Founder and CEO of Flexport. Tariff whisperer

USA
Joined October 2011
Here's a fact to drive home just how incredible the current tanker market is: It is now cheaper to book a standard Falcon 9 launch ($74m) than it is to take a VLCC from the USG to the Far East (~$80m). #OOTT #tankers
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Why do stock apps only show share-based metrics (EPS, 52wk high/low, etc) rather than the financials of a business?
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Sean Frank
@SeanfrankSep 22
Some employees are scared that ai will replace them or devalue their skills If they are spreadsheet masters, and have spent two decades perfecting v lookups, then what are they suppose to do about this new robot that can one shot their workflows The irony is, if they just leaned in and learned ai with the same passion they learned excel, they would be worth 5x to the org They would make more money, they would be future proof, they would get promoted I don’t need anymore people who know spreadsheets I need 50 people who are passionate about agents And the beauty is its brand new. No one has more experience than anyone else Amazing time for the curious and interested!
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Rent free in my head. Every candle I look at.
The risk-reward ratio on candles is so bad. Upsides: Pleasant mood lighting that potentially smells nice. Downsides: Breathing in carbon monoxide, potentially losing your house and maybe dying a fiery death.
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Hey United - not sure how long it takes to install Starlink on a plane, but I’d be willing to bet that a ton of your customers would volunteer to physically assist so we can get it on all the planes already.
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When you work for Josh Kushner vs when you work for Mark Cuban
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I’ve seen enough, RFK needs to approve Reta asap
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SpaceX still has the opportunity to do the funniest thing with this rocket
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Zipline is the future of all instant delivery. Everyone else is just catching up to this fact.
Keller Cliffton
@KellerAug 17
What if your dinner could fly over traffic instead of sitting in it? We are now scaling to provide Uber Eats more than 1 million autonomous deliveries a day. Uber is becoming an investor in Zipline. We’ve entered the scaling era for robotics and physical AI.
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Flexport 747 landing at Las Vegas, showing its mist over the wings 🎥 Turbo.T.Watter
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Wow, was enjoying my morning coffee and @typesfast is on CNBC telling the story so their viewers know it!*
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TBPN
@tbpnAug 5
🚨 EXCLUSIVE: Flexport CEO Ryan Petersen spotted smiling on a dock in San Francisco, fueling rumors that a deal to reopen the Strait of Hormuz is imminent
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Been living in New York City for 5 years after spending my life in California. Love the energy here, and we’re making it home. But the contrast in weather has been shocking, and I’m dreading the long stretch of endless cold weather that’s just around the corner. There’s no question that the quality of life is better in California, and anyone who thinks differently has either not lived on both coasts, or lying to themselves.
This map shows the best weather in the entire country is along the California coast. What do you think?
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Replying to @typesfast
This makes so much sense. AI Capex explosion, you still gotta have logistics for getting everything. Flexport is now an AI capex beneficiary wow
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Any guesses for how much these world cup final tickets are going for?
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As someone who lives in Portugal which already stops every single package you get from outside EU with no exceptions for a decade or more: I can tell you how this will go From now on if you receive a package from outside EU, it'll first go missing for weeks and nobody will know where it is, then you'll receive an email from your country's customs agency They'll make you login to some extremely unusable and outdated web portal which breaks half the time and where you have to classify your shipment in one of 10,000 confusing category codes Depending on the category code you'll pay a different tax rate, sometimes it's 5% sometimes it's 60% Then you have to pay the customs duty in some archaic way that will also be broken half the time And then you'll finally receive your package from outside EU after months Experiencing this for a few times you'll realize you will never ever try to order or receive anything from outside EU ever because the ordeal is too painful and expensive I get asked a lot here by people from US to test out new products (like the guy who made the Minimal Phone) and it's just literally impossible for me to receive it even for testing. I tried to classify it as samples for testing but you need to go through a bureaucratic process of insane lengths to get that through so I just gave up Realistically all this does is make Europeans live even more in the stone ages, as now they can't use modern AI, nor get modern products from outside EU because it'll be too much hassle to order
From today, customs duties apply to e-commerce parcels worth up to €150 entering the EU. 30 million Europeans work in retail; it's our our largest private-sector employer. And the surge in low-value online imports has put our retailers at an unfair disadvantage. Too many of these products also fail to meet EU safety standards, putting consumers at risk. Today's change is about restoring fairness for European businesses and better protecting our consumers.
Readers added context they thought people might want to know
Ursula von der Leyen said in an official statement on February 11, 2025: "Tariffs are taxes - bad for business, worse for consumers." ec.europa.eu/commission/pre… x.com/vonderleyen/st…
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From today, customs duties apply to e-commerce parcels worth up to €150 entering the EU. 30 million Europeans work in retail; it's our our largest private-sector employer. And the surge in low-value online imports has put our retailers at an unfair disadvantage. Too many of these products also fail to meet EU safety standards, putting consumers at risk. Today's change is about restoring fairness for European businesses and better protecting our consumers.
Readers added context they thought people might want to know
Ursula von der Leyen said in an official statement on February 11, 2025: "Tariffs are taxes - bad for business, worse for consumers." ec.europa.eu/commission/pre… x.com/vonderleyen/st…
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Elon Musk
@elonmusk20 Feb 2025
Fraudsters complain the loudest when you take away their fraud
"One lesson I remember from PayPal days: Do you know who complained the loudest? Fraudsters. There would be immediate over the top indignation from the fraudsters. We're going to see outrageous stuff from fraudsters as we continue cracking down, they're the loudest." -Elon Musk
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The SoftBank pitch that got a billion-dollar check. "First time I met him (Masa) would've been at his house in Woodside. Considering the size of the check, I thought it was a surprisingly short meeting. An hour. He pushed us to 'be cheaper than everybody.' Whatever the price of freight is, just be 10% cheaper, and if someone matches you, beat them by 10%. Which is like a terrible strategy. We would've burned so much money. But he just wanted to push you to go bigger." @typesfast
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