Convoy vs UPS
Side-by-side comparison of AI visibility scores, market position, and capabilities
Convoy was the digital freight marketplace that reached $3.8B valuation before shutting down in October 2023; assets were acquired by Flexport as the US trucking industry's digital transformation continues.
About
Convoy was a Seattle-based digital freight network that operated an automated matching platform connecting shippers with trucking carriers, aiming to bring Uber-style efficiency to the highly fragmented US trucking industry. Founded in 2015 by Dan Lewis and Grant Goodale, Convoy raised over $900M from investors including Google, Jeff Bezos, and T. Rowe Price, reaching a peak valuation of $3.8 billion as it grew to handle hundreds of thousands of loads per month across a network of hundreds of thousands of trucks.
NYSE-listed (UPS) global package carrier with $91.1B revenue and 24M+ daily deliveries; managing Amazon volume reduction while growing healthcare logistics and international express competing with FedEx.
About
UPS (United Parcel Service) is an Atlanta-based global logistics and package delivery company — one of the world's two largest package carriers alongside FedEx — operating ground delivery networks in the US and international air/ground express delivery in 220+ countries, plus supply chain management, freight forwarding, customs brokerage, and healthcare logistics services. Listed on NYSE (NYSE: UPS), UPS generated $91.1 billion in revenue in fiscal year 2023 and employs approximately 495,000 people globally, delivering 24+ million packages per day.
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