News / A focus on price, not value, causes freight rate portals and 'digital forwarders' to struggle

10/04/2018

At some point San Francisco-based Shyp claimed a valuation of $250m; at the end of March the portal that had started out offering a simple worldwide shipping solution to small merchants ended its four-year run and shut down its operations. Efforts to stem its losses ...

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Gary Ferrulli
April 10, 2018 at 3:50 pm
The technology companies who boast of “valued at” numbers are mostly hype – not all of course, but here is perfect example. Good press releases which most press just accepts and publishes, year later, another one, just like this.
Technology is extremely important, but like other industries, far too many players all chasing the same gold ring. Not all can grab it.

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