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 ...
Flexport is “really back on track” with its restructuring, while its cost base is “where it needs to be”, according to board advisor Neel Jones Shah.
Acknowledging the two “pretty significant rounds of layoffs” in the past six months, Mr Jones Shah – who is also leaving the company this summer for a new role – explained.
“There is still work to be done. But the bulk of that work we have been able to accomplish, and really influence the P&L in ...
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