Sources: Flexport lost at least $2M/month in 2023 on its air freight deal with Apple, started in late 2022 to ship products from some Asian factories to the US (The Information)

The Information:

Sources: Flexport lost at least $2M/month in 2023 on its air freight deal with Apple, started in late 2022 to ship products from some Asian factories to the US  —  For Flexport, a logistics company billing itself as the future of trade, it’s hard to think of a more impressive client than Apple, the poster child of globalization.