Flexport
Flexport, a logistics company founded in 2013, has expanded its services to help businesses navigate fluctuating tariffs using AI-driven tools and a free Tariff Simulator. The platform is widely used by major companies and U.S. Customs and Border Protection, contributing to a nearly fourfold increase in net revenue since 2023. Flexport's growing influence is reflected in its global operations across 147 countries and its advisory role with White House officials on trade policy impacts.
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In a year of whiplash tariff changes, the companies most exposed to global supply chains need to know what their shipments will cost. Flexport, founded in 2013 as a customs broker, now serves about 13,000 companies and has built AI tools to classify goods, optimize shipments, and price routes as the rules shift. Its free Tariff Simulator lets importers model duty changes by date of entry and even by aluminum content—a critical variable as metals tariffs have upended supply chains. "Pretty much the entire Fortune 500 is using this tool," says CEO Ryan Petersen—alongside U.S. Customs and Border Protection, which is its top user by searches. The moment has been good for business: net revenue has nearly quadrupled since 2023, and Flexport shipped to and from 147 countries in 2025.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at TIME — Top.
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