Freightos

Freightos Earnings Show Digital Transformation Driving Traditional Industries
Freightos Earnings Show Digital Transformation Driving Traditional Industries
February 26, 2024  |  Supply Chain

Can even the most traditional industries adapt to digital transformations? For the international freight industry, the answer appears to be yes. Shippers and carriers have...

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Freightos Expands Reach With Virgin Atlantic Cargo Partnership
Freightos Expands Reach With Virgin Atlantic Cargo Partnership
February 05, 2024  |  Supply Chain

Freight industry booking platform Freightos has launched a partnership with Virgin Atlantic Cargo. The collaboration, announced Monday (Feb. 5), combines Virgin’s “extensive” network with the digital reach of...

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Freightos Says Digital Platform Adoption Drove 36% Transaction Growth
Freightos Says Digital Platform Adoption Drove 36% Transaction Growth
January 16, 2024  |  Earnings

Freightos, a vendor-neutral booking and payment platform for the international freight industry, reported record transactions for the fourth quarter of 2023. The company recorded 286,900...

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Container Shipping Rates Drop 90% Since Early 2022
Container Shipping Rates Drop 90% Since Early 2022
October 09, 2023  |  Shipping

Container shipping rates have reportedly experienced a significant decline due to a decrease in consumer demand for goods, particularly in the ocean freight industry. This...

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Global Trade Sector Taps AI to Smooth Supply Chain Issues
Global Trade Sector Taps AI to Smooth Supply Chain Issues
September 03, 2023  |  Supply Chain

The global trade sector may have an answer to supply chain hiccups: AI. As Bloomberg News reported Sunday (Sept. 3), generative artificial intelligence (AI) and...

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Amazon and Freightos Prove Scale Critical in Race to Build Logistics-as-a-Service
Amazon and Freightos Prove Scale Critical in Race to Build Logistics-as-a-Service
July 11, 2023  |  Connected Economy

In the bid to transform logistics, to streamline the interplay that takes place to get goods from point A to point B, scale’s a key...

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Freightos Reduces Headcount by 13% in Operational Efficiency Plan
Freightos Reduces Headcount by 13% in Operational Efficiency Plan
July 11, 2023  |  Shipping

Freightos is reducing its headcount by 13%, or about 50 employees, as part of its plan to cut costs and boost efficiency. This operational efficiency plan...

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Modernizing Legacy Industries Starts With Trust and Ends With Payments
Modernizing Legacy Industries Starts With Trust and Ends With Payments
April 25, 2023  |  Shipping

Lasting business relationships are centered on trust, but often boil down to payments. Within this environment, the right digital innovations, like the right B2B partnerships,...

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Freightos’ Choppy Outlook Signals Logistics Industry Has ‘Changed Beyond Recognition’
Freightos’ Choppy Outlook Signals Logistics Industry Has ‘Changed Beyond Recognition’
March 14, 2023  |  Shipping

Freightos noted in its most recent earnings report — it’s first as a publicly traded entity — that shipping demand is a lot different than...

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