<div class="phx-topic abstract-wrapper"><p>The demise of truckload broker Convoy has highlighted how difficult it is to create differentiation in a market with no dominant player, with Convoy itself to blame for stoking more competition through its technology focus. </p></div>

The demise of truckload broker Convoy has highlighted how difficult it is to create differentiation in a market with no dominant player, with Convoy itself to blame for stoking more competition through its technology focus.

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<div><p><a>Now-shuttered freight broker Convoy</a> raised $1 billion in its eight years of existence. According to transportation analyst Armstrong &amp; Associates, Convoy had approximately $1.1 billion in gross revenue in 2022.&nbsp;</p><p>The closeness of those two numbers is significant because of how much&nbsp;— or little&nbsp;— they meant in the grand scheme of the market in which Convoy participated.</p><div><img></div><p></p><p>One billion dollars of venture capital funding placed Convoy second on a list of companies that have used VC to fuel growth in a highly fragmented industry. Only Flexport&nbsp;— similar to Convoy, a digitally native intermediary — has raised more venture funding within the logistics...

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No escaping the truckload market’s inherent fragmentation for Convoy

<div class="phx-topic abstract-wrapper"><p>Treating project cargoes as a return cargo bucks traditional breakbulk shipping strategy, but G2 Ocean is looking to provide a unique solution to the backhaul dilemma.</p></div>

Treating project cargoes as a return cargo bucks traditional breakbulk shipping strategy, but G2 Ocean is looking to provide a unique solution to the backhaul dilemma.

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Carrier flips backhaul cargo challenge to ‘disrupt’ MPV sector

<div class="phx-topic abstract-wrapper"><p>Hapag-Lloyd said there’s a 72-hour wait at Shanghai’s Yangshan deepwater port for vessels operating Gemini services, while ships operating non-Gemini services are having to wait six days before being able to berth.</p></div>

Hapag-Lloyd said there’s a 72-hour wait at Shanghai’s Yangshan deepwater port for vessels operating Gemini services, while ships operating non-Gemini services are having to wait six days before being able to berth.

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Vessel delays worsen at key Chinese ports after typhoon moves through

<div class="phx-topic abstract-wrapper"><p>On a second-quarter earnings call, company officials said tightening driver availability, increased regulatory enforcement and rising operating costs are removing capacity from the market faster than freight demand is growing.</p></div>

On a second-quarter earnings call, company officials said tightening driver availability, increased regulatory enforcement and rising operating costs are removing capacity from the market faster than freight demand is growing.

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Tighter truck capacity, not stronger demand, driving freight recovery: J.B. Hunt

<div class="phx-topic abstract-wrapper"><p>Trade between Europe and its partners continues to adjust to the ever-changing geopolitical environment, and that uncertainty is being felt in the port’s container handling business.</p></div>

Trade between Europe and its partners continues to adjust to the ever-changing geopolitical environment, and that uncertainty is being felt in the port’s container handling business.

Antwerp H1 volume falls as disruption, falling exports weigh on throughput

<div class="phx-topic abstract-wrapper"><p>The pressure remains far less severe than the shortages that disrupted inland supply chains during the pandemic, but after nearly four years of relative stability, truckers and rail workers say equipment gaps are emerging. </p></div>

The pressure remains far less severe than the shortages that disrupted inland supply chains during the pandemic, but after nearly four years of relative stability, truckers and rail workers say equipment gaps are emerging.

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Chicago chassis fleet faces first post-COVID-19 test as West Coast imports rise

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Carrier flips backhaul cargo challenge to ‘disrupt’ MPV sector

Vessel delays worsen at key Chinese ports after typhoon moves through

Tighter truck capacity, not stronger demand, driving freight recovery: J.B. Hunt