Flexport has launched a technology platform that provides global shippers with access to a trucking capacity marketplace of small carriers and owner-operators. The new Convoy...
Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the...
Supply chain logistics company Flexport is reportedly embarking on another sweeping round of job cuts. The firm plans to cut almost 20% of its staff — about 500...
The World Bank isn’t banking on the world’s economy getting much better. At least in the near term. In its semiannual Global Economic Prospects report,...
Supply chain technology startups are reportedly facing a challenging environment as venture capital (VC) firms reduce funding for these companies. The decline in investor support,...
Flexport, a San Francisco-based shipping startup, is reportedly facing skepticism from important customers and a drop in revenue. This follows complaints about issues like canceled...
San Francisco-based digital freight startup, Flexport, has made a significant move in the logistics industry by acquiring Convoy, a Seattle-based trucking startup, according to media...
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....
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...