Flexport lawsuit an 'undifferentiated mass of gibberish', claims Freightmate
Freightmate, the start-up being sued by Flexport for stealing trade secrets, has claimed there are ...
I nearly fell off my chair when Flexport chief executive Ryan Petersen yesterday told me the $1bn funding round he had just secured is only the first milestone to a market valuation where the long-term limit is the sky.
When asked to comment on market reports, which vaguely suggested that the start-up’s implicit value is currently a tad over $3bn, I asked him “why on earth only $3bn – why not $6bn or $9bn or more?”
After all, just tweak up the 5-15-year ...
Asia-USEC shippers to lose 42% capacity in a surge of blanked sailings
USTR fees will lead to 'complete destabilisation' of container shipping alliances
New USTR port fees threaten shipping and global supply chains, says Cosco
Outlook for container shipping 'more uncertain now than at the onset of Covid'
Transpac container service closures mount
DHL Express suspends non-de minimis B2C parcels to US consumers
Zim ordered to pay Samsung $3.7m for 'wrongful' D&D charges
Flexport lawsuit an 'undifferentiated mass of gibberish', claims Freightmate
Comment on this article