Flexport Launches Container Sharing Service

By Gavin van Marle (The Loadstar) - Shippers will no longer be faced with the choice of booking either a full container load (FCL) or a less-than-container load (LCL), under a new service developed by digital-first freight forwarder Flexport. The San Francisco-headquartered forwarder this week unveiled its OceanMatch service, which is described as a “data-informed ocean … [Read more...]

Flexport Secures A Billion Dollars In New Funds

By Gavin van Marle (TheLoadstar) US digital-first freight forwarder Flexport has secured “a truly outstanding” $1bn in a new funding round led by Japanese tech investment behemoth SoftBank. Flexport said the cash would be used to “deepen its technology and data capabilities, grow its global logistics infrastructure footprint and invest in industry … [Read more...]