The Flexport company opened up its new Convoy Platform to brokers, officially exiting the broker game and distancing itself from the model that sank the original Convoy, leaving carriers unpaid.
Convoy Platform s new owner, Flexport, stands accused of wrongly charging millions in detention and demurrage to the two shippers. In other news: I-95 back open fully after deadly tanker explosion and temporary repairs; latest Highway Angel.
Hercules Capital, who owns Convoy s accounts receivable, might be on the verge of settling with Convoy s unpaid carriers, according to one debt collector.
FourKites, BuyCo Partner on Container Shipping Management pymnts.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pymnts.com Daily Mail and Mail on Sunday newspapers.