{
  "id": 1508773,
  "title": "Freightos Shows the AI Freight Payoff Starts With Transactions",
  "url": "https://urgent.news/2026/08/17/freightos-shows-the-ai-freight-payoff-starts-with-transactions",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-17T15:14:22.000Z",
  "source": {
    "name": "PYMNTS",
    "slug": "pymnts",
    "url": "https://www.pymnts.com/earnings/2026/freightos-shows-the-ai-freight-payoff-starts-with-transactions/"
  },
  "original_language": "en",
  "account": "Freightos reported solid second-quarter 2026 results, marking progress in the digital freight landscape. Transactions on its platform surged 15% to 458,000, while gross booking value climbed 33% to $422 million. Platform revenue grew 19% to $2.9 million. CEO Pablo Pinillos stated Freightos is strengthening its role as the infrastructure layer for global freight, unifying its offerings for easier adoption. CEO and CFO Pablo Pinillos attributed this growth to a recovering Middle East market, with airfreight rates 25% above pre-conflict levels. However, Freightos' SaaS revenue declined 4% to $4.8 million, with weaker-than-expected SaaS performance. Despite modest headline revenue growth, the company anticipates breakeven by mid-2027. Freightos' platform growth suggests digital freight procurement is deepening, as AI can leverage digitally accessible freight prices to conduct more price discovery than human buyers.",
  "summary": "Global freight is becoming more digital, and it’s happening just in time for artificial intelligence. That, at least, was the backdrop for Freightos’ second-quarter 2026 results, released Monday (Aug. 17). Transactions on the company’s digital freight marketplace reached 458,000, up 15%, while gross booking value, or the value of freight services transacted through the platform, […] The post…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}