Flexport

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

Flexport plans to lay off 20% of workforce, say insiders

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Global supply chain solutions provider Flexport may be contemplating another round of layoffs in the...

https://www.freightwaves.com/news/flexport-plans-to-lay-off-20-of-workforce-say-insiders

Air cargo market: From ‘doom mongering’ to stability

The air cargo market is experiencing an unexpected bounce during the traditional peak shipping season culminating the year, fueled by e-commerce exports from China, but revenues for air logistics companies could be lower even if strengthening demand carries over into 2024, according to industry experts.

Still, the vibe in industry circles is that the worst of the freight recession is in the rearview mirror, with next year bringing welcome stability even if it takes until late summer for a...

https://www.freightwaves.com/news/air-cargo-market-from-doom-mongering-to-stability

Container shipping outlook 2024: Rising risk of delays, disruptions

The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for 2024.  

Two key container shipping “chokepoints” — the Panama Canal and the Bab-el-Mandeb Strait in the Red Sea — are simultaneously under threat. Container-line financials are under severe pressure, forcing ever more vessel sailings to be canceled. The dockworkers union serving East and Gulf Coast ports is threatening to strike next October. While freight rates are low,...

https://www.freightwaves.com/news/container-shipping-outlook-2024-rising-risk-of-delays-disruptions

White House gives Flexport shoutout for sustainable aviation fuel

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Freight forwarder Flexport picked up a surprising endorsement from the White House during this...

https://www.freightwaves.com/news/white-house-gives-flexport-shoutout-for-sustainable-aviation-fuel

Running on Ice: Finishing the year cold 

Hello, and welcome to the coolest community in freight! Here you’ll find the latest information on warehouse news, tech developments and all things reefer madness-related. I’m your controller of the thermostat, Mary O’Connell. Thanks for having me!

All thawed out 
(Photo: Jim Allen/FreightWaves)

It may be a muted season for dry van loads, but the same cannot be said for new cold storage facilities. Since there are quite a few across the country celebrating breaking ground or completion, a...

https://www.freightwaves.com/news/running-on-ice-finishing-the-year-cold

Loaded and Rolling: Flexport acquires Convoy tech stack

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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

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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

Flexport Sets Sight On Buying Convoy’s Technology

Credit: Robson Hatsukami/ unsplash

Flexport, which last month invested in a tech-enabled truck brokerage, is reportedly in talks to buy Convoy’s technology, after the broker shut up shop this month – but another company is also said to be interested.

Restoring Services

The move follows Flexport’s hiring of Uber Freight co-founder Bill Dreigert as head of North America six months ago, suggesting the company plans to develop this side of its business. Mr Dreigert was hired during the stewardship of...

https://mfame.guru/flexport-sets-sight-on-buying-convoys-technology/

Flexport CEO Petersen overhauls top management

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Flexport CEO Ryan Petersen has reorganized his executive team after retaking the company reins a...

https://www.freightwaves.com/news/flexport-ceo-petersen-overhauls-top-management

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