Big news we announced yesterday: Flexport has sold the Convoy Platform to @datfreightteam. This is a massive win—for Flexport, DAT, the Convoy team, and the freight industry.  🧵
I genuinely believe Convoy could have generated $1B+ in EBITDA inside Flexport someday. But the truth is, Flexport will do even better by sharpening our focus on our core mission.
I’ll finish where I should’ve started, with sincere gratitude to the Convoy team for the results you’ve achieved, for the friendships I hope will long outlast this transaction, and perhaps most of all the the opportunity to work side by side with you to see how quickly a small, cracked team that’s laser focused can achieve results.
I’m in awe of you guys and so excited to see our theories of marketplace liquidity at scale play out on 3x fast forward mode at DAT.
146,16K