Flexport

📦✈️ 14 hours. 3 stops. One incredible mission. Flexport CEO Ryan Petersen and Chief of Staff Gopi Govada recently joined us on a 747 flight from Hong Kong to Los Angeles, with a stop in Anchorage. It was a firsthand look at the precision, teamwork, and expertise that power our Atlas operations. From our ground crews to our flight crews, we demonstrated what Atlas does best: moving cargo efficiently and safely across the globe. As Ryan put it, “Air freight is the backbone of global trade.” Learn more about this journey and how our partnership with Flexport strengthens global supply chains: https://bit.ly/4gowvCT

Last week, Flexport CEO Ryan Petersen and his Chief of Staff Gopi Govada took to the skies in style—on board a 747 freighter operated by Atlas Air, one of our long-term partners. From Hong Kong to Los Angeles, Ryan and Gopi got to experience the dynamic world of air cargo operations firsthand—along with our real-time shipment tracking and automated clearance technology, live on the Flexport platform. “Flying on our freighters and seeing our teams in action, delivering air cargo firsthand, was a truly incredible experience,” Ryan said. “I’m proud that Flexport’s partnership with Atlas continues to deliver top-quality services and solutions for our customers globally.” Read more about Ryan’s and Gopi’s adventure at 30,000 feet, and learn more about our partnership with Atlas: https://flx.to/atlas-LI

Today, we're excited to announce the Convoy Platform has partnered with OmnisTMS, a leading transportation management solution built for brokers, by brokers. Through this strategic partnership, OmnisTMS users can tap into the Convoy Platform’s uniquely reliable carrier network and automated freight matching capabilities without leaving their familiar TMS environment, enabling them to focus on growing their business and serving their customers better. "This partnership embodies everything we believe in at OmnisTMS – simplifying the complexities of freight management and delivering immediate value to our customers," said Jeff Hanson, EVP of Sales at OmnisTMS. "By integrating the Convoy Platform into our ecosystem, our customers can gain operational efficiency and ultimately take on more volume without additional overhead.” “Success in freight should not be limited by technology access,” said Bill Driegert, Head of Trucking at Flexport. “Our partnership with OmnisTMS represents our commitment to making our streamlined marketplace accessible to brokers of all sizes, positioning them to thrive in an increasingly competitive landscape.” The Convoy Platform is continuing to partner with leading transportation management solutions to provide brokerages with access to the most robust capacity support and procurement technology on the market. Interested in partnering? Fill out this form to get started: https://lnkd.in/dAQJc-Rh

Ecommerce continues to expand, putting added pressure on the air freight market. One key issue? Trade lane imbalances—when there isn’t enough inbound freight to balance out outbound shipments. This creates inefficiencies, drives up costs, and leads to underutilized air cargo capacity. “When it comes to ecommerce, raw materials are often sourced locally,” said Niall van de Wouw, Chief Airfreight Officer at Xeneta, during our Air Market Predictions for 2025 webinar. “There’s hardly any air freight going into those factories, so [trade imbalances get] worse.” 👇 Watch the full webinar on demand here: https://lnkd.in/eTrV6ZK4

Happy holidays! As we enter the season of festivity, we want to take a moment to express our appreciation for your support throughout the year. This will be our final Global Logistics Update newsletter of 2024, but we look forward to resuming with fresh updates starting the week of January 6, 2025! Without further ado, let’s dive into this week’s updates. 🚢Trans-Pacific Eastbound trade lane (TPEB): A moderate blank sailing program was in place for December 2024, with 92% available capacity. For January 2025, capacity is expected to be 97%. 🚢Far East Westbound trade lane (FEWB): There have been occasional equipment shortages at major Chinese ports, but they remain manageable. Timely Equipment Interchange Receipt (EIR) printing and earlier equipment pickups can reduce the risk of missed cargo loading for clients. 🚢Transatlantic Westbound trade lane (TAWB): Demand remains high due to the possibility of a potential ILA strike on the 15th of January. Canadian ports still face congestion due to recent strikes. ✈️Air global cargo: Global average spot rates rose by +4% WoW to $3.30/kg, reaching a 2024 high. Asia-Pacific origins saw an +8% WoW increase to $4.86/kg, up +19% YoY. #supplychain #logistics #freightmarket #freightindustry #oceanfreight #oceancargo #oceanshipping #airfreight #aircargo #airshipping #trucking #intermodal #railfreight

Fast shipping vs. a Super Bowl ad: which delivers more ROI? 🏈📦 Timothy Dooner and Flexport CEO Ryan Petersen break it down on WHAT THE TRUCK?!?. Watch the full episode here: https://lnkd.in/e8SQxvRb

Double-brokering and theft remain persistent challenges for freight brokers. The Convoy Platform offers a different path forward. Through our curated carrier network and technology-led compliance protocols, we’re focused on mitigating the fraud vulnerabilities that brokers face elsewhere. Watch Flexport CEO Ryan Petersen break down this approach with Andrew Silver on the Freight Pod. To learn more about how our platform ensures your freight is in good hands, check out: https://lnkd.in/ee9KNn3A

Preparing for new potential tariffs next year? Consider conducting an ACE analysis, said Jennifer Park, Flexport’s Director of Trade Advisory. “Have you looked at your historical imports to assess how much duties would be impacted in your future, should there be 10% tariffs or 25% tariffs?” she explained. “There are ways we can do that here at Flexport.” Watch her break it down in the clip below 👇, and learn more about Flexport’s ACE analysis here: https://flx.to/ACE-LI And while you’re at it, check out the full webinar on demand: https://lnkd.in/e4FHUfbv

LAST CHANCE TO REGISTER 🚨 Don’t miss tomorrow’s European Freight Market Update Live webinar! Our air and ocean experts Arno Hausch and Jannik Amstutz will cover: - Key trends in the air and ocean freight markets - Insights into operational challenges affecting the industry - A detailed overview of rates and capacity on European trade lanes 🌊✈️ Register now: https://lnkd.in/ekGujiAj

Scenario planning is more than just preparation—it’s a strategic advantage. By identifying risks and opportunities early, your business can adapt quickly and effectively, staying ahead of the competition. 🌍 That’s why we’ve created the Flexport Insights Collection—a guide series to help you navigate the complexities of global trade. Learn how scenario planning can empower your business to overcome challenges, seize opportunities, and stay resilient. 📖 Download the first volume and take the first step toward a more adaptable future. 👇Download Link in the comments! 👇 #ScenarioPlanning #GlobalTrade #FlexportInsights