Canvas Category Software : Supply Chain : Logistics

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Primary Location San Francisco, California, United States

Financial Status VC-E; SoftBank, Andreessen Horowitz, MSD Partners, Founders Fund

Making Global Trade Easy and Accessible for Everyone. Technology. Infrastructure. Expertise. Only Flexport brings it all together to deliver a more modern, dramatically better freight forwarding experience that enables businesses of all kinds to import and export globally. At Flexport, we believe all people should be seamlessly connected in order to conduct trade, without regard for physical borders, boundaries, or political agendas. That’s why we’re building the first Operating System for Global Trade, a strategic operating model that combines technology and analytics, logistics infrastructure, and hands-on supply chain expertise.

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Flexport buys Convoy’s tech

📅 Date:

🔖 Topics: Acquisition

🏢 Organizations: Flexport, Convoy

Freight company Flexport has acquired technology and a few dozen employees from Convoy, the one-time giant of the Seattle startup world that abruptly shut down last month. “We’ve acquired Convoy’s technology stack and are planning to retain a small group of team members from their core product and engineering team,” Flexport CEO Ryan Petersen wrote in a memo. “We are not acquiring Convoy the company or any of its liabilities and our expenses will be limited to what’s necessary to maintain the tech.”

Read more at GeekWire

Flexport Acquires Shopify Logistics Expanding its Global Services into Last Mile and E-Commerce Fulfillment Becoming their Official Logistics Partner

📅 Date:

🏢 Organizations: Flexport, Shopify

Flexport, the leading tech-driven logistics platform, today announced the acquisition of the assets of Shopify Logistics, including Deliverr, Inc. Flexport’s technology now makes it easy for businesses to plan, visualize and execute the movement of goods from manufacturer to the customer’s store or door unified under one technology platform.

Through the integration of Shopify Logistics, Flexport will strengthen its advanced AI-driven optimization to streamline the full global supply chain, reducing costs and improving reliability for customers. Traditional supply chain technology has failed to create a single system for end-to-end supply chain planning, visibility and execution. Flexport intends to change all that, reducing out-of-stocks for customers, costs for companies, and decreasing the environmental impact of the movement of goods.

Read more at PRNewswire