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6-K 1 tm2529261d1_6k.htm FORM 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2025

 

Commission File Number: 001-41604

 

Freightos Limited

(Translation of registrant's name into English)

 

Planta 10, Avda. Diagonal, 211

Barcelona, Spain 08018

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

x Form 20-F ¨ Form 40-F On October 19, 2025, the Board of Directors (the “Board”) of Freightos Limited (the “Company”) appointed a new director, Michael Schaecher, to the Board, effective immediately.

 

 

 

 


 

CONTENTS

 

Appointment of New Board Member

 

Mr. Schaecher will serve as a Class II Director, who will be subject to election at the upcoming 2025 annual general meeting of the Company. The Board has determined that Mr. Schaecher is an independent director under the Listing Rules of the Nasdaq Stock Market. There are no arrangements or understandings between Mr. Schaecher and any other persons pursuant to which he was appointed as a director. It is expected that he will receive the compensation paid to the Company’s other non-employee directors.

 

Mr. Schaecher’s biographical information appears below:

 

Michael Schaecher has been the CEO and owner of mSc Avia Consulting GmbH in Wiesbaden, Hesse, Germany since February 2013. From July 2021 through July 2023, Mr. Schaecher served as the Advisory Board Chair at LogisEye Solutions, a Dubai-based company offering a cloud-based digital logistics procurement ecosystem. Prior to that time, from September 2019 through July 2021, he served as Chairman of the Supervisory Board at Fliit, a German company seeking to make food logistics easy and efficient for shippers and carriers. From May 2018 through May 2019, Mr. Schaecher served as Chief Executive Officer at ISS Global Forwarding, a Dubai-based provider of logistics services internationally, across industries. Prior to that time, from March 2014 through May 2016, he served as Chief Operating Officer- Freight Management Global at CEVA Logistics, a Swiss provider of supply chain solutions for large and medium-size national and multinational companies across the globe. Mr. Schaecher completed the Orchestrated Winning Performance- Leadership Program at the International Institute for Management Development in Switzerland in 1998, an educational program in Finance for Non-Financial Managers at Columbia University in New York in 2002, and a program covering Logistics, Materials and Supply Chain Management at Cranfield University in the United Kingdom in 2003.

 

On October 22, 2025, the Company issued a press release announcing Mr. Schaecher’s appointment to the Board. A copy of that press release serves as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K (this “Form 6-K”).

 

Exhibits

 

Exhibit 99.1 Press release, dated October 22, 2025, entitled “Freightos Appoints Logistics Veteran Michael Schaecher to Board of Directors” 

 

Incorporation by Reference

 

The information in this Form 6-K (but excluding Exhibit 99.1 hereto) is hereby incorporated by reference into the Company’s registration statements on Form S-8 (File No. 333-270303) and Form F-3 (File No. 333-280302), to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

 

 


 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  FREIGHTOS LIMITED
Date: October 22, 2025  
  /s/ Michael Oberlander
  Name: Michael Oberlander
  Title: General Counsel

 

 

 

 

EX-99.1 2 tm2529261d1_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

 

 

Freightos Appoints Logistics Veteran Michael Schaecher to Board of Directors

 

Global Freight and Logistics Expert Brings Over 30 Years of Industry Leadership Experience

 

(Barcelona, SPAIN – October 22, 2025) – Freightos Limited (NASDAQ: CRGO), the leading vendor-neutral global freight booking and payment platform, today announced the appointment of Michael Schaecher to its Board of Directors, effective October 19, 2025. This strategic addition further expands the Board’s depth of expertise in air and ocean freight forwarding.

 

Schaecher brings over 30 years of leadership experience across the logistics, aviation, and logistics technology sectors, with experience at several industry-leading organizations, including DHL Global Forwarding, CEVA Logistics and Panalpina. His appointment strengthens Freightos’ position as it continues to expand its digital solutions. Schaecher is currently CEO and Founder of mSc Avia Consulting GmbH, where he advises supply chain participants on digital transformation, strategic sourcing enhancement, and operational excellence.

 

“Michael’s experience in freight forwarding and logistics technology aligns with our mission to digitize international shipping,” said Zvi Schreiber, CEO of Freightos. “His expertise and vision will help us shape the future of freight for the industry at large and for our thousands of freight forwarder customers, carriers, and enterprise shippers that use our air and ocean pricing and booking solutions.”

 

“Freightos stands at an exciting inflection point of connectivity between carriers, forwarders and shippers,” said Michael Schaecher. “I look forward to working with the board and leadership team to advance its vision, scale innovation, and deliver lasting value to customers, partners, and shareholders.”

 

Udo Lange, Chairman of the Board of Freightos, commented, “Michael’s deep understanding of the freight industry and experience in driving technological innovation make him an outstanding addition to our Board of Directors, reinforcing our commitment to tap the best minds in logistics and technology to transform international freight.”

 

The appointment comes as Freightos continues to strengthen its position in the digital freight space, recently announcing an annualized run rate of over 1.6 million platform transactions.

 

 


 

About Freightos

 

Freightos® (Nasdaq: CRGO) is the leading vendor-neutral global freight booking and payment platform. Airlines, ocean carriers, thousands of freight forwarders, and well over ten thousand importers and exporters connect on Freightos, making world trade efficient, agile, and resilient.

 

The Freightos platform digitizes the trillion dollar international freight industry, supported by a suite of software solutions that span pricing, quoting, booking, shipment management, and payments for businesses of all shapes and sizes around the globe. Products include Freightos Enterprise for multinational importers and exporters, Freightos Marketplace for small importers and exporters, WebCargo and 7LFreight by WebCargo for freight forwarders, WebCargo for Airlines, and Clearit, a digital customs broker.

 

Freightos is a leading provider of real-time industry data via Freightos Terminal, which includes the world’s leading spot pricing indexes, Freightos Air Index (FAX) for air cargo and Freightos Baltic Index (FBX) for container shipping. Futures of FBX are traded on CME and SGX.

More information is available at freightos.com/investors.

 

Media Contact

Tali Aronsky

PR Lead, Freightos

tali.aronsky@freightos.com

+972-55-666-4371

 

Investor Contact

Anat Earon-Heilborn

ir@freightos.com