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By Alex Lennane
The youthful death of a freight ’unicorn’ has as ever divided the market: those who believe VC cash simply disguises unsustainable businesses; and those who believe that tech disruption in supply chain management will ultimately succeed at the expense of ‘traditional’ – AKA profitable – operators.
It is, of course, more nuanced than that. But let’s take Convoy, the tech-enabled freight brokerage that shuttered its doors last week.
It had received more than $1bn in funding, from investors including Jeff Bezos and ...
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