Flexport

Roughly three months after it acquired the technology and intellectual property of Seattle-based digital freight network Convoy, following the closing of Convoy’s business, due to the effects of the freight recession and a slowdown in capital market activity, San Francisco-based freight forwarding and customs brokerage services provider Flexport said earlier this month that it has formally introduced the rollout of the Convoy platform to its service portfolio.

With a focus on helping its shipper customers achieve their emissions objectives, Flexport.org, the impact arm of San Francisco-based freight forwarding and customs brokerage services provider Flexport, announced today it is introducing a new offering in collaboration with SaaS platform services provider CHOOSE, focusing on accelerating air freight decarbonization.

San Francisco-based freight forwarding and customs brokerage services provider Flexport is taking steps to establish a truck brokerage unit, with the hiring of a well-known executive from Uber Freight. In an internal company memo provided to LM, Flexport CEO Dave Clark said that effective May 22, Bill Driegert will join the company as its EVP, Head of Trucking, reporting directly to Clark.

A recently-issued report from San Francisco-based freight forwarding and customs brokerage services provider Flexport examined the inroads being made on nearshoring initiatives in Mexico through the lens of container throughput at the landlocked Laredo, Texas port, which sits between the United States and Mexico.

Flexport, the leading tech-driven logistics platform, has announced the acquisition of the assets of Shopify Logistics, including Deliverr, Inc. Flexport's technology now makes it easy for businesses to plan, visualize and execute the movement of goods from the manufacturer to the customer's store or door unified under one technology platform.

In a move geared towards expanding its global services into last mile and e-commerce fulfillment, San Francisco-based freight forwarding and customs brokerage services provider Flexport announced today it has acquired the assets of Shopify Logistics, a subsidiary of a multi-channel commerce platform, Shopify, including Deliverr, a fulfillment technology services provider, which Shopify acquired for $2.1 billion in 2022.

The session, which featured Prologis Co-founder and CEO Hamid Moghadam and Dave Clark, Co-CEO of San Francisco-based freight forwarding and customs brokerage services provider Flexport, began with the executives taking a look at what they viewed as the key trends and themes within the supply chain.

Atlanta-based Nolan Transportation Group (NTG), a provider of non-asset, tech-enabled logistics and brokerage services, and a subsidiary of Transportation Insight, and San Francisco-based freight forwarding and customs brokerage services provider Flexport, said they are collaborating on a strategic partnership focused on integrating their respective technologies, with a focus on “greater visibility across supply chains.”

The ongoing Omicron variant-driven issues that have been plaguing key manufacturing and port hubs in China continue to raise supply chain concerns.

Recent developments in China related to the uptick in Omicron variant infections appear to be shaping up to have a significant downstream impact on United States-bound import patterns, at a time when the ongoing supply chain congestion issues appeared to be showing signs of improvement.

The raise follows years of uninterrupted growth for the company, particularly in the last twelve months, with Flexport’s revenue more than doubling in 2021 as it moved nearly $19 billion in gross merchandise for its clients across 112 countries.

San Francisco-based freight forwarding and customs brokerage services provider Flexport said this week it is increasing its presence north of the border, for Canadian importers and exporters, with the opening of a new office in Toronto.

Entitled the “Post-Covid Indicator,” Flexport said that this report leverages the company’s copious amount of data related to the movement of merchandise through the global logistics system as input, while not having as much of what it called a lag compared to government data and statistics. And it explained that is methodology based on an analysis of correlations between detailed shipping data and national consumption behavior.

The companies said that this partnership will mesh Flexport’s international client base and Convoy’s North American carrier network, with a focus on providing shippers with what it called seamless logistics services, as well as expand business capabilities for both Flexport and Convoy.

San Francisco-based freight forwarder, Flexport, today announced the launch of “Trade Advisory,” a service designed to help its domestic shippers identify cost saving opportunities, explore tariff mitigation strategies, minimize operational risk, and implement best practices for trade compliance amid unprecedented global complexity.