Shippers and carriers love drop-and-hook freight for its speed and simplicity. In fact, the majority of US Fortune 500 shipments are sent through preloaded drop trailers. The challenge with drop has been one of scale. Traditional drop services are limited to specific lanes and regions, and when demand surges, they can’t flex up to accommodate…
Stay resilient during market volatility with dynamic freight pricing
As the past year has shown, static contract rates often diverge from the market when it’s volatile, leading to higher tender rejection rates and sending shippers down their routing guides. Since most routing guides are built using static rates, backup carriers may reject tenders for the same reason primary carriers do, resulting in lost time,…
15 ways to save on freight
Transportation teams have a mandate to keep costs low without sacrificing performance. This isn’t an easy job, and the work is never over. Lowering transportation costs is no longer as simple as selecting the cheapest provider on a cost per mile basis. Every step in the lifecycle of a shipment takes time and costs money.…
A safety net for tender rejection
The problem: You’ve got a truckload of goods to send to a retailer’s warehouse. With DOT week around the corner, a late delivery will lead to unfulfilled orders and unhappy customers. As the clock is ticking, you open your TMS to discover that your primary carrier on the lane just rejected the tender. What do…
A new approach to primary freight
The RFP is a cornerstone of primary freight procurement. At the same time, the RFP process takes months to complete and costs millions in operational expenses each year. The challenges of running RFPs and managing contracts are well known to all parties involved. In this white paper, we examine the true cost of annual transportation…
Five fundamentals of supply chain resilience
A resilient supply chain will prepare your logistics for any market condition. Even in normal markets, logistics is a high-pressure field of work. In the absence of stability, it’s imperative for logistics teams to build resilient supply chains that can operate in any market condition, without sacrificing performance. Download Convoy’s white paper to learn about:…
