Freightmate 'a product of theft, not ingenuity' says Flexport
Former Flexport staffers “brazenly” stole trade secrets and data, according to a lawsuit filed yesterday ...
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Venture capital funding into the logistics industry has amounted to nearly $28bn since 2015, research from McKinsey shows.
And although US digital freight forwarder Flexport has taken many of the headlines during this period, it is actually the last-mile and B2C logistics sectors that have received the overwhelming proportion of that finance.
Ocean and air freight platforms – in which McKinsey classes Flexport – follow far behind.
And, somewhat surprisingly, given the focus of much of the industry on software, it is start-ups ...
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