Freightos Limited reported preliminary key performance indicators for the second quarter of 2026, exceeding management's expectations with record transaction volumes and Gross Booking Value (GBV). The platform activity demonstrated resilience despite ongoing disruptions in global trade corridors, driven by resumed activity in Middle East routes and sustained elevation in average air freight rates. Freightos plans to report its full financial results for the quarter on August 17, 2026.

Platform Performance Metrics

The operational KPIs for Q2 2026 reflect strong platform utilization and growth. The table below compares the actual performance against management's expectations:

*Numbers are preliminary and subject to change with the full, final earnings release.

Key Growth Drivers

Transactions totaled a record 458,000 in Q2 2026, marking a 15% increase year-over-year. This growth was primarily attributed to resumed activity in Middle East routes, which recovered faster than anticipated despite continued military conflict disrupting major shipping and air corridors. Excluding routes involving the Middle East, transactions grew year-over-year in line with the company's long-term model of 20-30%.

Gross Booking Value (GBV) reached a record $422 million, up 33% from the previous year. This outperformance was driven by both increased transaction volumes and average air freight rates that remained approximately 25% above pre-conflict levels.

Network Expansion

The platform saw 75 active carriers in Q2 2026, receiving more than five transactions each, compared to 79 in Q1 2026 and 75 in Q2 2025. The quarter-on-quarter decrease was partially offset by the addition of new carriers, including Ethiopian Airlines. Unique buyer users increased moderately to approximately 21,000, up from 20,600 in Q1 2026 and a 4% increase from Q2 2025.

"Q2 volumes recovered faster than we expected, with Middle East routes resuming activity even as the broader conflict continues to disrupt global trade corridors," said Pablo Pinillos, CEO and Interim CFO of Freightos. "This resilience reflects the value of a neutral platform that can rapidly reallocate demand across carriers and routes. We continue to focus on scaling solutions adoption and executing toward profitability, and to support our customers during the continued market uncertainty."

Upcoming Earnings Call

Freightos will announce its financial results for the second quarter of 2026 before markets open on August 17, 2026. Management will host a conference call and webcast at 8:30 a.m. EDT on the same day to discuss the results.

Freightos has launched a digital booking channel integration with Korean Air, enabling freight forwarders to access real-time rates, live capacity, and direct eBooking capabilities across key global trade lanes. This partnership aims to drive greater efficiency and resilience across the global supply chain by providing instant access to Korean Air's extensive network. The agreement was signed during the Air Cargo Shanghai 2026 event week.

Korean Air is adopting a multi-channel digital strategy, partnering with Freightos as its exclusive launch partner for third-party platform distribution. This collaboration allows Korean Air to expand its direct visibility into live capacity and real-time pricing for forwarders through a trusted digital network. The integration introduces an additional, streamlined digital channel alongside Korean Air's existing booking infrastructure.

"We are thrilled to welcome Korean Air onto the Freightos network," said Pablo Pinillos, CEO of Freightos. "Providing forwarders with direct, instant access to real-time capacity and eBooking is exactly how we drive greater efficiency and resilience across the global supply chain."

The roll-out addresses primary air cargo gateways across key regional markets, with a focus on major hubs in North America and Europe. Forwarders in these regions can digitally search, quote, and book shipments instantly across Korean Air's fleet of 166 aircraft, including 23 dedicated freighters. Freightos users can access this capacity directly through their dashboards.

"Digitalization is a core component for maintaining a competitive edge in the global air cargo market," said Jae Dong Eum, EVP and head of the cargo business division at Korean Air. "By expanding our digital reach through Freightos, we are not simply establishing digital channels but actively delivering a seamless, high-value digital customer experience to our existing forwarders."

Freight forwarders not yet registered on the platform can secure access by signing up for a free account at webcargo.co. The integration marks a significant milestone for digital freight in Asia, connecting Korean Air's global network directly to forwarders.