Flexport, a logistics company with $2.7 billion in funding, is reportedly planning additional layoffs.
In the dynamic landscape of African international trade, a prevalent challenge looms large: A mere 30% of trade volumes find financial intermediaries in banks. This glaring gap in financing disproport
Flexport CEO Ryan Petersen made it clear that while he was keen on buying Convoy because of the "incredible tech stack" it built, he wasn't buying its strategy.
Supply chain logistics platform Flexport is acquiring the assets of shuttered digital freight network Convoy, according to a memo Flexport CEO Ryan Petersen sent to staff Wednesday. Flexport will rest
Flexport founder Ryan Petersen said in September — in the wake of his hand-picked CEO’s sudden departure — that the logistics company needed to get its house in order. It started with Peters
Dave Clark, the former Amazon executive who was ousted as CEO of Flexport just a year into the job, fired back at its founder and board, calling recent reporting on the logistics company “deeply
When Flexport founder Ryan Petersen picked Amazon consumer chief Dave Clark to lead the buzzy freight forwarding and logistics startup, he noted that they needed an “entrepreneur” and a bu
Flexport founder Ryan Petersen has joined venture capital firm Founders Fund as a partner, as reported by Forbes earlier today. Founders Fund confirmed the move to TechCrunch, providing the following
Today, Kaitlyn Glancy, who has spent more than eight years with the logistics company Flexport — the last four of them as the outfit’s vice president of North America — is announcing
Shopify revealed today that it’s laying off 20% of its workforce, impacting more than 2,000 people, and is selling its logistics business to Flexport for roughly 13% in stock. The news comes som
Fabrice Grinda says he never intended to run a venture firm. He just really (really) enjoyed angel investing. In fact, by late 2013, when he was on the verge of selling the global classifieds marketpl
Yesterday, we had the chance to catch up with Fabrice Grinda, a French, New York-based serial entrepreneur who co-founded the free classifieds site OLX — now owned by Prosus — and who has
The wheels of global commerce continue to turn, through wars, pandemics and economic downturns; and today a startup taking a new tech approach to improve the workings of one of the more antiquated asp
Can AI automate enterprise decision-making? It’s an exceptionally broad and challenging task — assuming it’s within the realm of possibility. But that’s what startup Arena clai
Ghost created a marketplace, similar to eBay, that provides a way for brands to get rid of excess inventory and will handle all of the posting, sales and shipment of goods sold.
For years, the narrative for innovation in supply chain has focused on the disruptors. Less heralded has been the next wave these disruptors often catalyze: Digital enablers.
Shipping and cargo services is one of the more fragmented and analogue verticals in the world of industry, with hundreds of thousands of businesses involved in myriad aspects of a process that is fund
Dave Clark, the former Amazon consumer chief, will take over as CEO of freight forwarding and customs brokerage startup Flexport starting September 1, 2022. Clark resigned from his role as CEO of Amaz
The company delivers a package every 20 seconds and services customers of all sizes, from AB inBev and Red Bull to small Shopify merchants.
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