Thailand Freighter Pattaya Airways Joins WebCargo by Freightos Platform, Expanding Digital Air Cargo Access in Southeast Asia
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 19 2025
0mins
Should l Buy CRGO?
Source: PRnewswire
Partnership Announcement: Freightos has integrated Thai freighter operator Pattaya Airways into its WebCargo platform, allowing freight forwarders to digitally book and pay for cargo capacity across Southeast Asia.
Regional Connectivity: The initial route available for booking is between Bangkok and Ho Chi Minh City, with plans to expand to other ASEAN countries including Thailand, Myanmar, Cambodia, Vietnam, and Laos.
Enhanced Digital Access: The collaboration aims to improve booking capabilities, transparency, and regional connectivity, catering to the needs of freight forwarders who seek quick and efficient service.
Freightos Overview: Freightos is a leading global freight booking platform that digitizes the international freight industry, offering various software solutions for pricing, booking, shipment management, and payments.
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About CRGO
Freightos Limited provides a vendor-neutral booking and payment platform. The Company connects thousands of carriers, freight forwarders, and importers and exporters around the world for air, ocean and trucking freight pricing, booking and shipment management. Its products include the Freightos Marketplace, WebCargo, WebCargo for Airlines, Shipsta by Freightos, 7LFreight by WebCargo, and Clearit. It provides a range of solutions, including WebCargo’s booking platform, tools and data solutions for carriers and forwarders, Freightos.com’s digital freight booking and management platform for importers and exporters, its data solutions or Clearit, its digital customs broker. It also operates Freightos Terminal, a freight market intelligence solution that offers data on real-time pricing, transit times, the Freightos Air Index (FAX) and Freightos Baltic Index, and a news feed. It has over 1,800 freight forwarders across 90 countries that use WebCargo by Freightos for eBookings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Increased Gross Booking Value: The gross booking value (GBV) for the quarter reached $357 million, also up 27% year-over-year, indicating Freightos's leadership in the digital freight industry and the effectiveness of its business expansion, likely attracting more airlines and freight buyers.
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Enhanced Access and Efficiency: This partnership provides instant digital access to nine key routes in Kenya and Tanzania, improving visibility and reducing manual coordination for freight forwarders.
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See More
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- Gross Booking Value Surge: The gross booking value for the quarter reached $357 million, also up 27%, reflecting not only the healthy growth of the company's business but also its success in digital transformation.
- Impressive Annual Performance: For the full year 2025, Freightos achieved 1.64 million transactions, a 26% increase, with gross booking value hitting $1.29 billion, up 44%, showcasing the company's ongoing expansion and market share growth.
- Upcoming Financial Report: The company plans to release its full Q4 and 2025 financial results on February 23, 2026, with market consensus estimating 2025 revenue at $29.52 million, further validating its growth potential.
See More
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- Increased Gross Booking Value: The gross booking value (GBV) for the quarter reached $357 million, also up 27% year-over-year, indicating Freightos's leadership in the digital freight industry and the effectiveness of its business expansion, likely attracting more airlines and freight buyers.
- Platform Expansion Strategy: Freightos recorded its 24th consecutive quarter of record transactions, with CFO and Interim CEO Pablo Pinillos stating that the company's strategy focuses on expanding partnerships with regional and specialist carriers to increase transaction density, thereby enhancing the platform's competitiveness.
- Earnings Release Schedule: Freightos plans to report its Q4 2025 and full-year financial results before the market opens on February 23, 2026, and will host a webcast and conference call to further discuss performance and future outlook.
See More
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- Gross Booking Value Surge: The total Gross Booking Value (GBV) reached $357 million for Q4 and $1.29 billion for the full year, with year-over-year growth of 27% and 44% respectively, highlighting significant contributions from the WebCargo platform and reinforcing Freightos' leadership in the international freight market.
- Stable Active Carrier Network: Freightos maintained a record of 77 active carriers in Q4 2025, indicating resilient engagement with integrated carriers, while new additions like Euroairlines and Jambojet are in the integration process, which is expected to further enhance network expansion.
- Future Outlook: Freightos plans to release its full earnings report on February 23, 2026, with management hosting a webcast to discuss results, underscoring the company's strategic focus on expanding market coverage and increasing transaction density.
See More
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- Transition Arrangements: To ensure a smooth transition, the board has appointed CFO Pablo Pinillos as Interim CEO and initiated a comprehensive executive search to identify a new leader who can guide the company's future evolution.
- Business Growth Momentum: Freightos has recently secured enterprise agreements with multiple top ten global freight forwarders, achieving an annualized run rate of 1.7 million bookings and handling over a billion dollars in annual Gross Booking Value, indicating strong growth potential in the global freight market.
- Strategic Focus: The new CEO will concentrate on enhancing customer satisfaction and operational efficiency, with the board emphasizing the need to unlock the full potential of the platform to capture significant long-term profitable growth opportunities.
See More
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- Efficiency Improvement: The integration allows freight forwarders to compare live rates, book shipments instantly, and manage air cargo digitally. This significantly enhances visibility, reduces manual coordination, and ensures faster, more reliable service, supporting regional trade and supply chains.
- Market Potential: The addition of Jambojet Cargo expands WebCargo's reach in Africa's dynamic logistics market, helping Freightos achieve smoother and more efficient global trade. Freightos processes over 1.6 million transactions annually, showcasing its strong influence in the international freight industry.
- Future Outlook: Jambojet plans to offer interlining agreements in the future, further enhancing connectivity within its network. This initiative will provide stronger support for links between African markets and the global market, driving regional economic growth.
See More
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Freightos and Jambojet Cargo Partnership: Freightos has integrated Jambojet Cargo into its WebCargo platform, allowing freight forwarders to digitally book cargo capacity across Jambojet's network in East Africa.
Enhanced Access and Efficiency: This partnership provides instant digital access to nine key routes in Kenya and Tanzania, improving visibility and reducing manual coordination for freight forwarders.
Support for Regional Trade: Jambojet Cargo will facilitate the transport of various goods, including fresh produce and pharmaceuticals, thereby supporting regional trade and supply chains.
Future Developments: Jambojet plans to expand its offerings on the WebCargo platform to include interlining agreements, further enhancing connectivity between African markets and the global trade network.
See More
