All Flexport Articles
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NewsHacis and Flexport back Hong Kong as transit hub
Hactl subsidiary Hacis has expanded its partnership with Flexport to establish Hong Kong as Flexport's transit hub
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NewsAir cargo predicted to pick up in second half of 2026
Threatened tariffs will exceed actual implementation levels next year, creating market volatility but a more manageable impact on airfreight demand patterns
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NewsChina-US airfreight market heats up
Threatened 100% tariffs have triggered a surge in air cargo demand from China to the US with strong demand from the technology and e-commerce sectors
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NewsFlexport to offer $250m in supply chain financing for customers
Flexport has partnered with investment firm BlackRock to expand its financing programme that allows customers to access funding for their supply chain operations
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NewsUS to end de minimis exemption for all countries next month
The US will suspend the de minimis exemption for low-value imports for all countries of origin from the end of August
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NewsFlexport launches a series of AI analytics tools
Freight forwarder Flexport has launched a series of new tech-based services that it hopes will give customers greater control of their supply chains
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NewsAir cargo will lose out with retail Red Sea return
Air cargo should expect the loss of some consumer and retail goods volumes when ocean shipping resumes in the Red Sea and Suez Canal
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NewsAsia e-commerce volumes could shift from US to Europe
Asia airfreight volumes to the US could partially shift to Europe as a result of changing e-commerce supply chains
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NewsToo early to assess impact of Trump tariffs
Many air cargo stakeholders are in a state of tense apprehension as they await updates on global tariffs from the US
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NewsNeel Jones Shah leaves Flexport
Neel Jones Shah has left freight forwarder Flexport to focus on other business interests and travelling.Jones Shah has worked for the forwarder for almost eight years as it initially expanded rapidly but has more recently faced financial difficulties.His roles at the forwarder include global head of airfreight between 2017 and ...
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Transatlantic capacity withdrawal set to drive up rates
The transatlantic airfreight lane will have much less capacity from September due to the winter season and shifting of capacity to the Asia-Europe trade lane. Demand is expected to remain the same on Europe-US and US-Europe routes because there aren’t any major drivers for change in the US and Europe ...
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Flexport set for another round of job cuts
Reports suggest freight forwarder Flexport will make a third round of redundancies in just over a year.Tech publication The Information last week reported that the forwarder will cut 20% of its staff, equating to around 500 people.The company last year cut 20% of its staff in mid-January as it was ...
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Panama and Suez Canal double crisis threatens global supply chains
Persisting Suez Canal and Panama Canal-related supply chain delays and increased rates may see shippers and forwarders opting for air cargo.Shipping operations are currently being compromised by the need to avoid the Suez Canal due to the risk of attacks in the Red Sea, and restrictions on the Panama Canal ...
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Shippers and forwarders expected to target longer term deals in 2024
Shippers and forwarders are returning to longer term and fixed-capacity agreements as the air cargo market continues to normalise.In a recent market update, Flexport vice president and global head of airfreight Zeid Houssami said that part of this switch to longer fixed-capacity contracts was partly driven by the rise of ...
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WestJet Cargo and Flexport partner on Canadian airfreight exports
Canadian airline WestJet Cargo has partnered with supply chain logistics platform Flexport to widen the reach of Canadian airfreight exports into Asia.Under the agreement, Flexport will ship Westjet Cargo's export cargo to key Asia hubs via its existing dedicated freighter network.WestJet Cargo will deliver Canadian cargo to Chicago O’Hare International ...
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Flexport adds SAF option to forwarding platform
Freight forwarder Flexport has partnered with climate change tech firm Chooose to add an option to utilise sustainable aviation fuel (SAF) to its platform.Flexport customers will have access to the SAF option within the forwarder's sustainability dashboard.The book and claim model will enable customers to purchase SAF certificates that can ...
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Flexport confirms it will cut its global workforce by 20%
Flexport has confirmed it will shrink its global workforce by "approximately 20%" as part of its plans to cut costs in a move that follows a series of changes at the company.Recently back at the helm of Flexport, chief executive Ryan Petersen said in a blog post on October 12: ...
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NewsFlexport restructuring to have "minimal impact" on European employees
Flexport's head of Europe has moved to reassure employees based in the continent that the firm's upcoming restructuring will have minimal impact on them.Last week, Technology publication The Information reported that the freight forwarder was planning to layoff as much as 30% of its workforce - around 1,000 employees - ...
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More jobs to go at Flexport?
Reports suggest freight forwarder Flexport could layoff as much as 30% of its workforce as it looks to drive cost discipline.Technology publication The Information reported that the forwarder was looking to layoff around 1,000 people, with newswire Reuters later reporting sources quoting the same figure.Flexport told Air Cargo News that ...