Flexport

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.