Today, CEO Ryan Petersen (@typesfast) joined @edels0n on @ProfGMarkets to talk through the current state of trade with the ever-evolving tariff landscape, and the Strait of Hormuz.
We're excited to announce our office in Phnom Penh, Cambodia.
Cambodia exported roughly $8B in garments, footwear & travel goods this year, up 6.2%. Flexport now has boots on the ground to support that growth.
A container ship paid $4 million on Monday for a fast pass at the Panama Canal.
We had 14 customers, and 30 containers on board. Thank you to ONE for your commitment to on-time performance. 🧵
Super Typhoon Dolphin is on a tear, and you can see the effect on the water. Ships are bunched up near Taiwan and Korea, waiting for the system to clear. Others are hugging the Japan coast to stay out of heavy seas.
Expect a bumpy few days on the western Pacific.
Today, Ryan Petersen (@typesfast) joined @CNBC Squawk on the Street to discuss the state of trade. Watch for updates on the Panama Canal, Strait of Hormuz, trucking rates, and more.