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Trucking startup? Convoy sounds like an ordinary freight exchange to me, where truckers trade available loading space against transport orders. For each assigne
by jsdwarf 3y ago
Trucking startup? Convoy sounds like an ordinary freight exchange to me, where truckers trade available loading space against transport orders. For each assigned order, the trucker pays a transaction fee to the platform. Plus there are additional services like factoring: get paid immediately by the platform instead of 30 days later by the shipper, platform usually keeps 5% commission for this.
Dozens of platforms like this exist in Europe, not sure why everybody makes a fuss about it.