Convoy cancels all shipments, load board is empty, announcement upcoming

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A change is brewing in the next day or two at digital brokerage Convoy Logistics, with reports...

https://www.freightwaves.com/news/convoy-cancels-all-shipments-load-board-is-empty-announcement-upcoming

Can electric trucks make sense for digital brokerages?

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Big fleets can afford to try out electric trucks that cost up to four times as much as diesel...

https://www.freightwaves.com/news/can-electric-trucks-make-sense-for-digital-brokerages

RXO’s Q3 full-quarter earnings reported to SEC; Jefferies gives ‘buy’ rating

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RXO became a publicly traded company Nov. 1 after its spinoff from XPO Logistics, and Wall Street...

News alert: Transfix said in talks to go public in reverse merger

Digital freight brokerage Transfix Inc. may be the reverse merger target of a $150 million special purpose acquisition company (SPAC), according to Bloomberg.

Transfix and Tuscan are in exclusive negotiations, with terms yet to be finalized, according to a person with knowledge of the talks that Bloomberg did not identify because the discussions are private. Neither New York City-based Transfix nor Tuscan Holdings Corp. II (NASDAQ: THCA) would comment on discussions. 

Tuscan II raised $150...

https://www.freightwaves.com/news/news-alert-transfix-said-in-talks-to-go-public-in-reverse-merger

Commentary: Digital freight brokers face a moment of truth

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

News reports that Uber is re-evaluating non-core units like Uber Freight did not take me by surprise.

 To learn more about what’s happening, you can read JP Hampstead’s Uber ‘re-evaluating’ non-core units like freight, WSJ reports, which ran in FreightWaves on Monday, May 18.

Defining the problem

In The Business of Platforms by Michael Cusumano, Annabelle Gawer, and...

https://www.freightwaves.com/news/commentary-digital-freight-brokers-face-a-moment-of-truth