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Freightos Ltd

freightos.com

What Do They Do?

Provides software and data for freight pricing, quoting, booking and procurement, and connects shippers, freight forwarders and carriers to book air and ocean shipments.

Who Are Their Customers?

Freight forwarders, enterprise and smaller shippers, and carriers use Freightos’s booking platform and software. It sells directly to multinational forwarders, enterprise shippers and carriers; smaller forwarders can start through the booking portal, while smaller shippers are reached through marketing.

Do Revenues Turn Into Profits?

No. It lost $17.5M in .

Operating income,
26% of revenue
▲ +48% vs ($5.2M, 22%)
Net income,
−59% of revenue
▼ −22% (Loss) vs (−$22.5M, −95%)

How Are They Changing?

More workflow software The earlier report described software tools for automating pricing, sales and procurement. The latest report also describes a broader suite for freight rate management, quoting and booking, as well as procurement and market intelligence.

Who Do They Compete With?

Competes with Cargo.one, Cargo.Ai, WiseTech, CargoBooking.aero, Portrix, Catapult, CargoSphere, Freightify, Descartes, Magaya, Air Cargo, Freightender, Tendereasy, Transporeon, Keelvar, Xeneta, Platts, NYSHEX, Drewery, and TAC

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