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Freightos was founded in 2012 by Zvi Schreiber. The company is headquartered in Jerusalem and operates a digital booking and payment platform for international freight. In January 2023, Freightos became a publicly traded company on the NASDAQ under the ticker CRGO, following a SPAC merger with Gesher Acquisition Corp.

The company digitizes the procurement and management of international shipping, shifting a traditionally manual, offline process into a digital marketplace. The primary product lines include Freightos.com, a marketplace for importers and exporters to compare and book cargo; WebCargo, a software platform used by freight forwarders to book capacity directly with airlines and ocean carriers; and Freightos Data, which maintains the Freightos Baltic Index (FBX), a widely cited daily index of global container freight rates.

Freightos operates in the logistics technology space. Contrasting with digital freight forwarders like Flexport, Freightos acts strictly as a neutral booking platform and marketplace rather than a forwarder itself. On the data and benchmarking side, it competes with rate benchmarking platforms like Xeneta. The WebCargo platform is utilized by major global airlines and shipping operators, including Qatar Airways Cargo and LATAM, for digital capacity distribution.

The company's primary headquarters and Israeli R&D center are located in the Malha Technology Park in Jerusalem. Freightos is historically notable for its cross-border organizational structure, maintaining significant engineering and operations teams in Ramallah alongside its Jerusalem staff, as well as operating a major R&D hub in Barcelona. Hiring in Israel typically focuses on backend engineering, data science, and product management roles.

Freightos

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