Flexport Stock
| Valuation | $8B1, 2 |
| Valuation Date | Feb 7, 2022 |
| Implied Valuation | n/a |
| Last Price | $2.84 |
| 52-Week High | $3.89 |
| 52-Week Low | $2.74 |
| YTD Return | -26.61% |
| 1-Year Return | -12.62% |
| 3-Year Return | -61.31% |
| Total Funding | $2.75B3 |
| Latest Round Amount | $260M4, 5 |
| Latest Round | Primary |
| Funding Rounds | n/a |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | $2.1B6 |
| Revenue Type | 2024 |
| P/S Ratio | 3.8 |
About Flexport
Flexport is a digital freight forwarder and supply chain logistics platform. Businesses use its software to book and track shipments across ocean, air, truck and rail, clear customs and manage inventory through one system. Flexport makes money by buying freight capacity from carriers and reselling it to shippers, along with fees from customs brokerage, cargo insurance, trade financing and e-commerce fulfillment.
Invest in Flexport
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News
Flexport Launches Fulfillment Services in Canada and the United Kingdom
Flexport opened its first international fulfillment centers in Mississauga, Canada and Manchester, England, letting brands store inventory locally and fulfill domestic orders through one platform.
Flexport takes fulfillment network international with Canada, UK expansion
Flexport expanded its fulfillment network beyond the U.S. into Canada and the UK, using partner-run Manchester facilities with AutoStore automation and a Health Canada-certified Mississauga site.
Flexport named to TIME100 Most Influential Companies of 2026
Flexport was named to TIME's 2026 TIME100 Most Influential Companies list for helping businesses navigate tariff volatility with AI-powered supply chain tools.
Flexport Debuts AI Tool to Streamline Tariff Refunds
It's not quite clear when and if American businesses will receive refunds on tariff payments.
Flexport Launches Technology to Automate Tariff Refunds
SAN FRANCISCO--(BUSINESS WIRE)--Today, Flexport announced a new fleet of AI agents to manage customs and prepare for potential refunds; cut costs from the supply chain; and remove friction from global...
Flexport Launches AI Tools to Tackle Tariffs
The new products are aimed at helping importers assess and comply with rapidly changing U.S. trade policies.
Flexport CEO Ryan Peterson: Refunds could be coming if court rules against IEEPA tariffs
Ryan Petersen, Flexport founder and CEO, joins CNBC's 'Squawk on the Street' to discuss what to expect during peak shipping season amid tariff uncertainty.
Flexport, BlackRock Join to Offer $250 Million in Supply Chain Financing
Flexport Capital's expanded funds provide financing for rising tariff, inventory and logistics costs
Flexport Partners with BlackRock to Provide $250 Million in Inventory Financing for Customers
SAN FRANCISCO--(BUSINESS WIRE)--Flexport Capital has expanded its ability to deliver fast, flexible financing embedded directly into the global logistics ecosystem.
DAT to Acquire the Convoy Platform from Flexport
BEAVERTON, Ore. & SAN FRANCISCO--(BUSINESS WIRE)--DAT Freight & Analytics has agreed to acquire the Convoy Platform from Flexport, adding best-in-class automation and digital freight-matching technolo...
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.
Flexport CEO Ryan Petersen: 80% tariffs are still too high but 10% is 'seemingly no problem'
Flexport CEO Ryan Petersen on Friday said that 80% tariffs are likely "way too high," but that businesses seem to be absorbing 10% tariffs with no problem.
Flexport CEO: Tariffs could be extinction level event for small businesses
Ryan Petersen, Flexport founder and CEO, joins CNBC's 'Squawk on the Street' to discuss how small and medium sized business may be impacted by tariffs, what he's seeing import data, and more.
Flexport CEO Ryan Petersen goes one-on-one with Jim Cramer
Flexport Founder and CEO Ryan Petersen joins 'Mad Money' host Jim Cramer to talk the impact of a possible trade war and tariffs on shipping.
Flexport Completes Shopify Logistics Acquisition for Last-Mile Delivery
Global logistics company Flexport has acquired Shopify Logistics, adding eCommerce fulfillment, B2B distribution and last-mile delivery to the company's portfolio of services. The deal made Flexport t...
Shopify Completes Sale of Shopify Logistics to Flexport
Internet, Everywhere--(Newsfile Corp. - June 6, 2023) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, announces that it has completed the previously ann...
Shopify stock surges on Q1 earnings beat, logistics deal with Flexport
Yahoo Finance Live anchors Seana Smith, Akiko Fujita, and Allie Canal discuss a surge in shares of Shopify after announcing a strategy shift which saw the company cut 20% of its workforce as well as s...
Shopify to Lay Off 20% of Its Workforce as It Sells Logistics Business to Flexport
Sale of Deliverr and 6 River Systems effectively ends its bid to run its own logistics operation for its merchant customers.
Shopify to reduce workforce by 20%, sells logistics business to Flexport for 13% equity
Shopify revealed today that it's laying off 20% of its workforce, impacting more than 2,000 people, and is selling its logistics business to Flexport for roughly 13% in stock.
Flexport acquires Shopify's fulfillment business
Digital-oriented freight forwarder Flexport has agreed to acquire the logistics arm of publicly traded Shopify Inc. and Deliverr, the tech-enabled shipping services provider Shopify bought last year f...
Shopify Announces First-Quarter 2023 Financial Results; Agrees to Sell Shopify Logistics to Flexport
Shopify sharpens its focus on building and scaling the future of commerce
Freight forwarding firm Flexport raises nearly $1 billion in funding, adds Shopify, Michael Dell as investors
Flexport raises $935 million in a funding round with Andreessen Horowitz and Michael Dell that values the logistics company at $8 billion.
Flexport COO: Maersk integration strategy no threat to business (with video)
The chief operating officer of digital freight forwarder Flexport said Thursday that he sees the newly integrated company of Danish shipping line A.P. Moller – Maersk parent and its Damco air forwardi...
Layoffs hit another Softbank co as $3.2B Flexport cuts 50
Fearing weak fundraising options in the wake of the WeWork implosion, late stage startups are tightening their belts. The latest is another Softbank-funded company, joining Zume Pizza (80% of staff la...
Why Flexport built a slick Slack SAAS for shipping
“Make their metrics your metrics” is one of Flexport CEO Ryan Petersen’s mantras. Sometimes that means building free software for your clients.
Flexport CEO on SoftBank investment and effects of trade war
Flexport Inc. Chief Executive Officer Ryan Petersen discusses the freight forwarder's securing of $1 billion in funding led by the SoftBank Vision Fund and the impact of the U.S.-China trade war.