Trucking marketplace Convoy abruptly starts winding down operations; sources say the company had ~$320M in revenue as of October, down from $630M in 2022 (Maria Heeter/The Information)

October 19, 2023

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Maria Heeter / The Information:

Trucking marketplace Convoy abruptly starts winding down operations; sources say the company had ~$320M in revenue as of October, down from $630M in 2022 — Trucking startup Convoy’s revenue collapsed in the first nine months of this year, falling far short of the company’s 2022 revenue …

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