Ran Shalev, Freightos CFO, says, "We are pleased to meaningfully enhance our offering on favourable deal terms. This acquisition provides us with immediate cross-selling opportunities for incremental growth while further aiding our path to positive Adjusted EBITDA by the end of 2026 without requiring additional capital."
According to a statement from Freightos, supply chain efficiency and agility have become essential post-COVID-19 and amid the Red Sea crisis. The combined Freightos-Shipsta platform will offer a unified digital booking solution for carriers, freight forwarders, and importers/exporters, enhancing the procurement and selling of freight services.
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