Flexport steers clear of freight forwarders' acquisition hunt

With billions of dollars in financial backing, freight forwarder Flexport aims to grow to twice the size of DSV – but it aims to grow organically, unlike its acquisition-thirsty competitor, COO Sanne Manders tells ShippingWatch.

Photo: Ritzau Scanpix/AP

US-based freight forwarder Flexport will first and foremost seek to grow organically to realize its ambition of becoming one of the world's largest logistics companies.

Flexport aims to become a peer of players such as Kuehne+Nagel, DB, Schenker and DSV, and that should ideally be achieved without revenue-boosting acquisitions.

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