Flexport

World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 

World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
January 17, 2024  |  Connected Economy

The World Bank isn’t banking on the world’s economy getting much better.  At least in the near term.  In its semiannual Global Economic Prospects report,...

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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  |  Partnerships

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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