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FLEXPORT CEO
Amazon aims to revolutionize fast delivery with new 30-minute systemAmazon is revealing a new service offering deliveries in 30 minutes or less for an additional charge. This ultrafast delivery, called Amazo...- Flexport CEO calls out India’s ‘useless paperwork’, criticises bureaucratic hurdlesPetersen’s comment came in response to Prime Minister Narendra Modi’s post on X (formerly Twitter) on July 1, marking eight years of GST. I...
- Trump's tariffs loom over American economy as shipments from China fallAmerican businesses are reeling from President Trump's unpredictable tariffs, leading to order cancellations and postponed expansions. The ...
- The busiest port on the east coast comes to a stopThe strike by 45,000 dockworkers has shut down major East and Gulf Coast ports, significantly disrupting commerce. Businesses and blue-coll...
- Baltimore bridge collapse and port closure send companies scrambling to reroute cargoAfter the container ship Dali hit the bridge and brought it down early Tuesday, ship traffic entering and leaving the Port of Baltimore was...
- US logistics startup Flexport to lay off 20% of its workforce: reportFlexport is one of the most valuable US logistics startups, with $2.3 billion in funding so far and an $8 billion valuation. The company ac...
- Half of Red Sea container fleet avoids route after attacksThe tally compiled by Flexport Inc. shows 299 vessels with a combined capacity to carry 4.3 million 20-foot containers have either changed ...
- Twin crises send cargo ships back to 18th century trade routesHitting routes that handle almost 20% of trade, the issues are forcing vast detours by the global merchant fleet, driving up freight bills,...
- Pakistani ecommerce logistics startup Rider looking to acquire BlueExPakistani ecommerce logistics startup Rider, backed by YCombinator, is looking into acquiring BlueEx the only listed Express Courier Logist...
- Flexport unveils ecommerce tools as returned CEO aims to regain profitabilityCompanies ranging from Shopify to Walmart have launched their own ecommerce platforms to compete with industry leader Amazon.com. Sellers w...
- Rapid continues downsizing efforts, lays off additional 70 workersThe US-based startup Rapid (previously known as RapidAPI), which built out an API (Application Programming Interface) marketplace, has laid...
- Shopify sells shipping service firm Deliverr, other assets amid narrowing ambitionsMost of Shopify's fulfillment assets will be acquired by logistics provider Flexport in an all-stock deal that also includes the sale of th...
- A tech ‘Golden Age’ awaits supply chains limping out of the pandemicAs supply snarls recede this year, they’re giving way to a different kind of disruption in the $10 trillion global logistics industry: a te...
- Amazon announces Doug Herrington as CEO of Worldwide Amazon StoresDoug Herrington joined the company in 2005, went on to launch AmazonFresh in 2007, and has led the company's North American consumer busine...
- Amazon executive to serve as CEO of logistics companyDave Clark will begin his new role at the San Francisco-based company on Sept. 1, two months after he steps down from his current role as C...
- With the new funding, we will double down on product innovation, growth: Hiver's Niraj Ranjan RoutIn an e-mail interview Niraj Ranjan Rout, CEO and co-founder, Hiver discusses the fresh capital infusion, product offering, innovations, ma...
- Fintech firm LegalPay gets funding from US hegde fund HedonovaFounded in 2020, LegalPay competes with restructuring giants such as Edelweiss, KKR, Eight Capital, which generally focusses on high-ticket...
- Hiver raises $4 million to ramp up growthThe funds raised will help Hiver double revenue by accelerating marketing and sales efforts.
- Hiver targets helpdesk market with the launch of Analytics 2.0The analytics platform, one of the core requirements of customer support teams, will help teams track all the key metrics to measure custom...
- Jeff Bezos, Marc Benioff back Uber of trucks Convoy nowConvoy, which shippers can use to request a truck, get instant price quotes and track drivers throughout pickup and delivery, said it's rai...
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