Flexport

Beaverton, Ore.-based DAT Freight & Analytics announced it has agreed to acquire the Convoy digital freight network platform from San Francisco-based freight forwarding and customs brokerage services provider Flexport. Company officials said that by bringing the Convoy platform into its product portfolio, it will add best-in-class automation and digital freight matching technology.

From tariff stacking to the end of de minimis, Flexport CEO Ryan Petersen and VP of Customs Bernie Hart break down Trump’s new trade orders.

This partnership focuses on improving last-mile delivery, providing speed and reliability for customers.

Following the suspension of labor talks earlier this month between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX), there has been no shortage of opinions regarding where things stand—and where things may go from here.

LM Group News Editor Jeff Berman recently caught up with Nathan Strang, Director of Ocean Trade Lane Management, for San Francisco-based freight forwarding and customs brokerage services provider Flexport. Strang provided Berman with an overview of the current state of ocean container rates and inights into Peak Season, tariffs, and other topics.

Freightos highlighted what it called “an unexpected start to Peak Season,” coupled with Red Sea-driven congestion, tight capacity, and low empty container levels at Asian hubs to roll containers and push ocean rates up sharply.

Flexport officials explained that the Convoy Platform is comprised of an AI-powered marketplace aggregating a large, reliable pool of carrier owner-operators into a common platform with automated end-to-end load management, giving brokers access to a unique pool of capacity that is highly flexible, operates 24/7, and provides high tracking visibility.

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.

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.