Freight

Amazon is expanding its logistics services, opening its less-than-truckload (LTL) shipping capabilities to all businesses nationwide, not just its own network. This move, part of its Amazon Supply Chain Services program, aims to leverage its extensive infrastructure. The announcement led to significant stock declines for major freight carriers like Old Dominion, ArcBest, Saia, XPO Logistics, and FedEx Freight, underscoring the competitive pressure Amazon is exerting on the industry.

DAT Freight & Analytics is acquiring the Convoy Platform from Flexport, enhancing its freight-matching capabilities. The acquisition brings automation, fraud prevention technology, and a mobile-friendly platform to DAT One. Key Convoy Platform personnel, including Bill Driegert, will join DAT. Flexport views the sale as beneficial for the industry, DAT, and themselves, after improving and decoupling the platform. DAT aims to integrate the Convoy Platform to offer brokers automated and manual freight-matching options, while carriers benefit from streamlined load discovery and faster payments.