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Flexport CEO Ryan Petersen’s high-stakes test amid tariff turmoil: ‘You can’t be freaking out’


At 11 a.m. in California last Thursday, the day after President Donald Trump declared sweeping new tariffs under what he dubbed “Liberation Day,” Ryan

The founder and CEO of Flexport, a now 12-year-old global logistics and customs brokerage firm, had spent the previous night studying the fine print himself, preparing to explain a dizzying new reality for U.S. importers. The likely result, in Petersen’s view, is more widespread costs passed along to U.S. importers, and a lot of maritime workers who lose their jobs as ships look to minimize the number of stops they make. In the meantime, Petersen and his team are on their feet, answering phones, tweeting up a storm, and breaking webinar platforms to keep the supply chain moving and the panic at bay.

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