Freight Market news and trends

Digital Freight Startup Convoy Suspends Operations
Supply Chain // October 18, 2023

Digital freight startup Convoy has announced the suspension of its operations and the winding down of its core business. The company, which was founded by former Amazon executives and which has attracted money from prominent tech investors, is now exploring alternatives that may include selling its technology. Last...

Quick Reads
Digital Freight Startup Convoy Suspends Operations

October 18, 2023
Digital freight startup Convoy has announced the suspension of its operations and the winding down of its core business. The company, which was founded by former Amazon executives and which has attracted money from prominent tech investors, is now exploring alternatives that may include selling its technology. Last year, Convoy raised $260 million in a funding round, valuing the […]