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Shopify’s $260M Flexport funding comes after rocky year

Flexport acquired Shopify Logistics in May 2023

Courtney BlackannbyCourtney Blackann
January 24, 2024
in Freight Forwarders
Reading Time: 3 mins read
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Flexport Chief Executive Ryan Petersen is saying a $260 million investment from longtime partner and e-commerce giant Shopify will help Flexport “return to profitability” following a rocky year for the digital freight forwarder.  The news came via a Jan. 19 post on X, formerly Twitter, just three months after Petersen told employees in an internal […]

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Tags: digital freight forwardingFlexportPremiumRyan PetersenShopify
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