Freightos CEO rejects founder’s growth criticism as new AI platform launches

Freightos has launched a new AI-native platform for freight forwarders, as an increasingly bitter dispute between its management and founder Zvi Schreiber over the company’s growth strategy heads towards a shareholder showdown next month.

Dr Schreiber, who founded Freightos in 2012 and resigned from its board in February, has accused the company of abandoning its growth ambitions in favour of profitability, and is campaigning to remove chairman Udo Lange and change the company’s strategic direction.

“The board calls my plan a ‘sudden strategic pivot’. The opposite is true,” he told The Loadstar.

“For 14 years, Freightos’ strategy was to maximise growth, with the transactional platform as the primary long-term opportunity. That’s what shareholders invested in.”

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