Home > News > Latest > Flexport Adds Fulfillment, B2B Distribution and Last Mile Delivery to its End-to-End Supply Chain Capabilities

Logistics

Flexport Adds Fulfillment, B2B Distribution and Last Mile Delivery to its End-to-End Supply Chain Capabilities

flexport-adds-fulfillment-b2b-distribution

Flexport, the leading tech-driven logistics platform, today announced the successful completion of its acquisition of Shopify Logistics, including Deliverr, Inc. The acquisition strengthens Flexport's AI-driven efforts to streamline the full global supply chain, reducing costs and improving reliability for customers and adds e-commerce fulfillment, B2B distribution, and last mile delivery to Flexport's portfolio of services.

"We are excited to welcome our new team members as we grow Flexport's fulfillment, distribution and last mile delivery offerings, democratizing and leveling the playing field of cost and speed of delivery for all businesses," said Dave Clark, CEO of Flexport. "We expect to rapidly integrate the core assets of the acquisition into our operations, including 3-million-square-feet of warehouse space, to support merchants during the upcoming holiday season. We are ready to build as we expand into e-commerce fulfillment and last mile delivery services."

Flexport is now the official Shopify Logistics Partner and preferred provider of Shop Promise. Shop Promise enables transparent shipping timelines, including two-day and next-day delivery options to customers. These capabilities are extensible to all commerce platforms. Flexport now serves customers with freight forwarding services, customs and trade financial services, drayage, deconsolidation and consolidation, middle mile and, now, fulfillment and last mile services.

Flexport is dedicated to empowering businesses worldwide by streamlining their supply chain operations under a single pane of glass by making it easy to plan, visualize and execute their global supply chain from manufacturer to the customer's store or door under one unified technology platform.
 

About Flexport

We believe trade can move the human race forward. That's why since our founding in 2013, it's our mission to make global trade easy for everyone. Flexport is the tech-driven platform for global logistics—empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. In 2022, Flexport was named #1 on CNBC's Disruptor 50 List as well as one of Fast Company's Most Innovative Companies. In February 2022, Flexport raised $935 million in a Series E investment round led by Andreessen Horowitz and MSD Partners with a strategic investment from Shopify, as well as participation from existing partners DST Global, Founders Fund, SoftBank Vision Fund 1, and other investors. The investment brought Flexport's post-money valuation to over $8 billion.

Spotlight


Other News
Freight, Supply Chain

Echo Global Logistics Streamlines Freight Booking Using EchoDrive

Echo Global Logistics | September 13, 2023

Chicago-based Echo Global Logistics, Inc., has introduced automated carrier negotiations to its online carrier platform, EchoDrive. This new feature enables carriers to bid on available loads and receive instant notifications of acceptance or counteroffers, streamlining the freight booking process. Dave Menzel, President and COO at Echo, stated, Echo continues to pursue innovative transportation technology with our automated carrier negotiation system. This new process, combined with our advanced load-matching algorithm, allows carriers to now find available freight and book it in an automated manner within seconds, eliminating inefficiencies associated with the time carriers spend gaining access to freight. [Source: PR News Wire] Jay Gustafson, EVP of Brokerage Operations, highlighted the real-time feedback provided to carriers and the seamless booking experience powered by algorithmic intelligence. Echo's automated negotiation system enables dispatchers to digitally book available shipments even if the listed price doesn't align. The platform swiftly evaluates carrier bids using a unique algorithm and responds with automated acceptances, counteroffers, or rejections. This feature operates through EchoDrive, the web portal offering real-time load access for carriers. EchoDrive's algorithm determines bid acceptance thresholds, ensuring swift responses. This feature enhances efficiency for carriers using Echo's web portal. Echo Global Logistics is a Fortune 1000 provider of transportation and supply chain management services, leveraging technology to simplify transportation management for clients. EchoDrive enhances freight booking efficiency by enabling automated carrier negotiations. It saves time, improves the supply chain, and provides real-time insights. However, reliance on algorithms may not always align with market conditions or carrier needs, and rapid automation may reduce personal interactions. Technical glitches are also a potential risk. About Echo Global Logistics Echo Global Logistics, Inc. is a leading provider of technology-enabled transportation and supply chain management services. With its headquarters in Chicago and more than 30 offices nationwide, Echo offers a range of services, including freight brokerage, managed transportation solutions for all major modes such as truckload, partial truckload, LTL, intermodal, temperature-controlled shipping, warehousing, and expedited services. Echo's proprietary web-based and mobile app technology compiles and analyzes data from a network of over 40,000 transportation providers. This technology helps its 35,000 clients simplify the critical tasks involved in transportation management. Echo has been named one of Newsweek's Most Trusted Companies in America.

Read More

Supply Chain

project44’s Ocean Visibility to Boost Yamaha's Supply Chain Resiliency

project44 | September 07, 2023

project44, a leading end-to-end supply chain visibility platform, has announced that Yamaha Corporation, a leading musical instrument manufacturer and audio equipment maker, deploys project44's Ocean Visibility and Port Intel solutions. This installation will improve global shipment visibility, optimize transportation control and strengthen supply chain resilience. Yamaha selected project44's Ocean Visibility and Port Intel solutions due to its ability to provide global shipment status visualization, highly accurate estimated time of arrival (ETA) data, and facilitate more informed and timely decisions and actions. The company ships nearly 15,000 containers to ports around the globe annually. In addition, Yamaha's supply chain resiliency initiative comprehensively evaluated solutions to enhance transportation control between its production factories and distributors. Yuji Kuwahara, project44's General Manager and VP of Sales (Japan) said, The supply chain disruptions over the past few years have given shippers an opportunity to reconsider the importance of flexibility in their logistics strategy and operation. [Source – Cision PR Newswire] project44's supply chain visibility platform dramatically improves data quality and visibility across all associated teams. Yuji added, the company believes that project44 will help Yamaha with collaborative planning and exception management, resulting in more satisfied Yamaha customers.

Read More

Supply Chain

FourKites Revolutionizes Supply Chain Management with New AI Solution

FourKites | September 20, 2023

FourKites, a leading supply chain visibility provider, has introduced a groundbreaking innovation in Fin AI, a natural language interface poised to transform supply chain management. This revolutionary technology empowers customers to unearth hidden insights, optimize operations, and streamline time-consuming tasks, such as event impact assessment across their shipment network. By harnessing the extensive supply chain data network, Fin AI significantly shifts from reactive to proactive decision-making, offering automated supply chain orchestration at scale. Mathew Joseph Elenjickal, Founder and CEO of FourKites, said, “FourKites is proud to be building at the leading edge of supply chain data and AI.” [Source – Business Wire] The company provides customers with a more comprehensive range of actionable insights across supply chains with Fin AI. Mathew added that this would empower the company to concentrate on the information and decisions and drive businesses forward. Additionally, over time, automation through Fin AI would serve as a direct extension of the capabilities of those who used it. Supply chain managers face the challenge of navigating complex data silos and managing tasks efficiently. FourKites recognizes these hurdles and responds with Fin AI, designed to empower professionals with actionable insights, event impact assessments, and the ability to address tracking issues promptly. Leveraging generative artificial intelligence, this innovation paves the way for a paradigm shift in supply chain data exploration and decision-making. Focusing on real-time, data-driven choices, FourKites positions Fin AI as a transformative solution to industry challenges. Fin AI's natural language interface, built on an industry-leading language model, draws on FourKites' extensive data network to provide users with the tools to: Assess the impact of disruptive events on supply chain, allows to identify affected shipments and take remedial actions swiftly. Diagnose tracking issues efficiently, enhancing visibility across their network. Access product guidance spanning FourKites' suite and distill the most relevant insights into concise, actionable sentences. FourKites combines powerful machine learning and real-time data to help companies digitize their end-to-end supply chains. More than 1,200 of the world's most recognized brands — 9 of the top-10 CPGs and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more efficient, agile and sustainable supply chains. About FourKites FourKites, a globally acclaimed supply chain visibility platform, has set a new logistics and supply chain management standard. With a commitment to extending visibility throughout the entire supply chain, FourKites goes beyond mere transportation, encompassing yards, warehouses, stores, and beyond. This cutting-edge platform offers unparalleled insights, tracking over 3 million shipments daily and reaching over 200 countries and territories. FourKites leverages real-time data and advanced machine learning to empower businesses to digitally transform their end-to-end supply chains.

Read More

Software and Technology

Tive Transforms Shipment Visibility with One Million Tracker Milestone

Tive | October 13, 2023

Tive, a global leader in real-time, end-to-end shipment visibility solutions, has announced the selling of its one-millionth tracker. The company has revolutionized supply chain visibility, providing advanced technology that precisely locates shipments across all modes of transportation, empowering customers to monitor shipment conditions and take immediate action at any point during the shipment's journey. Since its inception, Tive trackers have generated 3.3 million real-time shipment alerts, safeguarding customer shipments globally and covering almost 6 billion miles of travel across road, air, ocean, and rail. The attainment of the one million tracker milestone underscores Tive's steadfast commitment to fostering innovation and delivering substantial value to its global customer base. Tive has profoundly transformed the management of global supply chains across multiple industries by providing a comprehensive, real-time view of shipment movement and condition. Tive's cutting-edge tracking technology empowers businesses to preemptively identify and address potential issues in their supply chain operations by leveraging a combination of real-time sensor measurements, data science, and advanced analytics, leading to enhanced efficiency, responsiveness, agility, and customer satisfaction. Its dedication to sustainability is exemplified through the Get Green program, initiated in 2020. The program has made significant strides, featuring a tracker rebate initiative to encourage tracker refurbishment and repurposing alongside measures to reduce Scope 3 greenhouse gas emissions, benefiting the environment and enabling customers to minimize emissions through enhanced supply chain visibility. This holistic approach reflects Tive's commitment to operational excellence and environmental responsibility. Additionally, Tive's trailblazing introduction of the Solo 5G Non-Lithium tracker, the world's first of its kind, underscores its commitment to environmental stewardship. This innovative non-lithium tracker enhances supply chain visibility and contributes significantly to sustainability by eliminating lithium waste from landfills. The company's dedication to mitigating its environmental footprint extends to prioritizing non-lithium trackers, aligning with its core sustainability values. Komoni, emphasizing their conscientious approach, states, "Tive is extremely conscious of the effect that our business has on the planet." This unwavering commitment to addressing social and environmental challenges represents a top priority for Tive and its valued customers. As Tive remains at the forefront of innovation, its mission is steadfast: to empower businesses of all sizes to optimize their supply chain operations, reduce costs, and elevate customer satisfaction. With an ever-expanding global network of partners and customers, Tive stands well-prepared to continue leading the charge in providing unparalleled visibility to supply chains worldwide, fostering efficiency and sustainability across industries. About Tive Tive, a real-time, end-to-end shipment visibility solutions provider, offers an indispensable service to over 600 leading global shippers, logistics service providers, and retailers. The company's trusted platform empowers businesses to monitor the real-time location and condition of shipments, providing vital insights to enhance operational efficiency and ensure superior end-customer satisfaction. It leverages cutting-edge cloud technology, proprietary sensor innovations, and round-the-clock Live Monitoring services to effectively mitigate excursions, reduce delays, minimize load rejections, and curtail theft, damage, and spoilage incidents. Tive's clientele relies on their expertise to guarantee every shipment's punctual and intact delivery, recognizing the paramount significance of each consignment in the broader supply chain industry.

Read More

Freight, Supply Chain

Echo Global Logistics Streamlines Freight Booking Using EchoDrive

Echo Global Logistics | September 13, 2023

Chicago-based Echo Global Logistics, Inc., has introduced automated carrier negotiations to its online carrier platform, EchoDrive. This new feature enables carriers to bid on available loads and receive instant notifications of acceptance or counteroffers, streamlining the freight booking process. Dave Menzel, President and COO at Echo, stated, Echo continues to pursue innovative transportation technology with our automated carrier negotiation system. This new process, combined with our advanced load-matching algorithm, allows carriers to now find available freight and book it in an automated manner within seconds, eliminating inefficiencies associated with the time carriers spend gaining access to freight. [Source: PR News Wire] Jay Gustafson, EVP of Brokerage Operations, highlighted the real-time feedback provided to carriers and the seamless booking experience powered by algorithmic intelligence. Echo's automated negotiation system enables dispatchers to digitally book available shipments even if the listed price doesn't align. The platform swiftly evaluates carrier bids using a unique algorithm and responds with automated acceptances, counteroffers, or rejections. This feature operates through EchoDrive, the web portal offering real-time load access for carriers. EchoDrive's algorithm determines bid acceptance thresholds, ensuring swift responses. This feature enhances efficiency for carriers using Echo's web portal. Echo Global Logistics is a Fortune 1000 provider of transportation and supply chain management services, leveraging technology to simplify transportation management for clients. EchoDrive enhances freight booking efficiency by enabling automated carrier negotiations. It saves time, improves the supply chain, and provides real-time insights. However, reliance on algorithms may not always align with market conditions or carrier needs, and rapid automation may reduce personal interactions. Technical glitches are also a potential risk. About Echo Global Logistics Echo Global Logistics, Inc. is a leading provider of technology-enabled transportation and supply chain management services. With its headquarters in Chicago and more than 30 offices nationwide, Echo offers a range of services, including freight brokerage, managed transportation solutions for all major modes such as truckload, partial truckload, LTL, intermodal, temperature-controlled shipping, warehousing, and expedited services. Echo's proprietary web-based and mobile app technology compiles and analyzes data from a network of over 40,000 transportation providers. This technology helps its 35,000 clients simplify the critical tasks involved in transportation management. Echo has been named one of Newsweek's Most Trusted Companies in America.

Read More

Supply Chain

project44’s Ocean Visibility to Boost Yamaha's Supply Chain Resiliency

project44 | September 07, 2023

project44, a leading end-to-end supply chain visibility platform, has announced that Yamaha Corporation, a leading musical instrument manufacturer and audio equipment maker, deploys project44's Ocean Visibility and Port Intel solutions. This installation will improve global shipment visibility, optimize transportation control and strengthen supply chain resilience. Yamaha selected project44's Ocean Visibility and Port Intel solutions due to its ability to provide global shipment status visualization, highly accurate estimated time of arrival (ETA) data, and facilitate more informed and timely decisions and actions. The company ships nearly 15,000 containers to ports around the globe annually. In addition, Yamaha's supply chain resiliency initiative comprehensively evaluated solutions to enhance transportation control between its production factories and distributors. Yuji Kuwahara, project44's General Manager and VP of Sales (Japan) said, The supply chain disruptions over the past few years have given shippers an opportunity to reconsider the importance of flexibility in their logistics strategy and operation. [Source – Cision PR Newswire] project44's supply chain visibility platform dramatically improves data quality and visibility across all associated teams. Yuji added, the company believes that project44 will help Yamaha with collaborative planning and exception management, resulting in more satisfied Yamaha customers.

Read More

Supply Chain

FourKites Revolutionizes Supply Chain Management with New AI Solution

FourKites | September 20, 2023

FourKites, a leading supply chain visibility provider, has introduced a groundbreaking innovation in Fin AI, a natural language interface poised to transform supply chain management. This revolutionary technology empowers customers to unearth hidden insights, optimize operations, and streamline time-consuming tasks, such as event impact assessment across their shipment network. By harnessing the extensive supply chain data network, Fin AI significantly shifts from reactive to proactive decision-making, offering automated supply chain orchestration at scale. Mathew Joseph Elenjickal, Founder and CEO of FourKites, said, “FourKites is proud to be building at the leading edge of supply chain data and AI.” [Source – Business Wire] The company provides customers with a more comprehensive range of actionable insights across supply chains with Fin AI. Mathew added that this would empower the company to concentrate on the information and decisions and drive businesses forward. Additionally, over time, automation through Fin AI would serve as a direct extension of the capabilities of those who used it. Supply chain managers face the challenge of navigating complex data silos and managing tasks efficiently. FourKites recognizes these hurdles and responds with Fin AI, designed to empower professionals with actionable insights, event impact assessments, and the ability to address tracking issues promptly. Leveraging generative artificial intelligence, this innovation paves the way for a paradigm shift in supply chain data exploration and decision-making. Focusing on real-time, data-driven choices, FourKites positions Fin AI as a transformative solution to industry challenges. Fin AI's natural language interface, built on an industry-leading language model, draws on FourKites' extensive data network to provide users with the tools to: Assess the impact of disruptive events on supply chain, allows to identify affected shipments and take remedial actions swiftly. Diagnose tracking issues efficiently, enhancing visibility across their network. Access product guidance spanning FourKites' suite and distill the most relevant insights into concise, actionable sentences. FourKites combines powerful machine learning and real-time data to help companies digitize their end-to-end supply chains. More than 1,200 of the world's most recognized brands — 9 of the top-10 CPGs and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more efficient, agile and sustainable supply chains. About FourKites FourKites, a globally acclaimed supply chain visibility platform, has set a new logistics and supply chain management standard. With a commitment to extending visibility throughout the entire supply chain, FourKites goes beyond mere transportation, encompassing yards, warehouses, stores, and beyond. This cutting-edge platform offers unparalleled insights, tracking over 3 million shipments daily and reaching over 200 countries and territories. FourKites leverages real-time data and advanced machine learning to empower businesses to digitally transform their end-to-end supply chains.

Read More

Software and Technology

Tive Transforms Shipment Visibility with One Million Tracker Milestone

Tive | October 13, 2023

Tive, a global leader in real-time, end-to-end shipment visibility solutions, has announced the selling of its one-millionth tracker. The company has revolutionized supply chain visibility, providing advanced technology that precisely locates shipments across all modes of transportation, empowering customers to monitor shipment conditions and take immediate action at any point during the shipment's journey. Since its inception, Tive trackers have generated 3.3 million real-time shipment alerts, safeguarding customer shipments globally and covering almost 6 billion miles of travel across road, air, ocean, and rail. The attainment of the one million tracker milestone underscores Tive's steadfast commitment to fostering innovation and delivering substantial value to its global customer base. Tive has profoundly transformed the management of global supply chains across multiple industries by providing a comprehensive, real-time view of shipment movement and condition. Tive's cutting-edge tracking technology empowers businesses to preemptively identify and address potential issues in their supply chain operations by leveraging a combination of real-time sensor measurements, data science, and advanced analytics, leading to enhanced efficiency, responsiveness, agility, and customer satisfaction. Its dedication to sustainability is exemplified through the Get Green program, initiated in 2020. The program has made significant strides, featuring a tracker rebate initiative to encourage tracker refurbishment and repurposing alongside measures to reduce Scope 3 greenhouse gas emissions, benefiting the environment and enabling customers to minimize emissions through enhanced supply chain visibility. This holistic approach reflects Tive's commitment to operational excellence and environmental responsibility. Additionally, Tive's trailblazing introduction of the Solo 5G Non-Lithium tracker, the world's first of its kind, underscores its commitment to environmental stewardship. This innovative non-lithium tracker enhances supply chain visibility and contributes significantly to sustainability by eliminating lithium waste from landfills. The company's dedication to mitigating its environmental footprint extends to prioritizing non-lithium trackers, aligning with its core sustainability values. Komoni, emphasizing their conscientious approach, states, "Tive is extremely conscious of the effect that our business has on the planet." This unwavering commitment to addressing social and environmental challenges represents a top priority for Tive and its valued customers. As Tive remains at the forefront of innovation, its mission is steadfast: to empower businesses of all sizes to optimize their supply chain operations, reduce costs, and elevate customer satisfaction. With an ever-expanding global network of partners and customers, Tive stands well-prepared to continue leading the charge in providing unparalleled visibility to supply chains worldwide, fostering efficiency and sustainability across industries. About Tive Tive, a real-time, end-to-end shipment visibility solutions provider, offers an indispensable service to over 600 leading global shippers, logistics service providers, and retailers. The company's trusted platform empowers businesses to monitor the real-time location and condition of shipments, providing vital insights to enhance operational efficiency and ensure superior end-customer satisfaction. It leverages cutting-edge cloud technology, proprietary sensor innovations, and round-the-clock Live Monitoring services to effectively mitigate excursions, reduce delays, minimize load rejections, and curtail theft, damage, and spoilage incidents. Tive's clientele relies on their expertise to guarantee every shipment's punctual and intact delivery, recognizing the paramount significance of each consignment in the broader supply chain industry.

Read More

More Trending news

Spotlight

Resources

Autonomous shipping

Whitepaper

The Autonomous Logistics Hub of the Future

Whitepaper

Inventory Management Best Practices for Supply Chain Distribution

Article

Autonomous shipping

Whitepaper

The Autonomous Logistics Hub of the Future

Whitepaper

Inventory Management Best Practices for Supply Chain Distribution

Article