Reinventing Contractual Freight: Introducing a Real-Time, Guaranteed Rate for Routing Guides, Resulting in a 20% Increase in Load Coverage

We consistently hear from shippers that the contractual freight process is failing them. It’s a slow and static process that is misaligned with the fast-paced and volatile freight market. Today, we are announcing Dynamic Backup giving shippers real-time, guaranteed prices for contractual freight.

Empowering Women in Trucking With Ellen Voie

Recently we had the honor of hosting Ellen Voie, founder, President, and CEO of Women In Trucking Association (WIT) at Convoy HQ. WIT’s mission is to encourage the employment of women in the trucking industry, promote their accomplishments, and minimize obstacles faced by women working in the trucking industry.

July/August Freight Market Update: Planning for Seasonality and Market Shifts

From the first DOT week with ELDs to unprecedented load-to-truck ratios in California to the start of the summer season, the past few weeks have been overwhelming for many shippers. Companies are paying more than ever to move their products and carriers are failing on loads or rejecting primary freight, leading to a very hot (and expensive) spot market.

Convoy Rocks on With Latest High-Profile Investors

FreightWaves has covered Convoy's Series B funding, as well as their potentially game-changing play to offer "automatic detention pay" for drivers caught in bad shipping detention situations. But only this week Convoy revealed that members of one of the world's all-time greatest rock bands, U2’s Bono and The Edge, quietly invested in the company last year.

Convoy Introduces Automatic Detention Pay As It Expands Nationwide

Three years after launch, Convoy has gone national. And with it a new detention feature that will automatically pay drivers who are held up for more than 2 hours at a facility.

New Funding Helps Fuel Convoy's Growth but Focus Remains on Core Mission

One of the early entries in the so-called and really misnamed “Uber for trucking” movement, Convoy found immediate backers with the likes of Jeff Bezos, Marc Benioff and Henry Kravis when it launched in 2015. Since then, hundreds of companies have tried to enter the field of digital freight matching, including Uber itself this year. But as competitors have come and gone, Convoy has remained.