Transport Topics: DAT Buys Convoy Platform From Flexport
DAT Freight & Analytics is acquiring Convoy Platform from technology provider Flexport for an undisclosed sum, a little under 18 months after the seller launched the freight-matching platform.
DAT Freight & Analytics is acquiring Convoy Platform from technology provider Flexport for an undisclosed sum, a little under 18 months after the seller launched the freight-matching platform.
DAT Freight & Analytics has announced the acquisition of the Convoy platform from Flexport. Sources suggest the price was around $250m in cash.
DAT Freight & Analytics on Monday said it has agreed to acquire the Convoy Platform from Flexport. Terms of the deal were not disclosed.
DAT Freight & Analytics said Monday it has acquired Flexport’s Convoy Platform product for an undisclosed amount as the spot market load board operator aims to give its broker customers more direct and automated transactional access to truckload carriers.
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