Freightos beats Q3 forecasts; transactions rise by 27%
The company’s total dollar value of freight sales on its platform, surged 54% year-over-year to $336 million
Digital freight platform, Freightos, reported strong performance indicators for the third quarter of 2025, beating its own forecasts as the logistics industry continues to embrace digital solutions.
The company, which operates a booking and payment platform for international freight, recorded approximately 429,000 transactions in Q3. This marks a 27% increase from the same period last year and lands just above management’s forecast range of 419,000 to 425,000.
Gross booking value (GBV), which Freightos defines as the total dollar value of freight sales on its platform, surged 54% year-over-year to US$336 million, also surpassing company expectations. The results mark Freightos’ 23rd consecutive quarter of record transaction growth.
Freightos highlighted that the strong performance reflects the continued adoption of digital tools to enhance efficiency and resilience in global supply chains.
Most of the gains were driven by the company’s WebCargo platform, which connects freight forwarders and carriers for instant rate comparison and booking. The platform's carrier portal, which allows airlines to manage and price capacity directly online, also posted robust growth.
Freightos reported 77 carriers with more than five bookings were active on the platform in the quarter. While most large airlines already participate, the company said new additions included a mix of major flag carriers, niche cargo operators, and regional general sales agents. Future growth is expected to come from smaller, specialised carriers as they increase their digital capabilities.
On the buyer side, the platform attracted 20,600 unique users, reflecting strong adoption among freight forwarders. However, the company noted that growth in its WebCargo segment was partially offset by a decline among small and midsize customs-clearance customers in North America, citing market uncertainty.
As of October 24 at 12:17 a.m. GMT, the stock price for Freightos on the Nasdaq closed at US$3.40, an increase of 3.66%.
