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Flexport moves forward with the rollout of Convoy’s technology platform
Roughly three months after it acquired the technology and intellectual property of Seattle-based digital freight network Convoy, following the closing of Convoy’s business, due to the effects of the freight recession and a slowdown in capital market activity, San Francisco-based freight forwarding and customs brokerage services provider Flexport said earlier this month that it has formally introduced the rollout of the Convoy platform to its service portfolio.

The Top Logistics News that Shaped 2023
In an annual tradition, LM takes a look at the top news in logistics and supply chain posted in the last year on Logistics Management. The editorial team presents the top 10 logistics stories of 2023.

Is Convoy’s Closure the Beginning of Brokerage Meltdown?
The shutdown of digital broker Convoy has sent shockwaves through the freight world, but it may not be the last brokerage to close its doors.

Convoy’s exit raises the question of if others will follow, note industry observers
While news of the shuttering of Seattle-based digital freight network Convoy reverberated throughout industry circles last week, it raised the question of if there is another shoe to drop, in the form of another well-capitalized player, or players, potentially exit the industry, too.

Convoy is Closing its Doors on Core Business Operations
Following heavy speculation in recent days that it was taking steps to wind down its business operations, Seattle-based digital freight broker Convoy is officially closing down its current core business operations, according to a company letter sent to Convoy employees from Convoy CEO and Co-Founder Dan Lewis.

Letter to employees signals Convoy closing its doors on core business operations
Following heavy speculation in recent days that it was taking steps to wind down its business operations, Seattle-based digital freight broker Convoy is officially closing down its current core business operations, according to a company letter sent to Convoy employees from Convoy CEO and Co-Founder Dan Lewis.

Seattle-based Freight Broker Convoy’s Future in Question
Various media reports are indicating that Seattle-based digital freight broker Convoy is taking steps to wind down its business operations.

Future of Seattle-based Convoy is in question, notes reports
Various media reports are indicating that Seattle-based digital freight broker Convoy is taking steps to wind down its business operations.

Once Worth $3.8B, Convoy’s Future Now in Doubt
Digital freight brokerage Convoy is expected to announce its future in the next 48 hours as rumors swirl that the company, once worth $3.8 billion, could be shutting down.

New Convoy Just-In-Time service aims to meet fluctuating demand challenges
ew truckload freight service offering recently introduced by Seattle-based digital freight network Convoy aims to provide shippers with guaranteed on-time performance within 15 minutes of the scheduled delivery time.

Convoy rolls out new Dedicated On Demand offering
Seattle-based digital freight network Convoy introduced a new service that it said provides shippers with dedicated truck and trailer capacity that can flex to accommodate surges in freight. Entitled Convoy Dedicated On Demand, the company said this new service offers shippers things like cost stability and quality service expected from traditional asset carriers, coupled with the company’s flexibility, for sourcing a single truck or an entire fleet in a matter of days.

Scheduling Standards Consortium leadership address key next steps
While there is often a lot of talk about things like the need for, or even potential, for more standardized processes, when it comes to keeping truck wheels rolling and staying on schedule to meet tight deadlines, there is much more than meets the eye required to take that from a concept to a reality.

Scheduling Standards Consortium set to address needed freight API standards
Three household names in freight transportation and logistics announced they are partnering up in the name of standardization by establishing what they said is the first set of freight-focused appointment scheduling application programming interface (API) standards.

Convoy survey addresses sustainability in trucking
At a time when diesel gasoline prices have hit, or routinely approached, record-high prices, especially in the last year, it stands to reason that motor carriers view sustainability as top of mind. That was evident in a recent survey released by Seattle-based digital freight network Convoy. The survey, entitled “Sustainability in Trucking Snapshot Report: October 2022,” is based on feedback from 588 small- and mid-sized trucking companies, including dispatchers, drivers, and owner-operators.

New Convoy offering focuses on increased depth and insights into shippers’ freight
Entitled Hi-Fi visibility, the company explained that this offering gives shippers detailed, real-time updates across trailer pools and shipments hauled by Convoy-connected carriers, as well as robust analytics geared towards improving supply chain health. Shippers are able to access Hi-Fi Visibility through TMS integrations, APIs, and Convoy’s shipper platform, said Convoy.


 


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