This week Convoy hosted a webinar looking back at the key market forces driving the freight industry in 2019, and explored how unresolved questions from the past year might shape the market going into 2020. There remain substantial uncertainties about the economic outlook for the coming year. To some degree, there always are. But for…
Category: Shippers
Announcing direct-from-shipper loads, enabling carriers to access 10x more spot freight
Convoy has launched direct-from-shipper loads nationwide, a new capability that provides carriers access to 10x the amount of spot freight from America’s largest shippers. One of the biggest problems that carriers face is having to call and work with many different brokers to find the best next load to haul. It is very time consuming…
Automated Reloads Are Reducing Empty Mile Carbon Emissions by 45%
Today, Convoy is proud to share that bundling loads through our Automated Reloads program is yielding a 45% decrease in CO2 emissions from trucks running empty less often. Launched nationwide in June, Automated Reloads algorithmically groups multiple full-truckload shipments for carriers — minimizing empty miles, eliminating time wasted between loads, and lowering the resulting unnecessary…
Niagara Selects Convoy as National Carrier of the Year for the 2nd Year in a Row
Niagara Bottling, a leading bottled water supplier in the United States, awarded Convoy with the 2019 National Carrier of the Year award. This marks the second year in a row that Convoy has won this prestigious award from Niagara. The opportunity to build a more efficient and sustainable supply chain for our shippers is core…
Convoy Partners with TMS Provider BluJay to Bring Instant Market Rates to Shippers Nationwide
Today, we’re proud to announce a partnership with BluJay Solutions, a leading supply chain software and service provider. This partnership provides shippers with direct access to Convoy’s instant market rates with guaranteed tender acceptance no matter the market conditions, via BluJay’s Transportation Management dashboard. This direct integration has already begun to roll out with…
Asset like performance and safety – in a digital freight network
Historically, shippers have relied on brokers for flexible carrier capacity but looked to asset-based carriers to manage risk and improve service quality. Shippers were forced to make an either/or decision. But Convoy delivers the best of both, offering the flexibility of a broker while also providing the safety and quality typically associated with asset-based carriers.…
FreightWaves May Webinar Recap: 6 Things You Should Know
Thanks to all who attended FreightWaves’ May monthly webinar, sponsored by Convoy. Below, we summarize the webinar and add insights from Convoy. Overall, trucking economic data is turning negative, indicating low demand may be here to stay as we enter the peak summer months. On the carrier side, capacity is stretching beyond existing demand and…
Sixpoint Brewery’s Focus On Supply Chain Innovation Means Better Service and Better Beer
Brooklyn’s Sixpoint Brewery is known for its delicious blend of art and science (“mad science” for brew fans in the know). The beverage producer brings fresh and sometimes funky flavors to life for craft beer lovers all across the country. Over the past year, Sixpoint has released over 40 different formulations to local and national…
4 Ways for Shippers to Survive International Road Check 2019
Why is June 4-6 one of the most popular times for carriers to take vacations? Hint: It’s not kids starting summer vacation. Each June, the Commercial Vehicle Safety Alliance (CVSA) designates a 72-hour period for “International Roadcheck.” This three-day event is described as “the largest targeted enforcement program on commercial motor vehicles in the world.”…
RFP 2.0 – Part Three: Creating a Predictable Future
The RFP is a key part of the planning process for many high-volume shippers. In this three-part series, we’re going to show how Convoy is providing a unique and better way to get the most out of the RFP process. Please read prior RFP 2.0 posts: Introduction, Thinking Beyond the Lane, and Data & Analytics.…
Best Practices in Carrier Compliance Management
When people think Convoy, they think technology, data, and insights that result in lower cost and better service. Yet, at the end of the day, no matter how incredible our tech is, we are providing trucking as a service. When shippers hire us, they trust that the driver showing up at their facility is going…
Anheuser-Busch Recognizes Convoy Among its Carriers of the Year
Last year, Anheuser-Busch named Convoy its Tech Partner of the Year. As a tech-enabled logistics marketplace, we were proud to have our teams and platform recognized by an industry leader. Through our tech-enabled marketplace, we share data and insights with our customers such as facility wait times, which can help forecast detention costs, driver ratings,…
Building the future of freight, together
Convoy’s product team has worked closely with hundreds of businesses — from domestic glass makers to multi-billion-dollar energy companies — to better understand how we can give you more confidence, control, and knowledge throughout your shipping operations. We found that most organizations have similar challenges when it comes to shipping freight, and every business has…
RFP 2.0 Blog – Part Two: Data and Analytics
The RFP is a key part of the planning process for many high-volume shippers. In this three-part series, we’re going to show how Convoy is providing a unique and better way to get the most out of the chaotic freight RFP process. Please read RFP 2.0 – Improving the Shipper RFP Experience for the introduction…
7 Compliance and Safety Questions to Ask Your Freight Broker and 3PL Partners
Working with a third party service provider can bring additional risk to your supply chain if you’re not prepared and well-informed. Before booking your next load, verify your service providers have rigorous compliance standards in place. Ask these seven questions to start your assessment.
RFP 2.0 – Part One: Think Beyond the Lane
The RFP is a key part of the planning process for high-volume shippers. In this three-part series, Convoy is going to present a unique and improved approach for shippers to get the most out of the RFP process. Please read RFP 2.0 – Improving the Shipper RFP Experience for the introduction. In this installment of…
3 Small Ways to Make Your Shipping More Sustainable
Top of mind for most companies right now, supply chain sustainability involves a broad scope of activities that start at the point of raw materials and finish when the final product arrives at the end user’s doorstep or dock. At all points along the way there are opportunities to work in a more sustainable manner.…
Weekly Freight Market Update: How Low Can Tender Rejection Rates Go?
Capacity continues to be abundant across the nation. National tender rejection rates hit a 12-month low on Tuesday, April 9 — reaching 4.85%. Jump in Tender Rejection Rates However, on Wednesday, April 10, tender rejection rates jumped 13.2% — the largest single-day increase of the year so far — to 5.5%. It’s possible that tender…
RFP 2.0 – Improving the Shipper RFP Experience
In a three-part series, we are going to show a different approach for shippers to get the most out of their RFPs. The RFP is a key part of the planning process for many high-volume shippers. The goal of the RFP is to help a shipper find the best carriers at the best prices,…
Weekly Freight Market Update: Shippers Hop Into Candy Season
Last week, we entered the expected beginning-of-the-quarter lull. Volumes fell by nearly 4% this week but remain above February levels. Tender rejections also fell this week as primary freight continues to be accepted by carriers. Compared to this time last year, the market is up 3.4%. But making freight market comparisons to the same week…