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- Is Convoy’s Demise the end of the Road for Supply Chain Tech financing?
Is Convoy’s Demise the end of the Road for Supply Chain Tech financing?
Is Convoy’s Demise the end of the Road for Supply Chain Tech financing?
A Note From Me
Is Convoy’s Demise the end of the Road for Supply Chain Tech financing?
Convoy entered the scene as an intriguing disruptor, offering a digital marketplace that leveraged machine learning to match shippers and truckers more efficiently. This innovation promised to reduce costs and bring transparency to the freight industry. With investors like Amazon CEO Jeff Bezos, LinkedIn co-founder Reid Hoffman, and others, Convoy raised a substantial $1.1 billion. They also had high-profile clients too! Shipping heavyweights like AB InBev, Unilever, P&G, and Home Depot were regular clients.
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What We're Reading
The Workers Who Make Your Clothes Want Higher Pay. Who Should Pony Up? (WSJ)
The right stuff: How Build-A-Bear is creating a cuddly (and lucrative) empire (RetailDive)
Supply Chain Unicorns Say: We’re Not the Next Convoy (TheInformation)
These Five Countries Are Key Economic ‘Connectors’ in a Fragmenting World (Bloomberg)
Shipping Cutoff Dates
December 2023 Cutoff Dates now available
Core Supply Chain KPIs
Find more Logistics Industry News from our trusted partner, Laufer here
New Episode of E-commerce on Tap
In our latest episode, Nathan engages with Jason from iTristan Group to dissect the intersection of macroeconomic trends and ecommerce. They delve into optimizing inventory against the backdrop of economic shifts and how supply chain automation is becoming a game-changer in commerce.
