SALE

THE WALL STREET JOURNAL reports:

Digital freight startup Transfix sold its brokerage unit and is resetting itself as a software provider, the latest in a string of setbacks for digital upstarts that only a few years ago threatened to disrupt trucking’s load-matching business. 

The company, which was considering a public listing only two years ago through a reverse merger, is selling the digital middleman operation to trucking and warehousing company NFI Industries.

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