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Flexport expands its AI-powered Convoy Platform, offering brokers streamlined operations and significant cost reductions, but industry skepticism persists.
Flexport has announced an expansion of the Convoy Platform, providing brokers with access to thousands of reliable carriers nationwide.
This AI-powered marketplace, which Flexport acquired from Convoy Inc. in November 2023, aims to simplify freight execution and lower operating costs for brokers and carriers.
The Convoy Platform aggregates carrier owner-operators into a unified system, automating load management and reducing manual tasks like negotiation and payment.
The company says this enhancement can cut carrier procurement and management costs by up to 90%, while offering 24/7 operational flexibility and high tracking visibility.
Bill Driegert, Flexport’s EVP and Head of Trucking, emphasizes the platform’s role in adapting to market changes post-pandemic.
Still, Flexport’s expansion of the Convoy Platform signifies a major technological advancement that helps further push the industry forward.
Sources: PR News Wire | FreightWaves
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