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. Read the Full Blog Post
The incumbents are still way ahead. While C.H. Robinson’s scale and reach remain unmatched, a number of competitors have realized strong growth and have achieved significant scale over the past ten years.
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. Read the Full Blog Post
Convoy is going to start managing assets to give owner-operators access to efficient, desirable drop and hook freight. We think it’s brilliant.
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. Read […]
Convoy leverages its tech to give owner-operators the same advantages as large carriers. Read the Full Article
Convoy revealed Monday morning that U2’s Bono and The Edge quietly invested in the company last year.
The third installment of CarrierLists and FreightWaves load sourcing survey has more of the same. We dig a little deeper to see something about the industry that is seemingly obvious, but is it?
The third installment of CarrierLists and FreightWaves load sourcing survey has more of the same. We dig a little deeper to see something about the industry that is seemingly obvious, but is it?
Cashflow Corner presented by TriumphPay …Large fleets are benefited for years from fuel and maintenance discounts. Now, smaller fleets and owner-operators are starting to reap some of those same benefits.
Transportation is increasing its usage of technology in many areas, but apparently relationships still drive the small to mid-size carrier market when it comes to load generation. Freight brokers could also be blind to an untapped resource…until now.
Convoy put the freight brokerage industry and shippers on notice with it’s automatic detention system.
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. Read the Full Article
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. Read the Full Article
Detention time is a major issue for truck drivers and carriers, but Convoy is doing something about it by introducing automatic detention pay for those operating under Convoy loads.
KeepTruckin raises $50M in a Series C financing. Plans to have 400,000 subscribers by the end of the year
In the future of freight, relationships will take a back seat to data and how carriers use the data to speed price and capacity discovery.
Uberization has been a hot term to describe digital transactional brokerage. But a bigger, untapped opportunity might be available in the market
C.H. Robinson will implement Omnitracs’ Virtual Load View (VLV) application as it seeks ways to improve visibility into load tracking. The system will run alongside C.H. Robinson’s own Navisphere system.
Digital freight brokers are using “Daily-deal” tactics to get revenue growth. They sold themselves as a platform to change the inefficient trucking industry, but have found it difficult to find quality sources of high-volume freight. These platforms have resorted to aggressive pricing tactics using investor capital. What will find is that as soon as they change prices, shipper loyalty will evaporate.
