Load-matching wars escalate as DAT snaps up Convoy

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DAT Freight & Analytics has announced the acquisition of the Convoy platform from Flexport. Sources suggest the price was around $250m in cash. DAT intends to shift away from its main business: a dumb load-board service that connects brokers with carriers. Convoy, a venture-backed unicorn, shut down abruptly in October 2023. Flexport snapped up its […]
The post Load-matching wars escalate as DAT snaps up Convoy appeared first on FreightWaves.
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