Flexport's Ryan Petersen. Flexport said modern companies must be able to deliver products almost instantly and be highly responsive to the expectations of consumers. Even the largest companies only hold single-digit market share. The company expects the financing to close in the second quarter upon the receipt of regulatory approvals and other customary closing conditions. Shah, who previously served on the TIACA Board from tojoins with almost 20 years of experience in the aviation and transport industry.
Since he has been responsible for building up global air cargo delivery capabilities for freight forwarder Flexport. Read more freight forwarder news.
Flexport to cease its B747-400F operation from first day of Chinese New Year
Click here for a free digital subscription. Lufthansa Cargo will continue to roll out the use of passenger aircraft to carry freight over the coming weeks as…. Read More. The two…. Air Cargo News Awards. Air Cargo News Conference. Search for:. Read more freight forwarder news Click here for a free digital subscription. Share this story. The two… Read More. Upcoming Events Mon. Transport Security Congress 8 June - 10 June. Air Cargo News.July 25, Flexport has appointed James Chen as chief technology officer CTOas the company continues to grow and expand its suite of products to make global trade easier.
At Flexport, Chen will be responsible for driving product vision and technology strategy. He's looking forward to helping Flexport scale sustainably and intelligently.
As Flexport itself has grown rapidly, its technology has evolved through quick and consistent iterations and incremental pushes. Chen's experience will be instrumental in setting an overarching technology vision that will serve as a blueprint for future innovation.
Chen brings deep expertise in setting ambitious goals and leading large technical teams to achieve them. At Flexport, those who are responsible for creating product and technology are known as 'Makers. The Maker organisation at Flexport holistically designs for global trade.
With Makers teams in San Francisco, Chicago and now China, technologists sit close to the key functions they serve across trucking, air, and warehousing.
Rather than design technology for the logistics industry in a vacuum, the group insists on incorporating members from operations who regularly interact with target users, to make sure it serves as a function. In the course of Flexport's development as a company, the Makers Team has built out tools and technology that serve more than 10, customers and partners worldwide.
Its efforts are the lynchpin for Flexport's mission to make global trade easy for everyone. About Us Magazine Contact Us. James Chen, chief technology officer, Flexport. Flexport appoints James Chen as chief technology officer By Our Correspondent July 25, Flexport has appointed James Chen as chief technology officer CTOas the company continues to grow and expand its suite of products to make global trade easier.
The termination happened earlier than expected because of worsening market conditions and diversifying freight patterns in response to the US-China trade war. About Us Magazine Contact Us. Related Posts:- Aviation.
Led by Tom Gould, who joined Flexport in August after nearly six years as senior director of customs and international trade for trade law firm Sandler, Travis and Rosenberg, Flexport Trade Advisory provides advice to companies on dealing with any aspect of their customs trade compliance, such as classification, determining customs value, and different strategies that will allow companies to minimise the amount of duty that they have to pay.
If you have an invoice with 10 different dresses on it, they will be summarised into one line that goes to customs. This means we can get the responses back from customs and help our clients to calculate the landed cost of their products by SKU as opposed to by HTS. No one else is really doing that to the extent that we are.
Florida's Western Global faces lawsuit over B747 freighter
In practice, this means that Flexport can help companies figure out ways of making their products compliant with tariff rules, by making a few minor changes to individual lines.
So, you could potentially take fabric from China and move it into, say, Vietnam, cut it into pieces and sew it in Vietnam, and then it becomes a Vietnamese apparel item that is not subject to the extra China tariffs. But if you are a really savvy company, you are going to realise that the rules talk about sewing, and when you have a product, you might take the fabric from China, cut it into pieces in China, start sewing those pieces in China, and then take those partially completed components to Vietnam where you sew them together into the final garment.
Those are the types of more complex questions that are coming to us because companies want to push the limit as far as they can without breaking the rules. Many exporters have been caught off-guard by issues ranging from unforeseen duties to customs audits and penalties as US Customs and Border Protection increases enforcement efforts across all products and industries.
Last year, the company launched a tariff relief product in the form of a credit facility that customers can use to fund additional inventory or new manufacturing facilities to offset working capital constraints exacerbated by the tariffs, becoming the latest non-bank player in the supply chain to offer services that exporters would traditionally seek through their financial institutions.
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As part of the two companies' four-year agreement, which had been due to end in MarchWestern Global provided freight rotations between Los Angeles Int'l and Hong Kong Int'l.
Western Global offered an MD F as temporary cover, but this was "far inferior" to the B for the commercial purposes required, Flexport said in the court documents. Meanwhile, the MD also suffered mechanical failures and delays. Western Global Airlines has a fleet with an average age of more than 25 years, including two B BCF s and fourteen MDFs, six of which are currently under maintenance while two are stored, according to the ch-aviation fleets advanced module.
We now work with Plus Logistics, operated by Atlas. She continued: "We switched on July 8, without missing a single planned flight.
The new airplane is a BF production freighter and as a result has greater payload and the ability to carry oversized cargo because of its nose door capability.
Neff has since commented to ch-aviation: "At all times Western Global was in full compliance with all aspects of the agreement, including our schedule reliability.
The was on scheduled heavy maintenance C-Check at a third party provider, as required by the FAA once every months. This had been planned in consultation with Flexport prior to the signing of the contract, had been agreed to by Flexport, and coordinated with Flexport ahead of time. Because of the different capacity and specifications of the MD, the rate Flexport paid for it was much lower than theas specified in the contract and pursuant amendments.
The was back in operations for Flexport in May, long before their July 7 termination date. AEI for two converted B F s with options for a further two of the type.
Investors are pouring money into Latin America’s logistics and shipping businesses
The US conversion specialist said in a press release that the first of the firm ordered aircraft, msnwill enter into conversion at its Commercial Jet facility at Miami Int'l later this month. The Western Global Airlines KD, Fort Myers Southwest Florida and Flexport have agreed to address their dispute through private mediation, with a session tabled in San Francisco for December 12, according to the freight and logistics magazine The Loadstar.
This article is only available for ch-aviation PRO subscribers. The contract with Western Global Airlines was originally due to last through Flexport terminated it earlier this year, citing poor reliability. It also filed a lawsuit against the cargo specialist. Western Global challenges the charges, saying that none of the delays was due to controllable factors. The aircraft was repainted in the forwarder's livery and will be deployed on Need help? To access our news database including full archive search and exclusive stories reported first by ch-aviation you need to upgrade to ch-aviation PRO.
Facebook, Flexport among Bay Area companies donating medical equipment
AEI did not disclose the identity of the second firm-ordered B Flexport, Western Global Airlines agree to private mediation Twelve airlines awarded US defence charter airlift contracts Find out more Try now Login. Atlas Air launches Flexport dedicated operations Flexport by Flexport. Best For Cloud-based freight management platform that provides businesses with tools to manage freight operations, add tags to shipments, create customizable reports, generate invoices and more.
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Flexport Reviews. Ease of Use. Customer Service. Write a Review. Owen F. Show More Ratings. Reviewer Source. Their software is so easy to use, manage shipments, keep track of data to report KPIs, and most importantly they have a great customer support team that is always available.
Not really a problem, but the UX has changed times since we used it so we have to re-learn where some of the buttons are. But a small price to pay for continued improvement.
Dain H. There are so many value adds that they provide for us to continue to work towards becoming a world-class provider of our products. We brought Flexport in at a time when we did not have a logistics manager on staff. We needed to have a way to have real-time insight into our shipments at all levels of the company from purchasing, to our Sales Ops team, to our VP of Supply Chain and eventually to me.
Flexport allowed us to be able to see shipments down to the SKU level and see the landed cost. Whether the shipment is going air, ocean, rail, truck, we can see where our shipments are and when they will arrive at their final destination.Bay Area health care workers have been pleading for more protective gear, saying some hospitals are forcing them to reuse masks because the nation is running out. A few local companies have responded with massive donations. Facebook chief operating officer Sheryl Sandberg announced the Menlo Park tech company would donatemasks and other supplies to health care workers battling the coronavirus.
They range from the famous, like Facebook, the giant Menlo Park social network, to the less well known, like Flexport, a San Francisco startup ideally positioned to assist because its software helps with global supply chains. The donations come as President Trump called on American manufacturers over the weekend to switch their assembly lines to making ventilators.
Facebook plans to donatemasks — a combination of the coveted N95 respirators and more basic surgical masks — and 1. Facebook has already donatedmasks andpairs of gloves to county officials in Alameda, Contra Costa, Marin, San Francisco, San Mateo, Santa Clara and Santa Cruz counties, who are expected to distribute them to hospitals.
The donation from Flexport, which uses software to make international trade more efficient, includes 60, surgical masks, 34, gloves, 2, surgical gowns and 50 thermometers. Breed announced the delivery Saturday in conjunction with Supervisor Catherine Stefani, who served as an intermediary.
Hospitals throughout the country are confronting a scarcity of masks and other gear, which became so dire in Washington state that medical workers made masks out of vinyl, tape, foam and elastic purchased at Home Depot. The Centers for Disease Control and Prevention updated its guidelines, allowing workers to use bandannas, scarves and homemade masks as a last resort.
Experts cited several reasons for the shortage, including the rapidly spreading virus — which quickly stripped hospitals of their supplies — and a consumer buying spree.
Both countries were hit hard by the coronavirus, which led to disruptions. In San Francisco and elsewhere, concerned citizens have rallied hospital donations online while elected officials work behind the scenes. Around the country, factories that crank out cars and trucks were looking into making much-needed ventilators. Distilleries intended for beer, whiskey and rum transformed to instead turn out hand sanitizers and disinfectants.
And an electronics maker that builds display screens was repurposed for surgical masks. All are answering the call of duty amid a pandemic that has so far claimed more than 14, lives and sickenedpeople globally.
But redirecting plants to make completely different products will take a long time and a huge effort — possibly too long for some companies to help with medical gear shortages that become more acute every day. But he did not give examples as to how he was using it. No automakers, however, are building ventilators at present. GM announced on Friday that it is working with ventilator maker Ventec Life Systems to ramp up production. Crosstown rival Ford, which also suspended factory production along with other automakers with operations in North America, confirmed that it too was in discussions with the Trump administration about helping.