Supply chain logistics firm Flexport is reportedly in discussions to purchase freight startup Convoy’s technology. The acquisition, if successful, would bolster Flexport’s move into the U.S. trucking market on its road to retain profitability, The Wall Street Journal (WSJ) reported Friday (Oct. 27), citing a source familiar...
Digital freight startup Convoy has announced the closure of its business. The Seattle-based trucking startup, which counted Jeff Bezos and Bill Gates among its investors, has announced that it was closing its doors after an unsuccessful four-month search for an acquirer, Bloomberg reported Thursday (Oct. 19). In...
Tech-enabled disruptors promise to upend the way things have always been done to help streamline industries that are paper-reliant, process-reliant and perhaps ripe for a shake-up. For some newer firms that have gone from concept to multiple funding rounds at what might seem breakneck speed,...
February 04, 2020
Tech-enabled disruptors promise to upend the way things have always been done to help streamline industries that are paper-reliant, process-reliant and perhaps ripe for a shake-up. For some newer firms that have gone from concept to multiple funding rounds at what might seem breakneck speed, the question becomes whether the disruptors themselves can avoid being […]
October 29, 2023
Supply chain logistics firm Flexport is reportedly in discussions to purchase freight startup Convoy’s technology. The acquisition, if successful, would bolster Flexport’s move into the U.S. trucking market on its road to retain profitability, The Wall Street Journal (WSJ) reported Friday (Oct. 27), citing a source familiar with the matter. Convoy announced it was winding down its […]
October 19, 2023
Digital freight startup Convoy has announced the closure of its business. The Seattle-based trucking startup, which counted Jeff Bezos and Bill Gates among its investors, has announced that it was...
