Convoy - The Uber for truck transports becomes a unicorn

The market for truck transport in the US promises just under $ 750 billion. Now the industry, which is already packed with start-ups, has spawned a new unicorn. Unicorn is named a company in the start-up industry that exceeds the threshold of $ 1 billion. The Uber model for truck transport Convoy has now made this leap. The parent company CapitalG, which owns Google parent company Alphabet, is investing US $ 185 million in the start-up in Seattle, making it officially a unicorn. Google is thus expanding its portfolio in the industry and increasing competition on Uber Freight and Co.