$CRGO

Container freight rates rose on Asia-Europe and trans-Pacific routes last week due to congestion and canceled sailings, despite cooling demand. Freightos (CRGO) reported carriers' return to the Red Sea, while a potential strike at Los Angeles-Long Beach adds uncertainty. Asia-North Europe rates increased 3% to $3,551 per FEU, and trans-Pacific rates also rose. U.S. trade policy deadlines and potential tariff changes add further uncertainty for importers.

Freightos (CRGO) integrated with mas, a cargo airline, to enable digital booking and payment for Latin America routes. The partnership aims to streamline cargo capacity booking and payment processes, benefiting freight forwarders in the U.S. and Mexico.

Freightos reported preliminary Q3 2026 records: 494,000 transactions (+15% YoY) and $437M GBV (+30% YoY), exceeding expectations. The company attributes growth to software adoption and network expansion. Full earnings will be released November 23, 2026.

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.