Convoy

FreightWaves – John Paul Hampstead, Associate Editor – Lane Explorer & Shipper 2.0: race between Uber Freight, Convoy something to behold

By / 2020-09-13

Last week both Uber Freight and Convoy released new data-driven products meant to help shippers understand trends in freight markets. The competition between the two large digital brokerages appears to be heating up and is driving a new wave of technological innovation, creating more transparency and smoothing out information asymmetries.  On Thursday, Uber Freight released …

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Freight.Tech 25: automation and customization drive Uber Freight to #6

By / 2020-09-13

At MarketWaves18, FreightWaves announced the Freight.Tech 25, the industry’s list of the most innovative and disruptive companies in transportation and logistics: Uber Freight took the sixth position. In business media, especially when it comes to technology startups, writers like to throw around the adjective ‘disruptive’, and in most circumstances the descriptor is inappropriate. Most companies—even …

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Tech 25: Silicon Valley money and the network effect lead Convoy to #4 – NewsTechnology Freight.

By / 2020-09-13

Just three years after its founding in Seattle by two former Amazon executives, the leading digital freight brokerage Convoy reached a unicorn valuation and took the #4 spot in the Freight.Tech 25. Dan Lewis, co-founder and CEO, worked at Microsoft and Google before serving as the GM of New Shopping Experiences at Amazon. Grant Goodale, …

Tech 25: Silicon Valley money and the network effect lead Convoy to #4 – NewsTechnology Freight. Read More »

Growing Logistics Startup FourKites Moving to Larger Office – Transport Topics

By / 2020-09-13

Shipping logistics startup FourKites is moving its office to the West Loop Gate neighborhood of Chicago, having outgrown its space in the Loop. The growing software company operates in an industry that is drawing increasing investment as e-commerce giant Amazon.com redefines consumers’ expectations regarding shipping and deliveries. After raising $35 million earlier this year, Chicago-based …

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Convoy's Flex Loads seeks to better connect shippers and carriers while reducing empty loads – Supply Chain 247 – Jeff Berman

By / 2020-09-13

Seattle-based digital freight broker Convoy recently announced the official rollout of a new offering, entitled Flex Loads. Convoy defines a Flex Load as a load that can be picked up or dropped off at a facility over multiple days. With this new offering, Convoy is focusing on providing a better way for shippers and carriers to …

Convoy's Flex Loads seeks to better connect shippers and carriers while reducing empty loads – Supply Chain 247 – Jeff Berman Read More »

App-Enabled Freight Platforms Help Small Carriers Find Loads, Boost Efficiency – Transport Topics – Mindy Long

By / 2020-09-13

The Uber Freight app provides drivers with upfront load pricing and quick payment, the company says. (Uber Freight) Large fleets typically have been the first to benefit from the spread of technology in trucking, but digital freight brokers are working to extend some of the same advantages to smaller carriers and independent drivers. Companies such …

App-Enabled Freight Platforms Help Small Carriers Find Loads, Boost Efficiency – Transport Topics – Mindy Long Read More »

McLeod Expands Digital Freight-Matching Software – Transport Topics – Seth Clevenger

By / 2020-09-13

Attendees peruse the exhibit hall at McLeod Software’s 2018 user conference. (Seth Clevenger/Transport Topics) BIRMINGHAM, Ala. — McLeod Software is expanding its digital freight-matching capabilities to help freight brokers and carriers move loads in a more efficient and increasingly automated fashion. The goal, CEO Tom McLeod said, is to quickly provide transportation firms with the …

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Convoy secures $185 million in Series C funding round – Logistics Management – By Jeff Berman, Group News Editor

By / 2020-09-13

Seattle-based Convoy, a digital freight technology-enabled network, recently announced it secured $185 million in Series C funding. The company said the round of funding was led by the growth equity investment fund of Google’s parent Alphabet City, CapitalG. With this funding, Convoy said that the amount of total capital it has raised now stands at …

Convoy secures $185 million in Series C funding round – Logistics Management – By Jeff Berman, Group News Editor Read More »

Convoy closes $185M Series C to reach unicorn valuation – FreightWaves – John Paul Hampstead, Associate Editor

By / 2020-09-13

Convoy’s founders: CTO Grant Goodale and CEO Dan Lewis. ( Photo: Convoy ) The growth equity investment fund of Google parent company Alphabet, CapitalG, led this round of Convoy’s capital raise, bringing the digital brokerage’s total funding raised so far to more than $265M and a valuation exceeding $1B. As part of the deal, David …

Convoy closes $185M Series C to reach unicorn valuation – FreightWaves – John Paul Hampstead, Associate Editor Read More »

Digital Freight Startup Convoy Raises $185 Million, Surpasses $1 Billion in Value – WSJ – By Erica E. Phillips

By / 2020-09-13

Digital freight-booking startup Convoy raised $185 million in a funding round led by an investment arm of Google parent company Alphabet Inc., GOOG 0.76% adding big new backing for the company competing in an increasingly crowded field trying to reshape U.S. shipping operations. The funding round led by Alphabet’s CapitalG, one of the biggest investments …

Digital Freight Startup Convoy Raises $185 Million, Surpasses $1 Billion in Value – WSJ – By Erica E. Phillips Read More »

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