Business
Freightos Reports Record Transactions for the First Quarter of 2025
Freightos Limited (NASDAQ: CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported preliminary key performance indicators for the first quarter of 2025, demonstrating continued growth across the digital freight network.
About this update from Freightos Limited
Freightos' Strong Momentum Underscores Digital Transformation Resilience Amid Tariff Uncertainties BARCELONA, Spain , April 15, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported preliminary key performance indicators for the first quarter of 2025, demonstrating continued growth across the digital freight network. *Numbers are preliminary and subject to change with the full earnings release Platform Expansion and Network Growth Freightos continued to strengthen its digital freight platform in Q1 2025, posting another quarter of record Transactions and further expanding its global buyer and seller network. "Freightos continued to grow the Platform in the first quarter, further extending our lead in digital freight bookings," said Zvi Schreiber , CEO of Freightos. "While tariffs may affect the growth of world trade, there are still hundreds of billions of dollars of international freight services being booked offline, so a change in trade policies is expected to have only a marginal impact on the vast growth opportunity available for our digital platform. We are proud to be at the forefront of this digital transformation, providing carriers, freight forwarders, and importers/exporters worldwide with the platform, software and data they increasingly rely on to make global trade smoother." Q1 2025 Earnings Call Financial results for the first quarter 2025 will be reported in the second half of May, and an exact date, alongside the webcast and conference call details, will be published in early May. Glossary We have provided below a glossary of certain terms used in this press release: 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 faster, more efficient and more 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 global businesses of all shapes and sizes. Products include the Freightos Marketplace, WebCargo, WebCargo for Airlines, 7LFreight by WebCargo, Shipsta by Freightos, and Clearit. 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. More information is available at freightos.com/investors. Contacts Media: Tali Aronsky [email protected] Investors: Anat Earon-Heilborn [email protected] Logo - https://mma.prnewswire.com/media/2319256/4496202/Freightos_Logo.jpg View original content: https://www.prnewswire.com/news-releases/freightos-reports-record-transactions-for-the-first-quarter-of-2025-302428766.html SOURCE Freightos