Ethiopian Cargo Joins Freightos Platform for Enhanced Digital Services
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 11 2026
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Should l Buy CRGO?
Source: PRnewswire
- Digital Service Integration: Ethiopian Cargo will join the Freightos platform at the end of the month, offering digital quoting, eBooking, and fast payment features, which are expected to enhance freight forwarders' service efficiency and responsiveness, thereby strengthening its competitive position in the African market.
- Market Coverage Expansion: Ethiopian Cargo operates a network covering 145 destinations, utilizing dedicated freighters and passenger belly capacity, which is anticipated to provide freight forwarders with faster shipping options and further strengthen connections between Africa and global markets.
- Addressing Market Volatility: The CFO of Freightos noted that global trade has become more volatile, and Ethiopian Cargo's integration will provide freight forwarders with more flexible tools to navigate shifting capacity, routes, and costs, resulting in reduced operational friction.
- Deepening Strategic Partnership: The digital transformation of Ethiopian Cargo, in collaboration with Freightos, is set to enhance its position in global supply chains, likely attracting more freight forwarders to utilize its services and further solidifying its status as Africa's leading cargo carrier.
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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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