Flexport & Veho team up
PRESS RELEASE August 28, 2024 Flexport and Veho Announce Partnership, Enabling Businesses of All Sizes to Offer ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
The WSJ’s Erica Phillips has revealed that Amazon, not content with simply leasing aircraft for its freight ambitions, now needs technology to take them even further. The e-tailer is looking to either licence or buy technology which will enable it to find efficient shipping routes and book carriers – of all modes – to move its goods. In the past fortnight, writes Ms Phillips, Amazon has contacted several freight forwarding technology companies, suggesting that once again it plans to cut out the middleman and accomplish its freight efforts alone – allowing it to control its suppliers’ supply chains too. Interestingly, its entry into the tech start-up business could prove too competitive. The article notes that Flexport’s Ryan Petersen “politely declined” to give Amazon a presentation of his company’s technology.
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