Freightos

Freightos Ltd
Freightos
Company typePublic
Nasdaq:CRGO
IndustryLogistics
FoundedJanuary 1, 2012
FounderZvi Schreiber, CEO
Headquarters,
Spain
Number of locations
Barcelona, Jerusalem, Ramallah
ProductsSoftware-as-a-service: WebCargo Air, WebCargo AcceleRate
ServicesDigital booking and payments platforms: WebCargo, freightos.com
Revenue$21 million
Number of employees
350
Websitewww.freightos.com
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Freightos operates a booking and payments platform for international freight,[1] using a SaaS-Enabled Marketplace model.[2] It also provides rate management and quoting software for freight forwarders and carriers through WebCargo, a subsidiary acquired in 2016[3][4]

The freightos.com online freight marketplace, which as first piloted in July 2016, enables online instant freight quoting and booking, as well as shipment management.[5] The platform is also used by partners, like Alibaba.com.[6]

The company went public on Nasdaq with ticker symbol CRGO January 2023 by combining with the SPAC Gesher 1.[7][8] The company is registered in Cayman Islands and its largest office is Barcelona.

  1. ^ Magee, Christine (9 September 2015). "With A Fresh $14M, Freightos Wants To Power The Global Freight Industry". TechCrunch. Retrieved 2016-08-01.
  2. ^ "How SaaS is bringing B2B marketplaces back". VentureBeat. 16 April 2016. Retrieved 2016-08-01.
  3. ^ "Qatar Airways to offer capacity through WebCargo digital platform". FreightWaves. 2021-01-20. Retrieved 2021-03-24.
  4. ^ "Hellmann completes Freightos AcceleRate rollout - Asia Cargo News". www.asiacargonews.com. Retrieved 2016-08-01.
  5. ^ "Freightos aims to make shipping easier, cheaper". The Times of Israel. Retrieved 2016-08-01.
  6. ^ "Alibaba adds financing tools and online trade shows for US merchants". TechCrunch. 2 June 2020. Retrieved 2021-03-24.
  7. ^ Leach, Kamaron (2022-05-31). "FedEx-Backed Freightos to Go Public in Merger With Gesher SPAC". Bloomberg.
  8. ^ Berger, Paul (26 January 2023). "Shipping Platform Freightos Goes Public in SPAC Deal". Wall Street Journal. Retrieved 2023-03-20.