Freightos reported a 26% increase in transactions, totaling 339,000 in Q3 2024, surpassing management’s expectations. The company expanded its carrier network from 39 to 55 and saw a 14% year-on-year rise in unique buyer users, reaching about 19,700. The gross booking value (GBV) of transactions hit $217.5 million, a 35% increase from the previous year, exceeding forecasts. CEO Zvi Schreiber emphasized the importance of digital solutions in transforming the freight industry and enhancing customer value. Freightos will announce further details on November 25.

Source: https://www.stattimes.com/logistics/freightos-reports-26-increase-in-transactions-in-q3fy2024-1353494