DAT to acquire Convoy Platform from Flexport.

DAT Freight & Analytics, a US-based freight exchange service and provider of transportation information, agreed to acquire Convoy Platform, a platform automating virtually every aspect of the freight transaction and connecting with trusted trucking companies, from Flexport, an American multinational corporation focusing on supply chain management and logistics. Financial terms were not disclosed. “The acquisition of Convoy demonstrates DAT’s ongoing commitment to enhancing network value for our customers. Together, we will give customers a better, broader freight-matching network, the ability to manage more loads and capture incrementally more business, and ultimately more choice,” Jeff Clementz, DAT President and CEO.