The company recently introduced OceanMatch, a service to help customers identify available space on ocean-bound containers, which ship on average just two-thirds full.įlexport has 10,000 clients and suppliers in 110 countries, 1,100 employees and reported revenue of $441 million in 2018. Flexport prioritized those shipments for loading and rerouting just to avoid the tariffs. When President Donald Trump announced new tariffs on imports, Flexport's cloud-based software and data analytics platform let the company quickly identify customers who would be affected and begin working with them on mitigation strategies.įor instance, the company asked an industrial materials client based in Hong Kong to identify cargoes that would be hit by the tariffs based on the commodity codes. More from Disruptor 50: Elon Musk is wrong on robo-taxi timing, Uber CEO Dara Khosrowshahi says US and China superpower race to lead the future of technology comes down to $6 billion The next big breakthrough in farming may come from outer spaceįlexport's digital focus helps it stay flexible in the midst of global trade turmoil. "We're doing this by combining technology, access to physical logistics infrastructure, and industry expertise to build a product that allows our customers to plan, move and even finance their cargo more efficiently," said Flexport founder and CEO Ryan Petersen. Some start-ups are offering a wider range of transportation services.įlexport, based in San Francisco, bills itself as a digital-first freight forwarder and doesn't limit itself to trucking - the company also manages sea, air and rail delivery and customs processing, using what it calls its "operating system for global trade." Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower ![]() ![]() Best Debt Consolidation Loans for Bad Credit
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