March is upon us, and that means it’s time for the Mid-America Trucking Show (MATS). We’re heading to Louisville, Kentucky for MATS, the trucking industry’s biggest trade show with over 70,000 attendees and 1,000 exhibitors from March 28-30. Taking place at the 1.2 million-square-foot Kentucky Exposition Center, MATS attendees will be able to enjoy free…
Category: Convoy News
Convoy Reaches Trucking Industry Milestone: 100% Automated Matching of Loads to Carriers
Today, in a trucking industry first, Convoy announced that our freight marketplace is automatically matching — without human intervention — 100% of loads to trucks in top markets. These include routes from major West Coast markets such as Seattle, Portland, and Los Angeles; Midwest routes from Chicago, Cincinnati, and Milwaukee; routes from Texas markets such as…
Niagara Chooses Convoy as Broker of the Year
The procurement and logistics team at Niagara Bottling like to say they are a manufacturing and transportation company that happens to make bottled water. Over the next year (and well beyond), the Niagara logistics team is focused on aligning their supply chains to create efficient, waste-reducing and collaborative operations and partnerships. “Collaboration is the key…
Shippers Now Have Direct Access to Convoy’s Data and Models With Shipper Platform 2.0
Shippers across the country are overpaying on freight because they don’t have access to the right information about the market and lanes they run. Shippers recognize the need to fill this gap: According to Capgemini Consulting, 93% of shippers say that improved, data-driven decision making will be crucial to their supply chain success. At Convoy,…
The Trucking Industry Recognizes Convoy as the Most Innovative Broker in Freight
We’re honored to be named among the FreightWaves “Freight.Tech 25,” which showcases the most innovative and disruptive companies in freight. The companies were evaluated by over 50 industry executives, academics and investors; including Freightwaves CEO, Craig Fuller, and executives of Steifel, JB Hunt, Keeptruckin’ and Daimler. We ranked in 4th place, out of 500 nominated companies. This…
#MoonshotWeek 2018 Was Trucking Awesome
At Convoy, speed and innovation are rooted deep in our culture – they’re a part of who we are. We believe that when we remove boundaries and free people up to truly run, great things happen. Last week was Convoy’s first #MoonshotWeek, during which the Convoy team had the opportunity to take a step back…
Less Waiting. More Hauling. Introducing Flex Loads.
One of trucking’s dirty secrets is that poor appointment setting is a leading source of wasted time and empty miles. According to research from American Transportation Research Institute, drivers are driving empty 20.7% of the time. Even if a driver is able to find a shipment on the right route, the timing frequently doesn’t work…
Convoy Raises $185 Million led by Alphabet’s CapitalG
Today we are excited to announce that we’ve raised $185M led by CapitalG, the growth equity investment fund of Google parent company Alphabet, bringing our total capital raised to more than $265 million. As part of our new relationship with Alphabet, David Lawee from CapitalG will join our board of directors. This year, we’ve expanded…
Happy National Truck Driver Appreciation Week
We’re thankful for each of our carriers. In fact, we created a video specifically to celebrate all of you that choose to haul with Convoy. Thank you for your feedback, business, and trust. Our goal is to always create the best experience for carriers. This week we want to do even more….as a thank…
Excited to be named to LinkedIn’s Top Startups 2018
Convoy was founded three years ago with the mission to bring endless capacity and zero waste to transportation. We have a talented team that is passionate about our mission and works diligently to ensure it becomes a reality. Hundreds of shippers, large and small, as well as hundreds of thousands of truck drivers have booked…
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. This provides shippers with reduced operational overhead, increased load coverage and cost…
Convoy Named One of the Best 100 Companies to Work For in Washington
We’re so excited to announce that we’ve made Seattle Business Magazine’s list of 100 Best Companies to Work For for the second year in a row! For the 28th year, Seattle Business Magazine looked for the top companies in Washington that set the standard for a work environment, rewards and recognition, benefits, communications, responsibility and…
Convoy Wins Next Tech Titan at 2018 Geekwire Awards
Each year, the Geekwire Awards celebrate the heart and soul of Seattle’s thriving tech community. Last year, Convoy took home the coveted Startup of the Year award. And this year – at the 10th Anniversary Award ceremony last night- Convoy was recognized as Geekwire’s Next Tech Titan! “This is a huge honor,” Convoy co-founder Grant…
Convoy Introduces Power-Only Program and Universal Trailer Pool
Two years ago we announced a new power only loads program that would unlock business opportunities for small carriers and owner-operators, helping them access more loads and spend more time with their trucks full. Interested in hauling with Convoy? Get set-up with a carriers‘ portal, or read more on our carrier packet page to learn…
U2’s Bono and The Edge invest in Convoy
U2 frontman Bono and lead guitarist The Edge have invested in the future of trucking by supporting Convoy, the leading network of technology-connected small trucking companies. “Bono and The Edge know more about trucking than you might think. They’ve spent most of their adult lives touring the world with U2, and trucks are an essential…
The Twenty Minute VC with Dan Lewis
Dan Lewis, CEO and Co-founder of Convoy, recently chatted with Harry Stebbings on the 20 Minute VC Podcast. Check out the episode here: CLICK TO PLAY CLICK TO LISTEN ON ITUNES They covered a range of topics including: How to think about choosing the right investors and enhancing board chemistry How investors can help build credibility and…
