Flexport, a logistics company with $2.7 billion in venture and debt funding, is reportedly planning additional layoffs. That’s according to Information, which said the firm intends to eliminate around 20% of its roles in the next few weeks. Flexport communications head Liyan Chen declined to comment on the report in an email to TechCrunch. Flexport, … Read more
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Supply chain logistics platform Flexport is acquiring the assets of shuttered digital freight network Convoy, according to a memo Flexport CEO Ryan Peterson sent to staff Wednesday. Flexport will restore Convoy’s trucking logistics services for customers in the coming weeks, reads the memo, shared by Freight Waves. Peterson said Flexport won’t acquire the business or … Read more