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.
Convoy is a network of tech-enabled trucking companies transforming the $800-billion trucking industry and logistics ecosystem for truck drivers and shippers. Using technology, Convoy matches reliable carriers with companies that need to ship freight. With Convoy, carriers get access to a free mobile app that allows them to find loads they want, save time, drive fewer miles empty, and get paid quickly. Shippers use Convoy’s data-driven insights and industry-leading service levels to improve their supply chain operations and lower costs. Learn more at www.convoy.com.
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.
There’s a side of the trucking industry most don’t see. Look behind the hardened exterior and you’ll find a community of people dedicated to both their profession and their community.
The current freight marketplace makes one thing clear, America needs more trucking companies. Capacity is at historic lows and rates are skyrocketing nationwide.
Some companies think they have it tough when setting up and orchestrating the delivery networks that shuttle their products from point of origin to end customer, but J.R. Butler faces some especially high hurdles.
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.
In June 2018 Convoy surveyed over 300 small and mid-sized trucking companies across the United States to collect a snapshot of the industry. Survey participants include dispatchers and owner-operators. All the results are self-reported by the participants.
The health and wellness of professional truck drivers is an increasing concern. This issue was ranked as the 8th most important in the industry by contributors to the American Transportation Research Institute.
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 leverages its tech to give owner-operators the same advantages as large carriers.
Digital freight broker Convoy staked their claim in the freight market by doing something that few have had either the ability to or desire to do before: automate detention.
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.
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.