Flexport CEO Ryan Petersen announced on social media that his logistics company was rescinding dozens of job offers on…

Source: https://biztoc.com/x/70bd8d08abb5d215?ref=ff

Flexport would hire a small team from Convoy but wouldn’t take on any assets or liabilities, the Journal reported.

Source: https://www.geekwire.com/2023/flexport-reportedly-working-on-deal-to-acquire-convoys-trucking-tech/

Other logistics startups that surged during the pandemic, such as Flexport and Flexe, have also laid off staff.

Source: https://www.geekwire.com/2023/the-markets-crushed-us-in-tearful-farewell-to-employees-convoy-execs-reflect-on-shutdown/

The founder and co-CEO of Flexport has since gone on to become a go-to name in the world of logistics, making headlines after he tweeted about what could be done to fix congestion at the ports of Long Beach and Los Angeles.

Source: https://biztoc.com/x/b61e255e5e8dfd6c?ref=ff