Petersen: Tech-only cargo trackers cannot afford manual human updates
Ryan Petersen · Is it Flexport + Shopify vs. Amazon? — With Ryan Petersen · Mar 6, 2024 · at 42:24
Ryan Petersen, CEO of Flexport, contrasts Flexport's freight-forwarding unit economics with pure-play visibility SaaS companies during supply chain crises.
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“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 containers. We need to make sure that our data is right. And so we can spend more money on, on the tracking side.”
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