Water levels in the Panama Canal have recovered, ushering in a massive backlog of ships. The downside? Today, transiting the canal means a five-day wait—longer than some of its earlier hold-ups. Watch Nathan Strang, Flexport’s Director of Ocean Freight, break it down in the clip below. 👇 For more insights, check out the full Freight Market Update Live webinar on demand: https://lnkd.in/e9r5_7KT
Flexport
Transportation, Logistics, Supply Chain and Storage
San Francisco, California 218,628 followers
About us
The technology platform for global logistics.
- Website
-
https://www.flexport.com/
External link for Flexport
- Industry
- Transportation, Logistics, Supply Chain and Storage
- Company size
- 1,001-5,000 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2013
- Specialties
- customs brokerage, freight forwarding, global trade, logistics, software, data, analytics, cloud software, international shipping, supply chain management, digital freight forwarding, supply chain technology, supply chain tech, ocean freight, ocean shipping, air freight, air shipping, duty drawback, cargo insurance, and capital
Locations
Employees at Flexport
Updates
-
Webinar alert! 🚨 On August 14th, we’re breaking down the first sale rule (also known as the first sale valuation)—a powerful way to save on import costs and enhance customs compliance. Join Flexport’s Tom Gould and Anna Zajac for a detailed overview of the rule—its impact on customs valuations and duty calculations, required documentation, and how your business can reap the benefits. Save your spot 👉 https://flx.to/FS-LI #webinar #customs #duties #imports #firstsale #supplychain #logistics
-
We’re thrilled to share that Trine Storgaard Nielsen has stepped into an expanded role at Flexport as Global Head of Ocean Freight. Trine brings a customer-first mindset and nearly two decades of experience in the global logistics industry. “I’m very passionate about solving problems for companies and seeing them become successful,” she told FreightWaves. “I also fundamentally believe that if you make your customers successful, your own company will also be successful.” Read more about Trine’s new role 👉 https://flx.to/TN
-
Excited to partner with Passport to help merchants ship anywhere and sell everywhere. 🌍 📦
We're thrilled to announce our partnership with Flexport, a global leader in #supplychain technology. https://lnkd.in/gjUR66G8 "We share a strong ethos with Flexport in enabling and empowering merchants to expand their #international revenue potential. Through our partnership, Passport provides Flexport merchants with access to a robust DDP program and localization tools, facilitating seamless entry and growth in target markets worldwide.” - Chris Ziomek, VP of Sales at Passport This collaboration is a game-changer, allowing us to streamline #shipping processes, reduce compliance headaches, and provide Flexport's clients with unparalleled efficiency. Together, we're paving the way for brands to meet their global potential. Here's to reaching new heights, together! 🌍 #Flexport #GlobalLogistics #Ecommerce #Partnership #InternationalGrowth #internationalshipping #Passport
-
🌊 Weekly Freight Market Update Alert 🌊 Here's what we're keeping an eye on: 🛤️ Canadian railroad strikes: Nearly 10,000 Canadian rail workers represented by the Teamsters Union may initiate a work stoppage early next week, pending a ruling by the Canada Industrial Relations Board (CIRB) on Friday, August 9. 🚢 Transpacific Eastbound (TPEB) Ocean Route: Structural blank sailings continue due to Cape of Good Hope (COGH) routings and port congestion in Asia and North America. Meanwhile, water levels at Gatun Lake in Panama have recovered, prompting local authorities to ease weight restrictions for the Panama Canal. 🚢Ocean - U.S. Exports: Capacity has tightened from the U.S. to the Indian subcontinent, Middle Eastern ports, and Northern European ports due to vessel omissions and blank sailings. 🚢 Transatlantic Westbound (TAWB) Ocean Route: Congestion in the Mediterranean and Northern Europe, coupled with schedule reliability issues and blank sailings, remains unchanged, leading to increased rates starting September 1st. ✈️ Air: Spot rates from the Asia-Pacific to the U.S. decreased by -3% in week 30, but are still up +62% YoY. Check out the full update below for more details, and subscribe today! 📦🌊 #supplychain #logistics #freightmarket #freightindustry #oceanfreight #oceancargo #oceanshipping #airfreight #aircargo #airshipping #trucking #intermodal #railfreight
Freight Market Update: August 8, 2024
Flexport on LinkedIn
-
[LAST CHANCE TO REGISTER] Looking to stay on top of the latest trade lane news and updates? Then don't miss tomorrow’s "Freight Market Update Live," where Flexport's Nathan Strang, Connor Helm, and Sasha Hegić will discuss what's currently happening in the ocean and air markets. 🌊✈️ Save your spot 👉 https://lnkd.in/eywZUzej #supplychain #freightmarket #oceanshipping #oceanfreight #oceancargo #globaltrade #webinar
-
How does Flexport help sellers accelerate growth on Walmart Marketplace? By managing and automating your replenishments, helping you stay in stock wherever you sell, and carrying your freight as you fulfill orders for Walmart storefronts. Watch Darby Meegan, Flexport’s Head of Omnichannel & Fulfillment Sales, break it down in the clip below. 👇 To learn more about Flexport’s partnership with Walmart Marketplace, check out the full webinar on demand: flx.to/072524-webinar #webinar #omnichannel #Walmart #fulfillment #supplychain #logistics #ecommerce
-
Flexport reposted this
Miss our group chat with Ryan Petersen from Flexport last week? This was a really great group chat where we got to learn more about the founding story for Flexport, what some of the early challenges were, how it's scaled to become a leading supply chain & logistics platform, Ryan shared some of his biggest learnings, and we also had a great group Q&A. The recording is now live! https://lnkd.in/egfBe3F8
Starting & Scaling Flexport With Ryan Petersen | EM Group Chat #166
everythingmarketplaces.com
-
LAST CHANCE TO REGISTER: Tomorrow (August 7), we’re breaking down Merchandise Processing Fee (MPF) consolidation, a duty mitigation strategy that can save importers millions each year. Join Flexport’s Courtney Ozgunay and Andrew Phillips for more details on this powerful cost savings program—and learn how our Customs team can help you reap the benefits. Register now 👉 https://flx.to/MPF-LI #webinar #customs #duties #imports #supplychain #logistics
-
Earlier this year, MAP International and Flexport.org partnered to get critical medicines to displaced people in Burkina Faso. There, the humanitarian crisis is often overlooked. "At MAP International, we say that everyone gets sick, but not everyone gets medicine," said Brooke Allison, Director of Programs at MAP International. "Our partnership with Flexport.org thrives because we work toward a joint mission to help those in need, and also understand what it takes to efficiently ship large quantities of medicines so that more people who get sick have access. That shared vision is what makes this partnership so successful." Learn more about MAP International's work at https://www.map.org/.