It's a struggle for 'digital' forwarders, with 'poster boy' Flexport losing value
The proposed sale of ‘digital’ forwarder Forto, as well as EV Cargo, which also considers ...
For this week’s Loadstar podcast, managing editor Gavin van Marle travelled to San Francisco to interview Ryan Petersen, chief executive of start-up freight forwarder Flexport, a company at the forefront of the tech industry’s attempts to disrupt the freight forwarding and logistics business.
Since its inception in 2013, the company has raised around $94m from Silicon Valley investors who have been sold on Mr Petersen’s story of marrying a traditional freight forwarding business to a tech start-up that writes its software, and ...
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