Flexport, a global supply chain solutions provider, is reducing its headcount by 2% as part of a reorganization aimed at helping the company drive profitability.
Flexport’s Ryan Petersen talked about trends and forecasts in the freight industry at FreightWaves’ Future of Supply Chain event in Atlanta.
Flexport CEO Ryan Petersen says he has returned to rescue the company after Dave Clark wore out his welcome.
“Their truck-first mentality is the right approach to win the highly fragmented road freight industry,” says a Founders Fund partner on its recent investment.
Ex-Amazon executive is seen as the more experienced operator that Flexport now needs.
Founder Ryan Petersen will become Flexport’s executive chairman after a six-month transition.
The fast growing forwarder Flexport was awarded sixth place in FreightWaves 2020 FreightTech 25 competition.
