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Focus on logistics newsletter-Flexport, an American freight forwarder, laid off employees!

Flexport, an American international freight forwarder, laid off employees!


U.S. freight forwarder Flexport plans to cut 20% of its workforce in the coming weeks, affecting about 500 people, according to the Wall Street Journal. This is the company's second round of mass layoffs in months, after Flexport laid off one-fifth of its workforce in October.


Petersen, founder of Flexport, explained in a report announcing the layoffs to employees that the layoffs are aimed at helping the company regain profitability and build a net cash reserve of $1 billion. He added that the layoffs will provide the company with greater flexibility to re-stabilize its business without raising consumer prices.


Despite the challenges, Petersen said at the end of 2023 that it expects the company to be profitable again in early 2025. This forecast provides hope for Flexport's future development, even though the company is experiencing mass layoffs and financial losses.


As a middleman, Flexport buys space on container ships from shipping companies and makes a profit by earning the difference between the shipping company's price tag and the customer's rate.


Over the past decade, Flexport has raised $2.3 billion in investments. Together with February's funding, the freight forwarding company is valued at $8 billion. Despite the challenges, Flexport is struggling to keep the business afloat and meet its profit targets with its strategic planning and fundraising capabilities. 



美国国际货代Flexport大裁员!


       据《华尔街日报》报道,美国货运代理公司Flexport未来几周计划裁员20%,受此影响的员工数量约为500人。这是该公司几个月内的第二轮大规模裁员,此前在10月份,Flexport已经解雇了五分之一的员工。


       Flexport的创始人Petersen向员工宣布裁员的报告中解释,裁员旨在帮助公司重新获得盈利能力,并建立10亿美元的净现金储备。他补充称,这次裁员将为公司提供更大的灵活性,使其在不提高消费者价格的情况下重新稳定业务。


       尽管面临挑战,Petersen2023年底表示,预计公司在2025年初将再次实现盈利。这一预测为Flexport的未来发展提供了希望,尽管目前该公司正经历着大规模裁员和财务损失的困境。


       作为中间人,Flexport从航运公司购买集装箱船上的舱位,并通过赚取航运公司标价与客户费率之间的差价来盈利。


       在过去十年里,Flexport已经筹集了23亿美元的投资。加上今年2月份的融资,该货运代理公司的估值达到了80亿美元。尽管面临诸多挑战,但Flexport仍凭借其战略规划和筹资能力,努力保持业务运营并实现盈利目标。