The US Line: My feud with Flexport CEO Ryan Petersen
Just to clarify…
Transport Logistic, Munich, 2023: “What is the one thing you would ask Flexport?”
Forwarders: “When is the money going to run out?”
So, diligently, Loadstar Premium asked president air & sea, Sanne Manders, how long Flexport has got – if, as CEO Dave Clark said at TPM earlier this year, profitability depends “on which day of the week it is”.
The answer is perhaps not surprising: Flexport’s finances are private, and “there is enough money”.
As well as the fact that profitability is something ...
Three new services and a transpacific focus for Ocean Alliance in 2025
Airfreight sector left 'exposed' after ecommerce traffic 'falls off a cliff'
'Military asset' listing sees Cosco and CCA barred from Pentagon contracts
Launch of new tariffs 'a speeding train', be ready, US importers warned
Scant room for sustainable growth in aviation, says watchdog T&E
Shippers claim major box lines 'acted together' to profit from the pandemic
Cosco to play a major role in China's container hub ambitions for Yangpu Port
Red Sea attacks on ships could continue, despite Gaza ceasefire
Comment on this article