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Reports of Convoy Winding Down Digital Freight Business

Supply Chain Matters

Supply Chain Matters highlights a breaking news development related to Seattle based trucking based Cloud platform provider Convoy. Bloomberg, The Wall Street Journal and other industry specific media are reporting that Seattle based digital freight start-up services provider Convoy is preparing for a possible sale or other action.

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2021 Supply Chain Challenges: The Top 5 Lessons Learned + Tips from 11 Industry Experts

ToolsGroup

We’re currently seeing a major paradigm shift away from mass manufacturing with long lead times being replaced by onshore and nearshore supply chains that are capable of manufacturing, distributing and fulfilling orders on-demand without the friction of ocean freight, labor shortages, and other bottlenecks.” – Alex Phelan, CEO, Merchadise.

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Flexport Acquires Convoy’s Core Technology

Supply Chain Matters

After reports last week indicating that Seattle based digital freight start-up services provider Convoy was preparing for a possible sale or winding down of business operations there are indications that freight logistics platform provider Flexport will be the acquirer of Convoy’s underlying technology.

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Reports That Convoy Exploring Strategic Options

Supply Chain Matters

Supply Chain Matters This Week in Supply Chain Tech updates readers on reports indicating that innovative digital freight brokerage start-up Convoy is exploring strategic options. In turn, that has put pressure on traditional and digital freight brokers who typically sell their logistics services to shippers on a contract rate basis.

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Webinar Q&A: Answers to 8 Common Freight Market Questions

CH Robinson Transportfolio

webinar, we provided an in-depth analysis of current supply and demand trends in the North American freight market. Source: ACT Research April 2021 Freight Forecast report. And when can we anticipate that surge of backordered items to hit the freight market? During last week’s Market Insights Live!

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Top Digital Supply Chain Cities in the U.S.

Material Handling & Logistics

Content Summary: Chicago ranks number 1 among the seven metro areas in projected supply chain management and technology employment growth; in net job creation for supply chain-related industries; in freight flow; and in inventory holding. New York City. Media Type. Media Caption. New York City. Privacy Settings. anonymous user. Media Image.

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Enabling Supply Chain Flexibility: Two Important (But Often Overlooked) Factors

Talking Logistics

That was the central question Matt Castle, Director of Air Freight Services at C.H. In light of these risks, developing a flexible supply chain is the best strategy for success, but what does that mean exactly and how can companies get there? Robinson , and I addressed in a recent episode of Talking Logistics.