'Last chance' for US importers to stock up before possible east coast port strike
The lead time for Chinese exports to the US east coast is still just over ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
Flexport’s new chief executive, Dave Clark, formerly of Amazon, is beginning to make his mark at the US forwarder. The company is buying Shopify’s logistics fulfilment business, including Deliverr, to compete with Amazon on e-commerce home deliveries.
Mr Clark said the deal enabled the San Francisco-based freight forwarder to offer logistics services and tracking for merchants, from Chinese factories through to last-mile delivery. The sale price wasn’t disclosed, reports The Wall Street Journal.
You can read Dave Clark’s letter to Flexport staff on the deal here.
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