Convoy

Flexport expands Convoy Platform to connect more brokers, carriers

Flexport announced Monday it is expanding the Convoy Platform for brokers by giving them access to thousands of carriers in its network across the country.

The global supply chain solutions provider acquired Convoy’s technology and intellectual property in November, after the digital truck brokerage shut down permanently in October.

The Convoy Platform was launched in February, aiming to build a one-stop shop to ship products around the world.

window.googletag = window.googletag || {cmd: []};...

https://www.freightwaves.com/news/flexport-expands-convoy-platform-to-connect-more-brokers-carriers

More EBITDA losses at Uber Freight but Ron touts brokerage-TMS integration

The EBITDA losses keep piling up quarter after quarter at Uber Freight, but President Lior Ron offered nothing but optimism in an earnings preview interview, saying the integration between the legacy digital brokerage with Transplace is mostly complete and its future is looking up.

Uber Freight’s earnings before interest, taxes, depreciation and amortization for the first quarter, released Wednesday as part of the parent company’s (NYSE: UBER) earnings report, showed a loss of $21 million. That...

https://www.freightwaves.com/news/more-ebitda-losses-at-uber-freight-but-ron-touts-brokerage-tms-integration

FleetPulse spun off from Great Dane, raises $11M for trailer telematics

Trailer telematics provider FleetPulse announced Wednesday it is spinning off as its own company after being incubated under trailer manufacturer Great Dane since 2017. 

“As the first OEM to develop a smart trailer solution, Great Dane is proud of the growth achieved by FleetPulse and excited that these offerings can now be made available as part of an independent company to push the broader industry forward,” Rick Mullininx, president and COO of Great Dane, said in the release.

The telematics...

https://www.freightwaves.com/news/fleetpulse-spun-off-from-great-dane-raises-11m-for-trailer-telematics

Flexport launches The Convoy Platform

Almost four months after acquiring the technology and IP of shuttered digital truck brokerage Convoy, Flexport has launched The Convoy Platform.

The slimmed down technology platform aims to offer small carriers access to freight, while offering shippers and brokers real-time competitive rates, shipment visibility and on-time performance, Flexport officials said.

“Today’s launch of The Convoy platform furthers Flexport’s product vision to build a true one-stop-shop to ship any product, in any...

https://www.freightwaves.com/news/flexport-relaunches-digital-freight-network-convoy

Convoy autopsy continues: Panel sees capacity issues, lack of discipline

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-4’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-4’); });

NEW YORK — The movers and shakers who descend on New York City each December to talk about the role...

https://www.freightwaves.com/news/convoy-autopsy-continues-panel-sees-capacity-issues-lack-of-discipline

Some Convoy carriers say collapsed startup owes them thousands of dollars

Several trucking companies that hauled loads for Convoy, a digital freight brokerage that shut down in October, said the defunct company owes them thousands of dollars for loads they completed. 

Before Convoy closed, it had some 80,000 carriers in its network and more than 500 employees. On Oct. 18, Convoy employees told its carriers that all loads were suspended. One former employee told FreightWaves he assumed that a company was going to acquire Convoy, while another believed there was just a...

https://www.freightwaves.com/news/some-convoy-carriers-say-collapsed-startup-owes-them-thousands-of-dollars

Convoy’s collapse, legacy tied to ushering tech into volatile freight markets

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

CHATTANOOGA, Tenn. — Despite one of the most unprecedented downfalls in transportation and logistics...

https://www.freightwaves.com/news/convoys-collapse-legacy-tied-to-ushering-tech-into-volatile-freight-markets

As economy motors along, trucking prepares to downshift

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

To underscore the fragile state of trucking, FreightWaves CEO Craig Fuller pointed to a development...

https://www.freightwaves.com/news/as-economy-motors-along-trucking-prepares-to-downshift

Loaded and Rolling: Flexport acquires Convoy tech stack

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-22’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-22’); });

Flexport acquires Convoy tech stack for undisclosed sum

(Photo: Jim Allen/FreightWaves)

The Convoy...

https://www.freightwaves.com/news/loaded-and-rolling-flexport-acquires-convoy-tech-stack

Flexport acquires Convoy technology stack for undisclosed sum

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

Flexport announced Wednesday that it has acquired Convoy’s technology stack. FreightWaves reported...

https://www.freightwaves.com/news/flexport-acquires-convoy-technology-stack-for-undisclosed-sum

+ More