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 ...

Digital freight network Convoy Inc. was forced to shut its doors after no viable options to continue operations emerged, CEO Dan Lewis said in an Oct. 19 memo to employees. Convoy Inc. ranks No. 54 on ...

Seattle-based trucking marketplace company Convoy has paused shipments, leaving the future status of the company unclear. Reports emerged Wednesday that the company canceled loads from its marketplace ...

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 ...

Co-founder and CEO Dan Lewis said Convoy spent over four months “exhausting all viable strategic options for the business,” but no buyers or investors stepped up. Courtesy of Convoy The company will ...