66% of logistics pros say talent quality — not cost — is the #1 factor in choosing a nearshore partner. Rapido's integration model explains why that's the right question to be asking.
Plus, a carrier pleading guilty to mob money laundering while still FMCSA-active, Iran's first post-ceasefire attack and what it means for diesel surcharges, FedEx Freight's first earnings as a standalone company, and more in today's newsletter.
Freight brokers are measuring their inboxes wrong. Most inbound email is monitoring, not work. And the longtail categories that look like noise are costing real margin. Here's how to audit what's actually in your inbox, and why it matters in 2026's margin-first market.
CEO Ryan Petersen has emphasized the necessity of these tough decisions to guide Flexport back to a profitable state.
Flexport, a prominent digital freight forwarding company, will significantly reduce its workforce. The company reportedly plans to lay off nearly 20% of its staff, approximately 500 employees.
Reasons Behind the Layoffs:
CEO's Insight on Company's Direction:
Earlier Staff Reduction:
In October 2023, Flexport performed a similar round of layoffs, letting go of nearly 20% of its staff at the time, or approximately 600 employees. The company also laid off 700 employees in January 2023.
Doing two rounds of layoffs within 3 months with each round impacting 20% of your company each time is nuts.
— Dare Obasanjo🐀 (@Carnage4Life) January 26, 2024
Softbank investing in your company turns out to have been like Light writing down your company's name in Death Note. https://t.co/ZbTgCndYzQ
Source: WSJ
66% of logistics pros say talent quality — not cost — is the #1 factor in choosing a nearshore partner. Rapido's integration model explains why that's the right question to be asking.
Freight brokers are measuring their inboxes wrong. Most inbound email is monitoring, not work. And the longtail categories that look like noise are costing real margin. Here's how to audit what's actually in your inbox, and why it matters in 2026's margin-first market.
Freight fraud is a multi-billion-dollar problem, and the old verification model is broken. Here’s the new standard every broker needs to build toward in 2026.
Freight AI pilots succeed. Production deployments often don't. Augment CEO Harish Abbott on the change management gap — and what ops leaders need to do before the tech even matters.
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