholders across global supply chains.
FAQs about Freightos Limited (CRGO)
- What does Freightos Limited do?
Freightos Limited operates a vendor-neutral digital freight booking and payment platform for the international freight industry. It connects airlines, ocean carriers, freight forwarders, and importers/exporters, enabling digital pricing, quoting, booking, shipment management, and payments. - How does Freightos generate revenue?
Company disclosures describe two main segments: a Platform segment that earns fees related to transactions executed on the Freightos platform, and a Solutions segment that generates revenue from subscriptions and SaaS-related professional services. - What are WebCargo and 7LFreight?
WebCargo by Freightos is a freight platform that connects carriers and freight forwarders, with a focus on air cargo eBooking. 7LFreight by WebCargo is a rate management and quoting platform for North American freight forwarders. - What is Freightos Marketplace?
Freightos Marketplace is described as a digital international freight marketplace for small importers and exporters, providing instant pricing, booking, and shipment management. - What is WebCargo Rate & Quote Ocean?
WebCargo Rate & Quote Ocean is an extension of Freightos’ WebCargo solution that brings digital pricing, quoting, and booking to ocean freight. It is designed to allow freight forwarders to manage air and ocean rates and bookings on a single multimodal platform. - What is GBV in the context of Freightos?
GBV, or Gross Booking Value, is defined by Freightos as the total monetary value of freight and related services contracted between buyers and sellers on the platform, plus related fees and certain pass-through payments such as duties, converted to U.S. dollars at the time of each transaction. - What is Freightos Terminal?
Freightos Terminal is the company’s data offering, providing real-time industry data and spot pricing indexes, including the Freightos Air Index (FAX) for air cargo and the Freightos Baltic Index (FBX) for container shipping. The company notes that futures based on the FBX are traded on CME and SGX. - Who uses the Freightos platform?
According to Freightos, its users include airlines, ocean carriers, thousands of freight forwarders, and well over ten thousand importers and exporters worldwide, ranging from small businesses to multinational enterprises. - Where is Freightos based and how is it regulated?
Freightos Limited is a Cayman Islands exempted company with principal executive offices in Barcelona, Spain, and it files annual reports on Form 20-F and current reports on Form 6-K with the U.S. Securities and Exchange Commission as a foreign private issuer. - What stock exchange does Freightos trade on?
Freightos’ ordinary shares trade on the Nasdaq Stock Market under the ticker symbol CRGO.
Stock Performance
Freightos (CRGO) stock last traded at $1.65, down 4.85% from the previous close. Over the past 12 months, the stock has lost 35.8%. At a market capitalization of $78.5M, CRGO is classified as a micro-cap stock with approximately 51.3M shares outstanding.
Latest News
Freightos has 10 recent news articles, with the latest published today. Of the recent coverage, 3 articles coincided with positive price movement and 6 with negative movement. Key topics include management, earnings. View all CRGO news →
SEC Filings
Freightos has filed 5 recent SEC filings, including 5 Form 3. The most recent filing was submitted on March 18, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all CRGO SEC filings →
Financial Highlights
Freightos generated $23.8M in revenue over the trailing twelve months, and net income was -$22.5M, reflecting a -94.6% net profit margin. The company generated -$12.1M in operating cash flow. With a current ratio of 2.66, the balance sheet reflects a strong liquidity position.
Upcoming Events
Target financial break-even
Breakeven target
Freightos has 2 upcoming scheduled events. The next event, "Target financial break-even", is scheduled for October 1, 2026 (in 191 days). 2 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the CRGO stock price.
Short Interest History
Short interest in Freightos (CRGO) currently stands at 32.2 thousand shares, up 46.5% from the previous reporting period, representing 0.1% of the float. Over the past 12 months, short interest has decreased by 89.8%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Freightos (CRGO) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 83% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 5.9 days.
CRGO Company Profile & Sector Positioning
Freightos (CRGO) operates in the Integrated Freight & Logistics industry within the broader Industrials sector and is listed on the NASDAQ.
Investors comparing CRGO often look at related companies in the same sector, including Proficient Auto Logistics Inc (PAL), SHENGFENG DEV LTD (SFWL), BingEx (FLX), Armlogi Holding Corp. (BTOC), and Radiant Logistic (RLGT). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate CRGO's relative position within its industry.
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.