Asia-US container rates fall further; trend expected to continue post-ILA strike
HOUSTON : Rates for shipping containers from east Asia and China to the US continued to fall after a lengthy strike was averted at US Gulf and East
Logistics startups slash jobs as freight volumes drop
SAN FRANCISCO : Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the
Flexport is cutting 20% of employees, 4 months after Amazon boss Dave Clark took over the buzzy supp
CALIFORNIA : Flexport, a supply chain startup with an $8 billion valuation, told employees on Wednesday it is laying off 20% of staff as a result of the global downturn