Flexport (formerly Convoy)
San Francisco, CA · Founded 2015 · Asset-light (digital freight platform) · 48 states
Company Overview
Flexport acquired the digital freight platform Convoy in 2023 after Convoy shut down due to funding challenges. The combined entity operates as a technology-driven freight platform connecting shippers with carriers. The original Convoy platform was known for its app-based load matching and automated pricing. Under Flexport, the technology is being integrated into a broader global logistics platform. For carriers and owner-operators, Flexport provides load-matching services similar to other digital brokers.
Pay & Compensation
Solo Driver Pay
N/A (platform — pays carriers)
Team Driver Pay
N/A
Owner-Operator Pay
Varies by load (platform rates)
Pros & Cons
Pros
- Technology-driven load matching
- Flexport's global logistics network
- Digital-first booking and documentation
- Growing platform with VC backing
Cons
- Original Convoy shut down in 2023 (uncertainty factor)
- Not a direct employer — no driver benefits
- Platform rates fluctuate with market
- Still integrating Convoy technology post-acquisition
Equipment & Operations
Equipment Types
Operating Region
48 states
Home Time
N/A (does not employ drivers directly)
Annual Revenue
$2.0 billion (Flexport total)
Best For
Tech-savvy carriers wanting digital load matching through a major logistics platform