🎣 Sunny Ahead? Freight Market Outlook
Uber Freight's new program draws scrutiny, ILA negotiations hit a wall, and FMCSA's Operation Protect Your Load takes aim at unlawful freight brokerages.
Flexport expands its AI-powered Convoy Platform, offering brokers streamlined operations and significant cost reductions, but industry skepticism persists.
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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