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

TruckloadLTLIntermodal

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

Frequently Asked Questions About Flexport (formerly Convoy)

Convoy, the digital freight broker, shut down operations in October 2023 after running out of funding. Flexport acquired Convoy's technology and customer relationships. The Convoy brand no longer operates independently.

No. Flexport is a technology-enabled logistics company that provides freight brokerage, international shipping, and supply chain management. They connect shippers with carriers but do not own trucks or hire drivers.

Yes. Carriers and owner-operators can register with Flexport to access their load-matching platform. You will need active MC authority and proper insurance documentation.

Company Snapshot

Rating: 3.3 / 5.0
Headquarters: San Francisco, CA
Founded: 2015
Fleet Size: Asset-light (digital freight platform)
Drivers: N/A (platform connects carriers with shippers)
DOT #: N/A (digital broker)

Mixed Reviews

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