Freightos Acquires Shipsta to Transform Digital Freight Procurement Solutions

Monday, 19 August 2024, 16:13

Freightos acquires Shipsta to enhance digital freight procurement. This strategic move aims for a positive Adjusted EBITDA by 2026. With this acquisition, Freightos boosts its capabilities to address the growing demands of the logistics sector, showcasing an innovative approach to supply chain management.
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Freightos Acquires Shipsta to Transform Digital Freight Procurement Solutions

Freightos' Strategic Acquisition

Freightos has announced its acquisition of Shipsta, a significant player in the logistics industry. This acquisition represents an important step in enhancing Freightos' digital freight procurement solutions.

Impact on the Market

This acquisition positions Freightos to meet the increasing demands of its clients efficiently. With expectations of reaching a positive Adjusted EBITDA by 2026, this move signals confidence in overcoming traditional logistics challenges.

  • Enhanced efficiencies in logistics
  • Wider reach in digital freight solutions
  • Increased competitiveness in the market

Future Prospects

As Freightos integrates Shipsta's technologies, the company anticipates driving innovation and improving overall supply chain effectiveness. This merger represents a forward-thinking approach to developing more responsive freight solutions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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