Flexport

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.