Connect with us

Technology

Flexport Unveils 20+ Tech and AI-Powered Products to Modernize Global Supply Chains

Published

on

At the forefront of the launch are Flexport Intelligence with an AI Insights Builder, and Flexport Control Tower expanding supply chain visibility and management capabilities.

SAN FRANCISCO, Feb. 24, 2025 /PRNewswire/ — Flexport, the global leader in supply chain technology, today announced its first Winter Release, launching more than 20 tech and AI-powered products designed to transform global logistics. The highlight of the release is Flexport Intelligence, which allows businesses to ask questions in natural language and receive immediate insights about their supply chain performance. Flexport customers can use this AI-powered tool to build reports and create dashboards with no technical skills required, making it extremely easy for operations managers to take control of their global supply chains.

Another major announcement within the release is Flexport Control Tower, which allows businesses to use Flexport’s supply chain technology even for shipments where another carrier or forwarder is contracted to move the freight.

“By launching these powerful new AI-driven supply chain products to thousands of companies around the world, Flexport has immediately become the largest provider of AI tools for global supply chains,” said Ryan Petersen. “While many startups are emerging to provide AI tools for logistics, they lack the data required to train the AI models and struggle to sign up customers to use their technology. Our scale as one of the largest logistics providers in the world gives us huge advantages in both creating the technology and getting it into the hands of businesses operating in the real world.”

Flexport will build the smartest supply chains in the world.
Flexport is uniquely positioned to harness AI’s full potential, combining proprietary data, enterprise-scale operations, and AI-ready tech platforms to make new innovations easily accessible to customers.

“Flexport has been leveraging AI for years, but with the explosion of large language models and new open-source tech, we’re able to innovate faster than ever before,” said Petersen. “AI is incorporated throughout the new products and features you’ll see today. Our vision is to make global commerce as simple and reliable as flipping a light switch, and today’s technology release is the clearest sign that we’re well on our way to bringing that to life.”

Flexport Intelligence consolidates fragmented data into easily accessible, actionable insights. Flexport Intelligence allows businesses to ask complex logistics questions in simple terms and receive instant answers and interactive reports. The business is also enhancing Flexport Fulfillment’s AI Demand Planning and Inventory Placement solution. Using advanced AI models, Flexport can process a multitude of client and industry data points to optimize inventory distribution across the Flexport network, ensuring we allocate the right levels of inventory as close to consumer demand as possible. The company is also expanding its use of AI Voice Agents, deploying them to work with carriers to improve quality and efficiency in its behind-the-scenes operations.

Empower Customers to Manage Supply Chains On-Demand
Flexport Control Tower is pushing to break down silos and give businesses real-time visibility and control over their entire logistics network, even on freight not managed by Flexport. The technology provided end-to-end visibility across the entire supply chain from order creation to final delivery.

“Early adopters of our Control Tower saw freight cost savings of 10% on average,” said Ted Boeglin, VP of North America. “Now, we’re expanding our order management, allocation management, and third-party booking management capabilities to include carrier and supplier scorecards. Control Tower gives companies access to our powerful tools regardless of which company they contract to move their air and ocean freight.”

Flexport is also launching the industry’s first real-time pricing engine for all-in, door-to-door and ocean freight services. Clients can instantly search, compare, and book freight across multiple modes, reducing wait times for quotes from hours to seconds. The company is also enhancing its supply chain messaging product, making it seamless for clients to communicate across their supply chain teams in one secure location. The Flexport Platform has also made major upgrades to its visibility and notification features that include fail-safe mechanisms to detect delays, more accurately predict delivery schedules, and improve shipment tracking.

Transform Logistics from a Cost Center to a Growth Engine
Flexport is also launching dropshipping, an e-commerce fulfillment solution that lets brands sell across 50+ major retailer websites. In addition, Flexport now makes it easier for merchants to sell globally with its new international parcel shipping offering. Flexport is now integrated with Managed Markets on Shopify, and Passport, to simplify global expansion and provide integrated customs, transparent pricing, and reliable delivery for parcel shipments to 200+ countries around the world.

Internal Technology to Deliver the Highest Quality and Best Value for Clients
In this release, Flexport is sharing an inside look at the powerful technology that enables its operations teams to provide unmatched quality, service, and lower costs for customers. From route optimization and workflow automation to customs compliance tools, the company is sharing a look under the hood at how it builds technology to coordinate complexity and simplify the world of global logistics. “Flexport’s technology isn’t just about automation—it’s about augmentation,” said Sanne Manders, President of Flexport. “Our tools free up human ingenuity to tackle challenges AI alone can’t solve, delivering the highest quality service at the best value.”

Going forward, Flexport will introduce its new technology developments through a semi-annual product release cycle, with the next being in late summer. These releases give Flexport an opportunity to showcase the technology investments the company is making to bring to life its vision of a future where global commerce is so easy there will be more of it.

Ryan Petersen will be hosting a special live broadcast to dive into the news and the company’s vision for the future of global trade. Register here and for more details, visit www.flexport.com.

About Flexport
We believe trade can move the human race forward. That’s why since our founding in 2013, it’s our mission to make global commerce so easy there is more of it. Flexport is the tech-driven platform for global logistics—empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. Flexport was one of CNBC’s Disruptor 50 Companies as well as one of Fast Company’s Most Innovative Companies. Trusted by more than 10,000 brands, Flexport connects every step of the supply chain from factory floor to customer door – making it easy for businesses to ship anywhere, sell everywhere, and grow faster.

View original content to download multimedia:https://www.prnewswire.com/news-releases/flexport-unveils-20-tech-and-ai-powered-products-to-modernize-global-supply-chains-302383593.html

SOURCE Flexport, Inc.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

iMarketKorea Signs Two MOUs with Vietnam’s Phu Tho Provincial People’s Committee and BIDV

Published

on

By

Participates in Korea-Vietnam Economic Delegation

Accelerates development of an industrial park in Phu Tho Province near Hanoi, while attracting advanced manufacturing companies and building a supply chain ecosystemPlans parallel development of an Inland Container Depot (ICD) to strengthen logistics competitivenessExpands discussions with Bank for Investment and Development of Vietnam (BIDV) on financial support measures and new business opportunities

HANOI, Vietnam and SEOUL, South Korea, April 27, 2026 /PRNewswire/ — iMarketKorea, a leading industrial materials distribution company led by CEO Kim Hak-jae, announced that it has signed two Memoranda of Understanding (MOUs) with the Phu Tho Provincial People’s Committee and Bank for Investment and Development of Vietnam during the MOU signing session at the Korea-Vietnam Business Forum, hosted by Korea’s Ministry of Trade, Industry and Energy and the Korea Chamber of Commerce and Industry. The company participated in the official Korea-Vietnam economic delegation.

As Vietnam’s investment environment continues to advance, cooperation in production infrastructure such as industrial parks has become increasingly important. Based on prior discussions with Phu Tho Province, iMarketKorea formalized this partnership through the latest agreements.

Located near Noi Bai International Airport, Phu Tho Province is emerging as a strategic logistics hub and an attractive production base for global companies. The province recorded 10.52% gross regional domestic product (GRDP) growth in 2025, ranking fourth among Vietnam’s provinces.

Through the agreement, iMarketKorea plans to develop a national industrial park in Phu Tho Province and actively attract global manufacturing companies. The company also aims to build a supply chain-driven industrial ecosystem by strengthening collaboration among related businesses centered around the industrial complex.

To enhance logistics competitiveness, iMarketKorea will also pursue the development of an Inland Container Depot (ICD) with bonded warehousing functions. An ICD is an inland logistics hub enabling customs clearance and cargo handling. When integrated with the industrial park, it is expected to improve import-export efficiency and strengthen the region’s attractiveness to manufacturers.

Kim Hak-jae, CEO of iMarketKorea, said, “This agreement establishes the foundation for integrated production and logistics infrastructure. Through cooperation with the Phu Tho provincial government and BIDV, we plan to establish a one-stop support system covering administration, finance, legal matters, and taxation. We will also create an environment where high-tech parts and materials companies can effectively utilize local incentives and gradually expand future cooperation.”

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/imarketkorea-signs-two-mous-with-vietnams-phu-tho-provincial-peoples-committee-and-bidv-302753801.html

SOURCE iMarketKorea

Continue Reading

Technology

Global Customers Are Taking a Closer Look at Focused Photonics Inc.

Published

on

By

HANGZHOU, China, April 24, 2026 /PRNewswire/ — For scientific instrument companies competing globally, differentiation increasingly depends on more than product specifications alone. Customers are looking beyond performance claims to assess whether a company can consistently translate technology into manufacturable products, proven applications, reliable delivery and long-term service support.

That shift was evident during Focused Photonics Inc.’s (FPI) Global Customer Experience Day 2026 in Hangzhou, where customers and partners from dozens of countries visited the company’s Qingshanhu Innovation Base, headquarters and live application sites. For many attendees, the event offered a closer look at how a China-headquartered scientific instrument company is building capabilities across R&D, manufacturing, systems integration and lifecycle support.

At Qingshanhu Innovation Base, visitors saw key stages of FPI’s operations firsthand, including engineering, precision manufacturing, system integration, testing and service readiness. For many international customers, these visits are less about viewing a production line and more about assessing execution: whether a supplier has the engineering discipline, manufacturing depth and support infrastructure required to deliver consistently in real operating environments.

This is becoming increasingly important across the industry. As customer expectations evolve, competition is moving beyond stand-alone instrument performance toward integrated solutions, automation, data integrity, compliance and lifecycle value. In industrial and environmental applications in particular, uptime, stability and workflow fit often matter as much as analytical capability.

At its global customer conference, FPI outlined how it is responding to that transition, highlighting continued investment across environmental monitoring, industrial process analysis, laboratory analysis and life science applications. The company is also expanding the role of digitalization, automation and AI to improve application readiness and solution delivery.

Application-focused exchanges during the event reinforced the same point. In discussions on environmental, industrial and laboratory scenarios, customers focused not only on performance metrics, but also on regulatory fit, workflow integration, long-term operation under complex conditions, and the ability of solutions to function reliably once deployed. These are increasingly central criteria in global purchasing decisions.

The clearest proof came from real-world settings. At the Hangzhou Ecological Environment Monitoring Center, visitors saw FPI’s automated water quality laboratory in operation, where sample handling, workflow continuity and data generation are integrated into day-to-day use. For customers, this offered a more concrete view of how a solution performs not just in demonstration, but in routine operation.

Taken together, the event underscored a broader industry reality: global competition in scientific instruments is increasingly defined not only by what a product can do, but by whether a company can manufacture it at scale, deploy it effectively, support it locally and sustain performance over time. That broader operational capability is becoming a decisive part of how international customers evaluate suppliers.

View original content:https://www.prnewswire.com/news-releases/global-customers-are-taking-a-closer-look-at-focused-photonics-inc-302753822.html

SOURCE Focused Photonics Inc.

Continue Reading

Technology

Straits Financial Services Pte Ltd Granted Overseas Intermediary Futures Broker Status by Shanghai Futures Exchange and Guangzhou Futures Exchange

Published

on

By

SINGAPORE, April 27, 2026 /PRNewswire/ — Straits Financial Services Pte Ltd (“SFSPL”), a member of Straits Financial Group, is pleased to announce that it has been granted overseas intermediary (OI) futures broker status by the Shanghai Futures Exchange (SHFE) and the Guangzhou Futures Exchange (GFEX).

This recognition marks an important milestone in expanding international access to China’s futures markets and further strengthens SFSPL’s ability to connect global investors with onshore opportunities.

As an overseas intermediary futures broker, SFSPL will be able to facilitate client access to selected products listed on SHFE and GFEX. The overseas intermediary model significantly lowers barriers to entry for international participants by removing the need for complex onshore structures and enabling more efficient cross-border access, while operating within China’s regulated market environment.

“As China’s futures market continues to open up, this recognition represents a meaningful milestone for both SFSPL and our clients,” said Roger Quek, Chief Executive Officer and Managing Director, Straits Financial Services Pte Ltd. “We are pleased to support international investors with more seamless access to China’s onshore derivatives market, while maintaining a strong focus on risk management, compliance, and execution efficiency.”

As China’s derivatives market continue to evolve, SFSPL is strongly positioned to support clients looking to deepen their involvement in this high-potential market.

SFSPL remains committed to delivering robust trading capabilities, seamless market access, and trusted expertise to help clients navigate global investment opportunities.

About Straits Financial Services Pte Ltd

At Straits Financial Services Pte Ltd, we distinguish ourselves by promoting key and innovative contracts to support the financial and commodity derivative markets as well as providing products and services to fulfill the needs of every trader.

With a strong presence in Asia and a deep understanding of the global markets, we provide value to our clients by enabling global access with a local perspective. Established in 2010, Straits Financial Services Pte Ltd is part of Straits Financial Group which is headquartered in Singapore.

Straits Financial Services Pte Ltd provides a fully-integrated service for our clients to access the financial and commodity derivative markets and we strive to build lasting relationships with our clients.

For more information, please visit our website at https://www.straitsfinancial.com.

This document is issued for information purposes only. This document is not intended and should not under any circumstances to be construed as an offer or solicitation to buy or sell, nor financial advice or recommendation in relation to any capital market product. All the information contained herein is based on publicly available information and has been obtained from sources that Straits Financial Services Pte Ltd believes to be reliable and correct at the time of publishing this document.

Straits Financial Services Pte Ltd will not be liable for any loss or damage of any kind (whether direct, indirect or consequential losses or other economic loss of any kind) suffered due to any omission, error, inaccuracy, incompleteness, or otherwise, any reliance on such information. Past performance or historical record of futures contracts, derivatives contracts, and commodities is not indicative of the future performance. The information in this document is subject to change without notice.

If after reading the foregoing content you have any doubts in relation thereto, please consult your own independent legal, financial and/or professional adviser.

View original content:https://www.prnewswire.com/apac/news-releases/straits-financial-services-pte-ltd-granted-overseas-intermediary-futures-broker-status-by-shanghai-futures-exchange-and-guangzhou-futures-exchange-302752994.html

SOURCE Straits Financial

Continue Reading

Trending