AI cargo props up air cargo market amid warnings of an early peak
Booming AI-related shipments are offsetting weaker ecommerce demand in air cargo, with analysts warning geopolitical ...
Wells Fargo and Co. Express Banking House. Taken ca. 1860 National Park Service
By Alex Lennane
Bank of Flexport has rather a nice ring to it. And it wouldn’t be the first freight forwarder to discover that banking is a better business than logistics.
American Express (Amex) began life in 1850 as a forwarder, introducing financial and travel services during the early 1900s. Two years later the Amex founders, Henry Wells, William Fargo, and John Butterfield, co-founded Wells Fargo to provide services to the California Gold Rush. Its first offering was to transport gold, and operate an ...
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