Flexport

Zerobroker freight broker tool feature

Zerobroker, Freight Broker Workaround, Raises $6.5 Million in Seed Round

| Mike O'Brien

Zerobroker, a logistics technology firm that lets shippers eliminate fees by connecting directly with carriers without using a freight broker, has raised $6.5 million in a seed round that includes participation from Flexport, Funders Club and Streamlined Ventures, among others. It was part of the 2021 cohort of startup incubator Y Combinator.

Flexport logo feature

Flexport Shuffle At the Top: Clark Out, Peterson Back In

| Mike O'Brien

Flexport is undergoing another reshuffle at the top, with former Amazon logistics executive Dave Clark departing, replaced at least for now by once-again CEO and founder Ryan Peterson in a shakeup pointing to a reset to the company’s core freight focus and a pullback from its aggressive growth plans. But experts wonder how Flexport will fare as freight volumes and rates fall in tandem globally.