Posted on 06/08/2016 12:24:12 PM PDT by 2ndDivisionVet
Steve Jobs went ballistic when public shipping manifests leaked the existence of the iPhone 3G. Thats about the only time something exciting happened in the freight forwarding business. The circulatory system of the global economy is a trillion-dollar industry, yet no one really talks about it, or builds tech for it.
Thats what makes freight such a massive disruption opportunity for a startup like Flexport.
Transparency begets data, which begets efficiency. Smarter shipping shrinks the physical world the way faster internet shrinks the digital one. New businesses emerge. High bandwidth connections paved the way for Netflix. Now Flexport could make meatspace merchants as nimble as Amazon.
With $26.9 million in funding, Flexport grew the volume of goods it ships by 16X this year. Y Combinator president Paul Graham says Flexport is one of that small handful of startups that are going to change the world. Freight might finally be getting the weight of attention it deserves....
(Excerpt) Read more at techcrunch.com ...
Ping!
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When Fred Smith tried to explain why shipping a package from New York to Memphis, TN, then from Memphis to Newark was the fastest way to get a package overnight, nobody believed him.
Malcolm McLean and Keith Tantlinger by inventing the shipping container has had more practical impact on the world than some stupid iPhone so one can be more entertained wasting time. Good luck to this startup.
Bump your post.
You beat me to it.
Looks to be one more link in the chain of domination of the globalist agenda.
this is an extension of more efficient in-country shipping and was bound to happen. That being said, these guys have got first-mover advantage.
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