Freightos (CRGO) continued its robust expansion in Q3 2025, achieving the 23rd consecutive quarter of record transactions and reinforcing the platform’s value as the industry’s digital transformation platform connecting global trade participants. Transactions: 429K Transactions in Q3 2025 representing a 27% year-over-year growth, exceeding management’s expectations. The WebCargo platform, connecting carriers and freight forwarders, continued to lead transactions growth, with the carrier portal component delivering high growth rate. Carrier and Buyer Growth: In Q3 2025, 77 carriers were active on Freightos’ platforms with more than five bookings. Newly active carriers this quarter included both flag-carrier belly-cargo operators and niche cargo specialists, with some added through regional GSAs, reflecting the platform’s expanding reach across global and local networks. With most major airlines already connected to the platform, new airline additions are increasingly regional or niche airlines, with further expansion expected as smaller carriers advance their digital readiness. Meanwhile, unique buyer users reached 20,600. This reflected growth in WebCargo users partially offset by some reduction in SMB North American custom clearance users due to market uncertainty. Gross Booking Value: Carriers and freight forwarders selling on Freightos’ platform derived $336M of revenue from the platform in Q3 2025, representing a 54% year-over-year increase. The major contributors to GBV growth were WebCargo and the portal, mirroring growth in transactions highlighted by the relatively high GBV per transaction in the portal component.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRGO:
