It’s over: Convoy shutting operations, no strategic white knight to the rescue
Digital brokerage Convoy is closing, with no buyer coming in to rescue its operations.
Digital brokerage Convoy is closing, with no buyer coming in to rescue its operations.
Digital brokerage Convoy has canceled all shipments and shut its load board, with an announcement of its future upcoming.
Big fleets can afford them, but are electric trucks a solution for 3PLs? Uber Freight and WattEV are working together to find out.
RXO, spun off Nov. 1, released its third-quarter earnings to the SEC for its first stand-alone numbers.
Digital freight-matching brokerage Transfix is in discussions with a special purpose acquisition company that could lead to its listing as a public company, according to Bloomberg.
Profit and loss (P&L) sheets provide key insights to a company’s financial performance.
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. News reports that Uber is re-evaluating non-core units […]
Charley Dehoney writes about digital brokerages and what they really are and do…
Executives from Axle Logistics, Network Transport, Transfix, and Convoy weigh in on peak season 2018: higher volumes and less volatility than 2017 means that most brokers are sitting pretty.
Capacity creator, waterfall tendering, and max buys based on near-time market rates should help make brokers even more productive.
Goldman Sachs issued a report last week highlighting the risks to incumbent brokerages’ margins and market shares, with useful information about the brokerage landscape and recent developments in VC funding that have powered new entrants.