remote work News & Analysis

Flexport Revenue Increased to $3.3 Billion During Pandemic Shift

Flexport's revenue rose to $3.3 billion in 2021 from $670 million pre-pandemic, benefiting from the shift to remote work and increased freight demand. CEO Ryan Petersen stated that remote work should be limited to highly skilled workers in developing countries, indicating a shift in company policy towards in-office work five days a week. Despite the call for return-to-office, about 26% of U.S. paid workdays were still done from home in May 2026. Petersen's remarks suggest potential challenges for remote workers in achieving higher pay in their home markets.