Last week, Convoy announced it was shutting it's doors. We are joined by 3 guests: Ryan Soskin, who was employee #15 at Convoy, Zach Knobel, who was VP Enterprise Sales at Convoy, and John Marrinson, EVP at Wintrust Bank.
Ryan and Zach take us through Convoy's journey, helping give perspective to how the company innovated and approached the industry. It's clear that Convoy found ways to create more efficiencies than many of it's competitors, but in the end, the organization ran out of cash. The Convoy story is a fascinating one, and we are lucky to have great guests to walk us through it.
We spend time with John Marrinson talking about what is coming for brokers and carriers. The impact of interest rates rising, abundant capacity, and squeezed margins is making life very challenging for brokers, and more trouble is coming. John paints the picture well to understand how all these factors come together.
Tune in for this special episode.
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*** This episode is brought to you by Rapido Solutions Group. I had the pleasure of working with Danny Frisco and Roberto Icaza at Coyote, as well as being a client of theirs more recently at MoLo. Their team does a great job supplying nearshore talent to brokers, carriers, and technology providers to handle any role necessary, be it customer or carrier support, back office, or tech services. Visit gorapido.com to learn more.
A special thanks to our additional sponsors:
- Cargado – Cargado is the first platform that connects logistics companies and trucking companies that move freight into and out of Mexico. Visit cargado.com to learn more.
- Greenscreens.ai – Greenscreens.ai is the AI-powered pricing and market intelligence tool transforming how freight brokers price freight. Visit greenscreens.ai/freightpod today!
- Metafora – Metafora is a technology consulting firm that has delivered value for over a decade to brokers, shippers, carriers, private equity firms, and freight tech companies. Check them out at metafora.net. ***
