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Convoy was an American trucking software company co-founded by CEO Dan Lewis and CTO Grant Goodale. [1] The company was shut down in November 2023, while its assets and some of the employees were acquired by Flexport .
This subsidiary was a union owner-operator company with specialized trailers, such as flat beds, drop decks and heavy haul, to service their existing customers with freight that couldn't be transported in CF's van trailers. By 1981, the company's stock was valued at $38.00/share. Also in 1981, CF won a case before the U.S. Supreme Court, Kassel ...
The company was founded by Consolidated Freightways (CF) of Portland, Oregon, as a non-union spinoff, for LTL hauling. In 2009, Con-way Freight reported revenues of over $2.6 billion. [ 4 ] In 2015, Con-way Inc., including Con-way Freight and sibling company Con-way Truckload , was acquired by XPO, Inc. , a primarily non-asset logistics company ...
The trucking industry was hit hard by the coronavirus pandemic in 2020. Since then, economic activity has improved, and freight market conditions have stabilized enough for volumes to return to ...
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Shares of Convoy Global Holdings, the financial services company at the centre of Hong Kong's biggest corporate scandal, will be delisted on Tuesday as it had failed to fulfil its obligation that ...
Con-way, Inc. was an American multinational freight transportation and logistics company headquartered in Ann Arbor, Michigan, United States.With annual revenues of $5.5 billion, [2] Con-way was the second largest less-than-truckload transport provider in North America, with additional operations for global contract logistics, managed transportation, truckload and freight brokerage.
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