Latest news with #Flexport
Bloomberg
2 days ago
- Business
- Bloomberg
Flexport Navigating Tariffs and Emerging Technologies: Talking Transports
The fluid trade policies from the US are creating challenges for shippers and a volatile freight environment. Freight forwarders that lean into technologies like artificial intelligence or machine learnings can help shippers drive their costs lower. In this Talking Transports podcast, Ryan Petersen, the founder and CEO of Flexport, joins Lee Klaskow, Bloomberg Intelligence senior transportation and logistics analyst, to share his insights about how they are helping their clients navigate the ever changing tariff environment and how they are becoming more productive through technology investments. Petersen also talks the state of the ocean and airfreight markets as well how they are automating more the forwarding process to lower the cost to serve, which will allow it to compete on price and drive scale.
CNBC
6 days ago
- Business
- CNBC
Flexport CEO: Here's how U.S. tariffs are altering shipping patterns this year
Ryan Petersen, Flexport CEO, joins CNBC's 'Squawk on the Street' to discuss import activity as tariffs go into effect, how companies are adjusting shipping routes, and more.
Hindustan Times
03-07-2025
- Business
- Hindustan Times
Flexport CEO says India has more ‘useless paperwork' than all other countries combined
The founder and CEO of Flexport has criticized India's bureaucratic challenges, claiming excessive paperwork hampers ease of doing business compared to other countries. Ryan Petersen claimed he has had to file more 'useless paperwork' in India than all other countries combined. Ryan Petersen is the San Francisco-based founder and CEO of American MNC Flexport Flexport is an American multinational corporation that focuses on logistics and supply chain management. Headquartered in San Francisco, USA, it operates in more than 89 countries and has offices in Amsterdam, Hong Kong and Shenzhen. On July 1, Flexport CEO Ryan Petersen responded to an X post from Prime Minister Narendra Modi hailing GST as a 'landmark reform that has reshaped India's economic landscape.' PM Modi said that GST has 'greatly improved the Ease of Doing Business' for small and medium enterprises by reducing compliance burden. The CEO of Flexport sought to counter these claims with his personal experience of setting up a business in India. 'I have to file more useless paperwork for our entity in India than all our other countries combined,' wrote Petersen. How Indians reacted to the post The post proved predictably polarizing on social media, where some supported the American CEO and others accused him of maligning India's image. 'I am a citizen and I agree with that, India does have some unreal obsession with paperwork,' wrote one X user in the comments section. 'Indian babucracy is one of the top 10 problems holding humanity back,' another said. 'Ease of doing business in India is a sham. Things would only change if more and more global corporates call this out,' a user added. 'Indians face the same when applying in western countries. Reciprocity is beautiful,' one X user wrote, claiming that the problem is not unique to India. 'Please be more specific about it. What kind of paperwork are you talking about? Have been involved in businesses in India, Dubai and Scotland. Almost all 3 places have similar kind of things that need to be done,' another X user agreed.
CNBC
24-06-2025
- Business
- CNBC
Will an Iran-Israel ceasefire pave the way for an reopening of the Suez Canal?
Ryan Petersen, CEO of Flexport discusses the gyrations in the containerized shipping market, and how insurance premiums have reflected the lower likelihood of a state actor like Iran to 'take action' in the Strait of Hormuz, compared to the attacks seen by the Houthis in the Red Sea.
Yahoo
20-06-2025
- Business
- Yahoo
Find out how Flexport's CEO, Ryan Petersen, builds when the rules keep changing at TechCrunch Disrupt 2025
TechCrunch Disrupt 2025 is happening October 27-29 at Moscone West in San Francisco, and we're bringing the big conversations to the . One of the biggest? What it takes to keep building when the rules won't stop shifting. Flexport CEO and founder Ryan Petersen knows a thing or two about weathering change. He launched the global logistics platform in 2013 and has since helped over 10,000 companies move more than $175 billion in merchandise across the globe. Flexport has raised $2.3 billion to date and redefined how supply chains are managed in a world increasingly shaped by uncertainty. But Petersen's insights go beyond shipping lanes. He's been vocal on everything from tariff policy to the rise of AI, and he doesn't just comment from the sidelines. He famously stepped away from the CEO role in 2022, only to return less than a year later to stabilize the business and steer the next chapter of growth. Founders, take note, this is a master class in resilience, clarity, and bold leadership. Petersen isn't bringing hypotheticals to the stage. He's bringing the firsthand experience of what it means to lead through volatility, reset strategy under pressure, and navigate a market where global policy, economic cycles, and tech innovation collide. He'll pull back the curtain to explore how Flexport stays focused when the market gets noisy, and what today's leaders need to know about balancing long-term strategy with short-term realities. Catch the session live on the Builders Stage, October 27-29 at Moscone West in San Francisco, part of the 20th anniversary of TechCrunch Disrupt. The final session time is coming soon. Save your spot and take advantage of early pricing with up to $675 off before rates go up. Register here to lock in your ticket discount. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
