Flexport Expects Profitability in 2025, Despite Recent Sale of Convoy Business
ByAinvest
Saturday, Sep 13, 2025 8:27 am ET1min read
Flexport, a digital freight forwarder, forecasts profitability in 2025, but its founder Ryan Petersen notes that it doesn't truly count. The company recently sold Convoy's digital freight business and technology to DAT Freight & Analytics for $250 million, less than two years after acquiring it for $16 million.
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