Today we’re excited to announce enhancements to our drop-and-hook service, Convoy Go, that provide customers with more flexible, reliable capacity, superior service levels, and real-time load visibility. Specifically, we’ve added predictive trailer routing, automated reloads with batched routes, and improved smart trailer telematics to our nationwide drop service. The challenge with traditional drop-and-hook has been […]
In this post, we highlight the complex and innovative combinatorial optimization techniques used by Convoy scientists and engineers to achieve efficiency and scale in what is fast becoming the most popular way for retailers and manufacturers to move truckload freight: drop-and-hook. We’ll explain what drop-and-hook is, why it’s historically presented problems of inefficiency to companies […]
By eliminating trailer loading and unloading wait times, Convoy power only loads require an average of 6 hours less to complete than traditional live loads to and from the same facilities. Carriers who are hauling power only loads in Convoy’s network are doing so 30% of the time, and generating up to $19,000 more revenue per truck per year through increasing the number of loads they are able to haul.
Retail spending took a brief breather in October, slipping slightly on its relentless upward march that began in June. The annual pace of growth in retail sales edged lower to 8.5% compared to 8.8% in September, the first year-over-year deceleration since states began to reopen after the first wave of Covid-19 induced lockdowns. But as […]
Every industry in the world needs to focus on sustainability, but the $2.5 trillion fashion industry is, without doubt, one of the biggest polluters. According to the EPA Office of Solid Waste, Americans throw away more than 68 pounds of clothing and textiles per person, per year, and clothing and other textiles represent about 4% […]
Today we take another step toward our goal of zero waste in shipping with our carbon offset program. This program, one of the first truckload focused offset offerings, gives businesses the ability to ship carbon neutral with carbon offsets. A carbon offset represents a reduction in emissions of carbon dioxide or other greenhouse gases, which […]
At Convoy, we value the women and men who have served or are currently serving in the United States Military. We recognize and appreciate that many people in trucking, freight, and logistics are veterans and believe it is important that our employee demographics reflect that. From our early days, we have brought amazing veterans onto […]
Seattle, WA — November 9, 2020 — Convoy, the nation’s most efficient digital freight network, has earned the third spot in FreightWaves’ FreightTech 25, an annual list of the most innovative and disruptive companies in freight. This year marks Convoy’s third consecutive year placing in the top five. “Our nation’s supply chain has faced monumental […]
Sustainability is no longer that elephant in the room nobody wants to talk about. The reality is companies have to make an investment in sustainability in order to have a chance at maintaining market share in their industry. Every day, the world turns a more finely-tuned lens on what businesses are doing to protect people, […]
Trucking industry employment increased by 0.7% (9,600 jobs, seasonally adjusted) in October according to payroll data released today by the Bureau of Labor Statistics (BLS) — nearly matching August for the best month for job gains since the start of the pandemic and close to the monthly job gains at the last freight market peak […]