Zvi Schreiber

And now you can get exactly the same experience when you want to ship a container.

You go to our website, you search, you see prices, you book, you pay, and your goods are on the way.

So, like most marketplaces, well, there's two ways, actually.

But like most marketplaces, we take a small cut of the transaction.

So, the freight forwarder who's selling the service, you know, we bring them, you're an importer, you come to our sites, you find a freight forwarder, you find a price you like, you book.

So we've done all the sales and marketing for the seller, for the freight forwarder.

And they give us a small percentage of that transaction.

Freight forwarders are companies who arrange freight.

Some of them are names you may not know.

Some of the biggest are Kununagel, Expeditors.

CH Robinson in the US.

But these are companies who do $10, $20 billion a year each.

These are big companies.

Some of the names you may know is that UPS also has a freight forwarding division.

And FedEx also has a freight forwarding division.

FedEx does about $1 billion in freight.

So it's a much smaller business for them than the small package.

But many of the companies you know who do small parcels, like FedEx and UPS, also have divisions

who do freight, containers, and the like.

The buyers are any import-export company.