Freightos

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2024 WebCargo's platform represented carriers with approximately 70% of global cargo capacity, with 55 digitized carriers actively receiving bookings in Q3.
August 2024 Announced the acquisition of Shipsta, an enterprise-grade tender procurement solution used by multinational importers and exporters.
July 2024 In Q3, WebCargo achieved 339.1 thousand transactions, representing a 26% growth compared to Q3 2023.
January 2023 Freightos went public on Nasdaq with ticker symbol CRGO by combining with the SPAC Gesher 1.
2021 Launched the Freightos Air Index (FAX) of air cargo rates.
2021 Became a member of the International Air Cargo Association.
June 2021 Freightos Baltic Index updated its calculation formula for the FBX Global Container Index in mid-2021, modifying how the weighted average of 12 regional tradelane indices is computed.
February 2021 Freightos Baltic Index (FBX) was converted from a weekly to a daily index, becoming the only daily freight rate index.
January 2021 Qatar Airways and TAP Air Portugal Cargo joined the WebCargo platform, further expanding its digital booking capabilities.
January 2021 Announced the acquisition of 7LFreight, an air and trucking rate management software solution with a core customer base in the United States.
June 2020 AirBridgeCargo integrated with WebCargo, adding to the platform's growing network of digital cargo booking airlines.
February 2020 Etihad joined the WebCargo platform, expanding its digital cargo booking services.
2019 Acquired Air Freight Bazaar, an India-based air cargo rate management product.
November 2019 SAS Cargo became another carrier to offer digital booking through WebCargo.
July 2019 IAG Cargo (British Airways and Iberia) integrated with the WebCargo platform, further increasing digital booking options.
April 2019 Air France–KLM joined the WebCargo platform, expanding digital booking capabilities for freight forwarders.
September 2018 Announced a $44.4 million Series C funding round, led by the Singapore Exchange and previous investors like Aleph and More VC.
July 2018 Lufthansa became the first airline to offer direct rates for forwarders on the WebCargo platform, marking the beginning of cargo airlines offering connectivity for air cargo pricing and booking.
April 2018 Launched the Freightos Baltic Exchange Index, a daily containerized index widely used as an indicator of global container prices.
2017 Freightos International Freight Index first launched as a weekly freight index in early 2017.
March 2017 Freightos raised $25 million in Series B funding led by GE Ventures, bringing the company's total funding to $50 million.
2016 Freightos acquired WebCargo, a subsidiary that provides rate management and quoting software for freight forwarders and carriers.
August 2016 Freightos acquired Spanish startup WebCargoNet, which was later marketed as WebCargo by Freightos.
July 26 2016 Freightos launched one of the world's first online marketplaces for international freight, enabling instant comparison, booking, and management of freight services from multiple logistics providers.
March 2013 Freightos commercially launched its SaaS service, officially entering the market.
January 2013 Freightos became a member of the Airforwarders Association.
October 2012 First beta customers of Freightos went live, marking the initial deployment of their service.
January 2012 Freightos was founded by Zvi Schreiber, an entrepreneur who had previously founded and managed startup companies acquired by IBM and GE.

This contents of the box above is based on material from the Wikipedia articles Freightos & Freightos Baltic Index, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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