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Flexport in talks to buy technology from failed freight company Convoy
Flexport in talks to buy technology from failed freight company Convoy
Updated October 27, 2023 at 9:41 a.m. ET
Flexport is in talks to buy technology from Convoy, a collapsed digital freight startup, a move that would expand the freight forwarder’s presence in the U.S. domestic trucking market as the company seeks to regain profitability, according to a person familiar with the negotiations.
Conversations are continuing, the person said, but did not provide additional financial details.
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