Freightos tops the magic million
- Latest News
- Thursday, 29 February 2024
Digital booking and payment platform Freightos says it achieved a record 287,000 transactions in the fourth quarter of 2023, an increase of 36 per cent year over year and ended the year with 1,025,000 transactions.
The platform’s revenue was US$20.3 milion for full-year 2023, up six per cent on 2022.
The number of carriers selling on the platform, primarily on WebCargo, had increased to 45 by end 2023 and more airlines have since signed to join WebCargo.
Chief executive Zvi Schreiber said that in its first year as a public company Freightos had “demonstrated remarkable resilience at a time of significant challenges for the freight industry”.
