Flexport

Supply Chain Tech Startups Seek Alternatives as VC Funding Slows
Supply Chain Tech Startups Seek Alternatives as VC Funding Slows
November 02, 2023  |  Startups

Supply chain technology startups are reportedly facing a challenging environment as venture capital (VC) firms reduce funding for these companies. The decline in investor support,...

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Report: Flexport Works to Rebuild Customer Trust After Complaints
Report: Flexport Works to Rebuild Customer Trust After Complaints
November 02, 2023  |  Shipping

Flexport, a San Francisco-based shipping startup, is reportedly facing skepticism from important customers and a drop in revenue. This follows complaints about issues like canceled...

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Flexport Bolsters its Position in Digital Freight with Convoy Acquisition
Flexport Bolsters its Position in Digital Freight with Convoy Acquisition
November 01, 2023  |  Acquisitions

San Francisco-based digital freight startup, Flexport, has made a significant move in the logistics industry by acquiring Convoy, a Seattle-based trucking startup, according to media...

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Report: Flexport Looks to Snap Up Convoy’s Tech
Report: Flexport Looks to Snap Up Convoy’s Tech
October 29, 2023  |  Supply Chain

Supply chain logistics firm Flexport is reportedly in discussions to purchase freight startup Convoy’s technology. The acquisition, if successful, would bolster Flexport’s move into the U.S....

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Digital Freight Startup Convoy Suspends Operations
Digital Freight Startup Convoy Suspends Operations
October 18, 2023  |  Supply Chain

Digital freight startup Convoy has announced the suspension of its operations and the winding down of its core business. The company, which was founded by former Amazon executives...

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Flexport Sets 2025 Goal for Profitability, IPO
Flexport Sets 2025 Goal for Profitability, IPO
October 17, 2023  |  Supply Chain

Supply chain logistics company Flexport is undergoing a restructuring process to regain profitability and reshape its business.  Founder Ryan Petersen has set a long timetable for achieving profits, setting...

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As Third Quarter Ends and Earnings Loom, FinTech Profits Come Into Focus
As Third Quarter Ends and Earnings Loom, FinTech Profits Come Into Focus
September 30, 2023  |  Fintech Investments

As of the close of trading Friday, the third quarter’s in the books. And in just a few weeks, the scoring begins in the form...

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Flexport CFO Resigns as Company Aims for Profitability
Flexport CFO Resigns as Company Aims for Profitability
September 27, 2023  |  Personnel

Logistics firm Flexport has lost two more high-level executives as it tries to regain profitability. Chief Financial Officer Kenny Wagers and Jennifer Boden, vice president of people tech and employee...

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Flexport Launches All-in-One Supply Chain Solution for Entrepreneurs
Flexport Launches All-in-One Supply Chain Solution for Entrepreneurs
September 13, 2023  |  Supply Chain

Flexport, a tech-driven platform for global logistics, has launched a self-service, artificial intelligence (AI)-enabled supply chain solution designed specifically for entrepreneurs.  This all-in-one solution provides instant...

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