[The freight‑tech world is buzzing as Freightos’ own co‑founder, Zvi Schreiber, is demanding a board overhaul. Shares are down 23% since the start of the year, and the founder blames leadership for missed growth targets.]
What happened
Freightos, the digital freight marketplace valued at $1.2 billion, announced that co‑founder Zvi Schreiber is publicly calling for the removal of Chairman Udo Lange. Schreiber argues that the board has failed to execute the aggressive expansion plan laid out in the 2025 roadmap, leading to a 23% drop in the company’s share price over the past six months. The founder also cited stagnant product roll‑outs and a lack of transparency with investors. The board has not responded yet, but analysts expect a special meeting by Q4 2026.
Why it matters for dispatchers/drivers
Freightos powers the booking platforms many dispatchers rely on for spot loads and rate comparisons. A board shake‑up could mean a strategic pivot—potentially faster integration of AI‑driven load matching and real‑time lane pricing. If the new leadership pushes a more aggressive product rollout, dispatchers could see better tools for back‑hauling and lane optimization, directly impacting driver earnings. Conversely, a prolonged leadership battle could stall platform upgrades, leaving users stuck with outdated APIs and slower load‑to‑truck matches.
My take
The freight‑tech sector can’t afford boardroom drama when drivers are already battling driver‑less‑truck rollouts and parking shortages. Schreiber’s move is a wake‑up call: investors and users demand results, not boardroom politicking. If Freightos doesn’t get its act together, it will lose market share to rivals like Convoy and Flexport, which are already rolling out AI‑powered dispatch tools. I’m betting the board will capitulate and bring in a tech‑savvy chair—because the only thing worse than a stagnant platform is a stagnant paycheck for the drivers using it.
—EkJot Singh
What you should do
- Review your current freight‑booking platforms; ensure you have a backup like **Convoy** or **Flexport** in case Freightos stalls.
- Push your carrier or broker to demand real‑time lane pricing and AI match‑making from Freightos; leverage the board shake‑up as leverage.
- Enroll in EK Dispatch Academy’s **Freight‑Tech Integration** module (/curriculum) to stay ahead of platform changes and keep your dispatch workflow future‑proof.