Freight Forwarder
topic on 3 shows · 9 statements across 4 episodes
the Y Combinator Startup Podcast 
Top Founders 
the a16z Podcast
9 statements about Freight Forwarder, every show
Petersen: Businesses date freight forwarders but marry customs brokers
“We say in the industry, you date your freight forwarder, but you marry your customs broker.”
Freightos digitizes rather than disintermediates freight forwarders
“No, we're giving them a digital platform so we're not disintermediating them but we're making sure sometimes there's two or three freight forwarders involved. We make sure that there's you know, no more than you need and in certain cases, you could work with t…”
Traditional freight forwarder quotes take two to three days
“Because if you call up a freight forwarder, you do not get a price instantly. You get it after two or three days.”
Traditional freight forwarders exploit information asymmetry to overcharge their customers
“There's this information asymmetry and the forwarder global trade's kind of a black box and the freight forwarder knows how it works and you don't. And they use that against you. They use that to make money off you.”
Schreiber: Freightos charges freight forwarders a 2% marketplace take rate
“And right now we would take just two percent from the freight forwarders, so just the 40 bucks for finding them, your friend as a customer.”
Schreiber: 1,000 freight forwarders use Freightos software for in-house pricing
“Many of these freight forwarders, in fact, 1000 freight forwarders, are using Freytos software to automate their own pricing in-house.”
Schreiber: There are 100,000 freight forwarders worldwide
“I mean, believe it or not, there are 100,000 freight forwarders in the world.”
Freightos SaaS pricing ranges from under $1,000 to tens of thousands monthly
“It starts from as little as even less than a thousand dollars a month. And it goes up for a big global freight forwarder with tens of thousands of employees, then it's well into the tens of thousands of dollars a month.”