Cargo 'held hostage' in Chicago, says Flexport's Ryan Petersen
“Dozens of motor carriers in the Chicagoland area have been holding loads of cargo hostage, ...
“When Flexport goes knocking on doors to lure investors for new funding – base case: Q1 24 – if it ever reaches the public markets (mind the Goldman Sachs US IPO Barometer: ’The IPO Market Lives!’), you may be forgiven for thinking…” etc etc etc – Loadstar Premium, 19 September 2023.
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Here we go.
There was “news” on Record Friday, 19 January, from Flexport.
Risk-on appeal: new money?
The freight forwarder from San Francisco disclosed the raising of $260m from $103bn-market-cap, Ottawa-based Shopify.
It was ...
New container volume high provokes major concerns over peak season
CMA CGM vessel loses 44 containers overboard as rough weather hits the Cape
What will stop ocean freight container spot rates reaching pandemic levels?
FMC halts Gemini alliance and demands more info from Maersk and Hapag
Prestige Falcon Houthi attack could be deadliest so far, with 16 crew missing
The age of alliance domination of east-west box trades may be over
Breathing space for shippers in a flat week for spot rates
US East and Gulf Coast dockers ready to 'hit the streets' in 80 days
Have spot rates reached their peak? 'We're not out of the woods yet'
EXCLUSIVE: 'Unfair' IATA CASS rules put 'severe financial strain' on forwarders
Scan Global gains a foothold in Brazil with acquisition of Blu Logistics
Airfreight rates ex-Asia 'surprisingly strong' through traditionally low period
Comment on this article
Hans-Henrik Nielsen
January 23, 2024 at 6:08 amGood read
Alessandro Pasetti
January 23, 2024 at 6:31 amThanks, HH!