Latest news with #Flexport
CNBC
24-06-2025
- Business
- CNBC
Will an Iran-Israel ceasefire pave the way for an reopening of the Suez Canal?
Ryan Petersen, CEO of Flexport discusses the gyrations in the containerized shipping market, and how insurance premiums have reflected the lower likelihood of a state actor like Iran to 'take action' in the Strait of Hormuz, compared to the attacks seen by the Houthis in the Red Sea.
Yahoo
20-06-2025
- Business
- Yahoo
Find out how Flexport's CEO, Ryan Petersen, builds when the rules keep changing at TechCrunch Disrupt 2025
TechCrunch Disrupt 2025 is happening October 27-29 at Moscone West in San Francisco, and we're bringing the big conversations to the . One of the biggest? What it takes to keep building when the rules won't stop shifting. Flexport CEO and founder Ryan Petersen knows a thing or two about weathering change. He launched the global logistics platform in 2013 and has since helped over 10,000 companies move more than $175 billion in merchandise across the globe. Flexport has raised $2.3 billion to date and redefined how supply chains are managed in a world increasingly shaped by uncertainty. But Petersen's insights go beyond shipping lanes. He's been vocal on everything from tariff policy to the rise of AI, and he doesn't just comment from the sidelines. He famously stepped away from the CEO role in 2022, only to return less than a year later to stabilize the business and steer the next chapter of growth. Founders, take note, this is a master class in resilience, clarity, and bold leadership. Petersen isn't bringing hypotheticals to the stage. He's bringing the firsthand experience of what it means to lead through volatility, reset strategy under pressure, and navigate a market where global policy, economic cycles, and tech innovation collide. He'll pull back the curtain to explore how Flexport stays focused when the market gets noisy, and what today's leaders need to know about balancing long-term strategy with short-term realities. Catch the session live on the Builders Stage, October 27-29 at Moscone West in San Francisco, part of the 20th anniversary of TechCrunch Disrupt. The final session time is coming soon. Save your spot and take advantage of early pricing with up to $675 off before rates go up. Register here to lock in your ticket discount. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
TechCrunch
20-06-2025
- Business
- TechCrunch
Flexport's Ryan Petersen joins the Builders Stage at Disrupt 2025
TechCrunch Disrupt 2025 is happening October 27–29 at Moscone West in San Francisco, and we're bringing the big conversations to the Builders Stage. One of the biggest? What it takes to keep building when the rules won't stop shifting. When global logistics meets startup agility Flexport CEO and founder Ryan Petersen knows a thing or two about weathering change. He launched the global logistics platform in 2013 and has since helped over 10,000 companies move more than $175 billion in merchandise across the globe. Flexport has raised $2.3 billion to date and redefined how supply chains are managed in a world increasingly shaped by uncertainty. But Petersen's insights go beyond shipping lanes. He's been vocal on everything from tariff policy to the rise of AI, and he doesn't just comment from the sidelines. He famously stepped away from the CEO role in 2022, only to return less than a year later to stabilize the business and steer the next chapter of growth. Founders, take note, this is a masterclass in resilience, clarity, and bold leadership. How to lead through chaos and keep building Petersen isn't bringing hypotheticals to the stage. He's bringing the firsthand experience of what it means to lead through volatility, reset strategy under pressure, and navigate a market where global policy, economic cycles, and tech innovation collide. He'll pull back the curtain to explore how Flexport stays focused when the market gets noisy, and what today's leaders need to know about balancing long-term strategy with short-term realities. Catch the session live on the Builders Stage, October 27–29 at Moscone West in San Francisco, part of the 20th anniversary of TechCrunch Disrupt. The final session time is coming soon. Save your spot and take advantage of early pricing with up to $675 off before rates go up. Register here to lock in your ticket discount.
Yahoo
10-06-2025
- Business
- Yahoo
TradeCafe Appoints Flexport and PayPal Veteran Huey Lin to Board as Company Accelerates Global Expansion
Guadalupe, June 10, 2025 (GLOBE NEWSWIRE) -- Guadalupe, Nuevo León - Toronto, Canada – June 10, 2025 – TradeCafe, a global marketplace transforming how the global spot market for physical agri-commodities transacts, today announced the appointment of Huey Lin to its Board of Directors. Lin brings rare expertise at the intersection of global logistics and fintech from leadership roles at Flexport, Affirm, and PayPal. The appointment comes at a pivotal moment for TradeCafe as the company accelerates its mission to digitize the traditionally opaque and fragmented agri-commodity trading ecosystem. With global food security and supply chain resilience becoming increasingly critical, TradeCafe's platform addresses fundamental inefficiencies in how agricultural products move from producers to consumers worldwide. The company's technology-enabled approach is particularly vital as climate volatility and geopolitical tensions continue to impact global food supply chains, creating unprecedented demand for transparent, efficient trading solutions. Adding Lin to the board strengthens TradeCafe's board as the company expands its digital footprint and advances toward its next rounds of funding. Lin currently serves on the boards of the Singapore Exchange (SGX), Hang Seng Bank, and fintech unicorn Nium, bringing deep governance experience from both established institutions and high-growth technology companies. Her multi-market perspective spans Asia-Pacific and North American markets, providing invaluable insights for TradeCafe's global expansion strategy. Lin's appointment brings critical operational expertise from the intersection of global logistics and fintech. As President of Flexport Asia she scaled the company's most strategic and fastest-growing region and helped build technology-enabled supply chain solutions that revolutionized freight forwarding. At Affirm, she pioneered new financial products as a founding executive and COO, contributing to the company's transformation of consumer lending. Her foundation in payments innovation began at PayPal, where she was one of the first product managers driving international expansion during the company's formative years. Currently, Lin is an active angel investor and advisor to companies ranging from pre-seed to high-growth stages, with a particular focus on supply chain innovation and financial infrastructure. "We're thrilled to welcome Huey to the ," said Nicholas Walker, CEO of Bassett & Walker Inc., and Director of TradeCafe. "Her rare blend of operational depth and strategic foresight, from scaling cross-border operations at Flexport to driving transparency at PayPal and Affirm, aligns perfectly with our mission to transform the global protein trade. Her insights will be instrumental as we expand our digital marketplace." "TradeCafe is revolutionizing how physical agri-commodities are traded in spot markets the way PayPal transformed payments," said Lin. "I'm excited to help build infrastructure that makes global agri-commodity trading more efficient, transparent, and accessible for everyone." Lin's appointment signals TradeCafe's ambition to become the de facto clearinghouse for the $2 trillion global spot transaction market for physical agri-commodities, using technology to provide the transparency and efficiency currently missing in this industry. About TradeCafe TradeCafe is a forward thinking technology-driven global marketplace where buyers and sellers in the global spot transaction market for physical agri-commodities execute, finance, and fulfill transactions seamlessly. Having facilitated over $3 billion in transactions to date across more than 80 markets, TradeCafe is rapidly becoming the trusted infrastructure for spot agri-commodity trading. The platform's comprehensive suite of tools includes price discovery, transaction management, and end-to-end fulfillment and logistics capabilities. Learn more at Media Contact: John Dietrich Head of Marketing TradeCafe jdietrich@ +1 647-278-9269 ### For more information about Trade Cafe Group, contact the company here:Trade Cafe GroupJohn Dietrich6472789269jdietrich@ CONTACT: John Dietrich
Yahoo
10-06-2025
- Business
- Yahoo
Firms launch tools to help shippers measure tariff costs
As shifting tariffs continue to impact global supply chains, Flexport and C.H. Robinson have introduced tools aimed at helping businesses navigate duties impacting international shipments. Flexport, a San Francisco-based global logistics technology company, recently launched the Flexport Tariff Simulator, a tool designed to help businesses estimate landed costs and navigate tariffs in real time. Third party logistics provider C.H. Robinson (Nasdaq: CHRW) has added the U.S. Tariff Impact Analysis tool to its global shipper platform to help businesses assess their overall duty exposure, while providing precise cost analysis of each shipment. Mike Short, president of global forwarding at C.H. Robinson said the tool assesses trade complexities more effectively. 'With this tool a national retailer could identify high-volume stock keeping units coming from one point of origin, then quickly compare total duty spend along various alternative sources — then reroute future supply where needed,' Short said in a news release. Ryan Petersen, Flexport founder and CEO, said their customers have been asking for more clarity on the impact of import tariffs on shipments. 'Our engineering team built the Flexport tariff simulator in response to meet that need in the face of all the uncertainty caused by rapid policy changes,' Petersen said in a news release. 'We want to help merchants avoid expensive surprises.' Flexport's tariff simulator includes an interactive map that allows users to see trade data around the world, including the total value of imports from a given country, the current average duty rate, and the percentage of total U.S. imports coming from that country. The tool is available to the general public at Along with the tariff simulator, Flexport is also launching a searchable catalog of harmonized tariff schedule codes to navigate classification requirements, special duty rates and customs clearance processes. Flexport and C.H. Robinson are not the only firms launching tools to help shippers, logistics professionals and consumers assess the impact of import tariffs. In March, UPS (NYSE: UPS) created an automatic tariff calculator for online shoppers — UPS Global Checkout. The parcel carrier's landed cost calculator allows e-commerce merchants to integrate it into their online stores so customers see the import duties, taxes and fees upfront at checkout. E-commerce platform provider Shopify (Nasdaq: SHOP) launched a tariff calculator in May that helps determine duties and taxes on international shipments. Agtools, a provider of software solutions for the food industry, debuted a tool in February that enables users to calculate import levies across all commodities in real time and create scenarios that will impact supply, merchandising and pricing. The post Firms launch tools to help shippers measure tariff costs appeared first on FreightWaves. Sign in to access your portfolio
