Shopify shuns 'logistics' – Flexport losses narrow in another forgettable year
The drip drip of failure
© Alexandru Maricel Catalin
By Alex Lennane
The news this week that Flexport has laid off some 50 staff has, predictably, caused a flurry of comment about the digital forwarder and its future.
It should, however, be seen in context – it is hardly the only forwarder out there scaling back. DSV Panalpina may have lost between 20% and 30% of Panalpina staff, although admittedly under different circumstances.
Forwarders wax and wane constantly on staff numbers – according to Shipping Watch, DHL Freight, which just laid off 10 employees ...
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