Flexport
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Air Cargo
Mazda shuts down plants as cargo flights from Shanghai dry up
With limited manpower because of COVID, the main cargo terminal at Shanghai airport can’t process many freighter flights.
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News
Will US consumers throttle back on buying stuff?
Americans were expected to divert disposable income away from goods as the economy reopened to travel, lodging and entertainment. It isn’t happening, most observers say,…
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News
4 challenges of drayage — and the FreightTech companies solving them
FreightWaves examines the challenges of drayage logistics and the technology companies that are overcoming them.
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News
Flexport, Convoy partnership designed for ‘full end-to-end visibility’
The vision of the collaboration is “for customers to be able to track their products from door to door and understand exactly what’s happening every…
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News
8VC files for two new funds, intends to raise over $1B
8VC was named top VC in Pitchbook’s Q1 2021 Supply Chain Tech Report.
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Maritime
FreightWaves LIVE recap: How to cope with ocean capacity crunch
How bad is it? A Vietnam-New York slot was just offered at $19,000 per FEU, reveals Flexport’s Nerijus Poskus.
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News
Scale AI raises $325M, valued at $7.3B
‘Data gives companies power. But, you need to extract it first.’
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Company earnings
Matson CEO: Trans-Pacific trade to stay stronger for longer
West Coast congestion could last into the fall as retailers face stockouts on essential goods, says ocean carrier Matson.
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Maritime
Flexport: Trans-Pacific deteriorating, brace for shipping ‘tsunami’
Trans-Pacific container crunch is about to become even more severe, warns Flexport, with May sailings now effectively sold out.
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American Shipper
Repaired MSC Ariane resumes voyage to LA
The container ship now is expected to anchor in San Pedro Bay on May 1.
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