$CRGO

Freightos reports rising fuel costs and geopolitical tensions affecting ocean freight rates. Transpacific rates are near 2024 peak levels, while Asia-Europe rates have declined slightly. Mediterranean rates have dropped more sharply, aligning with North Europe prices. Air cargo rates have increased due to recent disruptions. According to Freightos, these factors are likely setting an elevated floor for container rates.

Freightos (CRGO) reported Q2 2026 revenues of $7.7M, beating expectations, with Platform revenue up 19% and Solutions revenue down 4%. Adjusted EBITDA loss improved to $2M. The company expects breakeven by Q4 2026 and cash generation by mid-2027. Yaron Eldad was appointed CFO. The company added Korean Air to its network and discussed execution gaps in Solutions revenue.

Freightos (CRGO) reported record Q2 revenue of $7.7M, processing 1.8M transactions and $1.5B in gross booking value. The company targets Q4 2026 EBITDA breakeven and cash generation by mid-2027. It added Korean Air and is expanding into ocean freight and procurement workflows. Freightos raised its full-year outlook and expects to exit 2026 at a breakeven run rate.

Freightos (CRGO) shares rose about 11.5% after the freight booking and payments platform reported Q2 revenue of $7.7M versus LSEG-estimated $7.3M. The company posted a narrower loss of 3 cents per share. It reported record gross booking value of $422M (+33% YoY) and trimmed its full-year revenue outlook to $30.4M-$31.0M.

Freightos Ltd (CRGO) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 Freightos Reports Second Quarter 2026 Results ● Record Revenue of $7.7 Million Exceeded Management Expectations ● Well-Capitalized with $21M in Cash to Support Breakeven and Growth August 17, 2026 - Barcelona /PRNewswire/ - Freightos Limited (NASDAQ: CRGO), the leadi

Freightos Limited (CRGO) reported Q2 2026 loss of $1.6M, narrower than $4.2M a year earlier, helped by a $1.8M fair-value gain on warrants. Non-IFRS loss was $1.9M ($0.04/share). Revenue rose to $7.7M from $7.4M. Q3 revenue guidance is $7.7M-$7.8M and FY26 $30.4M-$31.0M. Shares were up 12.61% pre-market at $1.52.

Freightos (NASDAQ: CRGO) said it integrated its Freightos for Forwarders air cargo quoting, pricing, and booking into FreightSuite’s AI-native TMS. The deal embeds Freightos’ airline network of 75+ airlines for real-time eBookings, live capacity, and dynamic pricing. Freightos and FreightSuite cite quote turnaround improvements to under two minutes and automation benefits for forwarders.

Alventosa Abril Enric (Chief Technology Officer) sold 2,904 shares of Freightos Ltd (CRGO) at $2.05 on 2026-05-28.

Freightos reported Q1 revenue of $7.2 million, up 3% year over year, with non-IFRS gross margin of 73.5% and adjusted EBITDA loss of $2.8 million, management said was in line with expectations. Cash was $23.5 million. The company began a cost optimization plan in late March targeting ~$4.5 million annualized savings from Q4 2026 and adjusted EBITDA breakeven by end-2026, and updated its outlook for softer transaction growth.

Freightos (NASDAQ: CRGO) announced a leadership change with Pablo Pinillos promoted to CEO, alongside reporting Q1 transaction numbers that missed expectations due to geopolitical disruptions in the Middle East. To drive profitability, the company is implementing a cost optimization program, including a 15% workforce reduction, targeting $4.5 million in annualized savings to achieve adjusted EBITDA breakeven by late 2026. This strategy emphasizes a solutions-led approach and more selective investment in initiatives with clear customer value and monetization.