Tech start-ups in the logistics arena have had to navigate bumpy conditions, recently losing the “mojo” they garnered during the Covid-induced ‘new normal’ demand era.

The latest casualty appears to be Hamburg-headquartered ocean equipment platform Container xChange, founded in 2017 with CEO Christian Roeloffs as the industry face.

According to industry sources, the online logistics marketplace has already laid-off the majority of its staff, including in India.

At its peak, the company had around 150 ...

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