Freightos (CRGO) Emerging Growth Virtual Conference summary

Conference overview

• The event was the 90th Emerging Growth Conference, featuring presentations and Q&A with company executives.

• Freightos executives discussed their digital freight platform, market position, and growth strategy.

• The session included insights on industry trends, competitive landscape, and financial outlook.

Industry context and digital transformation

• Global freight is a $600 billion industry, with over 90% of bookings still handled offline, creating inefficiencies.

• Digitalization is accelerating due to increased volatility, shifting shipper expectations, and improved carrier infrastructure.

• Real-time pricing, data benchmarking, and automated procurement are now essential for forwarders and shippers.

• The shift to digital is seen as an inevitable evolution, not just a trend.

Platform strategy and growth

• The platform connects carriers, forwarders, and shippers, embedding SaaS tools into daily workflows for procurement, quoting, and execution.

• Adoption is driven by workflow integration, with record transaction growth and high utilization among existing users.

• Expansion is underway from air to ocean and contract markets, with bookings in ocean expected to become meaningful by 2027-2028.

• The platform is modular, API-driven, and AI-enabled, increasing customer retention and lowering acquisition costs.