The US Line: My feud with Flexport CEO Ryan Petersen
Just to clarify…
AMZN: TOP PICKDSV: MORE OF THE SAME GXO: DOWN EXPD: IN THE DOCKAAPL: CHINA WOESFDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UP
AMZN: TOP PICKDSV: MORE OF THE SAME GXO: DOWN EXPD: IN THE DOCKAAPL: CHINA WOESFDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UP
Some 1,700 Flexport employees will have lost their jobs this year, if press reports are accurate. Chief executive Ryan Petersen informed workers (the full note is here) that the digital forwarder was having to cut a further 20% of its global labour force, the last round of lay-offs in 2023.
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