European port congestion easing – for now
Port congestion across North Europe’s key hubs appears to be abating – although the relief ...
© Rodolphe Trider |
By Alex Lennane
Farewell, Flexport forwarders. (And welcome, Flexport software engineers.)
Yesterday’s news that Flexport has cut 20% of its workforce has sent the market into a spin, looking for signs of what may come next. Is it a cost-cutting exercise to survive ? or ahead of M&A or an IPO? Is it a tactical retreat, now that the market is looking pretty shaky? Is it a desire to be a different sort of business?
Or, perhaps, it is all of the above.
Flexport itself clearly ...
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