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Reports of Convoy Winding Down Digital Freight Business

Supply Chain Matters

Supply Chain Matters highlights a breaking news development related to Seattle based trucking based Cloud platform provider Convoy. Bloomberg, The Wall Street Journal and other industry specific media are reporting that Seattle based digital freight start-up services provider Convoy is preparing for a possible sale or other action.

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Flexport Acquires Convoy’s Core Technology

Supply Chain Matters

After reports last week indicating that Seattle based digital freight start-up services provider Convoy was preparing for a possible sale or winding down of business operations there are indications that freight logistics platform provider Flexport will be the acquirer of Convoy’s underlying technology.

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Reports That Convoy Exploring Strategic Options

Supply Chain Matters

A report initially published by The Information ( Paid subscription ) and subsequently industry publication Freightways , cited sources indicating that the Seattle based company, that counted Jeff Bezos , Bill Gates and Marc Benioff as investors, with Fidelity and T Rowe Price as later stage backers has taken this action.

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Agriculture in the City

Enterra Insights

Plenty itself had planned to open a farm near Seattle by this point, but decided to focus on building its tech platform.” In fact, Robbin Laird believes vertical, urban agriculture could become a national security issue.[8] ” Concluding thoughts.

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Prediction- Added Labor Activism Among Industry Supply Chains

Supply Chain Matters

Such activism is manifested not only in labor contract actions or strike actions, but on increasing concerns on the part of a broader swarth of workers relative to job security and a more equitable sharing of the financial benefits of employers. and Europe for programs to train workers in specialized technical dimensions of such production.

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Seeing Supply Chain Visibility through Different Lenses

Bristlecone

Ensuring my order would be included in the earliest shipment that the distributor was planning to make from Seattle to the Oakland warehouse. New sources of revenue and increased staff productivity await logistics service providers. Distributors can create reliable sourcing networks and ensure responsive and scalable customer service.

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2021 Supply Chain Challenges: The Top 5 Lessons Learned + Tips from 11 Industry Experts

ToolsGroup

The biggest lesson that sellers seem to be learning is to attempt to secure backup inventory storage options. Whether through a co-warehousing, sub-lease, or 3PL warehouse scenario, securing backup options has been a key way that sellers have battled this challenge.” – Will Schneider, President, WarehousingAndFulfillment.com.