Logistics

Flexport boss understands nervous customers as rates continue to rise

Ryan Petersen was surprised by how the early peak season suddenly materialized in the shipping industry. But with every crisis comes opportunity. 
”But it seems like there’s never the right amount of shipping capacity. And we’ll probably be back in that world again. Volatility is probably the right word to use for the situation right now,” says Ryan Petersen, founder and CEO of Flexport.
”But it seems like there’s never the right amount of shipping capacity. And we’ll probably be back in that world again. Volatility is probably the right word to use for the situation right now,” says Ryan Petersen, founder and CEO of Flexport.
by SEBASTIAN SCHLÜTER JACOBSEN

The freight forwarders’ customers have good reason to be nervous about the rapidly rising freight rates that have caught the industry by surprise. 

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