Flexport CEO Petersen overhauls top management
Flexport has elevated a new management team after getting rid of CEO Dave Clark last month. The post Flexport CEO Petersen overhauls top management appeared first on FreightWaves.
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Flexport has elevated a new management team after getting rid of CEO Dave Clark last month. The post Flexport CEO Petersen overhauls top management appeared first on FreightWaves.
Shopify is calling it quits on its logistics business, selling it, and laying off some 20% of its workforce.
SHOP earnings call for the period ending March 31, 2023.
Shopify (SHOP) stock is on the rise Thursday after the e-commerce company revealed plans to sell its logistics arm to Flexport.
Cutting 20 percent of its staff, Shopify also announced that Flexport would acquire Shopify Logistics, becoming the preferred logistics partner for Shopify.