Flexport were advertising for roles on HN a few months ago. I'm sure they come up regularly for roles?
Internet rando analysis: Flexport most likely surfed the COVID wave of shipping, but the new macro makes the go forward much more challenging with aggregate demand declining (you can see this in both marine and over the road shipping volume declining). Boom time->war time transition as an org, hit by both rapidly rising interest rates (cost of capital, equity valuations) at the same time as volume declines precipitously.
https://www.flexport.com/research/post-covid/
https://www.flexport.com/research/after-the-boom-evolving-e-...
https://www.flexport.com/blog/how-long-will-covid-impact-las...
https://www.freightos.com/wp-content/uploads/2023/05/FBX-Oce...
https://www.cnbc.com/2023/04/24/economy-is-in-a-freight-rece...
https://www.ccjdigital.com/economic-trends/article/15543395/...
https://talkbusiness.net/2023/02/u-s-freight-volumes-fall-to...
https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu...
It seems a lot of these actions followed that failure.
Clearly the opposite was the case with AWS, but was that clear at the time? I can’t remember, if I even knew at the time.