Less than a year after automating the load-matching process, Convoy is now automating the brokerage side in select markets.
Riding a wave of innovations, the digital freight services startup ranked No. 3 on the FreightTech 25 list of most disruptive companies.
Convoy launched Automated Reloads in June. Since then, the company said in “top markets,” the number of empty miles has been reduced by up to 50% or more in some areas and carbon emissions from empty miles have been reduced 45%.
Convoy has rolled out a free transportation management system for shippers. Also, USPS is interested in drone operators, Rivian wants people to subscribe to its trucks, and Virgin Atlantic pushes for more air cargo marketshare in London.
Shippers, TMS and MTP providers have now been given access to Convoy’s automated real-time pricing and capacity for both live and drop-and-hook loads through API and a suite of developer tools called Convoy Now.
Several years ago Smithfield Foods, the world’s largest pork processor, initiated a plan to overhaul its logistics network, which at the time included a fleet of nearly 6,500 third-party trucks traveling more than three million miles weekly. The changes included ramping up direct shipping to customers; optimizing its dedicated fleet and increasing use of newer, […]
