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Wednesday, September 23rd, 2020
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Tag Archives: Flexport

East Coast ports continue to grow cargo volumes impressively

PortandTerminal.com, July 19, 2019 Nearly three years since the Panama Canal Expansion opened, TEU volume continues to grow – especially for East Coast ports. Nearly three years since the Panama Canal Expansion opened, TEU volume continues to grow – especially for East Coast ports according to data published on Thursday, July 18 by the real estate and logistics services giant …

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The “unsexiest trillion-dollar startup” launches another innovation in logistics

Photo of Flexport founders CTO Amos Elliston and CEO/Founder Ryan Petersen

PortandTerminal.com, March 28, 2019 San Francisco, CA – Back in 2016 the respected technology publication TechCrunch ran a tongue-in-cheek article headline that called Flexport “The unsexiest trillion-dollar startup“. The article was written long before Flexport’s latest round of financing they announced in February this year that saw them raise $1 billion in a round led by SoftBank. That recent funding …

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Watch: Freight startup Flexport hits $3.2 billion valuation after $1 billion investment by fund

PortandTerminal.com, February 22, 2019 Flexport announced a $1 billion funding round led by SoftBank’s Vision Fund on Thursday, with existing investors all participating. The investment, an all-primary transaction (meaning early investors weren’t selling their shares), values the San Francisco-based company at $3.2 billion, according to a source with knowledge of its terms. What does Flexport do? A good way of …

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