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BARCELONA - Nippon Express (NX Group), one of the world’s top five freight forwarders, has selected Freightos Limited’s (NASDAQ:CRGO) multimodal freight pricing and booking platform to power its operations across its global network, according to a press release issued Wednesday. According to InvestingPro data, Freightos has shown impressive growth with revenue increasing 27% year-over-year, while maintaining strong gross profit margins of nearly 67%.
The implementation will span hundreds of Nippon Express offices across 57 countries, building upon the company’s existing use of WebCargo by Freightos for air bookings. The expanded partnership will now include ocean freight capabilities through Freightos’ Software-as-a-Service (SaaS) solution.
The deployment includes API integrations with Nippon Express’ internal systems and access to Freightos Terminal, a freight market intelligence tool providing data insights for air and ocean shipping.
"This strategic digital expansion represents a fundamental shift in how we manage freight across transport modes," said Ionut Mares, Global Head of Air and Ocean Freight at Nippon Express, in the statement.
Freightos’ platform currently handles over 1.5 million bookings annually, according to the company. The implementation aims to provide Nippon Express with capabilities to deliver faster price quotes for both air and ocean customers.
Zvi Schreiber, CEO at Freightos, noted that the logistics industry requires multimodal digital capabilities that span the entire freight journey.
Nippon Express, established in Japan in 1937, employs approximately 78,000 professionals globally. Its parent company, Nippon Express Holdings, is listed on the Tokyo Stock Exchange’s Prime Market.
In other recent news, Freightos Ltd reported a 31% increase in revenue for the second quarter of 2025, totaling $7.4 million. This growth reflects significant gains in both platform and solutions revenue. However, the company recorded an adjusted EBITDA loss of $2.5 million, which is an improvement from the previous year’s loss of $3.1 million. In another development, Garuda Indonesia Cargo has partnered with Freightos to offer real-time eBooking capabilities through the WebCargo platform. This collaboration allows freight forwarders worldwide to access key trade lanes connecting Indonesia with major global hubs such as Singapore, Tokyo, Jeddah, Shanghai, and Sydney. These recent developments highlight Freightos’s expanding role in the logistics and cargo industry.
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