More cash to burn – Petersen’s search is on
Tic-toc, tic-toc, roadshow time
Flexport, the tech-based forwarding company, has raised another $65m Series B – something else that singles it out from the traditional logistics sector. It is now commonly cited as a unique disrupter in the freight market and is set to grow further, using the new cash to open offices in China. As this article from TechCrunch outlines, Flexport is also now offering customers the ability to re-route shipments, even individual pallets, while en route.
Keep our news independent, by supporting The Loadstar
Four crew members still missing as Wan Hai 503 continues to burn
Explosions and 'out-of-control' fire reported on Wan Hai box ship
Carrier price hikes hold, driving spot rates higher as space gets scarcer
MSC Elsa crew face criminal probe, as Wan Hai 503 firefighters battle on
Transpacific rates ease as capacity boost proves too much for trades to digest
'It's driving us mad', say forwarders as US court fails to end tariff turmoil
Comment on this article