Flexport

Flexport CEO Ryan Petersen predicts that freight logistics will see a lot more AI usage, from ocean freight contract writing to other parts of the supply chain that currently involve manual input. https://lnkd.in/e9ZSVbsp

Upcoming Webinar: Join us on June 12 as we celebrate the One Year Anniversary of Flexport’s Omnichannel and Fulfillment business! Our panel of experts will discuss key accomplishments and milestones since the Shopify Logistics / Deliverr acquisition last year, how Flexport partners with merchants to unlock their growth through omnichannel and fulfillment solutions, and our vision for the future! Plus, hear firsthand from Jason Lee, COO of Kizik on how Flexport has partnered to scale their business! Save your spot here 👉flx.to/wbn-061224 #webinar #omnichannel #fulfillment

In this week’s Freight Market Update, the Peak Season Surcharge (PSS) started June 1 on the TPEB and is likely to increase again on June 15. The Canada Border Services Agency (CBSA) will be in a legal strike position as of June 6. If a strike is called, importers should be prepared for delays. Meanwhile global air cargo rates have surpassed 2023 levels for the first time this year, with an average increase of 4%. Check out the full update for more and subscribe today to stay on top of the latest news and trends from around the industry. #supplychain #logistics #freightmarket #freightindustry #oceanfreight #oceancargo #oceanshipping #airfreight #aircargo #airshipping #trucking #intermodal #railfreight

It can be difficult to stay ahead of the needs when supply chains globally are constantly in flux. Working with organizations who respond to emergencies makes it even more challenging, as there is only so much forecasting that can be done ahead of time to quickly provide the supplies needed by impacted populations. Check out the story behind a recent shipment we moved of two water treatment systems which now provide safe and clean drinking water for two communities in Chad. Addressing the cause of water borne diseases at their source drastically reduces the negative health effects, mortality rates and frequency of outbreaks of diseases like Cholera, reducing the need for emergency medical supplies and humanitarian aid. https://lnkd.in/e7bf6kqY

"What was the original WHY behind founding and building Flexport?" Join us as Flexport's founder, Ryan Petersen, unveils the opaque and crucial world of freight forwarding. Discover how his experiences in running an import-export business inspired him to revolutionize global trade. In this episode: 🚚The complexity and opacity of the freight forwarding industry 👨Ryan's personal journey from the initial idea in 2008 to creating Flexport 🛣️The vision to streamline global trade using technology ➡️ Watch the whole podcast here! https://bit.ly/3X8tDU0 #Logistics #SupplyChain #Innovation #Flexport

Flexport is expanding the Convoy freight booking platform for brokers, months after resurrecting the trucking marketplace technology. The launch is built to give brokers access to thousands of carriers across the U.S., in an effort to simplify freight execution and lower operating costs for brokers and carriers alike.

We’re thrilled to share the latest exciting milestones for Flexport in Vietnam! 🏢 Grand Office Opening: We have grown our local team over the last 12 months, and we’ve officially opened our new office in Ho Chi Minh City. This is a strong testament to our commitment and long-term investment in the market. 🤝 Exclusive Partnership to Bring Operation Excellence: We are now partnering with market leader ITL to combine the best local logistics expertise with the power of our tech platform. Together we will bring best-in-class services to customers in Vietnam, including warehousing, trucking, customs, and much more. Vietnam is a key market to Flexport’s future growth, and we look forward to enabling our customers and partners globally to tap into this strategic market for growth and optimize their global supply chain. Sign up to learn more about Flexport’s services in Vietnam: https://lnkd.in/ggaMYHDD

”[The] reduction in operating expenses, which includes procurement for brokers and load management, visibility and billing for carriers, is key to the idea that technology can fundamentally alter the way brokers and carriers serve shippers,” said Bill Driegert, EVP and Head of Trucking at Flexport. “Brokers traditionally want to focus on mid-size carriers, because the long tail of carriers are more difficult to work with. But by automating it, you flip that long tail from being the hardest to maintain to the easiest to maintain.” Read more in the Journal of Commerce: flx.to/joc-20240603 Visit the Convoy Platform to learn more about: https://lnkd.in/eexvd5cq

I'm excited to announce that Flexport is opening up the Convoy Platform to all brokers. Through the power of AI and lots of clever engineering, the Convoy Platform dramatically simplifies freight sourcing and execution, lowering operating costs for brokers and carriers alike. I'm proud of what this team has accomplished in such a short time, bringing this technology back to market and opening it up to empower the full ecosystem. This is how we move freight forward.

“The opportunity we see is to open up the Convoy Platform’s technology stack for brokers and really empower them, because one of the big shifts that’s happened in the market is it’s become a lot more fragmented,” said Bill Driegert, Flexport EVP and Head of Trucking. Read more about the expansion of the Convoy Platform in FreightWaves: