Flexport Acquires Convoy

Flexport announced plans to acquire Convoy, further restoring its trucking logistics services for the now-shuttered digital freight network.

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Marina Mayer
Nov 17, 2023
Flexport
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Flexport announced plans to acquire Convoy, further restoring its trucking logistics services for the now-shuttered digital freight network.

According to a memo released by Flexport CEO Ryan Petersen, Flexport is only taking on a small group of team members as well as the digital assets. The acquisition does not include the business itself or its liabilities.

As a result, Flexport will offer a full range of trucking services, including FTL, LTL, drayage (ocean) trucking, cartage (airport) trucking, and eventually intermodal (rail) trucking services to customers of our international freight forwarding services.

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