Flexport nabs Amazon’s Dave Clark for CEO role
Founder Ryan Petersen will become Flexport’s executive chairman after a six-month transition.
Founder Ryan Petersen will become Flexport’s executive chairman after a six-month transition.
The debate heats up on whether this is the beginning of the end of container shipping’s bull run.
The more ocean shipping is in the news, the more attention it gets from tech founders and investors.
Third-party logistics provider Flexport’s latest innovation: renting modified passenger aircraft for dedicated cargo service from a novice cargo carrier.
Natilus is developing robot cargo jets in four sizes and has orders from five customers.
The current roster of FreightTech unicorns is made up of established companies run by veterans and backed by smart money.
The number of ships waiting off Los Angeles/Long Beach fell 23% over the past week.
No. 7 on FreightWaves’ 2022 FreightTech 25 is landing $935 million in a series E round led by Andreessen Horowitz and MSD Partners.
Barring an economic downturn, U.S. demand could still be squeezing ports a year from now.
Renting a plane to move cargo is expensive but necessary in these days of supply chain turmoil.
No letup yet: It’s taking even longer for Asian exports to get across Pacific to American buyers.
McDonald’s called in the air cavalry to overcome shipping disruptions that forced it to ration french fries in Japan.
It’s these kinds of advances that will push the industry toward complete visibility and decarbonization.
Shipping Asia-U.S. via regular ocean service and rail? “I would bet your goods will not arrive in time for Christmas,” says Flexport’s Nerijus Poskus.
With limited manpower because of COVID, the main cargo terminal at Shanghai airport can’t process many freighter flights.
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, and the supply chain implications are profound.
FreightWaves examines the challenges of drayage logistics and the technology companies that are overcoming them.
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 step of the way.”
8VC was named top VC in Pitchbook’s Q1 2021 Supply Chain Tech Report.
How bad is it? A Vietnam-New York slot was just offered at $19,000 per FEU, reveals Flexport’s Nerijus Poskus.