Digital freight startup Transfix sold its brokerage unit and is resetting itself as a software provider, the latest in a string of setbacks for digital upstarts that only a few years ago threatened to ...

Convoy, one of the early “Uber for Freight” tech brokerage startups, looks to be a casualty of the freight recession and the investor funding drought. The company this week let most of its employees ...

PHOENIX—The carrier-shipper relationship is broken, according to Ed Burns. His startup wants to disrupt the truckload market with a matchmaking service that takes freight brokers out of the equation. ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Coyote Logistics veteran Matt Silver raised $12 million ...

The freight brokerage industry, once driven by venture capital funding, is grappling with a changing financing landscape and liquidity challenges. Brokers who borrowed against accounts receivable (AR) ...