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Modern freight forwarders offer an end-to-end process i.e. shipping the goods from the place of origin to the final destination and may offer additional services such as warehouse planning, cargo insurance and customs brokerage. Together with tracking, freight forwarding agents often have real time information on the freight.
In 2022, Flexport "raised $935 million in a Series E funding round that values the freight forwarding company at $8 billion". It has raised $2.3 billion since its inception. [12] In June 2022, Flexport announced that Amazon worldwide consumer chief Dave Clark would be joining Flexport as its new CEO. [13]
With its acquisition of Los Angeles–based G.I. Trucking in 2005, [8] Estes expanded coverage to 46 states in the US. Estes had held an interline relationship with G.I. since the mid 1990s allowing freight to be transferred between the two companies to effectively expand each company's coverage.
APL Logistics Ltd. (APLL) is a wholly owned subsidiary of Kintetsu World Express, Inc. (KWE), a Japan-based freight forwarding and transportation company. [1] As a global supply chain specialist, APL Logistics trades in more than 60 countries, [2] serving the automotive, consumer, industrials, and retail verticals. [3]
The first freight forwarder to offer balikbayan box services was Rico Nunga, who started REN International in Los Angeles, California, in 1981. [7] [8] The following year, Ramón Ungco, a Filipino in New York City, founded Port Jersey Shipping International. [9]
Dimerco is a Taiwanese freight company. Established in 1971 in Taiwan, Dimerco's global network includes over 300 service outlets in 64 countries (with over 160 freight forwarding offices and 80 logistics centers). The name "Dimerco" is an abbreviation for "Diversified Merchandise Corporation". Dimerco's headquarters, in Taiwan
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