Convoy: Flexport Bolsters its Position in Digital Freight with Convoy Acquisition

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 reports Wednesday (Nov. 1). This acquisition comes after Convoy recently announced the closure of its business due to financial difficulties and an unsuccessful search for an acquirer. Convoy, which had [...] The post Flexport Bolsters its Position in Digital Freight with Convoy Acquisition first appeared on PYMNTS.com.