Fact-checked by Grok 2 weeks ago

Flexport

Flexport Inc. is an technology company that provides a software platform for global and , enabling businesses to handle freight forwarding, customs clearance, and trade data tracking. Founded in 2013 by Petersen, the company integrates data from various participants to streamline international shipping processes traditionally plagued by fragmentation and inefficiency. Flexport's platform supports services including ocean and air freight, trucking, warehousing, and fulfillment, serving over 10,000 customers who have moved more than $175 billion in goods worldwide. The firm achieved unicorn status through substantial venture funding, reaching a peak valuation of $8 billion, and reported revenue of approximately $2.1 billion in 2024 amid efforts to attain profitability by the end of 2025. Notable achievements include offsetting over 300,000 tonnes of greenhouse gases and impacting 100 million people through philanthropic shipments via Flexport.org, though the company has faced controversies such as a rapid CEO transition in 2023 involving the ousting of Dave Clark after mere months, leading to layoffs and rescinded job offers.

Overview

Founding and Headquarters

Flexport was founded in 2013 by Ryan Petersen, who serves as its CEO. Petersen, a graduate of the , drew from his early experiences in , including importing scooters and other goods from for resale in the United States starting in the early 2000s. Recognizing the inefficiencies and opacity in traditional freight forwarding—such as manual processes, lack of real-time visibility, and reliance on disparate systems—Petersen aimed to modernize global logistics through software that could streamline coordination from factory to customer. The company emerged from Y Combinator's accelerator program, which provided initial support for its technology-driven approach to freight forwarding. The headquarters of Flexport are situated at 760 Market Street, 8th Floor, in , , placing it in the heart of the city's downtown financial district. This location facilitates proximity to technology talent, , and key shipping ports along the , aligning with the company's focus on integrating software with physical networks. While Flexport maintains global operations with offices in over 20 countries, remains the central hub for executive leadership and core product development.

Mission and Core Operations

Flexport's mission is to make global commerce so easy there will be more of it. This objective reflects the company's aim to simplify international through technological innovation, thereby increasing the volume and efficiency of global flows. Founded on the belief that advances human progress, Flexport seeks to democratize access to tools traditionally reserved for large enterprises, enabling smaller businesses to participate more effectively in worldwide markets. The company's core operations center on a digital platform that integrates freight forwarding, customs brokerage, trucking, and fulfillment services into an end-to-end supply chain solution. Flexport facilitates ocean and air freight shipments, offering full container load (FCL), less-than-container load (LCL), consolidation, and charter options with SKU-level tracking and real-time updates for enhanced visibility. Its customs operations involve expert brokerage to minimize duties, expedite clearance, and ensure compliance across borders. Trucking services cover drayage, full truckload (FTL), and less-than-truckload (LTL) movements via a nationwide carrier network, providing milestone-based tracking from dispatch to delivery. Fulfillment capabilities support (DTC) and (B2B) models, integrating with over 30 platforms such as and , while achieving 99% on-time shipping rates and over 97% on-time delivery performance. These operations are powered by that digitizes data, offering importers and exporters centralized control over costs, timelines, and risks. Serving more than 10,000 clients globally, Flexport combines algorithmic optimization with human expertise to handle complex , from factory sourcing to final distribution. This tech-forward approach distinguishes it from traditional forwarders by emphasizing data-driven decision-making and scalability.

History

Inception and Early Development (2013–2017)

Flexport was founded on April 1, 2013, by Ryan Petersen in San Francisco, California, with the aim of modernizing the freight forwarding industry through technology-enabled logistics services. Petersen, who had previously founded ImportGenius in 2006—a platform providing global trade data—drew from his experiences in importing and reselling goods in the early 2000s to identify inefficiencies in traditional freight forwarding, such as opaque pricing and manual processes. The company launched as a digital freight forwarder, integrating software to connect shippers' enterprise resource planning (ERP) systems with carrier data, thereby automating visibility and coordination in global supply chains. In its initial years, Flexport addressed the challenges of building a two-sided marketplace by securing conditional commitments from shippers and leveraging its software platform to negotiate with ocean carriers. The company joined Y Combinator's 2014 batch, benefiting from mentorship under Paul Graham, which helped refine its customer acquisition strategy amid initially labor-intensive operations. Early growth focused on direct outreach to importers, emphasizing superior user experience over traditional forwarding's paperwork-heavy model; by 2016, Flexport had achieved $200 million in annual revenue without dedicated sales or marketing teams, serving clients including manufacturers requiring reliable ocean and air freight coordination. Funding supported this expansion: Flexport raised an initial seed round totaling approximately $6.6 million before securing a $20 million Series A in August 2015, led by Peter Thiel's , bringing cumulative funding to $26.6 million and enabling product development and team growth. In September 2016, a $65 million Series B round, backed by investors including , pushed total capital to $94 million, funding global office openings and platform enhancements for multimodal logistics. By September 2017, a Series C round valued the company at $800 million, reflecting investor confidence in its tech-driven disruption of a fragmented industry despite ongoing manual elements in operations.

Rapid Growth and Expansion (2018–2022)

During this period, Flexport's revenue expanded significantly amid rising global trade volumes and demand, particularly accelerated by supply chain disruptions from the . Net revenue grew from $88 million in 2018 to $134 million in 2019, $260 million in 2020, $660 million in 2021, and reached $1 billion in 2022, reflecting an approximately elevenfold increase over four years. The company handled merchandise shipments valued at nearly $19 billion across 112 countries in 2021 alone, doubling its prior year's revenue to approximately $3.2 billion in gross terms. Flexport secured substantial funding to fuel operations and technology investments. In February 2019, it raised $1 billion in a Series D round, followed by a $935 million Series E round in February 2022 led by and MSD Partners, with participation from , valuing the company at $8 billion post-money. These infusions supported scaling amid volatile freight rates and port congestion, enabling Flexport to prioritize resilience in visibility. Geographic and operational expansion marked aggressive infrastructure buildup. In January 2018, Flexport announced new offices in , , and , , to enhance European and North American coverage. By July 2021, it operated 17 global offices and five warehouses, moving over $10 billion in annual goods with more than 2,000 employees. Headcount approached 3,000 by mid-2022, with presence in 23 countries, including further EMEA and APAC openings in early 2022 to capitalize on regional trade growth. Strategic acquisitions bolstered technological capabilities. In August 2018, Flexport acquired Fieldbook, a software firm, for $1.5 million to integrate advanced tracking tools. In October 2019, it purchased Crux Systems, enhancing customs brokerage and compliance automation. These moves complemented organic growth, positioning Flexport as a data-driven alternative to traditional freight forwarders during a era of heightened complexity.

Restructuring and Challenges (2023–2024)

In early 2023, Flexport underwent a transition when Dave Clark, a former executive, assumed the role of sole CEO in March, succeeding co-CEOs Ryan Petersen and others amid efforts to scale operations during a freight market slowdown. Clark's tenure, lasting about seven months, involved aggressive cost-cutting proposals, including recommendations to exit certain partnerships like the acquisition of Shopify's , but faced internal resistance and culminated in his abrupt resignation on September 6, 2023. Petersen, Flexport's founder, returned as CEO on September 7, 2023, citing the need to refocus on core freight forwarding amid economic pressures. The company implemented multiple workforce reductions as part of restructuring to address overexpansion from the pandemic-era shipping boom. In January 2023, Flexport laid off 20% of its global staff, approximately 640 employees, attributing the cuts to lower freight volumes following peak demand. This was followed by another 20% reduction in October 2023, affecting around 600 workers, driven by a sharp downturn in international ocean and air shipping rates that eroded revenue after a 70% year-over-year decline in some metrics. Petersen described the moves as necessary to eliminate redundancies and prioritize profitability, offering severance including 16 weeks' pay and extended benefits. Challenges persisted into 2024, with further layoffs in January cutting about 20% of staff, or roughly 500 employees, as the firm grappled with sustained market volatility and the need to streamline operations. In October 2024, Flexport reduced its U.S. workforce by 2%, targeting its fulfillment division to cut costs in underperforming warehousing amid a pivot back to core strengths. These actions reflected broader industry headwinds, including normalizing freight rates post-2022 peaks and geopolitical disruptions, though revenue grew to an estimated $2.1 billion in 2024 from $1.6 billion in 2023, primarily via ocean freight recovery. Despite these efforts, Flexport missed its 2024 profitability target, prompting continued emphasis on efficiency under Petersen's leadership.

Path to Profitability (2025)

In September 2025, Flexport announced projections for technical profitability in 2025, largely attributable to a one-time from the divestiture of its freight-matching platform, acquired during earlier expansion efforts. This sale provided a material financial boost, enabling the company to report positive net income for the year on a consolidated basis. CEO Ryan Petersen emphasized, however, that excluding the Convoy proceeds, Flexport would not achieve profitability in 2025, describing the milestone as non-recurring and shifting the target for sustainable, operations-driven profits to 2026. This adjustment reflects ongoing challenges in the freight forwarding sector, including volatile shipping rates and subdued demand growth, despite Flexport's platform efficiencies and AI-driven tools unveiled at its Flexport Forward 2025 event in October. The path incorporates prior restructurings, such as workforce reductions and service line optimizations from 2023–2024, which aimed to align costs with normalized post-pandemic volumes; these measures contributed to improved gross margins entering 2025, though specific quarterly financials remain undisclosed as a private entity. Earlier optimism in March 2025 positioned year-end breakeven as feasible through fulfillment expansions and partnerships, like a $250 million facility with , but market softening has tempered those expectations.

Business Model and Services

Freight Forwarding and Logistics Platform

Flexport operates as a technology-enabled , coordinating shipments by brokering services from multiple carriers and providers while leveraging a cloud-based to manage global . The integrates with visibility tools, allowing users to handle ocean, air, and rail shipments alongside ancillary services such as brokerage and . This asset-light model emphasizes software-driven efficiency over owning physical assets, enabling scalability through partnerships with carriers and a network spanning over 100 countries. Core freight forwarding services include full-container-load (FCL) and less-than-container-load (LCL) ocean freight for high-volume international shipping, air freight for time-sensitive with options for charters, and multimodal options for domestic and cross-border transport. Trucking services provide full-truckload (FTL) capacity with real-time tracking and competitive rates, integrated directly into the platform for seamless from ports to final destinations. Warehousing and fulfillment operate as (3PL), utilizing approximately 5 million square feet across U.S. facilities to support two-day delivery timelines for and inventory management. The Flexport Platform serves as the central hub, offering an online for end-to-end visibility from creation to delivery, incorporating for predictive tracking via satellite data and integrations with systems like . Users benefit from automated booking, cost comparisons, and -powered tools such as Flexport Intelligence for market insights and duty optimization, with recent 2025 updates introducing over 20 generative features to enhance forecasting and . Customs clearance is streamlined through expert teams handling and , reducing processing times compared to traditional forwarders. Complementary offerings include and financing, monetized alongside forwarding margins to support comprehensive orchestration. As of recent operations, the connects nearly 10,000 customers with suppliers across 116 countries, facilitating shipments with high net promoter scores in the 70s—far exceeding industry averages—due to features like customizable dashboards and 24/7 support that save users an average of four hours weekly on administrative tasks. This integration of data analytics and human expertise differentiates Flexport from legacy forwarders, prioritizing and predictive capabilities to mitigate disruptions in volatile global trade lanes.

Technology Integrations and Acquisitions

Flexport has pursued strategic acquisitions to bolster its technological capabilities in and . In May 2023, the company announced the acquisition of Shopify Logistics, including the fulfillment platform , which added six U.S. warehouses, B2B distribution, and last-mile delivery services to Flexport's offerings, enabling end-to-end fulfillment. The deal, completed in 2023 for an undisclosed amount, integrated Deliverr's technology for rapid order picking, packing, and shipping, particularly targeting two-day delivery for sellers. In October 2023, Flexport acquired the platform and intellectual property of , a digital freight network focused on trucking , launching it as its own freight-matching tool to enhance domestic ground transportation efficiency. However, in July 2025, Flexport sold the platform to Freight & Analytics for $250 million, less than two years after the purchase, as part of efforts to streamline operations and focus on core profitability drivers. Beyond acquisitions, Flexport emphasizes and EDI integrations with major and marketplace platforms to facilitate seamless data exchange for order management, inventory tracking, and shipment visibility. Key integrations include for direct order syncing and fulfillment, for two-day delivery access, for website-to-logistics connectivity, and platforms like and for multichannel seller support. These enable automated workflows, reducing manual interventions in supply chains. Flexport has also formed partnerships to extend its tech ecosystem. In August 2024, it partnered with Veho for next- and two-day parcel delivery and returns, integrating Veho's platform for scalable last-mile options across business sizes. Similar collaborations include for international expansion support and for up to $250 million in supply-chain financing, leveraging Flexport's data for risk-assessed lending. These integrations and alliances prioritize data-driven , though their effectiveness depends on platform-specific adoption rates and ongoing maintenance.

Funding and Financial Performance

Key Investment Rounds

Flexport secured its initial seed funding through in 2014, providing early capital to develop its logistics platform. Subsequent early-stage rounds included Series A and Series B investments, though specific amounts for these were relatively modest compared to later financings, totaling under $100 million combined to fuel initial operations and technology builds. A pivotal Series D round occurred in February 2019, raising $1 billion led by , which enabled significant expansion in global freight forwarding capabilities and international offices. This infusion marked Flexport's entry into status with a exceeding $3 billion, reflecting investor confidence in its software-driven disruption of traditional logistics. The company's largest equity raise to date was its Series E in February 2022, securing $935 million co-led by and MSD Partners, with participation from , , and others, valuing Flexport at $8 billion. Funds were allocated to enhance amid pandemic disruptions, including investments in visibility tools and carrier networks. Post-2022, Flexport pursued non-dilutive financing, including a $200 million from in October 2022 to support working capital needs. In January 2024, it raised $260 million via a convertible note led by , providing bridge funding amid market headwinds without further equity dilution. These rounds contributed to a cumulative total exceeding $2.5 billion, though subsequent valuations adjusted downward to approximately $3.8 billion by late 2024 based on indicators.

Valuation Fluctuations and Profit Projections

Flexport's valuation reached a peak of $8 billion following its Series E funding round of $935 million in February 2022, driven by surging global freight demand during the . This marked a rapid escalation from earlier rounds, including a $1 billion Series D in 2021 that valued the company at approximately $3.2 billion pre-money. However, post-pandemic normalization of supply chains and a sharp decline in ocean freight rates led to significant valuation compression; by late 2023, secondary market trading implied a valuation as low as $2.1 billion, representing a 73% drop from the 2022 peak. In , Flexport's valuation stabilized at around $3.8 billion amid revenue growth to $2.1 billion, a 30% increase from , reflecting partial recovery through cost-cutting and operational efficiencies implemented after multiple layoffs. Analysts attributed the earlier fluctuations to cyclical industry pressures rather than fundamental flaws in Flexport's model, though skepticism persisted regarding the sustainability of tech-driven valuations in a commoditized freight . No new primary rounds occurred post-2022, with the company relying on its cumulative $2.5 billion in raised capital to navigate the downturn. Regarding profit projections, Flexport's CEO Ryan Petersen stated in March 2025 that the company aimed for profitability by year-end, citing improved margins from fulfillment expansions despite missing earlier targets due to weaker demand. By September 2025, updated forecasts projected overall profitability for the year, bolstered by the sale of its freight-matching platform, though Petersen qualified this as not fully reflective of core operations and emphasized a firmer target for 2026. Independent estimates aligned with expectations of positive EBITDA by late 2025, contingent on sustained revenue growth and freight rate stability, following the company's shift away from unprofitable growth pursuits. These projections remain subject to global trade volatility, including potential escalations and capacity constraints forecasted at 7-11% growth through 2025.

Leadership and Management

Ryan Petersen and Founding Team

Ryan Petersen founded Flexport in 2013 with the aim of modernizing the freight forwarding industry through technology, drawing from his firsthand experiences with inefficiencies while importing and reselling goods such as snowboards in the early 2000s. After graduating from the with a in economics, Petersen relocated to in 2005 to manage his import operations, where he encountered opaque processes and data silos that hindered global trade visibility. He later earned an MBA from in 2008, which informed his approach to building a software-driven platform. Prior to Flexport, Petersen co-founded in 2007 alongside his brother David Petersen and Michael Kanko, a data analytics firm that aggregated and analyzed U.S. import records to provide market intelligence for importers and exporters. This venture honed his expertise in leveraging for trade insights, but Petersen identified broader gaps in end-to-end logistics execution, prompting him to launch Flexport as a full-service integrated with for shipment tracking, customs clearance, and carrier management. The core founding team centered on Petersen, with early key hires forming the initial executive group to scale operations from . Sanne Manders joined in 2014 as an early executive and founding member, initially focusing on operations, procurement, and carrier relations before advancing to roles including and later of Ocean and Air, overseeing freight modes and . Manders' contributions emphasized building carrier partnerships and , complementing Petersen's vision for a tech-enabled platform that could handle complex global shipments for over 10,000 clients by the early 2020s. Other early team members included specialists who helped establish Flexport's initial presence in and air freight, though Petersen remained the primary architect and has continuously led as CEO since inception.

Executive Transitions and Internal Dynamics

In June 2022, Flexport founder Ryan Petersen announced that Dave Clark, former senior vice president of worldwide operations at , would join as CEO effective September 1, 2022, with a six-month co-CEO transition period to facilitate a handover. Clark's appointment aimed to accelerate Flexport's expansion into fulfillment and last-mile delivery, leveraging his expertise, but it marked a shift toward a more operations-heavy structure. Clark's tenure lasted approximately one year, ending abruptly on September 5, 2023, when he submitted his resignation, which the board initially rejected before Petersen resumed the CEO role. Petersen cited Clark's overemphasis on costly last-mile technology investments at the expense of core freight forwarding and customer priorities, alongside undisciplined spending that inflated headcount without proportional revenue growth. This leadership clash reflected deeper internal tensions over strategic direction, with Petersen advocating a return to logistics fundamentals amid post-pandemic market normalization and declining freight rates. Clark's exit triggered a wave of executive departures, including Teresa Carlson (head of carrier management) and Darcie Henry (chief people officer), both recruited during Clark's , as well as other senior figures who announced exits around the same period. In response, Petersen rescinded dozens of job offers extended under prior expansion plans and initiated a 20% reduction in September 2023 to realign costs with revenue realities. By October 2023, Petersen reorganized the executive team, promoting veterans like Jonathan Moore to and retaining logistics-focused leaders to emphasize operational efficiency over rapid scaling. These transitions exposed internal dynamics of mismatched visions between tech-disruption ambitions and freight industry , contributing to high turnover and misallocation. Petersen later described the period as a necessary correction, prioritizing "poise" and principles to rebuild discipline, though critics noted it highlighted risks in hiring external executives without deep sector alignment. Further adjustments, including a 2% staff cut in October 2024, underscored ongoing efforts to stabilize amid profitability pressures, with no major upheavals reported through mid-2025.

Controversies and Criticisms

Multiple Layoff Rounds

In response to a post-pandemic freight market downturn, Flexport conducted its first major layoff round in January 2023, reducing its global workforce by approximately 20%, or about 600 employees. The company attributed the cuts to macroeconomic pressures and overstaffing from rapid hiring during the COVID-19 supply chain boom, with severance packages including 12 weeks' pay and extended health benefits for U.S. staff. A second significant round followed in October 2023, again targeting 20% of the workforce—roughly 600 positions—amid internal leadership turmoil after the brief tenure of CEO Dave Clark, who resigned after less than two months. Layoffs began on October 13 and focused on areas like , as Flexport sought to streamline operations and refocus on core freight forwarding services rather than expansive tech initiatives. By January 2024, Flexport announced a third round, cutting about 15% of staff or around 500 employees, marking continued efforts to achieve profitability amid persistent industry headwinds and valuation resets. This followed a $260 million from founder Ryan Petersen to stabilize finances, with the reductions emphasizing efficiency in non-core functions. In October 2024, the company implemented a smaller fourth round, reducing management and fulfillment teams by 2% to align with a strategic shift toward integrating Shopify's assets and prioritizing forwarding operations. These cumulative cuts, totaling over 40% of peak headcount from a high of around 3,200 employees, reflected Flexport's pivot from aggressive growth to cost discipline, though critics noted the rounds exposed vulnerabilities in its high-valuation, tech-disrupted model.

Leadership Instability and Overspending Claims

In June 2022, Flexport founder Ryan Petersen stepped down as CEO after nearly a decade leading the company through rapid growth, appointing Dave Clark, a former executive with two decades of experience, to replace him. Clark's tenure lasted approximately 14 months, ending abruptly in late August 2023 when Petersen resumed the CEO role, citing a need to refocus on core operations amid market challenges. This swift reversal drew scrutiny for signaling internal disarray, particularly as it preceded a 20% workforce reduction announced in October 2023, affecting around 600 employees and exacerbating perceptions of leadership volatility. Petersen attributed Clark's dismissal to a loss of spending discipline, alleging that Clark prioritized expensive technology initiatives over and freight volume growth, leading to overhiring—particularly in —and excessive cash burn. In public statements, Petersen described the period as one of overinvestment, stating, "We hired too many software engineers, more than we could afford. We were spending too much money and we weren't growing fast enough." Allies of Petersen echoed these claims to media outlets, while internal documents reviewed by indicated that Petersen and the board had initially approved Clark's hiring and expansion strategies, suggesting shared responsibility for the fiscal missteps rather than unilateral fault. The episode fueled broader criticisms of executive instability at Flexport, with observers noting the risks of installing an external leader from a dissimilar like retail, which allegedly diverted resources from fundamentals during a freight market downturn. No further CEO changes have occurred since Petersen's return, though the company's restructuring efforts post-2023, including additional layoffs, were framed as corrective measures to address the prior overspending.

Skepticism from Industry Rivals

Industry rivals in freight forwarding and technology have voiced doubts about Flexport's claims of technological disruption, arguing that its software capabilities mirror those already offered by major incumbents. Executives from top forwarders contend that tools for shipment , tracking, and management are commonplace, undermining Flexport's narrative of innovation. Robert Khachatryan, CEO of rival firm Freight Right Global Logistics, has criticized Flexport founder Ryan Petersen for oversimplifying challenges, stating that Petersen "tends to simplify things a lot" and "appears sometimes uninformed" on operational realities like stacking and constraints. Adam Banks, a former executive, dismissed the core value of Flexport's data visibility features, noting they solve "a problem that shouldn’t exist" since carriers and forwarders retain control over proprietary information. Jett McCandless, CEO of supply chain visibility provider project44—a direct competitor in tech-enabled —expressed a preference for neutral platforms over Flexport's competitive approach, describing it as a "brash competitor" that alienates potential partners. Broader industry skepticism questions whether Flexport delivers a substantially novel product or simply a more user-friendly interface atop existing functionalities. Freight forwarding veterans have also challenged Flexport's business model for overemphasizing digital tools at the potential neglect of physical operations and relationships, contributing to perceptions of unproven scalability amid market downturns. Such views gained traction as Flexport navigated profitability struggles, with rivals highlighting its absence from top global forwarder rankings despite heavy venture funding.

Innovations and Impact

Technological Advancements

Flexport's core platform integrates advanced software to provide end-to-end visibility and management of global , including shipment tracking, brokerage, and freight forwarding, leveraging data analytics and for real-time decision-making. The company emphasizes a technology-first approach, combining proprietary datasets from its operations with models to optimize supply chains, such as through automated document processing via partnerships like Scale AI, which deploys fine-tuned ML for high-accuracy paperwork handling without predefined templates. In recent years, Flexport has accelerated adoption, particularly generative (GenAI) for enhanced predictive capabilities and user interfaces. The February 2025 release introduced over 20 -powered products, including upgrades to visibility tools with fail-safe notifications and GenAI-driven insights for control, aimed at reducing disruptions from tariffs and volatility. Flexport Intelligence, a key component, enables users to query data via , generating immediate on metrics like delays or costs through -powered Insights Builder. The Fall 2025 Technology Release, announced on October 14, 2025, featured more than 25 new and tech tools, highlighted by the Technology Suite, which automates tariff classification, duty calculations, and compliance using trained on global and data to minimize errors and costs amid trade policy shifts. Earlier, the Winter 2025 update built on this with innovations for proactive , such as Flexport Control Tower for from order to delivery. These advancements draw from Flexport's internal hackathons, like the 2024 event focused on embedding across business functions, fostering of tools for and automation. Flexport's tech stack also includes developer-friendly APIs and electronic data interchanges (EDIs) for seamless , enabling scalability in trucking and ocean freight optimization, though the company maintains a model balancing algorithms with human expertise for complex scenarios. This positions Flexport to address empirical challenges in , such as gaps, through -driven causality rather than traditional processes.

Market Influence and Criticisms of Hype

Flexport has exerted influence in the logistics sector primarily through its software platform, which integrates freight forwarding with data analytics to enhance visibility and efficiency in global supply chains. By 2022, the company had grown to become the sixth-largest freight forwarder in the transpacific trade lane, leveraging technology to automate processes traditionally reliant on manual coordination. Its proprietary tools, including APIs for real-time data access, have enabled clients to optimize inventory and mitigate disruptions, contributing to broader adoption of digital solutions amid events like the COVID-19 supply chain strains. In the 2025 rankings of top ocean freight forwarders, Flexport placed 43rd globally, reflecting a solid but not dominant position in a fragmented market. The company's outputs, such as the Ocean Timeliness Index and global logistics updates, have informed industry stakeholders on trends like impacts and freight rates, fostering data-driven decision-making. With 2024 reaching $2.1 billion—a 30% increase from 2023—Flexport's growth underscores its role in digitizing a $192.5 billion freight forwarding market projected to expand at 4% CAGR through 2034. Critics have questioned the hype surrounding Flexport as a revolutionary disruptor, pointing to discrepancies between its peak $8 billion valuation in and subsequent markdowns, with estimates suggesting an 80% decline amid operational challenges. Industry observers likened its trajectory to overvalued unicorns like , arguing that enthusiasm inflated expectations without commensurate volume gains or sustainable profitability. Founder Ryan Petersen has defended against claims of overvaluation, but skeptics highlight that projected 2025 profitability stems largely from a one-time gain via the Convoy asset sale rather than core operations. Such criticisms extend to Flexport's , often 20-40% above competitors, which some attribute to as a tech premium rather than proven superior outcomes in a commoditized forwarding space. While the platform's visibility tools offer value, detractors argue it has not fundamentally upended entrenched players, with growth reliant on market tailwinds like booms rather than proprietary tech breakthroughs. Delays in achieving operational profitability into 2024, amid softer demand, further tempered narratives of inevitable dominance.

References

  1. [1]
    Supply Chain + Logistics Solutions - About - Flexport
    Flexport offers supply chain and logistics solutions to make global trade easier, centered around a platform built for importers and exporters to manage ...
  2. [2]
    Flexport | Company Overview & News - Forbes
    Flexport is a full-service global freight forwarder and logistics platform using modern software to fix the user experience in global trade.
  3. [3]
    Flexport's Ryan Petersen joins the Builders Stage at Disrupt 2025
    Sep 8, 2025 · Since launching Flexport in 2013, Ryan Petersen has helped more than 10,000 companies move over $175 billion worth of goods worldwide, raising ...
  4. [4]
    Flexport Business Breakdown & Founding Story - Contrary Research
    May 9, 2025 · Flexport is a digital freight forwarder and supply chain platform that streamlines global logistics through software.
  5. [5]
    Crunchbase Unicorn Company List
    Flexport, $8B, $2B, Shopify ... New companies are added to this unicorn company list as they reach the $1 billion valuation mark as part of a funding round.Missing: history | Show results with:history
  6. [6]
    Why Flexport CEO Ryan Petersen took his company back - The Verge
    Dec 19, 2023 · Ryan handed off the CEO role to 20-year Amazon veteran Dave Clark, decided it wasn't working out, and then fired Dave and returned as CEO just a few months ago.<|control11|><|separator|>
  7. [7]
    Flexport Projects 2025 Profit from Convoy Sale, Eyes More Market ...
    Sep 15, 2025 · Flexport anticipates it will be in profitable in 2025 thanks to the freight tech company's sale of the Convoy freight-matching platform.
  8. [8]
    How freight master Flexport's Ryan Petersen learned to CEO
    Apr 26, 2020 · Soon Petersen was moving bigger items longer distances, buying scooters in China and selling them online in the States. By 2005, Petersen was ...
  9. [9]
    Ryan Petersen on Building Flexport, a Modern Freight Forwarder
    Aug 29, 2018 · Ryan Petersen is the founder and CEO of Flexport. Flexport is a global freight forwarder powered by software and analytics. They are making international trade ...<|control11|><|separator|>
  10. [10]
    Flexport: Platform for global logistics. - Y Combinator
    Platform for global logistics. Founded in 2013 by Ryan Petersen, Flexport has 3000 employees based in San Francisco, CA, USA.Missing: headquarters | Show results with:headquarters
  11. [11]
    Contact Us - Flexport
    Flexport Headquarters 760 Market Street, 8th Floor, San Francisco, CA 94102 Phone International: +1 (415) 231-5252 | Toll Free: (855) 353-9123
  12. [12]
    Flexport Inc - Company Profile and News - Bloomberg Markets
    Aug 27, 2025 · Flexport, Inc. designs and develops software solutions. The Company offers platform for freight forwarding and logistics services.
  13. [13]
    Flexport Offices: Locations & Headquarters - Built In
    U.S. Office Locations ; San Francisco, California, USA. Our headquarters are located in the heart of downtown San Francisco with easy access to the office via ...
  14. [14]
    Flexport Inc Company Profile - Overview - GlobalData
    Flexport Inc (Flexport) is a provider of logistics and supply chain solutions. The company services include air and ocean freight, customs brokerage, trucking, ...
  15. [15]
    Flexport: The Supply Chain Logistics Platform
    empowering businesses to ship anywhere, sell everywhere and grow ...About Us · Careers · Contact Us · Flexport
  16. [16]
    FCL Ocean Freight Shipping | Flexport
    Flexport Ocean Freight is a global shipping solution that helps businesses move ocean cargo efficiently across international trade lanes. It combines ocean ...
  17. [17]
    Air Freight | Fastest Goods Shipments & Charters - Flexport
    Flexport offers fast, reliable air freight with real-time tracking, cost comparison, dedicated charters, and high security with GPS tracking.
  18. [18]
    https://www.flexport.com/products/ecommerce-fulfillment/
  19. [19]
    [PDF] The Platform Firm Flexport: Benefitting from its cluster and the ...
    Petersen founded Flexport in March 2013 as a spin-off of ImportGenius. Flexport began operations as a freight forwarder with the intent of automating and ...
  20. [20]
    Peter Thiel Leads $20M Series A Investment in Flexport
    Aug 7, 2015 · Flexport has raised $20 million in Series A financing. This brings our total capital raised to-date at $26.6 million. Peter Thiel of Founders Fund led the ...Missing: 2013-2017 | Show results with:2013-2017
  21. [21]
    Flexport Raises $65M to Fund Global Expansion
    Sep 26, 2016 · Today we're announcing that we've raised a Series B round of $65M to fund our global expansion, bringing our total capital raised to $94M.Missing: timeline 2013-2017
  22. [22]
    Freight startup Flexport soars from 'unsexy' to $800M valuation
    Sep 21, 2017 · Initially, Flexport was receiving offers valuing it at over $1 billion, but turned those down in favor of a more manageable valuation.
  23. [23]
    Flexport's valuation is likely 80% lower than its last valuation of $8B
    Sep 11, 2023 · In 2022, Flexport raised $935M at a valuation of $8B from an all-star group of investors including Andreessen Horowitz (a16z), MSD Partners, ...
  24. [24]
    Flexport: 2022 CNBC Disruptor 50
    May 17, 2022 · Founder: Ryan Petersen (CEO) Launched: 2013. Headquarters: San Francisco Funding: $2.2 billion. Valuation: $8 billion
  25. [25]
    Flexport: Revenue, Competitors, Alternatives - Growjo
    Flexport received $1000.0M in venture funding in February 2019. Flexport's estimated revenue per employee is $3,939,744; Flexport's total funding is $2.5B.
  26. [26]
    Flexport Raises $935 Million to Boost Resilience and Visibility in ...
    Feb 7, 2022 · Today, we're excited to share that we've raised a $935 million Series E funding round—led by Andreessen Horowitz and MSD Partners, with ...Missing: seed AB timeline
  27. [27]
    New Offices to Come in Hamburg & Chicago - Flexport
    Jan 30, 2018 · I'm excited to share that in the coming months, we'll be opening our first German office in Hamburg, and our fifth US office in Chicago.Missing: 2018-2022 | Show results with:2018-2022<|separator|>
  28. [28]
    Building a tech hub outside Silicon Valley - Flexport Engineering
    Jul 7, 2021 · Today, Flexport moves over $10b worth of goods across the world annually with over 2,000 employees, 17 global offices and 5 global warehouses.
  29. [29]
    Flexport seeks to expand operations in EMEA and APAC regions
    Mar 21, 2022 · Flexport is opening new offices in the Europe, Middle East and Africa (EMEA) and Asia-Pacific (APAC) regions to further expand its business.
  30. [30]
    Fund Flexport stock options - Equitybee
    According to Crunchbase, Flexport has raised a total of $2.2 billion over 13 funding rounds; the company's latest funding round was a $935 million Series E ...Missing: timeline | Show results with:timeline
  31. [31]
    The inside story of Dave Clark's tumultuous last days at Flexport
    Oct 2, 2023 · "Ryan Petersen returned as CEO in order to restore Flexport's ... By January 2023, CEO Tobias Lutke knew he needed to get rid of Deliverr.
  32. [32]
    Flexport Founder Ryan Petersen to Return as CEO - TT
    Sep 7, 2023 · Flexport Inc. CEO Dave Clark is abruptly leaving the startup after a year at the company, making way for the return of its founder, Ryan Petersen.
  33. [33]
    Flexport to lay off 20% of its global workforce - CNBC
    Jan 11, 2023 · Supply chain software startup Flexport is laying off 20% of its global workforce, or roughly 640 employees, according to a memo from co-CEOs Ryan Petersen and ...
  34. [34]
    Flexport lays off 600 workers amid difficult freight market
    Oct 13, 2023 · Flexport has suffered a significant drop in revenue from the steep downturn in international ocean and air shipping over the past 18 months.
  35. [35]
    Flexport to cut 20% of staff one month after CEO shakeup - CNN
    Oct 12, 2023 · He returned to his role as CEO last month after Dave Clark, a former Amazon executive who came on a year ago as CEO, announced his resignation.<|separator|>
  36. [36]
    Flexport plans to lay off 20% of workforce, say insiders - FreightWaves
    Jan 26, 2024 · Insiders disclosed that the company is considering a workforce reduction of approximately 20%, potentially affecting close to 500 employees.
  37. [37]
    https://www.wsj.com/articles/flexport-cuts-fulfillment-staff-in-push-to-reduce-costs-7071ead0
  38. [38]
    Flexport revenue, valuation & growth rate | Sacra
    Aug 31, 2025 · The company has raised approximately $2.5 billion in total funding since its founding in 2013. Key investors include SoftBank Vision Fund, ...Missing: timeline | Show results with:timeline
  39. [39]
    Freight Startup Flexport Misses Profitability Target | Paul Berger
    Mar 27, 2025 · Flexport missed its target to hit profitability in 2024. Flexport says 2024 revenue was $2.1 billion. Flexport says that is up from $1.6 billion in revenue in ...Missing: difficulties | Show results with:difficulties
  40. [40]
    https://www.wsj.com/articles/freight-startup-flexport-forecasts-profitability-in-2025with-an-asterisk-0421037c
  41. [41]
    Flexport's “Profitability” Moment: What Technical Profit Signals—and ...
    Flexport states it will hit technical profitability in 2025. The figure is supported by a material one-time gain from an asset sale rather than recurring ...
  42. [42]
    Flexport pushes back profit ambition to 2026 - ShippingWatch
    Technically, a divestment has meant that the US freight forwarder expects to be profitable by 2025, but for CEO Ryan Petersen that doesn't count.
  43. [43]
    Freight Startup Flexport Forecasts Profitability in 2025—With ... - MSN
    Petersen said the company won't be profitable in 2025—as he had projected earlier this year—when excluding the sale of Convoy. He said Flexport is on track for ...<|separator|>
  44. [44]
    https://www.flexport.com/blog/flexport-forward-2025-thats-a-wrap/
  45. [45]
    Flexport Targets Profitability by End of 2025 - Sourcing Journal
    Mar 27, 2025 · Flexport's road to profitability is a longer one than expected, but its founder is optimistic 2025 is the year the freight forwarder pushes through.
  46. [46]
    Flexport boosts supply chain finance funds for customers
    Aug 28, 2025 · Flexport is to ease the path for customers with an additional $250m in supply chain finance through a partnership with BlackRock.
  47. [47]
    Meet the Digital Freight Forwarder for Ocean, Air and Rail - Flexport
    Flexport provides a full array of freight forwarding and logistics services, including ocean freight, air freight, trucking, and warehousing.
  48. [48]
    Flexport's New Tech and AI-Powered Products to Transform Global ...
    Feb 25, 2025 · Flexport launched more than 20 tech and AI-powered products, which leverages GenAI to give more visibility into the supply chain.
  49. [49]
    Flexport Acquires Shopify Logistics and Deliverr
    May 4, 2023 · Flexport is acquiring the assets of Shopify Logistics, including Deliverr. This is an exciting time for Flexport.Missing: partnerships 2018-2022
  50. [50]
    Flexport Adds Fulfillment, B2B Distribution and Last Mile Delivery to ...
    Jun 6, 2023 · Flexport, the leading tech-driven logistics platform, today announced the successful completion of its acquisition of Shopify Logistics, including Deliverr, ...
  51. [51]
    DAT to acquire the Convoy Platform from Flexport
    Jul 28, 2025 · Flexport acquired the Convoy Platform and related intellectual property in October 2023 and launched the Convoy Platform as a freight-matching ...
  52. [52]
    Less than 2 years after Flexport bought Convoy's tech stack, it's ...
    Jul 28, 2025 · Flexport is selling the Convy tech stack to DAT, less than two years after it bought it from the defunct digital brokerage.<|separator|>
  53. [53]
    Integrations | Flexport
    BigCommerce can power your eCommerce efforts with an easy way to build a website, integrate your channels, and fulfill orders with Flexport.
  54. [54]
    Flexport Integrations | Walmart
    Our direct Walmart integration enables sellers to fulfill orders quickly and affordably by giving you pre-approved access to Walmart 2-day delivery at ...
  55. [55]
    Overcoming Supply Chain Transparency Hurdles With Technology
    Sep 28, 2023 · Discover Flexport APIs and EDIs to speed, scale, and optimize your supply chain. Developer tools make it easy to instantly access logistics ...
  56. [56]
    Flexport and Veho Announce Partnership, Enabling Businesses of ...
    Aug 28, 2024 · Flexport enables businesses of all sizes to access Veho's unique parcel delivery and returns platform, offering next-day and two-day delivery capabilities.Missing: acquisitions 2018-2022<|control11|><|separator|>
  57. [57]
    Flexport and Passport Announce Partnership to Provide ...
    Aug 8, 2024 · The partnership between Flexport and Passport makes it easier for brands to get products to customers outside of the US, allowing brands to ...
  58. [58]
    Flexport Partners with BlackRock to provide $250 million in supply ...
    Aug 28, 2025 · Flexport has secured up to $250 million in supply-chain financing through a new partnership with funds and accounts managed by BlackRock.
  59. [59]
    Flexport - Crunchbase Company Profile & Funding
    Flexport is a full-service global freight forwarder and logistics platform using modern software to fix the user experience in global trade.
  60. [60]
    List of funding rounds for Flexport | 10 results - Golden
    List of funding rounds for Flexport ; ‌. Flexport funding round, September 2017. Flexport raised a Series C round for 800,000,000 USD in September, 2017. ; ‌.
  61. [61]
    Flexport 2025 Company Profile: Valuation, Funding & Investors
    When was Flexport founded? Flexport was founded in 2013. ; Where is Flexport headquartered? Flexport is headquartered in San Francisco, CA. ; What is the size of ...
  62. [62]
    Flexport Funding & Investors - Employbl
    Flexport Funding Rounds · Convertible Note. $260,000,000. Jan 17, 2024 · Debt Financing. $200,000,000. Oct 18, 2022 · Series E $935,000,000. Feb 5, 2022 · Series D.
  63. [63]
    Flexport stock 2024 outlook - IPO CLUB
    Dec 25, 2023 · Flexport stock price​​ Flexport implied secondary market valuation is 2.1 billion dollars down 73% from its March 2022 $8bn round.Missing: fluctuations | Show results with:fluctuations
  64. [64]
    Flexport - 2025 Funding Rounds & List of Investors - Tracxn
    Oct 18, 2025 · Flexport's Funding Rounds. Flexport has raised a total of $2.5B over 10 funding rounds: 1 Seed, 2 Early-Stage, 5 Late-Stage and 2 Debt rounds.
  65. [65]
    Inside the Early Days of the NYC Tech Companies Reshaping ...
    May 29, 2020 · Founded by: Ryan Petersen in 2013. The founding story: Petersen's experience with international shipping dates back to the early 2000s when ...Missing: history | Show results with:history
  66. [66]
    Ryan Petersen - CEO & Founder @ Flexport - Crunchbase
    He holds a degree in economics from the University of California, Berkeley and an MBA from Columbia University. Personal Investments.Missing: biography | Show results with:biography
  67. [67]
    Ryan Petersen '08 - Columbia Business School
    Ryan Petersen is the Founder and CEO of Flexport, a leader in global supply chain technology. In 2022, companies of all sizes – from emerging brands to Fortune ...
  68. [68]
    411: Ryan Petersen (CEO of Flexport) - How To Build A High ...
    Ryan Petersen is the CEO and Founder of Flexport. Prior to starting Flexport to fix the user experience in global trade, Ryan was co-founder and CEO of ...Missing: biography | Show results with:biography
  69. [69]
    Ryan Petersen - Flexport
    Ryan Petersen is Founder and CEO of Flexport, a leader in global supply chain technology. Since its inception, more than 10,000 companies of all sizes – from ...
  70. [70]
    Flexport Establishes Ocean and Air Business Group to Strengthen ...
    Nov 7, 2022 · The new business group will be led by Sanne Manders, who has been a founding member of the Flexport executive team and previously served as ...
  71. [71]
    Sanne Manders - President, Flexport Ocean and Air at ... - The Org
    A founding member of the Flexport executive team since 2014, he was previously Chief Operating Officer leading operations, procurement, and carrier relations.
  72. [72]
    Ryan's new leadership team includes many longtime Flexport loyalists
    Oct 14, 2023 · Sanne Manders, part of the Flexport founding team, is President International. Others in the executive team include Stuart Leung, Chief ...Missing: members | Show results with:members
  73. [73]
    Looking Ahead - Dave Clark to Join Flexport As Our New CEO
    Jun 8, 2022 · Dave starts on September 1, 2022 to become the CEO of Flexport and a member of our board. We will be co-CEOs for six months after he joins. I'll ...<|separator|>
  74. [74]
    New Flexport CEO Dave Clark Shakes up the Supply-Chain Startup
    Sep 21, 2022 · In the interview, released Tuesday, Petersen teased a few changes coming at Flexport as the CEO transition progresses. Shake-up at the top.
  75. [75]
    Leading Through a Crisis with Ryan Petersen - The Generalist
    Sep 18, 2025 · In March of 2023, former Amazon exec Dave Clark became the sole CEO of Flexport, taking over from its founder. Just seven months later, he was ...
  76. [76]
    Flexport founder says ousted CEO lost spending discipline
    Sep 12, 2023 · Critics argue Flexport doesn't have any special sauce that makes it stand out from other major freight forwarders.Missing: achievements controversies
  77. [77]
    Two Flexport Executives to Leave After CEO's Abrupt Exit
    Sep 7, 2023 · (Bloomberg) -- Flexport Inc. executives Teresa Carlson and Darcie Henry are leaving the company, both hired during the tenure of Chief ...
  78. [78]
    Several Senior Leaders Left Flexport Before CEO Dave Clark ...
    Sep 8, 2023 · Before former Flexport CEO Dave Clark resigned, several senior leaders announced their own departures ... CEO Ryan Petersen to return to his role ...
  79. [79]
    Flexport CEO Petersen overhauls top management - FreightWaves
    Oct 13, 2023 · Flexport CEO Ryan Petersen has reorganized his executive team after retaking the company reins a month ago, leaning on several veteran managers as well as a ...
  80. [80]
    Flexport leadership change suggests lack of market-defining progress
    Flexport leadership change suggests lack of market-defining progress. Clark has indicated he needs five years to make Flexport “the best supply chain company ...
  81. [81]
    Episode #645: Ryan Petersen (Flexport CEO)
    Jul 20, 2025 · 33:31 – Leadership Transitions at Flexport. 36:44 – Operational Rigor and Lean Principles. 38:44 – The Value of Poise in Leadership. 41:54 ...
  82. [82]
    Flexport to reduce workforce by 2% amid company shift
    Oct 2, 2024 · Since its founding, Flexport has raised $2.35 billion in capital and has been valued at as much as $8 billion by venture capitalists.Missing: fluctuations | Show results with:fluctuations
  83. [83]
    Flexport is laying off 20% of its workforce - CNBC
    Oct 12, 2023 · Supply chain software startup Flexport plans to cut approximately 20% of its global workforce as part of a new round of layoffs that's expected to begin on ...
  84. [84]
    Flexport kicks off restructuring with layoffs - TechCrunch
    Oct 16, 2023 · The company is laying off 20% of its workers, or about 600 people. The layoffs, which began October 13, are the latest drama to ripple through the company.
  85. [85]
    Flexport eliminates even more jobs - Supply Chain Dive
    Jan 31, 2024 · This marks the logistics company's third major round of layoffs over the past year or so, including 20% in December 2022 due to a macroeconomic ...
  86. [86]
    Flexport cuts 2% of staff in latest round of layoffs | Supply Chain Dive
    Oct 4, 2024 · Flexport has instituted at least four rounds of layoffs since December 2022, including a 20% staffing reduction in October 2023 and a 15% ...
  87. [87]
    Flexport to reduce workforce by 2% amid company shift
    Oct 2, 2024 · In January and October 2023, the company had two rounds of layoffs totaling 1,300 workers. In September 2023, Flexport's board dismissed CEO ...
  88. [88]
    Why Flexport's Founder and CEO Replaced Himself ... - Inc. Magazine
    Jun 13, 2022 · After nearly 10 years navigating San Francisco-based global logistics company Flexport through hypergrowth, founder and CEO Ryan Petersen is stepping aside.
  89. [89]
    Flexport founder says ousted CEO lost customer focus, spending ...
    Sep 12, 2023 · Flexport founder says ousted CEO lost customer focus, spending discipline · Heartburn over spending at Flexport · Refocus on freight growth at ...
  90. [90]
    Flexport founder back at controls after appointment took wrong turn
    Jun 28, 2024 · “We overinvested. We hired too many software engineers, more than we could afford. We were spending too much money and we weren't growing fast ...Missing: overspending criticism<|separator|>
  91. [91]
    In wake of CEO departure controversy, Flexport announces another ...
    Oct 5, 2023 · In wake of CEO departure controversy, Flexport announces another round of layoffs. Yet more turmoil was announced by the beleaguered freight ...Missing: achievements | Show results with:achievements
  92. [92]
    Flexport Is Silicon Valley's Solution To The Supply Chain Mess ...
    Feb 7, 2022 · For years, skeptics have argued that Flexport's software does little that you can't find today in competitors' offerings big and small. Walk ...
  93. [93]
    Shipping Startup Flexport Is in Crisis Mode Heading Into the Holiday ...
    Nov 2, 2023 · Flexport's skeptics have always wondered whether it was really offering a substantially different product or just a slicker-looking one.Missing: criticism | Show results with:criticism
  94. [94]
    Ryan Petersen believes Flexport has been misunderstood by critics
    Jun 10, 2024 · Criticism of Ryan Petersen has been that Flexport focused too much on digital. And many have doubted the company's model.
  95. [95]
    Flexport and the Illusion of Disruption in Supply Chain Consulting
    May 29, 2025 · Flexport is seen as a well-funded freight forwarder with great PR, but has never made a profit, and is not in the top 50, and its story muddies ...Missing: competitors | Show results with:competitors
  96. [96]
    Global Trade & Logistics Product | Flexport Platform
    The Flexport Platform lets you track freight forwarding, logistics, customs, and other global trade data. Manage your entire supply chain in one place, ...<|separator|>
  97. [97]
    Customer Success Story: Flexport | Scale AI
    Scale Document AI provides fine-tuned machine learning (ML) models that require no templates to process logistics documents at high accuracy and low latency.
  98. [98]
    Flexport Unveils 20+ Tech and AI-Powered Products to Modernize ...
    Feb 24, 2025 · Flexport powers your supply chain from factory floor to customer door – making it easy for you to ship anywhere, sell everywhere, and grow ...Missing: learning | Show results with:learning
  99. [99]
    Insights Builder, Powered by Flexport Intelligence
    Make faster, smarter decisions with AI. Ask simple questions and receive immediate insights about your supply chain. Flexport's Insight Builder can create ...Missing: machine | Show results with:machine
  100. [100]
    Flexport Launches Customs Technology Suite to Help Businesses ...
    Oct 14, 2025 · Flexport's Customs Technology Suite is part of its Fall 2025 Technology Release, which includes 25+ new technology and AI products that help ...
  101. [101]
    Flexport Launches Customs Technology Suite to Help Businesses ...
    Oct 14, 2025 · Flexport's Customs Technology Suite includes 25+ new technology and AI products that help customers mitigate supply chain volatility.
  102. [102]
    2025 Winter Release | Flexport
    Feb 27, 2025 · Flexport has been at the forefront of AI-driven logistics for years—now, we're unveiling our latest AI-powered innovations.Missing: advancements | Show results with:advancements
  103. [103]
    Flexport's Announced Release of AI Powered Applications |
    Feb 28, 2025 · Flexport Control Tower– reportedly “providing real-time visibility and control across the entire supply chain from order creation to final ...
  104. [104]
    Flexport's 2024 Tech Hackathon: “Using AI for Every Aspect of Our ...
    Dec 23, 2024 · Discover Flexport APIs and EDIs to speed, scale, and optimize your supply chain. Developer tools make it easy to instantly access logistics ...Missing: learning | Show results with:learning
  105. [105]
    Technology Has Forever Changed the Trucking Landscape. Here's ...
    Sep 10, 2024 · Discover Flexport APIs and EDIs to speed, scale, and optimize your supply chain. Developer tools make it easy to instantly access logistics ...
  106. [106]
    Flexport Decides There's A Place for People in Supply Chain Tech
    "There's a strong role for people with a lot of expertise," says Flexport's CEO. We agree with a strategy that combines the best of experts and algorithms.<|separator|>
  107. [107]
    Generative AI in Logistics: Use Cases, Data Strategies, and the ...
    Nov 26, 2024 · Discover Flexport APIs and EDIs to speed, scale, and optimize your supply chain. Developer tools make it easy to instantly access logistics ...Missing: machine | Show results with:machine
  108. [108]
    Logistics Disruptors: Flexport's Sanne Manders on being customer ...
    Apr 22, 2022 · Founded in 2013, Flexport rose to become the sixth-largest freight forwarder in the transpacific region in less than a decade. How?
  109. [109]
    2025 Top Ocean Freight Forwarders | Transport Topics
    Top Ocean Freight Forwarders ; 42, Alonso Forwarding, Spain ; 43, Flexport, United States ; 44, EV Cargo, Hong Kong ; 45, AWOT Group, China ...
  110. [110]
    Economic Insights & Analysis - Flexport Research
    Flexport offers historical freight market research, indicators like OTI and PCI, and commentary on economic insights, using proprietary and third-party data.Missing: influence | Show results with:influence
  111. [111]
    Freight Forwarding Market Size, Growth, Trends and Forecast
    Freight Forwarding Market is anticipated to expand from $192.5 billion in 2024 to $285.7 billion by 2034, growing at a CAGR of approximately 4%.
  112. [112]
    [PDF] Flexport's ascent raises valuation and volume questions
    Sep 18, 2018 · The skepticism has drawn founder and CEO Ryan Petersen into online skirmishes with critics who vocally question Flexport on LinkedIn. For many ...
  113. [113]
    WeWork's valuation collapse raises Flexport questions
    WeWork's valuation collapse raises Flexport questions. With private equity and venture capitalists talking about a bubble popping in the logistics technology ...Missing: criticisms | Show results with:criticisms
  114. [114]
    What Technical Profit Signals—and What It Doesn't—About Digital ...
    Sep 12, 2025 · Flexport states it will hit technical profitability in 2025. The figure is supported by a material one-time gain from an asset sale rather than ...<|separator|>
  115. [115]
    Invest In Flexport Stock | Buy Pre-IPO Shares - EquityZen
    Profitability Goals Delayed Amid Market Headwinds: Flexport missed its profitability target for the end of 2024 due to weaker demand in e-commerce fulfillment ...<|separator|>