The platform moves toward customization based on job function.
Leasing companies say a neutral chassis pool lacks incentive to invest the tens of millions of dollars each year to maintain viable chassis equipment.
Shanghai Pudong Airport is getting crushed by heavy cargo volumes. Add to the mix a lot of red tape for export clearance and shipments are experiencing long delays and missed flights.
A perfect storm of events has created the mother-of-all cargo bottlenecks at Shanghai’s Pudong airport, where shipments sit at a standstill in crowded warehouses waiting for overwhelmed Chinese customs officers to inspect outbound PPE shipments.
Flexport CTO James Chen articulates his vision of the future of global trade technology.
Here it comes: Ports will soon feel full force of canceled box-ship sailings.
Big April gains at Southern California container terminals are deceiving.
The Justice Department said joint logistics operations among five American medical supply distributors to provide protective medical gear to virus hot spots does not violate antitrust law.
In the times of COVID-19, logistics companies are stepping up to help the industry in ways they can.
During a roundtable discussion, the CEOs of Convoy, Flexe and Flexport spoke about the coronavirus and the future of freight.
New service helps companies wade through turbulent trade waters.
Darren Prokop writes about the future of data in for-hire transportation. Data is information and can become knowledge.
Companies exposed to transportation, including 3PLs and freight tech startups, are adjusting to market realities.
FreightCaster Chad Prevost speaks with Susy Schöneberg, Head of Flexport.org at Air Cargo 2020 in Nashville, TN.
At the Air Cargo 2020 Conference in Nashville, Tennessee, we had the opportunity to catch up with Susy Schoneberg, head of Flexport.org, for one of our Fireside Chats. Flexport.org is the nonprofit arm of Flexport. Flexport seeks to be a single platform that is changing the operating model for global trade. It empowers businesses with […]
Liner delays put billions in inventory and assets on hold, leading to more efforts to quantify impact.
Are Walmart drivers paid too much? This and more ridiculous questions on today’s What The Truck?!?
Nippon Cargo Airlines is adding a Taipei stop due to demand from customers such as Flexport.
Having a private “airline” to move customers’ freight made sense two years ago when the market was robust and Flexport was less established in the logistics industry. Now, the company has enough muscle to compete directly for airline capacity.
FreightTech will be even more important and pervasive in 2020. Learn about some of the expanding trends in FreightTech.
Santa seems likely to leave some coal in the airfreight industry’s stocking this year, but some see 2020 turning to glitter if the industry can get past what is poised to be a difficult Q1.
The fast growing forwarder Flexport was awarded sixth place in FreightWaves 2020 FreightTech 25 competition.
Ben Thrower writes that venture capital funds continue to flow to digital freight brokerages, but legacy companies continue to fight back.
U.S. freight forwarder expands north of the border, tapping into growing volumes of trans-Pacific trade from the Port of Vancouver.
Freightos, the world’s largest freight marketplace, sees transparent pricing of international freight benefiting shippers and forwarders alike.
This year’s list includes 16 returning winners from last year’s awards and nine first-timers.
Asia-Europe and Asia-U.S. spot freight rates jumped 12-30% last week, but can carriers hold on to the gains?
The joint venture between Delta Airlines (NYSE: DAL) and LATAM Airlines (NYSE: LTM) proposed last month was motivated by synergies on the passenger side, but analysts also see attractive opportunities to extend cargo reach, make money and benefit shippers. Delta officials have not publicly discussed the potential to gain from each other’s cargo strengths and […]
Freight forwarder Flexport acquired a startup that develops technology for tracking containerized goods. Burlingame, California-based Crux Systems said its technology “informs supply chain planning by driving actionable insights that can reduce dwell times, demurrage fees and hours spent tracking containers.” Crux’s technology will be incorporated into Flexport’s to incorporate the company’s track-and-trace technology into Flexport’s […]
The new platform focuses on collaboration, workflow automation, and allows users to define business priorities.
Flexport’s head of airfreight believes a small bump in demand out of Asia could result from new U.S. tariffs, while higher fuel prices will push up air cargo costs.
FreightTech venture investing is super hot, but most of these startups continue to lose money. Is this a fad or something else? Last year, FreightWaves created a FreightTech Venture Index to track the venture capital (VC) investing in FreightTech startups. The term FreightTech is defined loosely as software companies and other technologies that aid in […]
How Flexport is managing the challenges of todays air cargo environment
Flexport’s customers have seen average landed unit costs rise by 30 percent due to tariffs.
Flexport hired a former White House trade and economic advisor in a bid to harness research from the digital first forwarder’s datasets and to help customers navigate the shifting sands of trade. The San Francisco-based company named Dr. Phil Levy as its first Chief Economist. Dr. Levy, who earned a Ph.D. in economics from Stanford […]
The total amount of investment during the first quarter – $1.6 billion – is more than half of the $2.9 billion in venture capital invested for the full year 2018.
Will it make money? Does it matter?
One of the biggest terminals on the west coast is showing better results after multi-year automation project as final auction nears.
Will merchants turn their international supply chain data over to Amazon?
VC-backed freight forwarder wants to expand geographic coverage and add freight expertise after latest cash infusion.
Up-and-coming freight forwarder aims to flip script in how to reach customers and Japanese fund is on board for that.
San Francisco-based logistics provider Flexport is rumored to be in talks to raise about $500 million in a deal lead by SoftBank Group Corp. (OTC US: SFBTF), according to an article published on Axios Wednesday.
FreightWaves is monitoring a number of trends that will impact the freight market in 2019. Digitization will play a key role in these trends as companies seek to optimize their supply chain processes.
West Coast ports post strongest volumes ever; Norfolk Southern is moving to Atlanta; flatbed tender rejections stay down; expect electric trucks in 2020; pregnant XPO Logistics warehouse workers suffer miscarriages; E2open buys Inttra; Iraq produces more oil but can’t rebuild.
Newly launched venture called Transmission aims to bring low-cost ELD product to drayage and intermodal motor carrier.
Flexport is modernizing global trade through a combination of software and human expertise, bringing in greater visibility and transparency to the freight forwarding industry.
Ford is following that of other automakers and investing in electrification and connectivity. The company also said it would redirect $7 billion from car production to increase SUV and truck production.
