Freightos Reports Record Transactions and Key Performance Indicators for Q2 2025
Freightos Reports Record Transactions and Key Performance Indicators for Q2 2025
Freightos Limited, listed on NASDAQ as CRGO, has once again demonstrated its leading position in the international freight industry by reporting unprecedented key performance indicators (KPIs) for the second quarter of 2025. With a steadfast commitment to enhancing digital freight booking and payment processes, the company highlighted its essential role in navigating the complexities of today’s global trade.
Q2 Performance Overview
During the second quarter of 2025, Freightos achieved a remarkable 397,000 transactions, marking a 26% year-over-year growth. This exceeded management's expectations, which ranged between 380,000 and 385,000 transactions. The company's ability to adapt and cater to the unpredictable marketplace underscores the platform's critical nature in facilitating international trade during tumultuous times.
Additionally, the gross booking value (GBV) reflected significant improvements, reaching $317 million, which is a 56% increase compared to the previous year. This surge in GBV significantly surpassed management's expectations of between $278 million and $285 million, primarily driven by the spike in transaction volumes and contributions from various service components.
Expansion of Network and Carrier Relationships
Freightos also continued to broaden its network, successfully adding 75 carriers, including notable airlines such as China Airlines and Air Europa. This strategic expansion not only diversifies the services available on its platform but strengthens relationships with a growing number of buyers. The user base accelerated growth as well, with unique buyer users rising by 6% year-over-year to 20,200.
CEO Zvi Schreiber expressed confidence in the platform's mission, stating, “Freightos provides vital liquidity and flexibility to the global freight logistics sector amid ongoing trade challenges. Our platform delivers critical solutions that empower carriers, freight forwarders, and importers/exporters to swiftly adapt to market volatility.”
This confidence is further supported by the ongoing enhancements within Freightos' network and service offerings, allowing trade to maintain agility even in uncertain circumstances.
Upcoming Financial Updates
Freightos plans to disclose comprehensive financial results for the second quarter of 2025 before market openings on August 18, 2025. The company will also host a conference call and webcast at 8:30 a.m. EDT that morning to discuss these results.
Potential attendees can access the webcast through Freightos’ investor relations page. Furthermore, an option to submit questions in advance via email or Zoom will be available, ensuring transparency and engagement with stakeholders.
About Freightos
Freightos stands as a pioneering vendor-neutral global freight booking platform, facilitating connections between countless carriers, freight forwarders, and traders around the world. The platform simplifies operations across the trillion-dollar freight industry through a suite of software solutions including pricing, booking, shipment management, and payment functionalities. By digitizing the complex logistics process, Freightos aims to enhance the resilience, efficiency, and agility of international trade.
As the global marketplace continues to navigate post-pandemic challenges, Freightos emerges as a beacon of innovation and adaptability, offering robust solutions for the modern logistics landscape.