Making a profit in shipping’s digitalisation drive is not easy, as evidenced at NASDAQ-listed Freightos, a pioneering container booking platform, where, after 14 years its founder and CEO has decided to leave the company. 

Zvi Schreiber, the Israeli tech entrepreneur, has walked away from Freightos, one of container shipping’s most high-profile digital platforms, citing a difference of opinion with the board on how to take the listed company forward. 

The company announced its full-year results yesterday, remaining in the red, despite revenues growing 24%. 

Pablo Pinillos, CFO and interim CEO of Freightos, said the aim was to get to breakeven by the end of this year. 

“2026 is a transition year in which we are deliberately sequencing our growth,” Pinillos said. “We’re focusing resources on our solution adoption – when our software is embedded in customers’ daily workflows, platform bookings follow naturally and our network effects compound.” 

Windward also revealed yesterday Stuart Strachan has become chairman of the board. Strachan previously held senior leadership roles at S&P Global and IHS Markit, where he led maritime, trade, and supply chain business lines 

Schreiber, a serial tech entrepreneur with a PhD in computer science, will likely be back with a new platform. In the past, he founded Tradeum, one of the pioneers of B2B e-commerce, which achieved revenues of over $100m and an exit of $500m. He also founded Unicorn, sold to IBM, and G.ho.st, which was sold to Infinity Fund.