Container freight marketplace Freightos has tripled its ocean volumes over the past year, according to its founder and chief executive Zvi Schreiber.
Increases in digital spot sales of container freight have coincided with new measures to resolve issues around cargo no-shows, overbooking and price volatility.
But Schreiber conceded the sector has some way to go before embracing the index-linked trading that would be the next step towards developing a container freight derivative industry.
