WSJ News Exclusive | Flexport in Talks to Buy Failed Freight Firm Convoy’s Technology

[ad_1]

Updated Oct. 27, 2023 9:41 am ET

Flexport is in talks to buy the technology of collapsed digital freight startup Convoy, a move that would expand the freight forwarder’s push into the domestic U.S. trucking market as the company seeks to climb back into profitability, according to a person familiar with the talks.

The conversations are continuing, the person said, but didn’t provide additional financial details. 

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

[ad_2]

Source link