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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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Winter Alert: Winter Weather Conditions Developing Across Much of the US

GlobalTranz

The Louisiana Department of Transportation reported that all state-maintained roadways, except for I-20 and I-49 (sections that remain open), in the seven-parish Northwest region were deemed impassable because of winter weather conditions. Source: NWS. All westbound lanes of I-40 near Albuquerque, NM are closed.

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Top Digital Supply Chain Cities in the U.S.

Material Handling & Logistics

The following slideshow offers a look at how the seven cities studied ended up in the overall rankings of their digital supply chains. New York City. Media Type. Media Caption. New York City. Privacy Settings. anonymous user. DataTable subpages. Media Image. transactionID. cb437ab9-5bbc-4df8-ad7b-c9e11d83b205. Printer-friendly version. Media Type.

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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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This Week in Logistics News (July 3 – 9)

Logistics Viewpoints

Prime Minister Yoshihide Suga said it was essential to prevent Tokyo, where the highly infectious Delta COVID-19 variant was spreading, from becoming the source of another wave of infections. Roughly the size of a small cooler, Amazon Scout vehicles can transport small packages along sidewalks at walking pace.

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This Week in Logistics News (July 25-29, 2016)

Talking Logistics

Seattle startup Flexe pulls in $14 million from investors (The Seattle Times). Whether it’s in trucking or freight forwarding, technology-led startups are looking to change the status quo in transportation. For related commentary, see Are Today’s Transportation Tech Startups the Uber of Trucking or the Tinder of Trucking?