Financial News

A year after layoffs, Arrive Logistics bouncing back with revenue surge, $300M-plus in funding

Austin freight brokerage Arrive Logistics Inc. had a tumultuous 2020, at one point laying off 10% of its staff as the pandemic took hold of the world and disrupted shipping markets. But the company's turnaround has been remarkable. It ended 2020 with $810 million in gross revenue and is now eyeing more than a billion dollars in sales in 2021.
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