Convoy’s Shutdown and the Limits of FreightTech Hype
Convoy raised over $900 million and promised to reinvent trucking with software. By late 2023, it collapsed—leaving behind a lesson that logistics can’t be disrupted by tech alone. This post unpacks what really went wrong: from unit economics to market cycles to the hard truth that moving freight requires more than matching loads—it requires control.
Old Dominion Is Still a Freight Machine—But the Landscape Is Changing
Old Dominion Freight Line has long been the gold standard in LTL—disciplined, focused, and remarkably consistent. But in 2024, the cracks began to show. With revenue and profit slipping for the first time in years, and competitors like XPO and Saia gaining ground, Old Dominion is at a crossroads. As both a logistics professional and a shareholder, I break down what these shifts mean—not just for Old Dominion, but for the future of freight.