Freightos announced the launch of WebCargo Rate & Quote Ocean on November 5 2025, extending its digital pricing, quoting, and booking platform from air to ocean freight and enabling forwarders to manage all modes on a single interface.
The new tool integrates with major ocean carriers such as Maersk, MSC, and CMA CGM, as well as LCL consolidators like Flexport and Hapag‑Lloyd. Early adopters report quote times that are 75 % faster than their previous processes, a gain that translates into higher productivity and lower operational costs for forwarders.
Freightos processes an annualized run rate of more than 1.6 million transactions. In Q2 2025 the company generated $7.4 million in revenue, up 31 % year‑over‑year, while reporting an Adjusted EBITDA loss of $2.9 million. Preliminary Q3 2025 KPIs show 429,000 transactions—up 27 % YoY—and a gross booking value of $336 million, up 54 % YoY, driven by strong demand in core freight segments and the network effects of the platform.
The global ocean‑freight market is estimated at roughly $1.5 trillion in revenue. By adding ocean to its platform, Freightos broadens its addressable market and positions itself to capture a larger share of this volume, leveraging its vendor‑neutral technology and unified workflow.
Freightos competes with a range of digital freight solutions, including Descartes MacroPoint, Truckstop Load Board, Magaya, GoComet, Freightview, FreightPOP, and Fresa Gold. Its differentiation lies in the seamless integration of air and ocean services, the depth of carrier partnerships, and the network effects that reward both forwarders and shippers for using the platform.
The launch supports Freightos’ long‑term goal of breakeven Adjusted EBITDA by the end of 2026. CEO Zvi Schreiber highlighted the “powerful network effects” of the platform, while CFO Pablo Pinillos noted that currency fluctuations have a limited impact on cash reserves, underscoring the company’s focus on operational efficiency and strategic investment in high‑return verticals.
Freightos’ expansion into ocean freight strengthens its competitive moat, deepens its network effects, and accelerates transaction growth, positioning the company to capture a larger share of the global freight booking market.
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