DAT to Acquire the Convoy Platform from Flexport
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250728801115/en/
DAT to acquire the Convoy Platform from Flexport
The Convoy Platform provides freight brokers a powerful way to automate virtually every aspect of the freight transaction and connect with trusted trucking companies. It is an ideal complement to DAT One, DAT’s flagship subscription-based load board, where nearly 700,000 loads are posted daily.
“The acquisition of Convoy demonstrates DAT’s ongoing commitment to enhancing network value for our customers,” said
“We invested in the Convoy Platform because we saw its potential. In just 18 months, we improved the core technology platform, reengaged the market, and significantly increased its value. Importantly, we demonstrated a strong product-market fit by decoupling the platform from a brokerage,” said
Flexport acquired the Convoy Platform and related intellectual property in
Furthermore, this acquisition will enhance DAT’s innovative team and technology by adding:
-
Deep experience: The Convoy Platform’s engineers, product experts, and operations professionals will continue to be led by
Bill Driegert , who will join DAT’s executive leadership team. - Fraud prevention at scale: The Convoy Platform’s proprietary technology uses machine learning and AI models to verify carriers on the network and block malicious actors. With these advanced security features built in, brokers can reduce their risk of fraud and access a trusted network of carrier capacity, all while increasing their efficiency and growing their business.
- Easy-to-use mobile experience: The Convoy Platform is recognized for high carrier satisfaction and usability. Today, nearly 30,000 carriers—primarily owner-operators and small trucking companies—use the app to find loads, manage paperwork, receive payments, and more.
- Fast, reliable payments: Every carrier on the Convoy Platform is eligible to get paid via QuickPay. It’s easy to use and available on every load on the platform, providing another option for fast payouts to carriers.
DAT will ultimately integrate the Convoy Platform into its DAT One product. This will allow brokers to seamlessly access both automated and hands-on freight-matching options, and give carriers a faster, easier way to find quality loads from trusted brokers, supported by DAT’s scale and reach.
For more information about the Convoy Platform, visit convoy.com/dat.
About DAT Freight & Analytics
DAT Freight & Analytics operates DAT One, North America’s largest truckload freight marketplace; DAT iQ, the industry’s leading freight data analytics service;
Founded in 1978, DAT is a business unit of
About
About Flexport
We believe trade can move the human race forward. That’s why since our founding in 2013, it's our mission to make global commerce so easy there is more of it. Flexport is the tech-driven platform for global logistics—empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. Flexport was one of CNBC's Disruptor 50 Companies as well as one of
View source version on businesswire.com: https://www.businesswire.com/news/home/20250728801115/en/
Media contacts:
DAT Freight & Analytics
Corporate Communications, DAT Freight & Analytics
pr@dat.com
904-305-6454
Flexport
press@flexport.com
Source: DAT Freight & Analytics
