Navigating tariffs: 'like trying to solve a Rubik's cube while colour-blind'
Logistics providers tasked with ‘providing clarity’ to customers have a near-impossible task when they themselves ...
Flexport’s charismatic Ryan Petersen has wooed investors again – and raised another $110m – giving the start-up a valuation of $800m. According to TechCrunch (Flexport wouldn’t comment), Flexport had received offers valuing it at more than $1bn, but decided that was a bit too much, in case the market sank. Flexport has 400 staff now, and expects revenues this year of $500m with a business model – according to TechCrunch – that has seen it shave five days off travel ...
Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
New senior management for DSV as it readies for DB Schenker takeover
Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Temporary tariff relief brings on early transpacific peak season
'Tariff madness' will prompt renegotiation of ocean shipping contracts
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Response to tariffs by Chinese importers may see extra costs for US shippers
Comment on this article
Nick Coverdale
October 06, 2017 at 2:06 pm” Flexport co-founder Ryan Petersen is a favorite amongst investors. “He’s a machine,” said one of TechCrunch’s sources ”
When I worked in the city of London every office had a machine for shilling you got tea or coffee , these investors for each million will be lucky if they get that .