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 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.