🎣 Warrants Served
Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
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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