| >I don't know what Flexport is Don't know the exact origin of the name but maybe an easy way to remember it is "FLEXible transPORT". To massively oversimplify it for the sake of being short: - ship a small package within the same country --> UPS/FedEx - ship a large heavy package (e.g. forklift pallet) within the same country --> freight trucking company - send a shipping container from one country to another that requires a ton of complicated government paperwork for export & import, pass customs inspection, pay duty fees, and involves coordinating ocean carriers, railroads, air freight, docks, etc --> a freight forwarding logistics service like FlexPort. E.g. you invented a new electric scooter and had a factory in China manufacture a thousand of them. Now you have to ship those 1000 scooters from the factory to a warehouse in USA. That's the business FlexPort is in. FlexPort itself doesn't own any ships or railroads. It is a coordinator (acts as agent) for various transport companies. |