Flex

“Flexport, the modern freight forwarder, today announced the acquisition of Crux Systems, the most advanced technology solution for tracking ocean containers. The acquisition will accelerate the automation of Flexport’s shipment tracking capabilities, upgrading the track and trace data that powers our freight-forwarding services.” – Flexport, 10 October 2019.

Flexport’s reassuring statement with regard to its expansion plans last week validated what our sources said in the second quarter, when the fast-growing forwarder was already “looking around to grow inorganically“, I was told, ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article


You must be logged in to post a comment.