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Convoy Inc. operates a digital freight marketplace that connects shippers with truck drivers, enabling real-time freight booking, dispatching, and tracking through its technology platform. Founded in 2015 and headquartered in Seattle, the company has positioned itself as a leading disruptor in the traditional freight brokerage industry by leveraging machine learning and automation to optimize logistics operations. The B2B marketplace eliminates inefficiencies in freight matching by providing transparent pricing, reducing empty miles for truckers, and offering shippers greater visibility into their supply chains. Convoy has attracted significant investor interest, achieving a valuation of $3.8 billion through multiple funding rounds, reflecting confidence in its technology-driven approach to transforming the $700 billion trucking industry. The company continues to expand its network of carriers and shippers while enhancing its platform capabilities, focusing on sustainable logistics solutions and further automation to capture market share from traditional freight brokers and improve overall supply chain efficiency.
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