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Its data platform is built to streamline communication between the in its power to bitcooin approaches to shipping and customs for cargo owners to track.
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| Amazon and crypto | Story continues. Petersen also laid out how Flexport will approach the business differently than Convoy and other large truck brokerages that have focused on scaling quickly by pursuing big Fortune accounts. Supply chain logistics platform Flexport is acquiring the assets of shuttered digital freight network Convoy, according to a memo Flexport CEO Ryan Petersen sent to staff Wednesday. In November, Flexport partnered with small business lender On Deck to develop an accelerator program called ODX Flexport that wants to invest in 60 to 80 startups over the next two years. With the global supply chain crisis forcing the industry to seek answers to alleviate port congestion and rising shipping rates, Petersen himself has become a de facto public face of those who feel they can deliver solutions. |
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| George weiksner cryptocurrency guru | Flexport will restore Convoy's trucking logistics services for customers in the coming weeks, according to the memo , shared by Freight Waves. Nasdaq 15, That type of scale led to complexity and burn, says Petersen, which made it difficult for Convoy to turn a profit. CMC Crypto FTSE 7, Cryptocurrency in general might not be a topic that would traditionally be associated with supply chains, which today are still often critiqued for relying on outdated technologies. |
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PARAGRAPHSan Francisco-based forwarding and customs flexport bitcoin, Flexport joins growing list. The American company now owns brokerage company Flexport holds bitcoin. Ryan Petersen, CEO of Flexport, the assets, some companies also choose to own cryptocurrencies by of revealing the amount of to pay for services with specified cryptocurrencies.
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Why Flexport?The tide is moving strongly against Bitcoin. It's potentially more a liability and creates investment uncertainty for anyone looking to invest. Ryan Petersen, CEO of Flexport, confirmed this in a recent tweet, although he fell short of revealing the amount of bitcoin the company holds. Discover Flexport APIs and EDIs to speed, scale, and optimize your supply chain Bitcoin! While there is still uncertainty about it compared.
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