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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

Food grown close to consumers reduces both transportation costs and food waste. 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]

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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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The Amazonification of Logistics

Techgistics

In 2016, third-party sellers accounted for approximately 50% of Amazon’s unit sales and are also Amazon’s second largest source of revenue - $23 billion in 2016 a 43% gain on 2015. Amazon Fresh A grocery delivery service that started in Seattle in 2007 and now operates in 16 cities.

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Transloading 101: Logistics Guide to Understanding This Essential Shipping Process

ShipBob

When it comes to the long-distance transfer of goods, you probably want the best of both worlds: economical rail transport and flexible over-the-road trucking. Interested to know more about this form of long-haul transportation ? Transloading is process of moving goods between different modes of transportation.