DAT to Acquire the Convoy Platform from Flexport

BEAVERTON, Ore. & SAN FRANCISCO--(BUSINESS WIRE)--Jul 28, 2025--

DAT Freight & Analytics has agreed to acquire the Convoy Platform from Flexport, adding best-in-class automation and digital freight-matching technology to its product portfolio.

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The Convoy Platform provides freight brokers a powerful way to automate virtually every aspect of the freight transaction and connect with trusted trucking companies. It is an ideal complement to DAT One, DAT’s flagship subscription-based load board, where nearly 700,000 loads are posted daily.

“The acquisition of Convoy demonstrates DAT’s ongoing commitment to enhancing network value for our customers,” said Jeff Clementz, DAT President and CEO. “Together, we will give customers a better, broader freight-matching network, the ability to manage more loads and capture incrementally more business, and ultimately more choice.”

“We invested in the Convoy Platform because we saw its potential. In just 18 months, we improved the core technology platform, reengaged the market, and significantly increased its value. Importantly, we demonstrated a strong product-market fit by decoupling the platform from a brokerage,” said Ryan Petersen, Founder and CEO of Flexport. “We look forward to a lasting relationship as a DAT customer. This sale is a win for the entire freight industry, a win for DAT, and a win for Flexport.”

Flexport acquired the Convoy Platform and related intellectual property in October 2023 and launched the Convoy Platform as a freight-matching service for all brokers in April 2024, growing the platform with thousands of carriers. Flexport’s vision and investment in building and scaling the Convoy Platform for the broader market, as a neutral digital marketplace, creates significant value for DAT and its customers.

Furthermore, this acquisition will enhance DAT’s innovative team and technology by adding:

DAT will ultimately integrate the Convoy Platform into its DAT One product. This will allow brokers to seamlessly access both automated and hands-on freight-matching options, and give carriers a faster, easier way to find quality loads from trusted brokers, supported by DAT’s scale and reach.

For more information about the Convoy Platform, visit convoy.com/dat.

About DAT Freight & Analytics

DAT Freight & Analytics operates DAT One, North America’s largest truckload freight marketplace; DAT iQ, the industry’s leading freight data analytics service; Trucker Tools, the leader in load visibility; and Outgo, the freight financial services platform. Shippers, transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights, informed by nearly 700,000 daily load posts and a database exceeding $1 trillion in freight market transactions.

Founded in 1978, DAT is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Headquartered in Beaverton, Oregon, DAT continues to set the standard for innovation in the trucking and logistics industry. Visit dat.com for more information.

About Roper Technologies

Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its excess capital toward high-quality acquisitions. Additional information about Roper is available on the Company’s website at www.ropertech.com.

About Flexport

We believe trade can move the human race forward. That’s why since our founding in 2013, it's our mission to make global commerce so easy there is more of it. Flexport is the tech-driven platform for global logistics—empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. Flexport was one of CNBC's Disruptor 50 Companies as well as one of Fast Company's Most Innovative Companies. Trusted by more than 10,000 brands, Flexport connects every step of the supply chain from factory floor to customer door—making it easy for businesses to ship anywhere, sell everywhere, and grow faster.

DAT to acquire the Convoy Platform from Flexport

BUDAPEST, Hungary (AP) — Hungary and Ukraine will begin high-level consultations on the rights of Ukraine's ethnic Hungarian minority, the countries' foreign ministers said on Monday, an early sign that strained relations between Budapest and Kyiv could improve under Hungary's new government.

Bilateral ties between the neighboring countries had eroded for years under the pro-Russian government of former Hungarian Prime Minister Viktor Orbán, which refused to provide Ukraine with money or weapons to assist in its defense against Russia's full-scale invasion.

Orbán, who was voted out of office in a landslide election in April, justified many of his government's anti-Ukraine policies with what he said was the restriction of language and education rights for the roughly 100,000 ethnic Hungarians that live in the Ukrainian region of Zakarpattia.

Aimed at combating Russian influence but ultimately affecting other minority languages, Ukraine passed a law in 2017 that made Ukrainian the required language of study past the fifth grade, angering Romanian, Bulgarian and Hungarian minorities.

But in a post on X Monday, Hungary's new Foreign Minister Anita Orbán wrote that “expert-level consultations aimed at resolving the rights of the Hungarian minority” will begin as soon as this week.

The talks will form “an important foundation for the prompt and reassuring settlement of minority rights issues,” wrote Orbán, who is not related to the former prime minister.

“I trust that the dialogue will be constructive and productive, and that the negotiations will soon bring tangible progress for the Hungarian community,” she continued.

The step was an early sign of a possible mending of the bilateral relations that had dropped to historic lows under Orbán. His nationalist-populist government had blocked crucial European Union funding for Ukraine, held up sanctions against Moscow and threatened to impede the war-ravaged country’s efforts toward eventually joining the bloc.

In the lead-up to the April election, Orbán’s government ran an aggressive anti-Ukraine campaign, casting the neighboring country as an existential threat to Hungary that threatened to tank its economy and drag it into the war.

But with the election of the center-right Tisza party and its leader, Prime Minister Péter Magyar, hopes emerged that Hungary's new government would pursue a more constructive approach.

In a stark example of the about-face in relations with Moscow ushered in by Magyar's election, Hungary's new foreign minister last week summoned the Russian ambassador over a massive drone strike in Zakarpattia — a move nearly unthinkable during Orbán's 16-year tenure.

Ukrainian President Volodymyr Zelenskyy called the summons in Budapest an “important message” and thanked the new government for its response.

On Monday, Ukrainian Foreign Minister Andrii Sybiha wrote on X that his government is “ready to open a new, mutually beneficial chapter in Ukrainian-Hungarian relations without delay,” with the aim of “restoring trust and good-neighborly relations between our countries.”

Sybiha wrote that during a phone call with Anita Orbán, he had thanked her for “the Hungarian government’s principled and swift reaction to the latest Russian strikes against Ukraine.”

Prime Minister Peter Magyar, right, and Foreign Minister Anita Orban during the appointment ceremony of ministers of the Tisza government at the presidential Alexander Palace in Budapest, Hungary, Tuesday, May 12, 2026. (Szilard Koszticsak/MTI via AP)

Ukraine's Foreign Minister Andrii Sybiha speaks with the media as she arrives for a meeting of EU foreign ministers at the European Council building in Brussels, Monday, May 11, 2026. (AP Photo/Marius Burgelman)