We can become one of the worlds biggest companies, says CEO of Amazon freight rival
Summary
Freight is a trillion-dollar industry, and it has not moved with the speed of the 21st century, long reliant on ledgers, email and (even) phone calls to communicate. But there is a new generation of start-ups using technology to tackle the biggest issues in a complex global supply chain, ten of which made the 2022 CNBC Disruptor 50 list. One in particular, Flexport, not only topped this years CNBC Disruptor 50 list, but also believes that its poised to compete with the worlds biggest logistics player: Amazon. Petersen started Flexport in 2013 because he figured there had to be a better way to manage the flow of goods that get put on cargo ships, planes, trucks and railroads and transported all over the world. The companys freight forwarding and brokerage services are in the cloud, enabling it to analyze costs, container efficiency, and greenhouse gas emissions quickly and with more accuracy than legacy systems.