The company’s gross booking value reached $422 million for the quarter, marking a 33% increase over the previous year and outperforming management’s initial projections of $388 million to $393 million. Pablo Pinillos, CEO and interim CFO, attributed this resilience to the platform’s neutral architecture, which allows for the rapid reallocation of demand across diverse carriers and trade routes even while global corridors face significant disruption.
In section Releases
Freightos Q2 Performance Surpasses Targets as Middle East Routes Recover
Freightos exceeded its second-quarter targets for 2026, processing a record 458,000 transactions. Despite ongoing geopolitical instability, the platform saw a 15% year-over-year increase in activity, driven largely by a faster-than-expected recovery in transit volumes across Middle East shipping corridors and sustained elevation in global air freight rates.
While transaction volumes surged, the number of active carriers remained stable at 75, consistent with figures from the same period last year. Meanwhile, the user base expanded steadily, with the number of unique buyer users climbing to approximately 21,000. These preliminary figures, which exclude the company’s broader software solutions progress, will be finalized in the official earnings release scheduled for August 17, 2026.
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