Load-matching wars escalate as DAT snaps up Convoy

Published on Tuesday, July 29, 2025 by FreightWaves | Found on Glideslope.ai

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.

Pulse AI Analysis

Analysis: neutral
Score: 0.00

-100 (Bearish) +100 (Bullish)

Sentiment Score: 0.00 - Neutral sentiment.

This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.

Glideslope AI

Load-matching wars escalate as DAT snaps up Convoy

FreightWaves • Jul 29, 2025 • Found on Glideslope.ai

Post hash: 98736497308698371978 • glideslope.ai/post/98736497308698371978

Sentiment

neutral • Score: 0.00

-100 (Bearish) +100 (Bullish)

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