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Flexport's investors will wait a long time for a profit

Flexport wants to compete with the biggest freight forwarders, but with a course aimed at doubling the company's revenue year by year, the prospects of a profit are somewhat far off in the future. But the investors are fully prepared for this, says Flexport's COO in an interview with ShippingWatch.

Photo: Ritzau Scanpix/AP/Stephen B. Morton

The investors behind Flexport will likely have to wait years before they see the shadow of a profit.

The US-based freight forwarder has an ambition to became as big a player as Kuehne+Nagel, DB Schenker and DSV, and it is looking to double its revenue year after year.

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