Digital freight broker Convoy announced Thursday that it's shutting down operations. Convoy raised $260 million at a $3.8 billion valuation just 18 months ago. The announcement comes just one week ...
Add Yahoo as a preferred source to see more of our stories on Google. A “perfect storm” including 2023’s freight recession and an industrywide pullback in venture funding has led digital trucking ...
Seattle-based freight startup Convoy is closing down business operations and laying off most of its staff, according to a memo sent to employees Thursday morning by CEO Dan Lewis. The abrupt shutdown, ...
36th Annual State of Logistics Report: Navigating uncertainty amid rising costs and global disruptions The 36th Annual State of Logistics (SoL) Report highlights a logistics market tested by economic ...
Flexport, the new operator of the rebooted Convoy Platform, responded to Overdrive inquiries about the trucking companies left unpaid when the digital freight brokerage's platform suddenly shut down ...
Two weeks after Seattle trucking startup Convoy abruptly shut down operations and laid off most of its roughly 500 employees, the company’s technology and some of its key personnel will move to fellow ...
Convoy, a digital freight startup founded by former Amazon.com (NASDAQ:AMZN) executives, is suspending operations and winding down its core business as it explores alternatives, including the ...
GeekWire chronicles the Pacific Northwest startup scene. Sign up for our weekly startup newsletter, and check out the GeekWire funding tracker and VC directory. by Kurt Schlosser on Jun 26, 2023 at ...
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