Flexport is attempting to extend its forwarder reach with small Chinese shippers by partnering with China parcel giant SF Express, the companies said Tuesday.
The agreement will see Flexport offer full containerload (FCL), air cargo, and final mile services in the United States and EU to SF Express’ Chinese customers. SF Express essentially will act as a channel partner for Flexport. The companies said they will connect their platforms for Chinese sellers to create a single interface.
SF Express in April 2018 provided Flexport with a $100 million round of strategic funding. The San Francisco forwarder has since added $1 billion in venture capital funding, bringing its total capital raised to $1.3 billion.
“Our collaboration with SF Express will enable us to further improve end-to-end services and operational capabilities, helping us to elevate the user experience to the next level, both within and outside of China,” Henry Ko, managing director of Flexport Asia, said in a statement.
Flexport said it will also provide shipment status visibility to SF Express customers. The forwarder earlier this month acquired the container visibility software provider Crux Systems.
“Working with Flexport, we hope to further support Chinese companies’ expansion ambitions in overseas markets,” Keith Ip, CEO of international business for the SF Express Group, said in a statement.