Flexport

“It felt like, oh, it's not just Dave that they're getting rid of because Ryan Peterson wants to come back. They're trying to get rid of a whole vibe. My thought was like, they just want this Amazon vibe out of there.”

“Because they, their business model doesn't allow them, if you're only getting paid a couple bucks per container, the business model doesn't really allow a lot of human manual updates. Whereas for us, we're getting paid thousands of dollars to deliver these con…”

“We, we've actually using OpenAI's APIs as well as a company called Adept which their CEO used to be the head of engineering for OpenAI and so they, but we're using these, the thing that's working for us is that the fact that we've taken, you know, a complex tr…”

“One operator doing all the tasks on a single shipment and always working for that same, the customer always working with that same group of operators because it turns out that all the inefficiency and logistics comes from mistakes. So if you can get the qualit…”

“It'll take a spreadsheet, which is like I was saying, is just like massively complex spreadsheet and put it into a database accurately, like more accurately than humans doing data entry. And these spreadsheets change every week, every few weeks. It's not, it's…”

“Amazon does not see global freight forwarding for brands unless they're shipping the product and selling it on Amazon. And so we just took a different, we don't compete with them in that regard. There's some overlap certainly in the fulfillment piece, but in t…”

“We have members of our team who are not hype, They're not subject to hype. Very, you know, realistic living and reality types of engineering leaders who are really believe that we're on the verge of some breakthroughs within our own business of automating, lik…”

“So we rather, yeah, we're not really, we're not interested in being acquired.”

“I think we actually, with fewer engineers now, we're shipping technology faster too, cause we're more focused and more like, yeah, there's real value in just like doing fewer things, but doing them better.”

“We have three Boeing seven 47 in the Flexport fleet. They're not really our planes. They're run by Atlas air. We they paint them with our logo because we we've signed long-term contracts to commit to buying capacity from them.”

“We're, you know, we're the third largest American freight forwarding company, top 10 globally.”

“So if you want to say we compete with Amazon, I think we're a strictly better proposition other than the fact that we don't own amazon.com and have all the demand that that drives.”

“We've got four million square foot facilities, and that was an investment we did with Dave.”

“Well, I think we partner with Amazon a lot, too. I mean, we probably, like, almost 10% of our deliveries go to Amazon.”

“Did have containers on some of these ships and yeah, it's never a dull day in our industry having to notify customers like, oh, your ship was hit by a missile.”

“I'm very firmly anti-tariff. It's bad for my business.”

“Short term is going to be a lot, a goods recession for sure. I mean, there'll be less goods sold because prices will be higher.”

“It's going to crash the price of air freight would be my prediction.”

“We did on Friday, a call down for, I mean, we didn't get in touch with all of our customers, but we call a lot of customers on Friday and they, 28% of them told us that they're pausing all their ocean freight.”

“Merchants on e-com, the ones that we track of our customers have raised prices of five to 10% already. To the consumer.”

“I've seen a dozen examples in the last few months of companies that are, were producing in the U.S. And decided to stop.”

“Not amongst our customers. I haven't seen any flow into the U.S., but I'm seeing it There's a ton of movement out of China.”

“We're making four or 5000 phone calls a day.”

“So we have 400,000 truck drivers on the mobile app... But we only have 200,000 loads a year.”

“Bicycles can be imported duty free, but bicycle components cannot. so they've decided after a decade of manufacturing in the U.S. That they now have to produce overseas because they can import the finished goods and not pay duty, but if they import the compon…”

“At least at Flexport, we're so, we have minimal robots in our fulfillment centers. We're mostly people.”