🎣 Can Freight Brokerage Be Automated?
Plus: An infamous double broker is exposed as a DEA informant, Arrive Logistics releases its May freight market update, and more.
IKEA requests legal direction for settling $500K owed to truckers after Convoy's bankruptcy. Funds held in court as payment decision is pending.
Flexport relaunches Convoy Platform, dispatching 200 truckloads on its first day.
One trucker says their factoring company is owed nearly $160,000 in unpaid dues.
Freight giant Flexport seizes Convoy's advanced tech for an undisclosed sum, aiming for a global one-stop-shop logistics game changer.
Flexport eyes the technology of recently shut down digital freight startup Convoy amidst its own struggles in the logistics sector.
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